Common use of Operating Subsidiaries Clause in Contracts

Operating Subsidiaries. Those Subsidiaries of the Borrower that, at any time of reference, provide management, construction, design or other services (excluding any such Subsidiary which may provide any such services which are only incidental to that Subsidiary’s ownership of one or more Real Estate), and any successors or assigns of their respective businesses and/or assets which are Subsidiaries of the Borrower or MCRC.

Appears in 4 contracts

Samples: Credit Agreement (Mack Cali Realty L P), Credit Agreement (Mack Cali Realty L P), Term Loan Agreement (Mack Cali Realty L P)

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