Examples of Holdco Entity in a sentence
Each of the Borrower and its Subsidiaries and each Holdco Entity manages and operates its business in all material respects in accordance with all applicable Legal Requirements, except where such failure to comply, either individually or in the aggregate, could not reasonably have a Material Adverse Effect.
None of the Borrower or any of its Subsidiaries or any Holdco Entity is an “investment company” or a company “controlled” by an “investment company” within the meaning of the Investment Company Act of 1940, as amended.
Each of its Subsidiaries and each Holdco Entity is in good standing and is qualified to do business in each jurisdiction where its ownership or lease of Property or the conduct of its business requires such qualification, except where the failure to be so qualified could not reasonably be expected to have a Material Adverse Effect.
The Borrower and each of its Subsidiaries and each Holdco Entity possesses all material authorizations, permits, licenses, patents, patent rights or licenses, trademarks, trademark rights, trade names rights and copyrights which are necessary to conduct the Business.
Except as set forth on Schedule 4.13, none of the Borrower, any of its Subsidiaries, or any Holdco Entity is in default under or with respect to any Material Contract to which the Borrower, any of its Subsidiaries, or any Holdco Entity is a party.
Each of its Subsidiaries and each Holdco Entity is a corporation, limited partnership or limited liability company duly formed or organized, as applicable, validly existing and in good standing under the laws of the state of its formation or organization, as applicable.
Such other information respecting the business or Properties, or the condition or operations, financial or otherwise, of the Borrower, any of its Subsidiaries, any Holdco Entity and any Partner, as the Administrative Agent or any Lender may from time-to-time reasonably request.
The Borrower will not, and will not permit any of its Subsidiaries or any Holdco Entity to, enter into any agreement (other than a Credit Document) which, except with respect to specific Property encumbered to secure payment of Debt related to such Property or otherwise, imposes restrictions greater than those under this Agreement upon the creation or assumption of any Lien upon its Properties, revenues or assets, whether now owned or hereafter acquired.
None of the Borrower, any of its Subsidiaries, or any Holdco Entity is a party to any indenture, loan or credit agreement or any lease or other agreement or instrument or subject to any charter or partnership restriction or provision of any Legal Requirement which could reasonably, individually or in the aggregate, be expected to have a Material Adverse Effect or which could affect the legality, validity, binding effect or enforceability of this Agreement, the Notes (if any), or any other Credit Document.
No Holdco Entity has any liability, including joint or subsidiary liability with other Persons (including other Holdco Entities), (i) as a result of the Reorganization, the transactions necessary to complete the Reorganization (including spin-offs) or otherwise or (ii) in connection with any Contract other than those listed in the Renova Disclosure Letters for the Phase I Agreements.