Common use of Formation of Subsidiaries Clause in Contracts

Formation of Subsidiaries. Borrower shall not form, create, organize, incorporate or acquire any Subsidiaries.

Appears in 21 contracts

Sources: Margin Loan Agreement (Cannae Holdings, Inc.), Margin Loan Agreement (Star Holdings), Margin Loan Agreement (Endeavor Group Holdings, Inc.)

Formation of Subsidiaries. Borrower Borrowers shall not form, create, organize, incorporate or acquire any Subsidiaries.

Appears in 3 contracts

Sources: Margin Loan Agreement (Cannae Holdings, Inc.), Margin Loan Agreement (Cannae Holdings, Inc.), Margin Loan Agreement (Cannae Holdings, Inc.)

Formation of Subsidiaries. Borrower shall not not, directly or indirectly, form, create, organize, incorporate or acquire any Subsidiaries.

Appears in 2 contracts

Sources: Loan Agreement (Golar LNG LTD), Loan Agreement (Golar LNG LTD)

Formation of Subsidiaries. The Borrower shall not form, create, organize, incorporate or acquire any Subsidiaries.

Appears in 1 contract

Sources: Loan Agreement (MHR Fund Management LLC)

Formation of Subsidiaries. Borrower shall not form, create, organize, incorporate or acquire form any Subsidiaries.

Appears in 1 contract

Sources: Credit and Security Agreement (Ares Commercial Real Estate Corp)