Common use of Special Purpose Corporation Clause in Contracts

Special Purpose Corporation. Holdings has no significant assets (other than the capital stock of the Borrower) or liabilities (other than under this Agreement and the other Documents to which it is a party and those liabilities permitted to be incurred by Holdings pursuant to Section 9.01(c)).

Special Purpose Corporation. Holdings has no significant assets --------------------------- (other than the capital stock of the BorrowerBorrower and immaterial assets used for the performance of those activities permitted to be performed by Holdings pursuant to Section 8.01(b)) or liabilities (other than under this Agreement and the other Credit Documents and the other Documents to which it is a party and party, those liabilities permitted to be incurred by Holdings pursuant to Section 9.01(c)8.01(b) and, as and when issued from time to time in accordance with the terms of this Agreement, Permitted Holdings PIK Securities and Shareholder Subordinated Notes).

Special Purpose Corporation. Holdings has no significant assets (other than the capital stock membership interests of the Borrower) or liabilities (other than under this Agreement and Agreement, the other Documents to which it is a party party, Shareholder Subordinated Notes, PIK Preferred Equity, Permitted Seller Notes, Permitted Earn-Out Debt, Permitted Earn-Out Preferred Equity and those liabilities permitted to be incurred by Holdings pursuant to Section 9.01(c))Qualified Preferred Equity) and has engaged in no substantial business activities.

Special Purpose Corporation. Holdings has no significant assets (other than the capital stock of the BorrowerBorrower and immaterial assets used for the performance of those activities permitted to be performed by Holdings pursuant to Section 8.01(b)) or liabilities (other than under this Agreement and the other Documents to which it is a party and those liabilities permitted to be incurred by Holdings pursuant to Section 9.01(c8.01(b)).

Special Purpose Corporation. Holdings engages in no significant business activities and has no significant assets (other than the capital stock of the Borrower, immaterial assets used for the performance of those activities permitted to be performed by Holdings pursuant to Section 8.13(b) and any obligations held by it to the extent permitted by Section 8.05(vi)) or material liabilities (other than those incurred under this Agreement and Agreement, under the other Loan Documents to which it is a party and those liabilities permitted to be incurred by under the Holdings pursuant to Section 9.01(c)Senior Discount Note Documents).

Special Purpose Corporation. Holdings has no significant assets (other than the capital stock of the BorrowerBorrower and other assets permitted to be acquired by Holdings under Section 8.01) or liabilities (other than those liabilities under this Agreement and the other Credit Documents to which it is a party and those other liabilities permitted to be incurred by Holdings pursuant to under Section 9.01(c)8.01).

Special Purpose Corporation. Holdings has no significant assets (other than the capital stock of the BorrowerBorrower and immaterial assets used for the performance of those activities permitted to be performed by Holdings pursuant to Section 8.01(b)) or liabilities (other than under this Agreement and the other Documents to which it is a party and party, those liabilities permitted to be incurred by Holdings pursuant to Section 9.01(c)8.01(b) and, as and when issued from time to time in accordance with the terms of this Agreement, under Permitted Holdings PIK Securities and Shareholder Subordinated Notes).