Ownership of Credit Parties and Pledged Entities. If Borrower shall at any time fail to own and control the required percentage of the voting stock of any Guarantor, either directly or indirectly through a wholly-owned Subsidiary of Borrower;
Appears in 6 contracts
Samples: Line of Credit Agreement (Hughes Supply Inc), Revolving Credit Agreement (Hughes Supply Inc), Credit Agreement (Hughes Supply Inc)
Ownership of Credit Parties and Pledged Entities. If Borrower shall at any time fail to own and control the required percentage of the voting stock of any Guarantor, either directly or indirectly indi rectly through a wholly-owned Subsidiary of Borrower;
Appears in 2 contracts
Samples: Credit Agreement (Hughes Supply Inc), Revolving Credit Agreement (Hughes Supply Inc)
Ownership of Credit Parties and Pledged Entities. If Borrower shall at any time fail to own and control the required percentage of the voting stock of any Guarantor, either directly or indirectly through a wholly-owned Subsidiary of Borrower;, as of the date that Person became or was required to become a Guarantor.
Appears in 2 contracts
Samples: Credit and Term Loan Agreement (Solar Mates Inc), Term Loan Agreement (Serengeti Eyewear Inc)
Ownership of Credit Parties and Pledged Entities. If Borrower shall at any time fail to own and control the required percentage of the voting stock of any Guarantor, either directly or indirectly through a wholly-owned Wholly Owned Subsidiary of Borrower;
Appears in 1 contract
Samples: Credit Agreement (Office Depot Inc)
Ownership of Credit Parties and Pledged Entities. If ------------------------------------------------ Borrower shall at any time fail to own and control the required percentage of the voting stock of any Guarantor, either directly or indirectly through a wholly-owned Subsidiary of Borrower;
Appears in 1 contract
Samples: Credit Agreement (Hughes Supply Inc)
Ownership of Credit Parties and Pledged Entities. If Borrower shall at any time fail to own and control the required percentage of the voting stock of any GuarantorSignificant Subsidiary, either directly or indirectly through a wholly-owned Wholly Owned Subsidiary of Borrower;
Appears in 1 contract
