Borrower’s Status as a Holding Company. Borrower does not own any assets other than the Equity Interests in the Loan Parties and does not conduct, transact or engage in any business or operations other than those incidental to its direct ownership of the Loan Parties.
Appears in 4 contracts
Samples: Credit Agreement (Nuvera Communications, Inc.), Credit Agreement (Nuvera Communications, Inc.), Credit Agreement (Otelco Inc.)
Borrower’s Status as a Holding Company. Borrower does not own any assets other than the Equity Interests in the Loan Parties of its direct and indirect Subsidiaries and does not conduct, transact or engage in any business or operations other than those incidental to its direct ownership of the Loan Partiessuch direct and indirect Subsidiaries.
Appears in 3 contracts
Samples: Credit Agreement (Shenandoah Telecommunications Co/Va/), Credit Agreement (Shenandoah Telecommunications Co/Va/), Credit Agreement (Shenandoah Telecommunications Co/Va/)
