Borrowing Subsidiaries. The Company will not cease to own, directly or indirectly, and Control 100% (other than directors' qualifying shares) of the ordinary voting power of any Borrowing Subsidiary.
Appears in 3 contracts
Samples: Credit Agreement (Fort James Corp), Credit Agreement (Photronics Inc), Credit Agreement (Fort Howard Corp)
Borrowing Subsidiaries. The Company will not cease to own, directly or indirectly, and Control 100% (other than directors' β qualifying shares) of the ordinary voting power Capital Stock of any Borrowing Subsidiary.
Appears in 2 contracts
Samples: Credit Agreement (Crane Co /De/), Credit Agreement (Crane Co /De/)
Borrowing Subsidiaries. The Company will not cease to own, directly own or indirectly, and Control 100at least 80% (other than directors' qualifying shares) of the ordinary voting power of any Borrowing Subsidiary.
Appears in 1 contract