Common use of No Debt as of Closing Clause in Contracts

No Debt as of Closing. Immediately prior to the Closing, none of the Contributed Comcast Subsidiaries shall have any outstanding Debt other than Debt of any Subsidiary that is not, directly or indirectly, wholly owned by Comcast and capital lease obligations.

Appears in 3 contracts

Samples: Master Agreement, Master Agreement (General Electric Co), Master Agreement (Comcast Corp)

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No Debt as of Closing. Immediately prior to the Closing, none of the Contributed Comcast Subsidiaries shall have any outstanding Debt other than Debt of any Subsidiary that is not, directly or indirectly, wholly owned by Comcast, Debt solely between or among Contributed Comcast Subsidiaries and capital lease obligations.

Appears in 1 contract

Samples: Master Agreement (Comcast Corp)

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