Immaterial Subsidiary. Any Subsidiary of the Borrower which does not --------------------- conduct any substantial revenue producing business and has assets with an aggregate value of less than $1,000,000, provided that the assets of all -------- Immaterial Subsidiaries shall not exceed $5,000,000 in the aggregate and no Subsidiary which is, or is required to be a guarantor under the Senior Notes Indenture shall constitute an Immaterial Subsidiary.
Appears in 3 contracts
Sources: Revolving Credit and Term Loan Agreement (Petro Stopping Centers L P), Revolving Credit and Term Loan Agreement (Petro Stopping Centers Holdings Lp), Revolving Credit and Term Loan Agreement (Petro Stopping Centers L P)