Common use of Dormant Subsidiaries Clause in Contracts

Dormant Subsidiaries. No Obligor shall (and the Borrower shall ensure no other Group Company will) cause or permit any Dormant Subsidiary that is:

Appears in 2 contracts

Samples: Intercreditor Agreement (CorpAcq Group PLC), Intercreditor Agreement (CorpAcq Group PLC)

AutoNDA by SimpleDocs

Dormant Subsidiaries. No Obligor shall (and the Borrower Issuer shall ensure no other Group Company will) cause or permit any Dormant Subsidiary that is:

Appears in 2 contracts

Samples: Intercreditor Agreement (CorpAcq Group PLC), Intercreditor Agreement (CorpAcq Group PLC)

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