Common use of Foreign Subsidiaries Clause in Contracts

Foreign Subsidiaries. No Credit Party will, nor will it permit its Subsidiaries to, permit the aggregate amount of assets owned by the Foreign Subsidiaries, at any one time, to constitute more than twenty percent (20%) of Total Assets.

Foreign Subsidiaries. No Credit Party will, nor will it permit its Subsidiaries to, permit the aggregate amount of assets owned by the Foreign Subsidiaries, at any one time, to constitute more than twenty fifteen percent (2015%) of Total Assets.