Consolidated Business Entity. The Borrower and its 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.
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Samples: Credit Agreement (Callon Petroleum Co), Credit Agreement (Pc Service Source Inc)
Consolidated Business Entity. The Borrower and its 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
Samples: Credit Agreement (Power One 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.
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Consolidated Business Entity. The Borrower and its 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 activitiesactivities and their respective financial resources.
Appears in 1 contract