Common use of Formation of Subsidiaries Clause in Contracts

Formation of Subsidiaries. Organize or invest invest, or permit any Subsidiary to organize or invest, in any new Subsidiary.

Appears in 7 contracts

Sources: Second Lien Credit Agreement (U S Energy Systems Inc), First Lien Credit Agreement (U S Energy Systems Inc), Credit Agreement (General Maritime Corp)

Formation of Subsidiaries. Organize Form any new Subsidiary or invest in or acquire any new Subsidiary.

Appears in 5 contracts

Sources: Master Investment and Credit Agreement, Credit Agreement, Credit Agreement

Formation of Subsidiaries. Organize Acquire, organize, or invest in form any new Subsidiary.

Appears in 1 contract

Sources: Debtor in Possession Credit Agreement (General Moly, Inc)