Common use of Dormant Companies Clause in Contracts

Dormant Companies. it will ensure that each of the Dormant Companies remains dormant and promptly notify the Agent of any proposal for any of such companies to recommence trading, which they shall not be permitted to do unless Ideal has received the prior written consent of the Agent;

Appears in 3 contracts

Samples: Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc)

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Dormant Companies. it will ensure that each of the Dormant Companies remains dormant and promptly notify the Agent of any proposal for any of such companies to recommence trading, which they shall not be permitted to do unless Ideal has received the prior written consent of the Agent;.

Appears in 1 contract

Samples: Credit Agreement (Bell Microproducts Inc)

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