Common use of Parent as Holding Company Clause in Contracts

Parent as Holding Company. Permit Parent to incur any liabilities (other than liabilities arising or permitted under the Loan Documents), own or acquire any assets (other than the Equity Interests of other Loan Parties, dividends and distributions made on such Equity Interests and other de minimis assets) or engage itself in any operations or business (other than actions required for compliance with, or are expressly permitted under, the Loan Documents).

Parent as Holding Company. Permit Parent to incur any liabilities (other than liabilities arising or permitted under the Loan Documents), own or acquire any assets (other than the Equity Interests Stock of other Loan Parties, dividends and distributions made on such Equity Interests and other de minimis assetsBorrowers) or engage itself in any operations or business (other than actions required for compliance withbusiness, or are expressly permitted under, except in connection with its ownership of Borrowers and their rights and obligations under the Loan Documents).

Parent as Holding Company. Permit the Parent to incur any liabilities (other than liabilities arising or permitted under the Loan DocumentsDocuments and the Senior Subordinated Notes), own or acquire any assets (other than the Equity Interests Capital Stock of other Loan Parties, dividends and distributions made on such Equity Interests and other de minimis assetsthe Borrower) or engage itself in any operations or business (other than actions required for compliance with, or are expressly permitted under, the Loan Documents)business.

Parent as Holding Company. Permit Parent to incur any liabilities (other than liabilities arising or permitted under the Loan Documents, Parent's guaranty of the Senior Secured Notes, and the Junior Notes), own or acquire any assets (other than the Equity Interests Stock of other Loan Parties, dividends and distributions made on such Equity Interests and other de minimis assetsBorrower) or engage itself in any operations or business (other than actions required for compliance withbusiness, or are expressly permitted under, except in connection with its ownership of Borrower and its rights and obligations under the Loan Documents).

Parent as Holding Company. Permit Parent to incur any liabilities (other than liabilities arising or permitted under the Loan Documents), own or acquire any assets (other than the Equity Interests Stock of other Loan Parties, dividends and distributions made on such Equity Interests and other de minimis assetsits Subsidiaries) or engage itself in any operations or business (other than actions required for compliance withbusiness, except in connection with or are expressly permitted under, incidental to its Subsidiaries and its and their rights and obligations under the Loan Documents).