Subsidiaries; Investments. Borrower does not own any stock, partnership interest or other equity securities except for Permitted Investments.
Subsidiaries; Investments. No Loan Party has any Subsidiaries, except as noted on the Perfection Certificate or as disclosed to Administrative Agent pursuant to Section 6.11 below. No Loan Party owns any stock, partnership, or other ownership interest or other Equity Interests except for Permitted Investments.
Subsidiaries; Investments. Each Company's subsidiaries and ------------------------- investments in any other corporation or business entity are listed in Schedule -------- 2.04 attached hereto (collectively, the "Subsidiaries" and, individually, each a ---- "Subsidiary"). Except as set forth in Schedule 2.04 attached hereto, each ------------- Subsidiary is a duly organized, validly existing corporation or other business entity in good standing under the laws of the jurisdiction of its incorporation or formation with full power and authority to own or lease its properties and to conduct its business in the manner and in the places where such properties are owned or leased or such business is currently conducted or proposed to be conducted. Except as disclosed in Schedule 2.04 attached hereto, all of the ------------- outstanding shares of capital stock of each Subsidiary are owned beneficially and of record by the relevant Company, free of any lien, restriction or encumbrance and said shares have been duly and validly issued and are outstanding, fully paid and nonassessable. The copies of each of the Subsidiaries' Articles of Incorporation and by-laws, or other organizational documents, each as amended to date, and heretofore delivered to Buyer's counsel, are complete and correct, and no amendments thereto are pending. None of the Subsidiaries is in violation of any term of its Articles of Incorporation or by- laws (or comparable organizational documents). Each Subsidiary is duly qualified to do business as a foreign corporation in each jurisdiction where (i) such Subsidiary conducts business and (ii) the laws of such jurisdiction require such qualification, and it is not required to be licensed or qualified to conduct its business or own its property in any other jurisdiction. Except as disclosed in Schedule 2.04 attached hereto, (A) there are no outstanding ------------- warrants, options or other rights to purchase or acquire any of the shares of capital stock or other ownership interests of any Subsidiary, or any outstanding securities convertible into such shares or outstanding warrants, options or other rights to acquire any such convertible securities, (B) there are no restrictions on the transfer of any Subsidiaries' capital stock or other ownership interests, and (C) no capital stock or other ownership interest of any Subsidiary has been issued in violation of any foreign, federal, state or local law.
Subsidiaries; Investments. The Borrower has no Subsidiaries or equity investments or any interest in any other Person other than portfolio securities (including investment company securities) which may have been acquired in the ordinary course of business.
Subsidiaries; Investments. 22 5.15. Full Disclosure..................................................................22 5.16.
Subsidiaries; Investments. The Company does not own or hold any shares of stock or any other security or interest in any other Person or any rights to acquire any such security or interest, and the Company has never had any Subsidiary.
Subsidiaries; Investments. Neither Borrower nor any of its Subsidiaries owns any stock, partnership interest or other equity securities except for Permitted Investments.
Subsidiaries; Investments. 15 4.4 Absence of Conflicts............................................... 15 4.5
Subsidiaries; Investments. If not a Designated Parent Borrower, such Borrower, or to the extent such Borrower is a series of a Delaware LLC, a Trust or a Maryland corporation, such Delaware LLC, such Trust or such Maryland corporation on behalf of such Borrower, has no Subsidiaries and no equity investments or any interest in any other Person other than portfolio securities (including investment company securities) which may have been acquired in the ordinary course of business. If a Designated Parent Borrower, such Borrower, or to the extent such Borrower is a series of a Delaware LLC, a Trust or a Maryland corporation, such Delaware LLC, such Trust or such Maryland corporation on behalf of such Borrower, (i) has no Subsidiaries and no equity investments or any interest in any other Person other than (a) portfolio securities (including investment company securities) which may have been acquired in the ordinary course of business and (b) its Designated Subsidiaries and (ii) holds all of the issued and outstanding shares of stock of its Designated Subsidiaries free of any Lien except as may be permitted by Section 5.12.
Subsidiaries; Investments. 46 6.4 Authorization; No Breach ......................................................... 46 6.5
