Ownership of Certain Subsidiaries. The Borrower shall at all times, (a) own and control 100% of the Voting Stock of PSNM and (b) own and control, directly or indirectly, 100% of the Voting Stock of TNMP.
Ownership of Certain Subsidiaries. So long as Genworth Seguros de Credito a la Vivienda, S.A. de C.V., a Mexico-domiciled subsidiary of Genworth, or Genworth Servicios, S. de X. X. de C. V., a Mexico-domiciled subsidiary of Genworth (together, the “Mexican Subsidiaries”), is a subsidiary of Genworth, the Company will not sell, transfer, or otherwise dispose of or cause its Subsidiaries to sell, transfer, or otherwise dispose of its ownership in the Mexican Subsidiaries; provided, that if requested by Genworth, the Company shall transfer to Genworth or its designee the Mexican Subsidiaries (i) for a purchase price equal to the fair market value of such Mexican Subsidiaries as mutually agreed by Genworth and the Company in good faith or as otherwise determined by an independent valuation firm mutually designated by Genworth and the Company and (ii) on such date as is mutually agreed by the Parties.
Ownership of Certain Subsidiaries. The Company owns (i) not less than 80% of the outstanding shares of common stock of Enterprises and (ii) not less than 80% of the outstanding shares of common stock of Consumers.
Ownership of Certain Subsidiaries. Take such actions as are necessary to ensure that the Borrower, at all times, shall own and control, directly or indirectly, 100% of the Voting Stock of Energen Resources Corporation and Alabama Gas Corporation.
Ownership of Certain Subsidiaries. The Parent Guarantor shall at all times, (a) own and control 100% of the Voting Stock of PSNM and (b) own and control, directly or indirectly, 100% of the Voting Stock of TNMP.
Ownership of Certain Subsidiaries. Except pursuant to a transaction permitted pursuant to Section 4.2.9 or 4.2.10, ADT Limited will not permit:
Ownership of Certain Subsidiaries. The Company shall (a) at all times, own and control 100% of the Voting Stock of PSNM, (b) at all times, own and control, directly or indirectly, 100% of the Voting Stock of TNMP, (c) if the Borrower Obligations of First Choice are guarantied by the Company, own and control, directly or indirectly, 100% of the Voting Stock of First Choice and (d) if the Borrower Obligations of FCP are guarantied by the Company, own and control, directly or indirectly, 100% of the Voting Stock of FCP.
Ownership of Certain Subsidiaries. Borrower shall cease to own, directly or through one or more wholly-owned Subsidiaries of Borrower, all of the issued and outstanding equity interests in and to each of the Material Subsidiaries of Borrower or Agent shall cease to have a valid, perfected, first priority Lien upon all such equity interests (other than HCC UK Acquisition, with respect to which Agent shall have a valid, perfected, first priority Lien upon only 65% of their issued and outstanding equity interests); or
Ownership of Certain Subsidiaries. 57 SECTION 8 NEGATIVE COVENANTS 57 8.1 Nature of Business. 57 8.2 Consolidation and Merger. 58 8.3 Sale or Lease of Assets. 58 8.4 Affiliate Transactions. 58 8.5 Liens. 58 8.6 Accounting Changes. 60 SECTION 9 EVENTS OF DEFAULT 60
