Non-Material Subsidiaries Sample Clauses

Non-Material Subsidiaries. There are no subsidiaries or other wholly or partially-owned entities of the Company other than the Material Entities.
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Non-Material Subsidiaries. The Borrower will not permit, at any time, (i) the total assets of all Restricted Subsidiaries of the Borrower (other than any Government Business Subsidiary) which are not Subsidiary Guarantors at the last day of the Test Period ending on the last day of the most recent fiscal period for which financial statements have been delivered pursuant to Section 9.1(a) or (b) to equal or exceed 10% of the consolidated total assets of the Borrower and its Restricted Subsidiaries at such date or (ii) gross revenues of all Restricted Subsidiaries of the Borrower (other than any Government Business Subsidiary) which are not Subsidiary Guarantors for such Test Period to equal or exceed 10% of the consolidated gross revenues of the Borrower and its Restricted Subsidiaries for such period, in each case determined in accordance with GAAP.
Non-Material Subsidiaries. To the actual knowledge of the Company (without investigation), the representations and warranties of any Material Subsidiary made in this Article IV are true and complete as applied to each Non-Material Subsidiary.
Non-Material Subsidiaries. If at any time after the Closing Date either of Grand Canal Shops Mall MM Subsidiary, Inc. or Grand Canal Shops Mall Subsidiary, LLC acquires any material assets, the Borrowers will cause such Non-Guarantor Restricted Subsidiary to become a Subsidiary Guarantor pursuant to the terms of Sections 6.11A and 6.11B.
Non-Material Subsidiaries. There are no subsidiaries of the Corporation other than the Subsidiaries; each of Wildebeest Platinum (Pty) and Wesplats Holdings (Pty) do not hold any material assets or carry on any material business;
Non-Material Subsidiaries. All Subsidiaries listed on Exhibit C attached hereto are either in the process of dissolving or are planning to dissolve (the “Dissolving Subsidiaries”). Each Dissolving Subsidiary will file the necessary articles of dissolution with the jurisdiction of incorporation and provide such evidence to Silicon within three (3) Business Days of such filing. Borrower shall not make any loans, transfer any assets to, or guaranty or otherwise become liable with respect to any obligation of any Dissolving Subsidiary without the prior written consent of Silicon.
Non-Material Subsidiaries. In the event the Borrower on or after ------------------------- the Closing Date, shall form, acquire or otherwise obtain any Non-Material Subsidiary (other than a Designated Non-Material Subsidiary), the Borrower shall promptly notify the Administrative Agent of the existence of such Non-Material Subsidiary, shall provide the Administrative Agent with the information required by Section 3.12 with respect thereto and shall enter into and shall cause such Non-Material Subsidiary to enter into and deliver to the Administrative Agent on behalf of the Lenders a Joinder Agreement in the form of Schedule 5.12 attached hereto. In connection therewith, the Borrower shall cause such Non-Material Subsidiary to deliver to the Administrative Agent on behalf of the Lenders certified organizational documents, evidences of authority and opinion letters and to take such other action in connection therewith, including without limitation the filing of appropriate financing statements, as the Administrative Agent may reasonably require.
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Non-Material Subsidiaries. JM shall not permit the total revenues or ------------------------- total assets of all non-Material Subsidiaries together to exceed at any time 20% of the total revenues or total assets, as the case may be, of JM and its Subsidiaries, determined on a consolidated basis in accordance with GAAP.
Non-Material Subsidiaries. The Company shall not permit the ------------------------- total revenues or total assets of all non-Material Subsidiaries together to exceed at any time 20% of the total revenues or total assets, as the case may be, of the Company and its Subsidiaries, determined on a consolidated basis in accordance with GAAP.
Non-Material Subsidiaries. There are no subsidiaries of the Corporation other than the Subsidiaries; each of 0890887 B.C. Ltd., 0892249 B.C. Ltd., Dsub0890887 Cooperatief U.A., STPF B.V., 0928293 BC. Ltd., 0891512 B.C. Ltd. and Minera Sierra Vieja S.A. de C.V. do not hold any material assets or carry on any material business;
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