Canadian Subsidiaries. Borrowers shall not conduct or allow business operations to be conducted in its 2 Canadian subsidiaries, Vetinsurance Holding Company, ULC and Vetinsurance, Ltd. Neither Vetinsurance Holding Company, ULC nor Vetinsurance, Ltd. shall hold more than $50,000 in current assets.
Appears in 3 contracts
Samples: Credit Agreement (Trupanion Inc.), Credit Agreement (Trupanion Inc.), Credit Agreement (Trupanion Inc.)
Canadian Subsidiaries. Borrowers Borrower shall not conduct or allow no business operations to be conducted in its 2 Canadian subsidiaries, subsidiaries Vetinsurance Holding Company, ULC (Canada) and Vetinsurance, Vetinsurance Ltd. (Canada). Neither Vetinsurance Holding Company, ULC (Canada) nor Vetinsurance, Vetinsurance Ltd. (Canada) shall hold more than $50,000 in current assets.
Appears in 3 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement (Trupanion Inc.), Loan and Security Agreement (Trupanion Inc.)