Common use of Ownership of Certain Subsidiaries Clause in Contracts

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.

Appears in 4 contracts

Samples: Credit Agreement (CMS Energy Corp), Credit Agreement (CMS Energy Corp), Credit Agreement (CMS Energy Corp)

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Ownership of Certain Subsidiaries. The Company Borrower 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.

Appears in 2 contracts

Samples: Credit Agreement (Consumers Energy Co), Credit Agreement (CMS Energy Corp)

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