Examples of Controlled Investment Affiliate in a sentence
To the Borrowers’ knowledge, there is no proposed tax assessment against any Loan Party, any Subsidiary or any Controlled Investment Affiliate that would, if made, have a Material Adverse Effect.
The Borrowers have disclosed to the Administrative Agent and the Lenders the existence of all agreements, instruments and corporate or other restrictions to which any Loan Document Party, any Subsidiary or any Controlled Investment Affiliate is subject, and all other matters known to it, that, individually or in the aggregate, is reasonably expected to result in a Material Adverse Effect.
To the Guarantor’s knowledge, there is no proposed tax assessment against any of the Guarantor or any Subsidiary or any Controlled Investment Affiliate that would, if made, have a Material Adverse Effect.
Except as is not reasonably expected to have a Material Adverse Effect, each Loan Party, each Subsidiary and each Controlled Investment Affiliate owns, or possesses the right to use, all of the trademarks, service marks, trade names, copyrights, patents, patent rights, franchises, licenses and other intellectual property rights (collectively, “IP Rights”) that are reasonably necessary for the operation of their respective businesses, without conflict with the rights of any other Person.
At the request of the Administrative Agent (but no more often than once in any 12 month period, unless an Event of Default exists or any insurance required hereunder is due to expire or has expired), each Borrower shall, and shall cause each other Loan Party, each Subsidiary and each Controlled Investment Affiliate to, deliver to the Administrative Agent a certificate of all insurance required hereunder then in force.