Common use of Certain Intercompany Matters Clause in Contracts

Certain Intercompany Matters. Fail to (i) satisfy customary ---------------------------- formalities with respect to organizational separateness, including, without limitation, (x) the maintenance of separate books and records and (y) the maintenance of separate bank accounts in its own name; (ii) act solely in its own name and through its authorized officers and agents; (iii) commingle any money or other assets of JIC or any Unrestricted Subsidiary with any money or other assets of the Borrower or any of the Restricted Subsidiaries; or (iv) take any action, or conduct its affairs in a manner, which could reasonably be expected to result in the separate organizational existence of JIC, each Unrestricted Subsidiary, the Borrower and the Restricted Subsidiaries being ignored under any circumstance.

Appears in 2 contracts

Samples: Credit Agreement (Cable Tv Fund 12-C LTD), Credit Agreement (Jones Intercable Inc)

AutoNDA by SimpleDocs

Certain Intercompany Matters. Fail to (i) satisfy customary ---------------------------- formalities with respect to organizational separateness, including, without limitation, (x) the maintenance of separate books and records and (y) the maintenance of separate bank accounts in its own name; (ii) act solely in its own name and through its authorized officers and agents; , (iii) commingle any money or other assets of JIC or any Unrestricted Subsidiary with any money or other assets of the Borrower or any of the Restricted Subsidiaries; or (iv) take any action, or conduct its affairs in a manner, which could reasonably be expected to result in the separate organizational existence of JICthe Borrower, each Unrestricted Subsidiary, the Borrower Subsidiary and the Restricted Subsidiaries being ignored under any circumstance.

Appears in 2 contracts

Samples: Credit Agreement (Radio One Inc), Credit Agreement (Radio One Inc)

Certain Intercompany Matters. Fail to (i) satisfy customary ---------------------------- formalities with respect to organizational separateness, including, without limitation, (x) the maintenance of separate books and records and (y) the maintenance of separate bank accounts in its own name; (ii) act solely in its own name and through its authorized officers and agents; (iii) commingle any money or other assets of JIC the Parent or any Unrestricted Subsidiary with any money or other assets of the Borrower or any of the Restricted Subsidiaries; or (iv) take any action, or conduct its affairs in a manner, which could reasonably be expected to result in the separate organizational existence of JICthe Parent, each Unrestricted Subsidiary, the Borrower and the Restricted Subsidiaries being ignored under any circumstance.. 8.12

Appears in 1 contract

Samples: Credit Agreement (Jones Intercable Inc)

AutoNDA by SimpleDocs

Certain Intercompany Matters. Fail to (i) Fail to satisfy customary ---------------------------- formalities with respect to organizational separateness, including, without limitation, (x) the maintenance of separate books and records and (y) the maintenance of separate bank accounts in its own name; (ii) fail to act solely in its own name and through its authorized officers and agents; , (iii) commingle any money or other assets of JIC or any Unrestricted Subsidiary with any money or other assets of the Borrower or any of the Restricted Subsidiaries; or (iv) take any action, or conduct its affairs in a manner, which could reasonably be expected to result in the separate organizational existence of JICthe Borrower, each Unrestricted Subsidiary, the Borrower Subsidiary and the Restricted Subsidiaries being ignored under any circumstance.

Appears in 1 contract

Samples: Credit Agreement (Radio One Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!