No Subsidiaries, Investments Sample Clauses

No Subsidiaries, Investments. The Company does not have any direct or indirect subsidiaries and does not own, directly or indirectly, any capital stock or other equity securities of any corporation or have any direct or indirect equity or ownership interest, including interests in partnerships, limited liability companies and joint ventures, and is not a general or limited partner in any partnership, a member of any limited liability company or a co-venturer in any joint venture or other business enterprise..
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No Subsidiaries, Investments. Except as set forth on Section 3.3 of the Disclosure Schedule, the Company Group does not control any other corporation, or any limited liability company, partnership, joint venture, association or any other business entity, and the Company Group does not own any direct or indirect equity or other interest or any right (contingent or otherwise) to acquire the same of, and has not at any time made any other material investment in, any other Person.
Sample 1
No Subsidiaries, Investments. No Company (i) controls, directly or indirectly, or owns any direct or indirect Equity Interest in any Person or (ii) is subject to any obligation to make any investment (in the form of a loan, capital contribution or otherwise) in any Person.
Sample 1
No Subsidiaries, Investments. Neither Company has any subsidiaries and, except for ownership by RHC of 14,651,212 shares of Aon Common Stock and ownership by REC of 7,713,225 shares of Aon Common Stock (such aggregate of 22,364,437 shares of Aon Common Stock being referred to herein as the "AON SHARES"), neither Company owns, directly or indirectly, any equity interest in any Person.
Sample 1
No Subsidiaries, Investments. The Company does not have any subsidiaries, and, except for the investments set forth in Section 3.04 of the Disclosure Schedules (the “Investments”), it does not own any equity interests in any Person. The Company is the record and beneficial owner and holder of the issued and outstanding equity interests (“Investment Interests”) of each Investment set forth in Section 3.04 of the Disclosure Schedules, and the Company has good, valid and marketable title to the Investment Interests, free and clear of Encumbrances, other than any Encumbrances imposed by the governing documents with respect to such Investments, if any. To Sellers’ Knowledge, all of the Investment Interests were issued in compliance with applicable Laws and none of the Investment Interests were issued in violation of any agreement or commitment to which the Company is a party or is subject to or in violation of any preemptive or similar rights of any Person. From and after the initial entry into the Stockholders Agreement on December 29, 2020 by the Company and the stockholders thereto (the “Investment Effective Time”), the Company is and has been engaged solely in the business of holding equity interests of other Persons and has not engaged in any other business. Section 3.04 of the Disclosure Schedules sets forth a complete and correct list of the equity interests (including subsidiary and minority interests) which have been divested or are no longer otherwise held by the Company from and after the Investment Effective Time (the “Divested Interests”). Neither the Company nor, to Sellers’ Knowledge, any other party thereto is in breach of or default under (or is alleged to be in breach of or default under), the sale agreements related to the Divested Interests. None of the Company, Sellers nor their respective Affiliates have provided or received a notice of indemnification under the sale agreements related to the Divested Interests and no such Person is aware of any material Liability associated with the Divested Interests.
Sample 1
No Subsidiaries, Investments. MP has no subsidiaries, nor does it own any stock, bonds or other securities of, have any proprietary interest in, or control the management or policies (by means of a management contract or otherwise) of any other corporation, firm, association or business organization. No corporation, firm, association or business organization controls the management or policies (by means of a management contract or otherwise) of MP. “Control” in the preceding sentences means the power, by means of ownership of securities, contract or otherwise, to elect or designate a majority of the board of directors or other management policies of a corporation, firm, association or business organization. Except as disclosed on Schedule 3.3, the MP Business, as operated by MP, does not depend in material part on any other entity.
Sample 1
No Subsidiaries, Investments. The Seller has no subsidiaries, nor does it own any stock, bonds or other securities of, have any proprietary interest in, or control the management or policies (by means of a management contract or otherwise) of any other corporation, firm, association or business organization. No corporation, firm, association or business organization controls the management or policies (by means of a management contract or otherwise) of the Seller. “Control” in the preceding sentences means the power, by means of ownership of securities, contract or otherwise, to elect or designate a majority of the board of directors or other management policies of a corporation, firm, association or business organization. Except as disclosed on Schedule 4.3, Seller does not rely on any single vendor, service provider or distributor which reliance could reasonably have a material adverse effect on Seller or the Business.
Sample 1
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Related to No Subsidiaries, Investments

  • Subsidiaries; Investments Borrower does not own any stock, partnership interest or other equity securities except for Permitted Investments.

