BORROWERS AND GUARANTORS. At all times the Parent will maintain (directly or indirectly), beneficially and of record, 100% of the voting control of, and 100% of the equity in, each Borrower and each Guarantor (other than the Parent), in each case subject to director qualifying shares or similar legal requirements.
Appears in 2 contracts
Samples: Credit Agreement (Tiffany & Co), Tiffany Credit Agreement (Tiffany & Co)
BORROWERS AND GUARANTORS. At all times the Parent will maintain (directly or indirectly), beneficially and of record, 100% of the voting control of, and 100% of the equity in, each Borrower which is a Core Currency Borrower and each Guarantor (other than the Parent), in each case subject to director qualifying shares or similar legal requirements.
Appears in 2 contracts
Samples: Year Credit Agreement (Tiffany & Co), Year Credit Agreement (Tiffany & Co)