Ownership of Credit Parties and Pledged Entities. If Borrower shall at any time fail to own and control the required percentage of the voting stock of any Guarantor, either directly or indirectly through a wholly-owned Subsidiary of Borrower;
Appears in 6 contracts
Samples: Revolving Credit and Line of Credit Agreement (Hughes Supply Inc), Line of Credit Agreement (Hughes Supply Inc), Revolving Credit Agreement (Hughes Supply Inc)
Ownership of Credit Parties and Pledged Entities. If Borrower shall at any time fail to own and control the required percentage of the voting stock of any Guarantor, either directly or indirectly indi rectly through a wholly-owned Subsidiary of Borrower;
Appears in 2 contracts
Samples: Revolving Credit Agreement (Hughes Supply Inc), Revolving Credit and Line of Credit Agreement (Hughes Supply Inc)
Ownership of Credit Parties and Pledged Entities. If Borrower shall at any time fail to own and control the required percentage of the voting stock of any Guarantor, either directly or indirectly through a whollyWholly-owned Subsidiary Owned Subsidiary, as of Borrower;the date that Person became or was required to become a Guarantor.
Appears in 2 contracts
Samples: Revolving Loan Agreement (Brown & Brown Inc), Revolving and Term Loan Agreement (Brown & Brown Inc)
Ownership of Credit Parties and Pledged Entities. If Borrower shall at any time fail to own and control the required percentage of the voting stock of any Guarantor, either directly or indirectly through a wholly-owned Subsidiary of Borrower;, as of the date that Person became or was required to become a Guarantor.
Appears in 2 contracts
Samples: Term Loan Agreement (Serengeti Eyewear Inc), Revolving Line of Credit and Term Loan Agreement (Solar Mates Inc)
Ownership of Credit Parties and Pledged Entities. If ------------------------------------------------ Borrower shall at any time fail to own and control the required percentage of the voting stock of any Guarantor, either directly or indirectly through a wholly-owned Subsidiary of Borrower;
Appears in 1 contract
Ownership of Credit Parties and Pledged Entities. If Borrower shall at any time fail to own and control the required percentage of the voting stock of any Guarantor, either directly or indirectly through a wholly-owned Wholly Owned Subsidiary of Borrower;
Appears in 1 contract
Samples: Revolving Credit and Line of Credit Agreement (Office Depot Inc)
Ownership of Credit Parties and Pledged Entities. If Borrower shall at any time fail to own and control the required percentage of the voting stock of any GuarantorSignificant Subsidiary, either directly or indirectly through a wholly-owned Wholly Owned Subsidiary of Borrower;
Appears in 1 contract
