Excluded Entities definition
Examples of Excluded Entities in a sentence
Knowingly take or omit to take any action if the effect of such action or omission could reasonably be expected to materially decrease the value of the equity interests in one or more Excluded Entities.
Except as otherwise permitted under Section 5.03, all income and other material Tax returns and reports of any Loan Party or any of its Subsidiaries (excluding the Excluded Entities) required to be filed by any of them have been timely filed, and all material Taxes shown as due and payable on such Tax returns have been paid when due and payable.
Each reference in this Section 6.06 to a “Subsidiary” or “Subsidiaries” shall exclude the Excluded Entities.
No Loan Party nor any of its Subsidiaries (excluding the Excluded Entities) is engaged in any unfair labor practice that could reasonably be expected to have a Material Adverse Effect.
No Loan Party shall, nor shall it permit any of its Subsidiaries (excluding the Excluded Entities) to, directly or indirectly, make or own any Investment in any Person, including, without limitation, any Joint Venture, except any Loan Party or any Subsidiary (excluding the Excluded Entities) thereof may make or own Permitted Investments.