Financing Subsidiaries Sample Clauses
Financing Subsidiaries. (a) Any Structured Subsidiary complies with each of the conditions set forth in clause (a) or (b) in the definition of “Structured Subsidiary”, as applicable.
(b) Any SBIC Subsidiary complies with each of the conditions set forth in the definition of “SBIC Subsidiary.”
(c) As of the Restatement Effective Date, the Borrower has no Financing Subsidiaries.
Financing Subsidiaries. The Borrower will cause proceeds of investments owned by Financing Subsidiaries to repay Indebtedness of such Financing Subsidiaries to the extent required by the terms thereof, and will cause any surplus proceeds, to the extent permitted by the terms thereof, to be distributed to the Borrower promptly.
Financing Subsidiaries. (a) Any Structured Subsidiary complies with each of the conditions set forth in the definition of “Structured Subsidiary”.
(b) Any SBIC Subsidiary complies with each of the conditions set forth in the definition of “SBIC Subsidiary.”
Financing Subsidiaries. (a) Any Structured Subsidiary complies with each of the conditions set forth in clause (a) or (b) in the definition of “Structured Subsidiary”, as applicable.
(b) Any SBIC Subsidiary complies with each of the conditions set forth in the definition of “SBIC Subsidiary.”
(c) As of the Restatement Effective Date, other than (i) FSMP IV GP, LLC, (ii) Fifth Street Mezzanine Partners IV, L.P., (iii) FSMP V GP, LLC and (iv) Fifth Street Mezzanine Partners V, L.P., the Borrower has no Financing Subsidiaries.
Financing Subsidiaries. (a) Any Structured Subsidiary complies with each of the conditions set forth in clause (a) or (b) in the definition of “Structured Subsidiary”, as applicable.
Financing Subsidiaries. In the event that the Borrower designates any direct or indirect Subsidiary as a “Financing Subsidiary,” such designation shall be effected pursuant to a certificate of a Financial Officer delivered to the Administrative Agent, which certificate shall include a statement to the effect that, to the best of such officer’s knowledge, such designation complies with the conditions set forth in clauses (a) or (b) of the definition of Financing Subsidiary set forth in Section 1.01. For the avoidance of doubt, in the case of clause (a) of the definition of Financing Subsidiary set forth in Section 1.01, compliance with Section 6.03(d) shall be determined after giving effect to any such designation.
Financing Subsidiaries. The Borrower will not, nor will it permit any of its Subsidiaries to, create any new Financing Subsidiaries from and after the Third Restatement Effective Date.
Financing Subsidiaries. Notwithstanding anything to the contrary set forth herein, the Borrower will not, directly or indirectly, create or maintain any Financing Subsidiary without the prior written consent of each Lender and the Administrative Agent, each in its sole discretion.
Financing Subsidiaries. The Borrower will not, nor will it permit any of its Subsidiaries to, create any new Financing Subsidiaries from and after the Amendment No. 5 Effective Date.
Financing Subsidiaries. Notwithstanding anything to the contrary contained herein, the Borrower will not, nor will it permit any of its Subsidiaries to, form, create, acquire, hold or otherwise permit to exist any Financing Subsidiary.