Inactive Subsidiary. The Borrower shall not permit Penford Export Corporation to engage in any operations, conduct any business or own any assets having an aggregate value in excess of $50,000.
Appears in 4 contracts
Samples: Credit Agreement (Penford Corp), Credit Agreement (Penford Corp), Credit Agreement (Penford Corp)
Inactive Subsidiary. The Borrower shall not permit Penford Export Corporation to engage in any operations, conduct any business or own any assets having an aggregate value in excess of $50,00057,500.
Appears in 1 contract
Samples: Delayed Draw Term Loan Credit Agreement (Penford Corp)
