Parent as a Holding Company. Parent is a holding company and, except as permitted by Section 6.14, does not have any material liabilities, own any material assets, or engage in any operations or business.
Parent as a Holding Company. The Parent covenants and agrees that it shall not own or acquire any assets other than the Equity Interests of the Borrower, and shall not conduct, transact or otherwise engage in any business or operations other than those incidental to its ownership of the Equity Interests of the Borrower and Contingent Obligations permitted by Section 7.4(e).
Parent as a Holding Company. Parent is a holding company and does not have any material liabilities (other than liabilities arising under the Loan Documents, the Senior Notes Documents, the Convertible Bond Hedge Documents and the Warrant Transaction Documents to which it is a party), own any material assets (other than (i) as of the Closing Date, the Equity Interests of Borrower, (ii) at any time after the Closing Date, the Equity Interests of Borrower and any other Subsidiary (provided that Borrower has complied with Section 5.11 with respect to each such Subsidiary) acquired in connection with the consummation of Permitted Acquisitions, (iii) proceeds of issuances of Equity Interests to the extent such issuances are permitted under this Agreement, (iv) proceeds of Restricted Payments received from Subsidiaries and permitted under this Agreement, so long as the proceeds of any such Restricted Payment are used substantially concurrently by Parent for such permitted purpose, (v) its rights under the Convertible Bond Hedge Documents, and (vi) the Parent Trademark) or engage in any operations or business (other than the ownership of Borrower and its Subsidiaries and its operations as a holding company expressly permitted to be engaged in by Parent under this Agreement).
Parent as a Holding Company. Parent is a holding company and does not have any material liabilities (other than liabilities arising under the Loan Documents own any material assets (other than (a) the Equity Interests of its Subsidiaries, (b) contractual rights incidental to maintenance of its corporate existence or the issuance of its Equity Interests, and (c) Investments permitted hereunder) or engage in any operations or business (other than (a) the ownership of its Subsidiaries, (b) activities incidental to maintenance of its corporate existence and the issuance of its Equity Interests, (c) guaranties of Indebtedness of Subsidiaries of Parent permitted by clause (e) of the definition of “Permitted Indebtedness” (provided that guaranties by Parent of Indebtedness of Subsidiaries of Parent that are not Loan Parties together with loans provided pursuant to clause (d) of the definition of “Permitted Intercompany Advances” shall not exceed $500,000 in the aggregate) and (d) performance of its obligations under the Loan Documents (and activities incidental thereto)).
Parent as a Holding Company. Borrower will not permit Parent to incur any liabilities (other than liabilities arising under the Senior Notes Documents (including, for the avoidance of doubt, any liabilities arising pursuant to Parent's consummation of a Permitted 2014 Senior Notes Refinancing), the Convertible Bond Hedge Documents, the Warrant Transaction Documents and the Loan Documents to which it is a party), own or acquire any assets (other than (i) the Equity Interests the Borrower or of any Loan Party or any other Subsidiary (provided that Borrower has complied with Section 5.11 with respect to each such Subsidiary) acquired in connection with the consummation of Permitted Acquisitions, (ii) proceeds of issuances of Equity Interests to the extent such issuances are permitted under this Agreement, (iii) proceeds of Restricted Payments received from Subsidiaries and permitted under this Agreement, so long as the proceeds of any such Restricted Payment are used substantially concurrently by Parent for such permitted purpose, (iv) its rights under the Convertible Bond Hedge Documents, and (v) the Parent Trademark) or engage itself in any operations or business, except in connection with its ownership of Borrower, its rights and obligations under the Loan Documents, its rights and obligations under each of the Senior Notes Documents, the Convertible Bond Hedge Documents and the Warrant Transaction Documents, and its operations as a holding company to the extent such operations are expressly permitted to be engaged in by Parent under this Agreement.
Parent as a Holding Company. Prior to the consummation of the Parent Consolidation Transactions, Parent is a holding company and does not have any material liabilities (other than liabilities arising under the Loan Documents and the Term Loan Documents), own any material assets (other than (i) in the case of Ultimate Parent, the Equity Interests of New Holdco and R/C IV, (ii) in the case R/C IV, the Equity Interests of New Holdco, and (iii) in the case of New Holdco, (x) the Equity Interests of Liberty and (y) the Equity Interests of any "resulting company" of the Permitted Liberty Statutory Division, so long as, promptly following such Permitted Liberty Statutory Division, such "resulting company" becomes a direct or indirect Subsidiary of Liberty), or engage in any operations or business (other than (i) in the case of Ultimate Parent, the ownership of New Holdco and R/C IV and their Subsidiaries, (ii) in the case of R/C IV, the ownership of New Holdco and its Subsidiaries, and (iii) in the case of New Holdco, (x) the ownership of Liberty and its Subsidiaries and (y) the Equity Interests of any "resulting company" of the Permitted Liberty Statutory Division, so long as, promptly following such Permitted Liberty Statutory Division, such "resulting company" becomes a direct or indirect Subsidiary of Liberty). From and after the consummation of the Parent Consolidation Transactions, Parent is in compliance with Section 6.13(b) of this Agreement.
Parent as a Holding Company. Parent is a holding company and does not have any material liabilities (other than (i) liabilities arising under the Loan Documents and the EXIM Loan Documents, and (ii) liabilities on account of any Indebtedness permitted under clause (n) of the definition of Permitted Indebtedness), own any material assets (other than the Stock of Borrower) or engage in any operations or business (other than the ownership of Borrower and its rights and obligations under the Loan Documents, the EXIM Loan Documents and any documents evidencing any Indebtedness permitted under clause (n) of the definition of Permitted Indebtedness).
Parent as a Holding Company. Parent is a holding company and does not have any material liabilities (other than liabilities arising under the Loan Documents, the Advisory Agreement, the Acquisition Documents to which it is a party), own any material assets (other than the Equity Interests of Borrower and its other Subsidiaries) or engage in any operations, activities or business (other than the ownership of Borrower and its other Subsidiaries and activities incidental to the direct and indirect ownership of its Subsidiaries, activities incidental to the maintenance of its corporate existence, activities related to the debt and equity financing of its acquisition of the Borrower and the consummation of the transactions in connection therewith, and as otherwise expressly permitted by the Loan Documents.
Parent as a Holding Company. Borrower will not permit Parent to incur any liabilities (other than liabilities arising under the Loan Documents to which it is a party), own or acquire any assets (other than (i) the Equity Interests the Borrower or of any Loan Party or any other Subsidiary (provided that Borrower has complied with Section 5.11 with respect to each such Subsidiary) acquired in connection with the consummation of Permitted Acquisitions, (ii) proceeds of issuances of Equity Interests to the extent such issuances are permitted under this Agreement or (iii) proceeds of Restricted Payments received from Subsidiaries and permitted under this Agreement, so long as the proceeds of any such Restricted Payment are used substantially concurrently by Parent for such permitted purpose) or engage itself in any operations or business, except in connection with its ownership of Borrower, its rights and obligations under the Loan Documents, and its operations as a holding company to the extent such operations are expressly permitted to be engaged in by Parent under this Agreement
Parent as a Holding Company. Permit Parent to incur any liabilities (other than (i) liabilities arising under the Loan Documents and the EXIM Loan Documents, and (ii) liabilities on account of any Indebtedness permitted under clause (n) of the definition of Permitted Indebtedness), own or acquire any assets (other than the Stock of Borrower) or engage itself in any operations or business, except in connection with its ownership of Borrower, and its rights and obligations under the Loan Documents, the EXIM Loan Documents and any documents evidencing any Indebtedness permitted under clause (n) of the definition of Permitted Indebtedness.
