Common use of New Subsidiaries Clause in Contracts

New Subsidiaries. The Borrower shall not, directly or indirectly, organize or acquire any Subsidiary other than those listed on Schedule 8.5.

Appears in 10 contracts

Sources: Loan Agreement (Nicholas Financial Inc), Loan Agreement (Nicholas Financial Inc), Loan Agreement (Nicholas Financial Inc)

New Subsidiaries. The Borrower shall not, directly or indirectly, organize organize, create, acquire or acquire permit to exist any Subsidiary other than those listed on Schedule 8.5.

Appears in 6 contracts

Sources: Loan and Security Agreement (Mercury Finance Co), Loan Agreement (United States Leather Inc /Wi/), Loan and Security Agreement (Centrum Industries Inc)

New Subsidiaries. The Borrower shall not, directly or indirectly, organize organize, create, acquire or acquire permit to exist any Subsidiary other than those listed on Schedule 8.56.5 and any Person acquired pursuant to a Permitted Acquisition.

Appears in 4 contracts

Sources: Credit Agreement (Omnova Solutions Inc), Credit Agreement (Omnova Solutions Inc), Credit Agreement (Omnova Solutions Inc)

New Subsidiaries. The No Borrower shall notshall, directly or indirectly, organize organize, create, acquire or acquire permit to exist any Subsidiary other than those listed on Schedule 8.5.

Appears in 2 contracts

Sources: Loan and Security Agreement (Southern Energy Homes Inc), Loan and Security Agreement (Eftc Corp/)

New Subsidiaries. The No Borrower shall notshall, directly or indirectly, organize organize, create, acquire or acquire permit to exist any Subsidiary other than those listed on Schedule 8.56.5.

Appears in 2 contracts

Sources: Credit Agreement (Miller Industries Inc /Tn/), Credit Agreement (Maxxam Inc)

New Subsidiaries. The Borrower shall not, directly or indirectly, organize or acquire any Subsidiary other than those listed on Schedule 8.510.17.

Appears in 1 contract

Sources: Loan and Security Agreement (Great Train Store Co)

New Subsidiaries. The Such Borrower shall not, directly or indirectly, organize organize, create, acquire or acquire permit to exist any Subsidiary other than those listed on Schedule 8.57.5.

Appears in 1 contract

Sources: Loan and Security Agreement (Laclede Steel Co /De/)

New Subsidiaries. The Borrower Other than with the written consent of the Lender, the Borrowers shall not, directly or indirectly, organize or acquire any Subsidiary other than those listed on Schedule 8.59.5.

Appears in 1 contract

Sources: Loan and Security Agreement (California Microwave Inc)

New Subsidiaries. The No Borrower shall notshall, directly or indirectly, organize organize, create, acquire, or acquire permit to exist any Subsidiary other than those listed on Schedule 8.58.4.

Appears in 1 contract

Sources: Loan and Security Agreement (Trump Atlantic City Funding Ii Inc)

New Subsidiaries. The Borrower shall not, directly or indirectly, organize ---------------- organize, create, acquire, or acquire permit to exist any Subsidiary other than those listed on Schedule 8.56.3.

Appears in 1 contract

Sources: Credit Agreement (Coorstek Inc)

New Subsidiaries. The Such Borrower shall not, directly or indirectly, organize organize, create, acquire or acquire permit to exist any Subsidiary other than those listed on Schedule 8.5.

Appears in 1 contract

Sources: Loan and Security Agreement (Strategic Distribution Inc)

New Subsidiaries. The Borrower shall not, directly or indirectly, organize or acquire any Subsidiary other than those listed on Schedule 8.510.18.

Appears in 1 contract

Sources: Loan and Security Agreement (Intellicell Corp)

New Subsidiaries. The Borrower shall not, directly or indirectly, organize organize, create, acquire, or acquire permit to exist any Subsidiary other than those listed on Schedule 8.56.5.

Appears in 1 contract

Sources: Credit Agreement (Alon USA Energy, Inc.)