Maintenance of Ownership. Debtor shall at all times maintain ownership of the percentages of issued and outstanding capital stock of each Consolidated Subsidiary set forth in Exhibit B and notify Secured Party in writing prior to the incorporation of any new Consolidated Subsidiary.
Appears in 3 contracts
Samples: Loan and Security Agreement (Napco Security Systems Inc), Loan and Security Agreement (Napco Security Systems Inc), Loan and Security Agreement (Napco Security Systems Inc)
Maintenance of Ownership. Debtor shall at all times maintain ownership of the percentages of issued and outstanding capital stock equity interests of each Consolidated Subsidiary set forth in Exhibit B Item 33 of the Schedule and notify Secured Party in writing prior to the incorporation formation of any new Consolidated Subsidiary.
Appears in 3 contracts
Samples: Loan and Security Agreement (FFP Partners L P), Loan and Security Agreement (FFP Marketing Co Inc), Loan and Security Agreement (FFP Partners L P)
Maintenance of Ownership. Debtor shall at all times maintain ownership of the percentages of issued and outstanding capital stock of each Consolidated Subsidiary set forth in Exhibit B Item 36 of the Schedule and notify Secured Party in writing prior to the incorporation of any new Consolidated Subsidiary.
Appears in 2 contracts
Samples: Loan and Security Agreement (Delsoft Consulting Inc), Security Agreement (American Artists Film Corp/Mo/)
Maintenance of Ownership. Debtor shall at all times maintain ownership of the percentages of issued and outstanding capital stock of each Consolidated Subsidiary set forth in Exhibit B Item 36 of the Schedule and notify Secured Party in writing prior to the incorporation of any new Consolidated Subsidiary.. 9.24
Appears in 1 contract
Samples: Loan and Security Agreement (Mercury Air Group Inc)
Maintenance of Ownership. Debtor shall at all times maintain ownership of the percentages of issued and outstanding capital stock of each Consolidated Subsidiary set forth in Exhibit B Item 36 of the Schedule and notify Secured Party in writing prior to the incorporation of any new Consolidated Subsidiary.. 10.25
Appears in 1 contract
Samples: Loan and Security Agreement (Computone Corporation)
