Common use of Special Purpose Corporation Clause in Contracts

Special Purpose Corporation. Holdings has no significant assets (other than the capital stock of the U.S. Borrower, U.S. Borrower Subordinated Notes issued to it from time to time in accordance with the terms of this Agreement 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, those liabilities under the other Documents and Baxter Acquisition Documentx xx xhich it is a party, those liabilities permitted to be incurred by Holdings pursuant to Section 8.01(b) and, as and when issued from time to time in accordance with the terms of this Agreement, Baxter PIK Notes, Permitted Hoxxxxxx XXX Securities and Shareholder Subordinated Notes).

Special Purpose Corporation. Holdings has no significant assets --------------------------- (other than the capital stock of the U.S. Borrower, U.S. Borrower Subordinated Notes issued to it from time to time in accordance with the terms of this Agreement 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, those liabilities under the other Documents and Baxter Xxxxxx Acquisition Documentx xx xhich Documents to which it is a party, those liabilities permitted to be incurred by Holdings pursuant to Section 8.01(b) and, as and when issued from time to time in accordance with the terms of this Agreement, Baxter PIK Xxxxxx XXX Notes, Permitted Hoxxxxxx XXX Holdings PIK Securities and Shareholder Subordinated Notes).

Special Purpose Corporation. Holdings has no significant assets --------------------------- (other than the capital stock of the U.S. Borrower, U.S. Borrower Subordinated Notes issued to it from time to time in accordance with the terms of this Agreement and immaterial assets used for the performance of those activities permitted to be performed by Holdings pursuant to Section 8.01(b)) or liabilities liabil ities (other than under this Agreement and the other Credit Documents, those liabilities under the other Documents and Baxter Xxxxxx Acquisition Documentx xx xhich Documents to which it is a party, those liabilities permitted to be incurred by Holdings pursuant to Section 8.01(b) and, as and when issued from time to time in accordance with the terms of this Agreement, Baxter PIK Xxxxxx XXX Notes, Permitted Hoxxxxxx XXX Holdings PIK Securities and Shareholder Subordinated Notes).

Special Purpose Corporation. Holdings has no significant assets --------------------------- (other than the capital stock of the U.S. Borrower, U.S. Borrower Subordinated Notes issued to it from time to time in accordance with the terms of this Agreement and immaterial assets used for the performance of those activities permitted to be performed by Holdings pursuant to Section 8.01(b)) and Borrower Subordinated Notes) or liabilities (other than under this Agreement and the other Credit Documents, those liabilities under the other Documents and Baxter Acquisition Documentx xx xhich it is a partyDocuments, those liabilities permitted to be incurred by Holdings pursuant to Section 8.01(b), Indebtedness permitted to be incurred by Holdings pursuant to Section 8.04(p) and, as and when issued from time to time in accordance with the terms of this Agreement, Baxter Permitted Holdings PIK Notes, Permitted Hoxxxxxx XXX Securities and Shareholder Subordinated Notes).