Common use of Excluded Foreign Subsidiaries Clause in Contracts

Excluded Foreign Subsidiaries. Permit any Excluded Foreign Subsidiary to (a) have or acquire any assets, (b) incur any liabilities with recourse to any Borrower or Guarantor, or (c) engage in any other activity or business of any kind other than the dissolution thereof.

Excluded Foreign Subsidiaries. Permit any Excluded Foreign Subsidiary to (ai) have or acquire any assets, (bii) incur any liabilities with recourse to any Borrower or GuarantorLoan Party, or (ciii) engage in any other activity or business of any kind other than the dissolution thereof.