Common use of Holding Company Status Clause in Contracts

Holding Company Status. The Parent Guarantor will not engage in any business, activity or transaction or own any interest (fee, leasehold or otherwise) in any real property, or incur, assume, or suffer to exist any Indebtedness other than: (1) the ownership of debt or Equity Interests in the Company; (2) maintaining its corporate existence; (3) participating in tax, accounting and other administrative activities as the parent of a consolidated group of companies, including the Company; (4) making distributions to holders of its debt or Equity Interests or contributions to the Company or any Subsidiary of the Company; (5) the performance of its obligations under the Exchange Agreement and similar agreements; (6) issuing a Guarantee in respect of, or otherwise becoming liable with respect to, Indebtedness incurred by Clearway Energy, Inc., the Company or any Subsidiary of the Company and the execution and delivery of any agreements related to the foregoing, including credit agreements, indentures, security agreements, and notes; (7) issuing equity securities and/or issuing or incurring Indebtedness, including to finance acquisitions; and (8) activities incidental to the businesses or activities described in clauses (1) through (7) above.

Appears in 4 contracts

Samples: Indenture (Clearway Energy, Inc.), Indenture (Clearway Energy LLC), Indenture (Clearway Energy, Inc.)

AutoNDA by SimpleDocs

Holding Company Status. The Parent Guarantor will not engage in any business, activity or transaction or own any interest (fee, leasehold or otherwise) in any real property, or incur, assume, or suffer to exist any Indebtedness other than: (1) the ownership of debt or Equity Interests in the Company; (2) maintaining its corporate existence; (3) participating in tax, accounting and other administrative activities as the parent of a consolidated group of companies, including the Company; (4) making distributions to holders of its debt or Equity Interests or contributions to the Company or any Subsidiary of the Company; (5) the performance of its obligations under the Exchange Agreement and similar agreements; (6) issuing a Guarantee in respect of, or otherwise becoming liable with respect to, Indebtedness incurred by Clearway EnergyNRG Yield, Inc., the Company or any Subsidiary of the Company and the execution and delivery of any agreements related to the foregoing, including credit agreements, indentures, security agreements, notes and notesregistration rights agreements; (7) issuing equity securities and/or issuing or incurring Indebtedness, including to finance acquisitions; and (8) activities incidental to the businesses or activities described in clauses (1) through (7) above.

Appears in 2 contracts

Samples: Indenture (NRG Yield, Inc.), Indenture (NRG Yield, Inc.)

Holding Company Status. The Parent Guarantor will not engage in any business, activity or transaction or own any interest (fee, leasehold or otherwise) in any real property, or incur, assume, or suffer to exist any Indebtedness other than: (1) the ownership of debt or Equity Interests in the Company; (2) maintaining its corporate existence; (3) participating in tax, accounting and other administrative activities as the parent of a consolidated group of companies, including the Company; (4) making distributions to holders of its debt or Equity Interests or contributions to the Company or any Subsidiary of the Company; (5) the performance of its obligations under the Exchange Agreement and similar agreements; (6) issuing a Guarantee in respect of, or otherwise becoming liable with respect to, Indebtedness incurred by Clearway Energy, Inc., the Company or any Subsidiary of the Company and the execution and delivery of any agreements related to the foregoing, including credit agreements, indentures, security agreements, notes and notesregistration rights agreements; (7) issuing equity securities and/or issuing or incurring Indebtedness, including to finance acquisitions; and (8) activities incidental to the businesses or activities described in clauses (1) through (7) above.

Appears in 1 contract

Samples: Indenture (Clearway Energy, Inc.)

AutoNDA by SimpleDocs

Holding Company Status. The Parent Guarantor will not engage in any business, activity or transaction or own any interest (fee, leasehold or otherwise) in any real property, or incur, assume, or suffer to exist any Indebtedness other than: (1) the ownership of debt or Equity Interests in the Company; (2) maintaining its corporate existence; (3) participating in tax, accounting and other administrative activities as the parent of a consolidated group of companies, including the Company; (4) making distributions to holders of its debt or Equity Interests or contributions to the Company or any Subsidiary of the Company; (5) the performance of its obligations under the Exchange Agreement and similar agreements; (6) issuing a Guarantee in respect of, or otherwise becoming liable with respect to, Indebtedness incurred by Clearway Energy, Inc., the Company or any Subsidiary of the Company and the execution and delivery of any agreements related to the foregoing, including credit agreements, indentures, security agreements, and notes; (7) issuing equity securities and/or issuing or incurring Indebtedness, including to finance acquisitions; and (8) activities incidental to the businesses or activities described in clauses (1) through (7) above.

Appears in 1 contract

Samples: Indenture (Clearway Energy, Inc.)

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