Owned Subsidiaries. If requested by Agent in writing, Borrower shall prepare a Schedule 10.20A setting forth the maker and holder of such Subject Debt Instrument, the principal amount thereof and the payment terms thereof.
Owned Subsidiaries. Notwithstanding anything contained in this Agreement to the contrary, when determining the REIT’s or Borrower’s compliance with any financial covenant contained in any of the Loan Documents, only the REIT’s or, Borrower’s or CVOP I’s Equity Interest of the financial attributes of an Unconsolidated Affiliate or Subsidiary that is not a Wholly-Owned Subsidiary shall be included.
Owned Subsidiaries. Each Loan Party is the record and beneficial owner of, and has good and marketable title to, the Equity Interests pledged by it under the Security Documents, and as of the Closing Date, such Equity Interests are free of any and all Liens, rights or claims of other persons, except the security interest created by the Security Documents and any inchoate Liens of a type referred to in Section 6.02(a), (f), and (l) which do not secure obligations that are due and payable or delinquent. There are no outstanding warrants, options or other rights to purchase, or shareholder, voting trust or similar agreements outstanding with respect to, or property that is convertible into, or that requires the issuance or sale of, any such Equity Interests.
Owned Subsidiaries. Nothing herein shall be construed as preventing the amalgamation or merger of any wholly-owned direct or indirect subsidiary of Duke Energy with or into Duke Energy or the winding-up, liquidation or dissolution of any wholly-owned subsidiary of Duke Energy provided that all of the assets of such subsidiary are transferred to Duke Energy or another wholly-owned direct or indirect subsidiary of Duke Energy and any such transactions are expressly permitted by this Article 10.
