Common use of Operating Subsidiary Clause in Contracts

Operating Subsidiary. Operations and each other Subsidiary of the Borrower -------------------- that is engaged in the business of building out and operating one or more BTAs on behalf of one or more License Subsidiaries.

Appears in 3 contracts

Sources: Loan Agreement (Omnipoint Corp \De\), Loan Agreement (Omnipoint Corp \De\), Loan Agreement (Omnipoint Corp \De\)

Operating Subsidiary. Operations and each other Subsidiary of the -------------------- Borrower -------------------- that is engaged in the business of building out and operating one or more BTAs on behalf of one or more License Subsidiaries.

Appears in 2 contracts

Sources: Loan Agreement (Omnipoint Corp \De\), Loan Agreement (Omnipoint Corp \De\)

Operating Subsidiary. Operations Enterprises and each any other Restricted Subsidiary of the Borrower -------------------- that is engaged in the business of building out and operating one or more BTAs on behalf of one or more License Subsidiaries.

Appears in 1 contract

Sources: Loan Agreement (Omnipoint Corp \De\)