Principal Subsidiaries Sample Clauses

Principal Subsidiaries. Permit the combined EBITDAX of the Borrower and the Principal Subsidiaries to be less than 80% of the consolidated EBITDAX of the Borrower and its Subsidiaries as shown on the most recent consolidated income statement required to be delivered to the Banks pursuant to Section 5.01(b).
Principal Subsidiaries. Set forth on Schedule II are all of the Principal Subsidiaries as of the date hereof.
Principal Subsidiaries. The Agent is hereby authorized to release ---------------------- any Principal Subsidiary from the Subsidiary Guaranty (Multi-Year Revolving Credit Facility) in connection with any disposition or merger of such Principal Subsidiary permitted hereunder.
Principal Subsidiaries. 72 ARTICLE 12 MISCELLANEOUS....................................................... 72
Principal Subsidiaries. The Company shall supply to the Agent with each set of financial statements delivered by it pursuant to paragraph (a)(ii) or (a)(v) of Clause 20.1 (Financial statements) or, within 14 days after any request made by the Agent (acting reasonably), a certificate signed on its behalf by a director of the Company: (a) listing the Principal Subsidiaries as at the end of the Relevant Period (or, as at the date specified in the Agent’s request, which date must be not less than 15 nor more than 45 days before the date of the request and which must be at the end of a month); and (b) setting out in reasonable detail and in a form satisfactory to the Agent the computations necessary to justify the inclusions in, and exclusions from, that list.
Principal Subsidiaries. 32 6.16 Year 2000........................................................................................ 32
Principal Subsidiaries. Schedule II to the Credit Agreement is hereby replaced in its entirety by the Schedule II attached hereto.
Principal Subsidiaries. (a) Fail to own, directly or indirectly, all of the outstanding shares of common stock of each of the Principal Subsidiaries or (b) create, incur, assume or suffer to exist any Lien upon any shares of common stock of any Principal Subsidiary owned by the Company or any of its Subsidiaries except Liens of the nature referred to in clauses (a), (f), (j) and (k) of subsection 7.2.
Principal Subsidiaries. With each set of accounts delivered by it under Clause 20.2 (Audited Accounts) (and within 14 days after any written request made by the Agent from time to time), the Company will deliver to the Agent: (a) a certificate listing the Principal Subsidiaries as at the end of the relevant financial year (or, as the case may be, as at the date specified in the Agent's request); (b) a certificate setting out in reasonable detail the computations necessary to justify the inclusions in, and exclusions from, that list; and (c) a revised structure chart of the Group showing changes (if any) initially to the document delivered, pursuant to paragraph 3(e) of Schedule 2 (Conditions precedent) to the Amendment Agreement and, subsequently, to the structure chart last delivered under this Clause 20.8.
Principal Subsidiaries. Set forth on Schedule III is a complete and accurate list of all Principal Subsidiaries existing on September 30, 1996, showing the jurisdiction of its incorporation, and the percentage of its outstanding capital stock owned by the Company on the date hereof. All stock of each Principal Subsidiary has been validly issued, is fully paid and nonassessable and (except for directors' qualifying shares) is owned, directly or indirectly, by the Company free and clear of all Liens not permitted under Section 5.02 hereof.