Common use of Joinder of Subsidiaries Clause in Contracts

Joinder of Subsidiaries. Without limiting the generality of the provisions of Section 11.28, at any time that the Borrower or any Subsidiary thereof forms or acquires any new Subsidiary (a “New Subsidiary”), which formation or acquisition shall be effected only if no Default or Event of Default has occurred or would be caused thereby and only if such new subsidiary would be a direct or indirect wholly-owned Subsidiary of the Borrower,

Joinder of Subsidiaries. Without limiting the generality of the provisions of Section 11.289.28, at any time that the any Borrower or any Subsidiary thereof of its Foreign Subsidiaries forms or acquires any new Subsidiary (a “New Subsidiary”), which formation or acquisition shall be effected only if no Default or Event of Default has occurred and is continuing, or would be caused thereby and only if thereby, then the Borrowers shall, at the time of such new subsidiary would be a direct formation or indirect wholly-owned Subsidiary of acquisition, deliver to the Borrower,Agent:

Joinder of Subsidiaries. Without limiting the generality of the provisions of Section 11.28, at any time that the Borrower or any Subsidiary thereof forms or acquires any new Subsidiary (a “"New Subsidiary”"), which formation or acquisition shall be effected only if no Default or Event of Default has occurred or would be caused thereby and only if such new subsidiary would be a direct or indirect wholly-owned Subsidiary of the Borrower,