Common use of Permitted Subsidiaries Clause in Contracts

Permitted Subsidiaries. Each Qualifying Asset held by any such Permitted Subsidiary shall be deemed to constitute a Collateral Asset or Equity Security, as applicable, for all purposes of this Agreement and each reference to Collateral, Collateral Assets and Equity Securities herein shall be construed accordingly.

Appears in 2 contracts

Sources: Credit Agreement (HPS Corporate Lending Fund), Credit Agreement (HPS Corporate Lending Fund)