Obligations with Respect to Loan Parties and Subsidiaries Sample Clauses

Obligations with Respect to Loan Parties and Subsidiaries. The obligations of the Borrower to direct or prohibit the taking of certain actions by the other Loan Parties and Subsidiaries as specified herein shall be absolute and not subject to any defense the Borrower may have that the Borrower does not control such Loan Parties or Subsidiaries.
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Obligations with Respect to Loan Parties and Subsidiaries. The obligations of the Parent and the Borrower to cause or prohibit the taking of certain actions by the other Loan Parties and Subsidiaries (other than the Joint Ventures) as specified herein shall be absolute and not subject to any defense the Parent or the Borrower may have that the Parent or the Borrower does not control such Loan Parties or Subsidiaries. Notwithstanding anything to the contrary herein, the obligations of the Parent and the Borrower to cause or prohibit the taking of certain actions by any Subsidiary that is Joint Venture, as specified herein, shall be to use their commercially reasonable efforts to cause or prohibit the taking of such actions.
Obligations with Respect to Loan Parties and Subsidiaries. The obligations of the Company to direct or prohibit the taking of certain actions by the other Loan Parties and Subsidiaries as specified herein shall be absolute and not subject to any defense the Company may have that the Company does not control such Loan Parties or Subsidiaries.
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