  • No Subsidiaries The Fund has no subsidiaries.

  • Subsidiaries and Investments The Company does not own, directly or indirectly, any capital stock or other equity, ownership or proprietary interest in any corporation, partnership, association, trust, joint venture or other entity (each a "Company Subsidiary").

  • Subsidiaries and Equity Investments (a) Section 3.3 of the Company Disclosure Schedule sets forth (i) the name of each corporation that is a "Significant Subsidiary" (as such term is defined in Rule 1-02 of Regulation S-X of the Securities and Exchange Commission (the "Commission") (such subsidiaries hereinafter referred to collectively as "Subsidiaries" and individually as a "Subsidiary", and collectively with the Company, the "Companies")), (ii) the name of each corporation, partnership, joint venture or other entity (other than the Subsidiaries) in which any of the Companies has, or pursuant to any agreement has the right or obligation to acquire at any time by any means, directly or indirectly, an equity interest or investment; (iii) in the case of each of such corporations described in clauses (i) and (ii) above, (A) the jurisdiction of incorporation, (B) the capitalization thereof and the percentage of each class of voting capital stock owned by any of the Companies, (C) a description of any contractual limitations on the holder's ability to vote or alienate such securities, (D) a description of any outstanding options or other rights to acquire securities of such corporation, and (E) a description of any other contractual charge or impediment which would materially limit or impair any of the Companies' ownership of such entity or interest or its ability effectively to exercise the full rights of ownership of such entity or interest; and (iv) in the case of each of such unincorporated entities, information substantially equivalent to that provided pursuant to clause (iii) above with regard to corporate entities.

  • Subsidiaries; Equity Investments 4 2.7 Capitalization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 2.8

  • Subsidiaries; Equity Interests The Parent does not own, directly or indirectly, any capital stock, membership interest, partnership interest, joint venture interest or other equity interest in any person.

  • Inactive Subsidiaries The Inactive Subsidiaries do not own any material assets and do not engage in any business activity whatsoever.

  • Due Organization; No Subsidiaries; Etc (a) The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of California and has all necessary power and authority: (i) to conduct its business in the manner in which its business is currently being conducted; (ii) to own and use its assets in the manner in which its assets are currently owned and used; and (iii) to perform its obligations under all Company Contracts.

  • Subsidiaries; Equity Interests; Loan Parties (a) Subsidiaries, Joint Ventures, Partnerships and Equity Investments. Set forth on Schedule 5.20(a), is the following information which is true and complete in all respects as of the Closing Date and as of the last date such Schedule was required to be updated in accordance with Sections 6.02 and/or 6.13: (i) a complete and accurate list of all Subsidiaries, joint ventures and partnerships and other equity investments of the Loan Parties as of the Closing Date and as of the last date such Schedule was required to be updated in accordance with Sections 6.02 and/or 6.13, (ii) the number of shares of each class of Equity Interests in each Subsidiary outstanding, (iii) the number and percentage of outstanding shares of each class of Equity Interests owned by the Loan Parties and their Subsidiaries and (iv) the class or nature of such Equity Interests (i.e. voting, non-voting, preferred, etc.). The outstanding Equity Interests in all Subsidiaries are validly issued, fully paid and non-assessable and are owned free and clear of all Liens. There are no outstanding subscriptions, options, warrants, calls, rights or other agreements or commitments (other than stock options granted to employees or directors and directors’ qualifying shares) of any nature relating to the Equity Interests of any Loan Party or any Subsidiary thereof, except as contemplated in connection with the Loan Documents.

  • Investments and Subsidiaries The Borrower will not make or permit to exist any loans or advances to, or make any investment or acquire any interest whatsoever in, any other Person or Affiliate, including any partnership or joint venture, nor purchase or hold beneficially any stock or other securities or evidence of indebtedness of any other Person or Affiliate, except:

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