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Common use of Non-Consolidation Clause in Contracts

Non-Consolidation. It will, and will cause each of its Subsidiaries to, (i) maintain entity records and books of account separate from those of any other entity which is an Affiliate of such entity; and (ii) not commingle its funds or assets with those of any other entity which is an Affiliate of such entity.

Appears in 3 contracts

Samples: Credit Agreement (IsoPlexis Corp), Credit Agreement and Guaranty (IsoPlexis Corp), Credit Agreement and Guaranty (IsoPlexis Corp)

Non-Consolidation. It will, Company will and will cause each of its Subsidiaries to, (i) to maintain entity records and books of account separate from those of any other entity which is an Affiliate of such entity; and (ii) not commingle its funds or assets with those of any other entity which is an Affiliate of such entity.

Appears in 2 contracts

Samples: First Lien Credit Agreement (Global Geophysical Services Inc), Second Lien Credit Agreement (Global Geophysical Services Inc)

Non-Consolidation. It will, Company will and will cause each of its Subsidiaries to, : (i) maintain entity records and books of account separate from those of any other entity which is an Affiliate of such entity; and (ii) except with respect to routine cash management and concentration, not commingle its funds or assets with those of any other entity which is an Affiliate of such entity; and (iii) generally maintain corporate separateness.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Granite Broadcasting Corp), Debtor in Possession Financing Agreement (Granite Broadcasting Corp)

Non-Consolidation. It will, and will cause each of its Subsidiaries to, (ia) maintain entity records and books of account separate from those of any other entity which is an Affiliate of such entity; and (iib) not commingle its funds or assets with those of any other entity which is an Affiliate of such entity.

Appears in 2 contracts

Samples: Credit Agreement (Kestra Medical Technologies, Ltd.), Credit Agreement and Guaranty (Kestra Medical Technologies, Ltd.)

Non-Consolidation. It will, and will cause each of its Subsidiaries to, (i) maintain entity records and books of account separate from those of any other entity which is an Affiliate of such entity; and (ii) not commingle its funds or assets with those of any other entity which is an Affiliate of such entity.is

Appears in 2 contracts

Samples: Credit Agreement and Guaranty (IsoPlexis Corp), Credit Agreement and Guaranty (IsoPlexis Corp)