Ownership of the Borrowers. The Parent, or a direct Material Subsidiary of the Parent, will at all times own at least 80% of the outstanding equity of each Borrower (other than the Parent).
Appears in 3 contracts
Samples: Revolving Credit Agreement (Ch2m Hill Companies LTD), Agreement (Ch2m Hill Companies LTD), Ch2m Hill Companies (Ch2m Hill Companies LTD)
Ownership of the Borrowers. The Parent, or a direct Material -------------------------- Subsidiary of the Parent, will at all times own at least 80% of the outstanding equity of each Borrower (other than the Parent).
Appears in 1 contract