Common use of Subsidiaries and Other Interests Clause in Contracts

Subsidiaries and Other Interests. Other than the corporations -------------------------------- identified in Part 2.2 of the Company Disclosure Letter, neither Company nor any of the other corporations identified in Part 2.2 of the Company Disclosure Letter owns any capital stock of, or any equity interest of any nature in, any corporation, partnership, joint venture arrangement or other business entity, except for passive investments in equity interests of public companies as part of the cash management program of Company. Neither Company nor any of its subsidiaries has agreed or is obligated to make, or is bound by any written, oral or other agreement, contract, subcontract, lease, binding understanding, instrument, note, option, warranty, purchase order, license, sublicense, insurance policy, benefit plan or legally binding commitment or undertaking of any nature, as in effect as of the date hereof or as may hereinafter be in effect under which it may become obligated to make any future investment in or capital contribution to any other entity. Neither Company, nor any of its subsidiaries, has, at any time, been a general partner of any general partnership, limited partnership or other entity. Part 2.2 of the Company Disclosure Letter indicates the jurisdiction of organization of each entity listed therein and Company's direct or indirect equity interest therein.

Appears in 2 contracts

Samples: Merger Agreement (Onsale Inc), Merger Agreement (Egghead Com Inc)

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Subsidiaries and Other Interests. Other than the corporations -------------------------------- identified in Part 2.2 3.2 of the Company Parent Disclosure Letter, neither Company Parent nor any of the other corporations identified in Part 2.2 3.2 of the Company Parent Disclosure Letter owns any capital stock of, or any equity interest of any nature in, any corporation, partnership, joint venture arrangement or other business entity, except for passive investments in equity interests of public companies as part of the cash management program of CompanyParent. Neither Company Parent nor any of its subsidiaries has agreed or is obligated to make, or is bound by any written, oral or other agreement, contract, subcontract, lease, binding understanding, instrument, note, option, warranty, purchase order, license, sublicense, insurance policy, benefit plan or legally binding commitment or undertaking of any nature, as in effect as of the date hereof or as may hereinafter be in effect under which it may become obligated to make any future investment in or capital contribution to any other entity. Neither CompanyParent, nor any of its subsidiaries, has, at any time, been a general partner of any general partnership, limited partnership or other entity. Part 2.2 3.2 of the Company Parent Disclosure Letter indicates the jurisdiction of organization of each entity listed therein and CompanyParent's direct or indirect equity interest therein.

Appears in 2 contracts

Samples: Merger Agreement (Egghead Com Inc), Merger Agreement (Onsale Inc)

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