Common use of EXCLUDED SUBSIDIARIES; UNRESTRICTED SUBSIDIARIES Clause in Contracts

EXCLUDED SUBSIDIARIES; UNRESTRICTED SUBSIDIARIES. (a) The Excluded Subsidiaries do not have, nor are they anticipated to have, any assets or revenues. The Excluded Subsidiaries do not currently conduct, nor are they anticipated to begin to conduct, any business.

Appears in 8 contracts

Samples: Secured Agreement (Ap-Agc LLC), Note Agreement (Atlantic Gulf Communities Corp), Secured Agreement (Atlantic Gulf Communities Corp)

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EXCLUDED SUBSIDIARIES; UNRESTRICTED SUBSIDIARIES. (a1) The Excluded Subsidiaries do not have, nor are they anticipated to have, any assets or revenues. The Excluded Subsidiaries do not currently conduct, nor are they anticipated to begin to conduct, any business.

Appears in 1 contract

Samples: Revolving Loan Agreement (Atlantic Gulf Communities Corp)

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EXCLUDED SUBSIDIARIES; UNRESTRICTED SUBSIDIARIES. (a) 1. The Excluded Subsidiaries do not have, nor are they anticipated to have, any assets or revenues. The Excluded Subsidiaries do not currently conduct, nor are they anticipated to begin to conduct, any business.

Appears in 1 contract

Samples: Revolving Loan Agreement (Atlantic Gulf Communities Corp)

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