Common use of Subsidiaries; Non-Related Liabilities Clause in Contracts

Subsidiaries; Non-Related Liabilities. The Company directly owns 100% of the Membership Interests in the Facility Company free and clear of all Encumbrances other than Permitted Encumbrances of the type described in clauses (d) and (n) of such term’s definition. The Company has no, and has never had, any Assets or any liabilities which do not arise from or otherwise relate to the ownership or operation of the Facility Company or the ownership or operation of the Facilities. The Facility Company has no, and has never had, any Assets or any liabilities that do not arise from or otherwise relate to the ownership or operation of the Facilities. The Facility Company has no, and has never had any, subsidiaries.

Appears in 6 contracts

Samples: Equity Capital Contribution Agreement (Bloom Energy Corp), Interparty Agreement (Bloom Energy Corp), Equity Capital Contribution Agreement (Bloom Energy Corp)

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