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. (b) The Unrestricted Subsidiaries do not have, nor are they anticipated to have, any assets or revenues other than the assets disclosed on Schedule 4.24 as being owned by them and the revenues arising therefrom. The Unrestricted Subsid- iaries do not currently conduct, nor are they anticipated to begin to conduct, any business other than the businesses dis- closed on Schedule 4.24 as being conducted by them.

Appears in 3 contracts

Samples: Secured Agreement (Apollo Real Estate Investment Fund Ii L P), Secured Agreement (Apollo Real Estate Advisors Ii L P), Secured Agreement (Ap-Agc LLC)

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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. (b) The Unrestricted Subsidiaries do not have, nor are they anticipated to have, any assets or revenues other than the assets disclosed on Schedule 4.24 as being owned by them and the revenues arising therefrom. The Unrestricted Subsid- iaries Subsidiaries do not currently conduct, nor are they anticipated to begin to conduct, any business other than the businesses dis- closed disclosed on Schedule 4.24 as being conducted by them.

Appears in 2 contracts

Samples: Secured Floating Rate Note Agreement (Atlantic Gulf Communities Corp), Secured Note Agreement (Atlantic Gulf Communities Corp)

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. (b) 2. The Unrestricted Subsidiaries do not have, nor are they anticipated to have, any assets asset or revenues other than the assets disclosed on Part A of Schedule 4.24 as being owned by them and the revenues arising therefrom. The Unrestricted Subsid- iaries Subsidiaries do not currently conduct, nor are they anticipated to begin to conduct, any business other than the businesses dis- closed disclosed on Part A of Schedule 4.24 as being conducted by them.

Appears in 1 contract

Samples: Revolving Loan Agreement (Atlantic Gulf Communities Corp)

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. (b) The Unrestricted Subsidiaries do not have, nor are they anticipated to have, any assets asset or revenues other than the assets disclosed on Schedule 4.24 as being owned by them and the revenues arising therefrom. The Unrestricted Subsid- iaries Subsidiaries do not currently conduct, nor are they anticipated to begin to conduct, any business other than the businesses dis- closed disclosed on Schedule 4.24 as being conducted by them.

Appears in 1 contract

Samples: Revolving Loan Agreement (Atlantic Gulf Communities Corp)

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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. (b) The Unrestricted Subsidiaries do not have, nor are they anticipated to have, any assets asset or revenues other than the assets disclosed on Part A of Schedule 4.24 as being owned by them and the revenues arising therefrom. The Unrestricted Subsid- iaries Subsidiaries do not currently conduct, nor are they anticipated to begin to conduct, any business other than the businesses dis- closed disclosed on Part A of Schedule 4.24 as being conducted by them.

Appears in 1 contract

Samples: Term Loan Agreement (Atlantic Gulf Communities Corp)

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. (b) The Unrestricted Subsidiaries do not have, nor are they anticipated to have, any assets or revenues other than the assets disclosed on Schedule SCHEDULE 4.24 as being owned by them and the revenues arising therefrom. The Unrestricted Subsid- iaries Subsidiaries do not currently conduct, nor are they anticipated to begin to conduct, any business other than the businesses dis- closed disclosed on Schedule SCHEDULE 4.24 as being conducted by them.

Appears in 1 contract

Samples: Secured Agreement (Atlantic Gulf Communities Corp)

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