Common use of Organization; Qualification; Subsidiaries Clause in Contracts

Organization; Qualification; Subsidiaries. The Company and each Subsidiary (i) is duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation or organization, (ii) has the corporate or organizational power to own its properties and to carry on its business as now conducted, and (iii) is duly qualified to do business and is in good standing in every jurisdiction where failure to be duly qualified would have a Material Adverse Effect. Attached hereto as Exhibit 6.01 is a correct and complete list setting forth, as of the date of this Agreement: (A) the name of each Subsidiary, (B) the Company's and its Subsidiaries' aggregate percentage interest in such Subsidiary, and (C) whether such Subsidiary is a Restricted or Unrestricted Subsidiary. All shares of capital stock of Restricted Subsidiaries owned by the Company or any Restricted Subsidiary are owned thereby free and clear of all Liens.

Appears in 3 contracts

Samples: Five Year Credit Agreement (Cox Communications Inc /De/), Credit Agreement (Cox Communications Inc /De/), Credit Agreement (Cox Communications Inc /De/)

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Organization; Qualification; Subsidiaries. The Company and each Subsidiary (i) is duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation or organization, (ii) has the corporate or organizational power to own its properties and to carry on its business as now conducted, and (iii) is duly qualified to do business and is in good standing in every jurisdiction where failure to be duly qualified would have a Material Adverse Effect. Attached hereto as Exhibit 6.01 is a correct and complete list setting forth, as of the date of this Agreement: (A) , the name of each Subsidiary, (B) the Company's and its Subsidiaries' aggregate percentage interest in such Subsidiary, and (C) whether such Subsidiary is a Restricted or Unrestricted Subsidiary. All shares of capital stock of Restricted Subsidiaries owned by the Company or any Restricted Subsidiary are owned thereby free and clear of all Liens other than Permitted Liens.

Appears in 2 contracts

Samples: Credit Agreement (Cox Enterprises Inc Et Al), Credit Agreement (Cox Radio Inc)

Organization; Qualification; Subsidiaries. The Company and each Subsidiary (ia) is a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation or organizationincorporation, (iib) has the corporate or organizational power to own its properties and to carry on its business as now conducted, and (iiic) is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction where failure to be duly qualified would have materially and adversely affect the business, properties, operations or financial condition of the Company and its Restricted Subsidiaries on a Material Adverse Effectconsolidated basis or the ability of the Company and its Restricted Subsidiaries to perform its obligations under this Agreement. Attached hereto as Exhibit 6.01 is a correct and complete list (determined in good faith by the Company) setting forth, as of date hereof (but after giving effect to the date of this Agreement: Transactions): (Ai) the name of and jurisdiction of organization of each Subsidiary, (Bii) the Company's title and its Subsidiaries' aggregate percentage interest in number of such outstanding shares of Capital Stock of each Subsidiary, and (C) whether such Subsidiary is a Restricted or Unrestricted Subsidiary. All shares of capital stock of Restricted Subsidiaries if any, owned by Persons other than the Company or any Restricted Subsidiary are owned thereby free and clear of all Liens.Subsidiary;

Appears in 1 contract

Samples: Credit Agreement (Cox Radio Inc)

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Organization; Qualification; Subsidiaries. The Company and each Subsidiary (i) is duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation or organization, (ii) has the corporate or organizational power to own its properties and to carry on its business as now conducted, and (iii) is duly qualified to do business and is in good standing in every jurisdiction where failure to be duly qualified would have a Material Adverse Effect. Attached hereto as Exhibit 6.01 is a correct and complete list setting forth, as of the date of this Agreement: (A) the name of each Subsidiary, (B) the Company's ’s and its Subsidiaries' ’ aggregate percentage interest in such Subsidiary, and (C) whether such Subsidiary is a Restricted or Unrestricted Subsidiary. All shares of capital stock of Restricted Subsidiaries owned by the Company or any Restricted Subsidiary are owned thereby free and clear of all Liens.

Appears in 1 contract

Samples: Credit Agreement (Cox Radio Inc)

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