Common use of Subsidiaries, Affiliates and Capital Structure Clause in Contracts

Subsidiaries, Affiliates and Capital Structure. Borrower has no subsidiaries or Affiliates which have any involvement or interest in any Resort in any way. None of the Affiliates of Borrower are parties to any proxies, voting trusts, shareholders agreements or similar arrangements pursuant to which voting authority, rights or discretion with respect to Borrower is vested in any other Person.

Subsidiaries, Affiliates and Capital Structure. Borrower has no subsidiaries Subsidiaries or Affiliates which have any involvement or interest in any Resort in any way. None of the Affiliates of Borrower are parties to any proxies, voting trusts, shareholders agreements or similar arrangements pursuant to which voting authority, rights or discretion with respect to Borrower is vested in any other Person.

Subsidiaries, Affiliates and Capital Structure. Borrower has no subsidiaries or Affiliates which have any involvement or interest in any Resort in any way. None of the Affiliates of Borrower are parties to any proxies, voting trusts, shareholders agreements or similar arrangements pursuant to which voting authority, rights or discretion with respect to the Borrower is vested in any other Person.

Subsidiaries, Affiliates and Capital Structure. Except as noted in Schedule 6.7, neither Borrower has no any subsidiaries or Affiliates which have any involvement or interest in any Resort in any way. None of the Affiliates of either Borrower are parties to any proxies, voting trusts, shareholders agreements or similar arrangements pursuant to which voting authority, rights or discretion with respect to either Borrower is vested in any other Person.