Common use of Subsidiary of Guarantor Clause in Contracts

Subsidiary of Guarantor. Debtor shall remain a wholly-owned Subsidiary of the Guarantor at all times throughout the term of this Agreement.

Appears in 2 contracts

Samples: Engine Loan and Security Agreement (Willis Lease Finance Corp), Engine Loan and Security Agreement (Willis Lease Finance Corp)

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Subsidiary of Guarantor. Debtor is a wholly-owned Subsidiary of the Guarantor and itself has no Subsidiaries, and Debtor shall remain a wholly-owned Subsidiary of the Guarantor at all times throughout the term of this Agreement.

Appears in 2 contracts

Samples: Engine Loan and Security Agreement (Willis Lease Finance Corp), Engine Loan and Security Agreement (Willis Lease Finance Corp)

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