Common use of Special Purpose Corporation Clause in Contracts

Special Purpose Corporation. Holdings has no significant assets --------------------------- (other than the capital stock of the U.S. Borrower, U.S. Borrower Subordinated Notes issued to it from time to time in accordance with the terms of this Agreement and immaterial assets used for the performance of those activities permitted to be performed by Holdings pursuant to Section 8.01(b)) or liabilities (other than under this Agreement and the other Credit Documents, those liabilities under the other Documents and Xxxxxx Acquisition Documents to which it is a party, those liabilities permitted to be incurred by Holdings pursuant to Section 8.01(b) and, as and when issued from time to time in accordance with the terms of this Agreement, Xxxxxx XXX Notes, Permitted Holdings PIK Securities and Shareholder Subordinated Notes).

Appears in 1 contract

Samples: Credit Agreement (Dade Behring Inc)

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Special Purpose Corporation. Holdings has no significant assets --------------------------- (other than the capital stock of the U.S. Borrower, U.S. Borrower Subordinated Notes issued to it from time to time in accordance with the terms of this Agreement and immaterial assets used for the performance of those activities permitted to be performed by Holdings pursuant to Section 8.01(b), and Borrower Subordinated Notes) or liabilities (other than under this Agreement and the other Credit Documents, those liabilities (if any) under the other Documents, liabilities under the other Documents and Xxxxxx Acquisition Documents to which it is a partyDDO Lease, those liabilities permitted to be incurred by Holdings pursuant to Section 8.01(b), Indebtedness permitted to be incurred by Holdings pursuant to Sections 8.04(p) and 8.04(s) and, as and when issued from time to time in accordance with the terms of this Agreement, Xxxxxx XXX Notes, Permitted Holdings PIK Securities Securities, Permitted Subordinated Indebtedness and Shareholder Subordinated Notes).

Appears in 1 contract

Samples: Credit Agreement (Nutraceutical International Corp)

Special Purpose Corporation. Holdings has no significant assets --------------------------- (other than the capital stock of the U.S. Borrower, U.S. Borrower Subordinated Notes issued to it from time to time in accordance with the terms of this Agreement and immaterial assets used for the performance of those activities permitted to be performed by Holdings pursuant to Section 8.01(b)) or liabilities (other than under this Agreement and the other Credit Documents, those liabilities under the other Documents and Xxxxxx Baxter Acquisition Documents to which Documentx xx xhich it is a party, those liabilities permitted to be incurred by Holdings pursuant to Section 8.01(b) and, as and when issued from time to time in accordance with the terms of this Agreement, Xxxxxx XXX Baxter PIK Notes, Permitted Holdings PIK Hoxxxxxx XXX Securities and Shareholder Subordinated Notes).

Appears in 1 contract

Samples: Credit Agreement (Dade Behring Inc)

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Special Purpose Corporation. Holdings has no significant assets --------------------------- (other than the capital stock of the U.S. Borrower, U.S. Borrower Subordinated Notes issued to it from time to time in accordance with the terms of this Agreement and immaterial assets used for the performance of those activities permitted to be performed by Holdings pursuant to Section 8.01(b)) or liabilities liabil ities (other than under this Agreement and the other Credit Documents, those liabilities under the other Documents and Xxxxxx Acquisition Documents to which it is a party, those liabilities permitted to be incurred by Holdings pursuant to Section 8.01(b) and, as and when issued from time to time in accordance with the terms of this Agreement, Xxxxxx XXX Notes, Permitted Holdings PIK Securities and Shareholder Subordinated Notes).

Appears in 1 contract

Samples: Credit Agreement (Dade International Inc)

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