Ownership of Guarantors. Borrower shall maintain its percentage of ownership existing as of the date hereof of all Guarantors, and shall not decrease its ownership percentage in each Person which becomes a Guarantor after the date hereof, as such ownership exists at the time such Person becomes a Guarantor.
Ownership of Guarantors. Each Guarantor is a Wholly Owned Subsidiary of Borrower, and Borrower controls all decisions of each Guarantor.
Ownership of Guarantors. The Company and its Subsidiaries that own Guarantors shall maintain their percentage ownership of such Guarantors existing as of the date hereof and shall not decrease its ownership percentage in each Additional Guarantor pursuant to Section 5.13 after the date hereof, as such ownership exists at the time such Additional Guarantor becomes a Guarantor hereunder.
Ownership of Guarantors. 51 Article VII.
Ownership of Guarantors. Maintain at least its percentage of ownership existing as of the date hereof of all Guarantors, and maintain its ownership percentage in each Person which becomes a Guarantor after the date hereof, as such ownership exists at the time such Person becomes a Guarantor.
Ownership of Guarantors all the shares in each Guarantor are legally and beneficially owned and controlled by the Borrower;
Ownership of Guarantors. Subject to Clause 25.26.3 below, the Borrower shall ensure that 100 per cent. of the securities in the issued capital of each Guarantor (other than Holdco and Cash Paymaster) are owned, directly or indirectly, legally and beneficially, by the Borrower.
Ownership of Guarantors. 74 Section 7.13 Subordination of Intercompany Loans..................75
Ownership of Guarantors the Borrower shall cease to own (except as otherwise expressly permitted by this Agreement), directly or indirectly, one hundred percent (100%) of any of the Guarantors; or
Ownership of Guarantors. Borrower will at all times be the sole legal, beneficial and record owner of all of the issued and outstanding shares of each class of capital stock of Huntco Nevada. Borrower will cause Huntco Nevada to at all times be the sole legal, beneficial and record owner of all of the issued and outstanding shares of each class of capital stock of each of Huntco Steel and Midwest Products. Borrower will cause Huntco Steel to at all times be the sole legal, beneficial and record owner of all of the issued and outstanding shares of each class of capital stock of HSI Aviation.
