Holding Covenant. Holdings shall not have any direct Subsidiary other than the Initial Borrower.
Holding Covenant Sample Clauses
Related to Holding Covenant
Continuing Covenants The Competitive Supplier agrees and covenants to perform each of the following obligations during the term of this ESA.
REPORTING COVENANTS The Borrower agrees with the Lenders, the Issuers and the Administrative Agent to each of the following, as long as any Obligation or any Revolving Credit Commitment remains outstanding and, in each case, unless the Requisite Lenders otherwise consent in writing:
Certain Financial Covenants The Borrower will not:
