Inactive Subsidiaries. No Inactive Subsidiary (i) engages in any trade or business or owns any assets (other than Stock of their respective Subsidiaries) with a fair market value in the aggregate in excess of $10,000 or (ii) has outstanding or incurred any Indebtedness or Guaranteed Indebtedness.
Appears in 4 contracts
Samples: Credit Agreement (RadNet, Inc.), Credit Agreement (RadNet, Inc.), Credit Agreement (Primedex Health Systems Inc)
Inactive Subsidiaries. No Inactive Subsidiary (i) engages in any trade or business or owns any assets (other than shares of Capital Stock of their respective Subsidiaries) with a fair market value in any other Inactive Subsidiary), conducts any business or is the aggregate in excess of $10,000 or (ii) has outstanding or incurred obligor under any Indebtedness or Guaranteed Indebtednessother liabilities.
Appears in 2 contracts
Samples: Credit Agreement (Capital Environmental Resource Inc), Credit Agreement (Capital Environmental Resource Inc)
Inactive Subsidiaries. No Inactive Subsidiary (i) engages shall engage in any trade or business business, or owns own any assets (other than Stock of their respective Subsidiaries) with a fair market value in the aggregate in excess of $10,000 or (ii) has outstanding or incurred incur any Indebtedness or Guaranteed Indebtedness.
Appears in 1 contract
Samples: Credit and Security Agreement (Unapix Entertainment Inc)
