Common use of Holding Company Status Clause in Contracts

Holding Company Status. US Ben Xxxxxxx Holdco does not (x) have any material liabilities other than intercompany Funded Debt permitted hereunder or (y) own any material assets or engage in any material activity or business other than its ownership of the Equity Interests of Oxford Industries (UK 1) and the intercompany Funded Debt permitted hereunder that is owed to it.

Appears in 4 contracts

Samples: Credit Agreement (Oxford Industries Inc), Credit Agreement (Oxford Industries Inc), Credit Agreement (Oxford Industries Inc)

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Holding Company Status. US Ben Xxxxxxx Holdco does not (x) have any material liabilities other than intercompany Funded Debt Indebtedness permitted hereunder or (y) own any material assets or engage in any material activity or business other than its ownership of the Equity Interests of Oxford Industries (UK 1) and the intercompany Funded Debt Indebtedness permitted hereunder that is owed to it.

Appears in 1 contract

Samples: Credit Agreement (Oxford Industries Inc)

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