Common use of Subsidiaries; Partnerships Clause in Contracts

Subsidiaries; Partnerships. Each of the Guarantors is a direct or indirect wholly-owned Subsidiary of Borrower, and as of the date hereof, together with the Partnerships listed on Schedule 3, constitute all of the Subsidiaries of Borrower. Schedule 7.14.1, as the same may be amended from time to time to reflect transactions permitted by this Agreement, sets forth the outstanding shares of capital stock (or other ownership interests) and the name of each shareholder of each of the Subsidiaries of Borrower. All of the outstanding capital stock of Borrower and each of its Subsidiaries has been validly issued, is fully paid, and is nonassessable. Schedule 7.14.2, as the same may be amended from time to time to reflect transactions permitted by this Agreement, sets forth the outstanding partnership interests of the Partnerships owned by each of the Companies.

Appears in 3 contracts

Samples: Loan Agreement (Prime Medical Services Inc /Tx/), Loan Agreement (Prime Medical Services Inc /Tx/), Loan Agreement (Prime Medical Services Inc /Tx/)

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Subsidiaries; Partnerships. Each of the Guarantors is a direct or indirect wholly-owned Subsidiary of BorrowerGuarantor, and as of the date hereof, together with the Partnerships listed on Schedule 33 to the Prime Agreement, constitute all of the Subsidiaries of BorrowerGuarantor. Schedule 7.14.17.14.1 to the Prime Agreement, as the same may be amended from time to time to reflect transactions permitted by this Agreement, sets forth the outstanding shares of capital stock (or other ownership interests) and the name of each shareholder of each of the Subsidiaries of BorrowerGuarantor. All of the outstanding capital stock of Borrower Guarantor and each of its Subsidiaries has been validly issued, is fully paid, and is nonassessable. Schedule 7.14.27.14.2 to the Prime Agreement, as the same may be amended from time to time to reflect transactions permitted by this Guaranty Agreement, sets forth the outstanding partnership interests of the Partnerships owned by each of the Companies.

Appears in 1 contract

Samples: Guaranty Agreement (Prime Medical Services Inc /Tx/)

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Subsidiaries; Partnerships. Each of the Guarantors is a direct or indirect whollyWholly-owned Subsidiary of Borrower, and as of the date hereof, together with the Partnerships and other entities listed on Schedule 36.13, constitute all of the Subsidiaries of Borrower. Schedule 7.14.16.13, as the same may be amended from time to time to reflect transactions permitted by this Agreement, sets forth the outstanding shares of capital stock (or other ownership interests) and the name of each shareholder of each of the Subsidiaries of Borrower. All of the outstanding capital stock of Borrower and each of its Subsidiaries Company has been validly issued, is fully paid, and is nonassessable. Schedule 7.14.26.13, as the same may be amended from time to time to reflect transactions permitted by this Agreement, sets forth the outstanding partnership interests of the Partnerships owned by each of the Companies.

Appears in 1 contract

Samples: Credit Agreement (Prime Medical Services Inc /Tx/)

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