Common use of Excluded Subsidiaries Clause in Contracts

Excluded Subsidiaries. The Company shall not permit any Excluded Subsidiary to own the capital stock of any Subsidiary that is not an Excluded Subsidiary.

Appears in 6 contracts

Sources: Credit Agreement (CBIZ, Inc.), Credit Agreement (CBIZ, Inc.), Credit Agreement (CBIZ, Inc.)

Excluded Subsidiaries. The Company shall not permit any Excluded Subsidiary to own the capital stock Equity Interests of any Subsidiary that is not an Excluded Subsidiary.

Appears in 2 contracts

Sources: Second Amendment (CBIZ, Inc.), Credit Agreement (CBIZ, Inc.)