No Subsidiaries or Joint Ventures. No Obligor Party shall (a) become a general partner in any general or limited partnership or joint venture, (b) acquire any Subsidiary or (c) organize, create, or form any new Subsidiary, other than any wholly-owned domestic Subsidiary reasonably necessary in connection with the operation of its business that becomes a Guarantor pursuant to the Guarantee and Collateral Agreement.
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Samples: Credit Agreement (REV Renewables, Inc.), Credit Agreement (REV Renewables, Inc.), Credit Agreement (REV Renewables, Inc.)
No Subsidiaries or Joint Ventures. No Obligor Loan Party shall (a) become a general partner in any general or limited partnership or joint venture, (b) acquire any Subsidiary or (c) organize, create, or form any new Subsidiary, other than any wholly-owned domestic Subsidiary reasonably necessary in connection with the operation of its business that becomes a Guarantor pursuant to the Guarantee and Collateral Agreement.
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