Common use of Ownership of Guarantors Clause in Contracts

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.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Omega Protein Corp), Revolving Credit Agreement (Nuco2 Inc /Fl), Revolving Credit Agreement (Nuco2 Inc /Fl)

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Ownership of Guarantors. The Company and its Subsidiaries that own Guarantors shall maintain their its percentage of ownership of such Guarantors existing as of the date hereof of all corporate Guarantors, and shall not decrease its ownership percentage in each Additional Person which becomes a corporate Guarantor pursuant to Section 5.13 after the date hereof, as such ownership exists at the time such Additional Guarantor Person becomes a corporate Guarantor hereunderor may be increased thereafter.

Appears in 1 contract

Samples: Note Purchase Agreement (Consolidated Stainless Inc)

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 5.14 after the date hereof, as such ownership exists at the time such Additional Guarantor becomes a Guarantor hereunder.

Appears in 1 contract

Samples: Revolving Credit Agreement (Nuco2 Inc /Fl)

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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.

Appears in 1 contract

Samples: Revolving Credit Agreement (Law Companies Group Inc)

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