Common use of Subsidiaries; Corporate Structure Clause in Contracts

Subsidiaries; Corporate Structure. Schedule 4.11 sets forth, as of the Closing Date, (i) a list of all Subsidiaries of the Borrower and, as to each such Subsidiary, the jurisdiction of formation and the outstanding Equity Interests therein and the percentage of each class of such Equity Interests owned by the Borrower and its Subsidiaries, and (ii) an indication of such Subsidiaries of the Borrower that are Guarantors. The Equity Interests indicated as owned (or to be owned) by the Borrower and its Subsidiaries on Schedule 4.11 are fully paid and non-assessable, to the extent such concept is applicable thereto.

Appears in 4 contracts

Samples: Credit Agreement (Willbros Group, Inc.\NEW\), Credit Agreement (Willbros Group, Inc.\NEW\), Credit Agreement (Willbros Group, Inc.\NEW\)

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