Subsidiaries and Partnerships. Borrower has no subsidiaries and is not a party to any partnership agreement or joint venture agreement.
Subsidiaries and Partnerships. Each of the Loan Parties shall not, and shall not permit any of its Domestic Subsidiaries to own or create directly or indirectly any Subsidiaries other than (i) any Subsidiary which has joined this Agreement as Guarantor on the Closing Date; (ii) HRPF Venture so long as (a) there shall not exist any Event of Default or Potential Default immediately prior to and after giving effect to the formation of the HRPF Venture, and (b) ATI beneficially owns or holds greater than fifty percent (50%) of any class of the voting equity interests of the HRPF Venture at all times; and (iii) any Subsidiary formed or acquired after the Closing Date (other than LPAD, PADL, HRPF Venture and ATI International, each of which has been or may be formed or acquired and which are not or will not be subject to the joinder requirements of Section 10.13 hereof) which joins this Agreement as a Guarantor pursuant to Section 10.13 [Joinder of Guarantors]; provided, however, such Subsidiary shall not be required to join this Agreement as a Guarantor pursuant to Section 10.13 [Joinder of Guarantors] (1) if such Subsidiary (a) exists on the date of this Agreement or is acquired by a Loan Party or Subsidiary of a Loan Party and is a Foreign Subsidiary or (b) is formed or organized as a Foreign Subsidiary by a Loan Party or Subsidiary of a Loan Party after the date of this Agreement, or (2) if the total assets of such Subsidiary are less than Fifty Million and 00/100 Dollars ($50,000,000.00), and provided further that no Domestic Subsidiary of Xxxxxx LLC with assets equal to or greater than Fifty Million and 00/100 Dollars ($50,000,000.00) shall be required to execute a Guarantor Joinder or such other documents required by Section 10.13 [Joinder of Guarantors] until the twentieth (20th) Business Day after (i) the Xxxxxx Notes Payoff Date, or (ii) the Xxxxxx Notes Amendment Date, whichever occurs first.
5. Section 7.2.9 of the Credit Agreement is hereby deleted in its entirety and in its stead is inserted the following:
Subsidiaries and Partnerships. Except as set forth on Schedule 3.12, Borrower has no subsidiaries and is not a party to any partnership agreement or joint venture agreement.
Subsidiaries and Partnerships. No Loan Party shall, nor shall any Loan Party permit any of its Subsidiaries to, own or create directly or indirectly any Subsidiaries other than (a) any Subsidiary that is a Guarantor on the Closing Date; (b) any Subsidiary formed or acquired after the Closing Date that joins this Agreement as a Guarantor in accordance with the terms of this Agreement and the Security Agreement by delivering to the Administrative Agent (i) an executed Guarantor Joinder; (ii) documents in the forms described in Section 4.1 modified as appropriate; and (iii) documents necessary to grant and perfect Prior Security Interests to the Administrative Agent for the benefit of the Secured Parties in the Equity Interests (as defined in the Security Agreement) of, and Collateral held by, such Subsidiary, and (c) any Excluded Subsidiary.
Subsidiaries and Partnerships. Except as set forth on Schedule 7.14, the Borrower has no Subsidiaries and has no interest in any partnerships. Except as set forth on Schedule 7.14, the Borrower has no Unrestricted Subsidiaries.
Subsidiaries and Partnerships. Except as set forth on Part 4.6 of the Disclosure Schedule, the Company has no subsidiaries or investments in other corporations, partnerships or joint ventures.
Subsidiaries and Partnerships. As at the date hereof, all of the Subsidiaries and the jurisdiction of incorporation of each of the Subsidiaries is as set forth in Schedule I. As at the date hereof, none of the companies is, directly or indirectly, a member of or participant in any partnership, joint venture or syndicate other than as described in Schedule J.
Subsidiaries and Partnerships. Except (i) as set forth on Schedule 7.14 and (ii) for participation agreements existing or entered into in the ordinary course of business of the Company with respect to the drilling, development or acquisition of Oil and Gas Properties with participants under arrangements which do not constitute state law partnerships, as of the Closing Date the Company has no Subsidiaries and no interest in any partnerships.
Subsidiaries and Partnerships. Neither the Company nor any Subsidiary shall create or acquire any Subsidiary unless (i) the Company shall give the Agent prompt notice of the creation of such Subsidiary and (ii) the Company is in compliance with Section 9.03.
Subsidiaries and Partnerships. On the Closing Date, except as set forth on Schedule 7.14, the Company has no Subsidiaries and neither the Company nor any Subsidiary has any interest in any general or limited partnerships, but excluding solely tax partnerships and oil and gas joint ventures under joint operating agreements.
