Common use of Creation of Subsidiaries Clause in Contracts

Creation of Subsidiaries. The Company shall not, and shall not suffer or permit any of its Subsidiaries or any Permitted Partnership to, (i) form any additional Subsidiaries other than wholly-owned Subsidiaries, or (ii) enter into any additional partnership, joint venture or similar business arrangement with any Person except a Permitted Partnership whose assets, when combined with the aggregate assets of all other Permitted Partnerships, do not exceed twenty percent (20%) of the consolidated assets of the Company and any Permitted Partnerships. 7.9

Creation of Subsidiaries. The Company shall not, and shall not suffer or permit any of its Subsidiaries or any Permitted Partnership to, (i) form any additional Subsidiaries other than wholly-owned Subsidiaries, or (ii) enter into any additional partnership, joint venture or similar business arrangement with any Person except a Permitted Partnership whose assets, when combined with the aggregate assets of all other Permitted Partnerships, do not exceed twenty percent (20%) of the consolidated assets of the Company Company, its consolidated subsidiaries and any Permitted Partnerships. 7.9

Creation of Subsidiaries. The Company shall not, and shall not suffer or permit any of its Subsidiaries or any Permitted Partnership to, (i) form any additional Subsidiaries other than wholly-wholly- owned Subsidiaries, or (ii) enter into any additional partnership, joint venture or similar business arrangement with any Person except a Permitted Partnership whose assets, when combined with the aggregate assets of all other Permitted Partnerships, do not exceed twenty percent (20%) of the consolidated assets of the Company and any Permitted Partnerships. 7.9

Creation of Subsidiaries. The Company shall not, and shall not suffer or permit any of its Subsidiaries or any Permitted Partnership to, (i) form any additional Subsidiaries other than wholly-owned Subsidiaries, or (ii) enter into any additional partnership, joint venture or similar business arrangement with any Person except a Permitted Partnership partnership, limited liability company or joint venture whose assets, when combined with the aggregate assets of all other Permitted Partnershipssuch partnerships, limited liability companies and joint ventures, do not exceed twenty percent (20%) of the consolidated assets Gross Asset Value of the Company and any Permitted PartnershipsCompany. 7.9

Creation of Subsidiaries. The Company shall not, and shall not suffer or permit any of its Subsidiaries or any Permitted Partnership to, (ia) form any additional Subsidiaries other than wholly-owned Subsidiaries, or (iib) enter into any additional partnership, joint venture or similar business arrangement with any Person except a Permitted Partnership partnership, limited liability company or joint venture whose assets, when combined with the aggregate assets of all other Permitted Partnershipssuch partnerships, limited liability companies and joint ventures, do not exceed twenty ten percent (2010%) of the consolidated assets Gross Asset Value of the Company and any Permitted Partnerships. 7.9Company.