Common use of Dormant Companies Clause in Contracts

Dormant Companies. Except as set forth in Schedule 5.21, no Dormant Company owns any Material assets or has any outstanding Indebtedness or other Material liabilities. The aggregate revenues and assets of the Dormant Companies are less than 1% of the aggregate revenue and assets of the Company and its Consolidated Subsidiaries.

Appears in 1 contract

Samples: Note Purchase Agreement (Crawford & Co)

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Dormant Companies. Except as set forth in on Schedule 5.214.17, no none of the Dormant Company owns Companies own any Material material assets or has any outstanding Indebtedness or other Material material liabilities. The aggregate revenues and assets of the Dormant Companies are less than 1% of the aggregate revenue revenues and assets of the Company Cxxxxxxx and its Consolidated SubsidiariesSubsidiaries on a consolidated basis.

Appears in 1 contract

Samples: Credit Agreement (Crawford & Co)

Dormant Companies. Except as set forth in on Schedule 5.214.17, no the Dormant Company owns does not own any Material material assets or has have any outstanding Indebtedness or other Material material liabilities. The aggregate revenues and assets of the Dormant Companies are Company is less than 1% of the aggregate revenue revenues and assets of the Company Parent and its Consolidated SubsidiariesSubsidiaries on a consolidated basis.

Appears in 1 contract

Samples: Canadian Revolving Credit Agreement (Ems Technologies Inc)

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Dormant Companies. Except as set forth in on Schedule 5.214.19, no the Dormant Company owns does not own any Material material assets or has have any outstanding Indebtedness or other Material material liabilities. The aggregate revenues and assets of the Dormant Companies are Company is less than 1% of the aggregate revenue revenues and assets of the Company Borrower and its Consolidated SubsidiariesSubsidiaries on a consolidated basis.

Appears in 1 contract

Samples: Revolving Credit Agreement (Ems Technologies Inc)

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