Non-Guarantor Subsidiaries. The Company will not at any time permit the sum of the consolidated assets of all of the Company’s Subsidiaries which are not Subsidiary Guarantors (the non-guarantor Subsidiaries being referred to collectively as the “Non-Obligor Subsidiaries”) to exceed twenty percent (20%) of the Company’s and its Subsidiaries consolidated assets. For the avoidance of doubt, Excluded Joint Ventures shall be disregarded for purposes of this Section 7.15.
Non-Guarantor Subsidiaries. 2.01 Commitments and Applicable Percentages
Non-Guarantor Subsidiaries. Schedule 7.1(x) is, as of the Agreement Date, a complete and correct list of all Subsidiaries which are not required to become a Guarantor as of the Agreement Date, setting forth for each such Person, the correct legal name of such Person, the type of legal entity which each such Person is, all equity interests in such Person held directly or indirectly by the Parent and the reason such Subsidiary is not required to become a Guarantor as of the Agreement Date.
Non-Guarantor Subsidiaries. Subject to the grace period set forth in Section 7.2(K)(c)(i), the Borrower will not at any time permit the aggregate assets of all of the Borrower’s domestic consolidated Subsidiaries (other than the SPVs) which are not Subsidiary Guarantors to exceed ten percent (10%) of Consolidated Domestic Assets of the Borrower and its consolidated Subsidiaries (other than the SPVs). The Borrower shall not permit any of its Subsidiaries (including non-domestic Subsidiaries) to guaranty any Indebtedness of the Borrower for which the Borrower is a primary obligor (other than solely as a guarantor of obligations of its Affiliates or other third parties) other than the Indebtedness hereunder unless each such Subsidiary is a Subsidiary Guarantor under the Subsidiary Guaranty.
Non-Guarantor Subsidiaries. Except as otherwise disclosed in the Time of Sale Prospectus and the Prospectus, no Subsidiary (A) is a guarantor of any Indebtedness (as defined in the Indenture) of the Company that, when taken together with any other outstanding Indebtedness of the Company that is guaranteed by its Subsidiaries that are not Subsidiary Guarantors (as defined in the Indenture), exceeds $50 million in the aggregate at any time, or (B) has incurred any Indebtedness that is not permitted pursuant to Section 1011 of the Indenture.
Non-Guarantor Subsidiaries. Entity Direct Owner(s) % Owned by U.S. Borrower (indirectly or directly) % Owned by Holdings (indirectly or directly) other than through U.S. Borrower CCFH Maui LLC** HMT Lessee Sub IV LLC 100 0 CCFS Atlanta LLC** HMT Lessee Sub I LLC 100 0 CCFS Philadelphia LLC** HMT Lessee Sub IV LLC 100 0 CCHH Atlanta LLC** HMT Lessee Sub III LLC 100 0 CCHH Burlingame LLC** HMT Lessee Sub IV LLC 100 0 CCHH Cambridge LLC** HMT Lessee Sub IV LLC 100 0 CCHH Host Capitol Hill LLC ** HST Lessee Sub I LLC 100 0 CCHH Maui LLC** HMT Lessee Sub III LLC 100 0 CCHH Reston LLC** HMT Lessee Sub II LLC 100 0 CCHI Singer Island LLC** HMT Lessee Sub II LLC 100 0 CCMH Atlanta Marquis LLC** HMT Lessee Sub (Atlanta) LLC 100 0 CCMH Atlanta Suites LLC** HMT Lessee Sub III LLC 100 0 CCMH Chicago CY LLC** HMT Lessee Sub III LLC 100 0 CCMH Xxxxxx LLC** HMT Lessee Sub I LLC 100 0 CCMH Coronado LLC** HMT Lessee Sub II LLC 100 0 CCMH Costa Mesa Suites LLC** HMT Lessee Sub III LLC 100 0 CCMH DC LLC** HMT Lessee Sub I LLC 100 0 CCMH Denver SE LLC** HMT Lessee Sub III LLC 100 0 CCMH Denver Tech LLC** HMT Lessee Sub IV LLC 100 0 CCMH Denver West LLC** HMT Lessee Sub II LLC 100 0 CCMH Diversified LLC** HMT Lessee Sub IV LLC 100 0 CCMH Xxxxxx’x Grove Suites LLC** HMT Lessee Sub IV LLC 100 0 CCMH Dulles AP LLC** HMT Lessee Sub I LLC 100 0 CCMH Dulles Suites LLC** HMT Lessee Sub III LLC 100 0 CCMH Fin Center LLC** HMT Lessee Sub I LLC 100 0 CCMH Fisherman’s Wharf LLC** HMT Lessee Sub III LLC 100 0 CCMH Gaithersburg LLC** HMT Lessee Sub I LLC 100 0 CCMH Hanover LLC** HMT Lessee Sub I LLC 100 0 CCMH Houston AP LLC** HMT Lessee Sub III LLC 100 0 CCMH Houston Galleria LLC** HMT Lessee Sub I LLC 100 0 CCMH IHP LLC** HMT Lessee Sub I LLC 100 0 CCMH Kansas City AP LLC** HMT Lessee Sub III LLC 100 0 CCMH Key Bridge LLC** HMT Lessee Sub III LLC 100 0 CCMH Lenox LLC** HMT Lessee Sub II LLC 100 0 CCMH Manhattan Beach LLC** HMT Lessee Sub IV LLC 100 0 CCMH Marina LLC** HMT Lessee Sub IV LLC 100 0
Non-Guarantor Subsidiaries. Notwithstanding any other provision of this Credit Agreement, the Credit Parties shall prohibit any Non-Guarantor Subsidiary from (a) forming or acquiring any new Subsidiary, (b) incurring any new Indebtedness other than Indebtedness in respect of current accounts payable and accrued expenses incurred in the ordinary course of business, (c) purchasing or acquiring any new assets or (d) incurring any change in its ownership.
Non-Guarantor Subsidiaries. (a) Each Domestic Subsidiary of the Parent (other than Dollar, Thrifty and any SPC) that
Non-Guarantor Subsidiaries. (i) The Parent Guarantor shall not permit any of its Subsidiaries that are not Guarantors (“Non-Guarantor Subsidiaries”) to, directly or indirectly:
Non-Guarantor Subsidiaries. The Borrower will not at any time permit the aggregate assets of all of the Borrower’s domestic consolidated Subsidiaries (other than the SPVs) which are not Subsidiary Guarantors to exceed ten percent (10%) of Consolidated Domestic Assets of the Borrower and its consolidated Subsidiaries (other than the SPVs). The Borrower shall not permit any of its Subsidiaries (including non-domestic Subsidiaries) to guaranty any Indebtedness of the Borrower other than the Indebtedness hereunder unless each such Subsidiary is a Subsidiary Guarantor under the Subsidiary Guaranty.
