Parent and AG SPV Clause Samples

Parent and AG SPV. (a) Parent has not engaged in any activities other than acting as a holding and management company and transactions and activities incidental thereto, entering into and performing its obligations under the Term Debt Documents and the Management Agreement and does not hold any assets other than all of the issued and outstanding Equity Interests of Borrower and proceeds thereof and contractual rights pursuant to the Term Debt Documents, and (b) AG SPV has not engaged in any activities other than entering into and performing its obligations under the Term Debt Documents and the Artisan Company Agreement and does not hold any assets other than (i) membership interests under the Artisan Company Agreement; and (ii) fifty (50) quotas, representing a one percent (1%) equity ownership interest, of CECAFECacafe Servicos Administrativos Ltda. ME.