Common use of Ownership of Equity Interests Clause in Contracts

Ownership of Equity Interests. Except as otherwise set ------------------------------ forth in Section 3.5 of the Delaware Company Disclosure Schedule, the Delaware Company or one or more of its wholly-owned Subsidiaries owns, of record and beneficially, all of the issued and outstanding capital stock or other equity interests of each of the Delaware Company Subsidiaries and all outstanding Equity Rights with respect to each Delaware Company Subsidiary, free and clear (except as otherwise contemplated in the Credit Agreement dated April 30, 1999, among the Delaware Company, various lending institutions, Xxxxxxx Xxxxx Credit Partners LP, as documentation agent, and others) of all material liens, security interests, charges, adverse claims, options, preferential rights of purchase, restrictions or legends of any kind (collectively, "Liens"). Except as ----- described above or as set forth in Section 3.5 of the Delaware Company Disclosure Schedule, neither the Delaware Company nor any of the Delaware Company Subsidiaries owns or holds, directly or indirectly, any capital stock of, or other equity or other ownership interest in (or any securities, rights or other interests exchangeable for, convertible into or which otherwise relate to the acquisition of any capital stock of) any Person or is a partner or joint venturer in any partnership or joint venture material to the Delaware Company.

Ownership of Equity Interests. Except as otherwise set ------------------------------ ----------------------------- forth in Section 3.5 of the Delaware Company Disclosure Schedule, the Delaware Company or one or more of its wholly-owned Subsidiaries owns, of record and beneficially, all of the issued and outstanding capital stock or other equity interests of each of the Delaware Company Subsidiaries and all outstanding Equity Rights with respect to each Delaware Company Subsidiary, free and clear (except as otherwise contemplated in the Credit Agreement dated April 30, 1999, among the Delaware Company, various lending institutions, Xxxxxxx Xxxxx Credit Partners LP, as documentation agent, and others) of all material liens, security interests, charges, adverse claims, options, preferential rights of purchase, restrictions or legends of any kind (collectively, "Liens"). Except as described ----- described above or as set forth in Section 3.5 of the Delaware Company Disclosure Schedule, neither the Delaware Company nor any of the Delaware Company Subsidiaries owns or holds, directly or indirectly, any capital stock of, or other equity or other ownership interest in (or any securities, rights or other interests exchangeable for, convertible into or which otherwise relate to the acquisition of any capital stock of) any Person or is a partner or joint venturer in any partnership or joint venture material to the Delaware Company.