Common use of Certain Obligations Respecting Subsidiaries Clause in Contracts

Certain Obligations Respecting Subsidiaries. (a) The Borrower will, and will cause each of its Subsidiaries to, take such action from time to time as shall be necessary to ensure that each of its Subsidiaries is a Wholly Owned Subsidiary.

Appears in 2 contracts

Samples: Credit Agreement (Cornell Companies Inc), Credit Agreement (Cornell Companies Inc)

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Certain Obligations Respecting Subsidiaries. (a) The Wholly Owned Subsidiaries. Subject to paragraph (b) below, the ------------------------- Borrower will, and will cause each of its Subsidiaries to, take such action from time to time as shall be necessary to ensure that each of its Consolidated Subsidiaries is a Wholly Owned Subsidiary.

Appears in 2 contracts

Samples: Credit Agreement (Hearst Argyle Television Inc), Hearst Argyle Television Inc

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Certain Obligations Respecting Subsidiaries. (ai) The Borrower will, and will cause each of its Subsidiaries to, take such action from time to time as shall be necessary to ensure that each of its Subsidiaries is a Wholly Owned Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Puerto Rico Telephone Co Inc)

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