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: Senior Unsecured Revolving Credit Agreement (Ch2m Hill Companies LTD), Senior Unsecured Revolving Credit Agreement (Ch2m Hill Companies LTD), Senior Unsecured Revolving Credit Agreement (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
Samples: Senior Unsecured Revolving Credit Agreement (Ch2m Hill Companies LTD)
