Inactive Subsidiaries. The Inactive Subsidiaries do not own any material assets and do not engage in any business activity whatsoever.
Appears in 5 contracts
Samples: Loan and Security Agreement (Acme Communications Inc), Loan and Security Agreement (Acme Communications Inc), Loan and Security Agreement (Big Dog Holdings Inc)
Inactive Subsidiaries. The Inactive Subsidiaries do not own any material assets and do not engage in any business significant activity whatsoeveror business, have any significant liabilities, or own any significant assets.
Appears in 2 contracts
Samples: Loan and Security Agreement (Usci Inc), Loan and Security Agreement (Usci Inc)
Inactive Subsidiaries. The Inactive Subsidiaries do not own any material assets and do not engage in any business activity whatsoever.
Appears in 1 contract
Samples: Loan and Security Agreement (Acme Communications Inc)
Inactive Subsidiaries. The Inactive Subsidiaries currently do not conduct any business and do not own any material assets and do not engage in any business activity whatsoeverassets.
Appears in 1 contract
Inactive Subsidiaries. The Each of the Inactive Subsidiaries do is inactive and does not own any material assets and do not engage in conduct any business activity whatsoeveroperations and has no material assets.
Appears in 1 contract
Inactive Subsidiaries. The Inactive Subsidiaries do not own any material assets and do not engage in any material business activity whatsoeveractivity.
Appears in 1 contract
