Consolidated Business Entity. The Borrower and its Material Subsidiaries ---------------------------- are operated as a part of one consolidated business entity and are directly or indirectly dependent upon each other for and in connection with their respective business activities.
Appears in 2 contracts
Samples: Credit Agreement (Compucom Systems Inc), Credit Agreement (Safeguard Scientifics Inc Et Al)
Consolidated Business Entity. The Borrower and its Material Subsidiaries ---------------------------- are operated as a part of one consolidated business entity and are directly or indirectly dependent upon each other for and in connection with their respective business activities.
Appears in 2 contracts
Samples: Credit Agreement (Callon Petroleum Co), Credit Agreement (Pc Service Source Inc)
Consolidated Business Entity. The Borrower and its Material ---------------------------- Subsidiaries ---------------------------- are operated as a part of one consolidated business entity and are directly or indirectly dependent upon each other for and in connection with their respective business activities.
Appears in 1 contract