Common use of Holding Companies Clause in Contracts

Holding Companies. The Borrower shall not (and shall ensure no other Group Member (other than the Operating Companies) will) trade, carry on any business, own any assets or incur any liabilities except for:

Appears in 7 contracts

Samples: Facility Agreement (Zhongpin Inc.), Facility Agreement (Fushi Copperweld, Inc.), Facility Agreement (China TransInfo Technology Corp.)

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Holding Companies. The Borrower No Obligor shall not (and the Borrower shall ensure no other Group Member (other than the Operating Companies) will) trade, carry on any business, own any assets or incur any liabilities except for:

Appears in 2 contracts

Samples: Facility Agreement (Sequoia Capital China I Lp), Facility Agreement (Chiu Na Lai)

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Holding Companies. 15.10.1 The Borrower shall not (and the Shareholders shall ensure no other Group Member (other than procure that the Operating Companies) willBorrower shall not) trade, carry on any business, own any assets or incur any liabilities except for:

Appears in 1 contract

Samples: Global Intercreditor Agreement (Atlatsa Resources Corp)

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