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)
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
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.
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