INVESTMENTS IN UNCONSOLIDATED AFFILIATES Sample Clauses

INVESTMENTS IN UNCONSOLIDATED AFFILIATES. Permit the aggregate amount of Investments of the Consolidated Group in Unconsolidated Affiliates to exceed 15% of Tangible Net Worth as of the last day of any fiscal quarter of Borrower.
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INVESTMENTS IN UNCONSOLIDATED AFFILIATES. We hold investments in various affiliates which we account for using the equity method of accounting. Summarized financial information for these investments is as follows: SIX MONTHS ENDED JUNE 30, 2001 DEEPWATER HOLDINGS(1) POSEIDON OTHER(2) TOTAL ----------- -------- -------- ------- OWNERSHIP INTEREST................................... 50% 36% 25.67% ======== ======= ====== (IN THOUSANDS) OPERATING RESULTS DATA Operating revenues................................. $ 28,040 $36,982 $1,982 Other income (loss)................................ -- 250 (85) Operating expenses................................. (8,640) (2,065) (590) Depreciation....................................... (5,632) (5,675) (953) Other expenses..................................... (4,779) (3,735) 222 Loss on sale....................................... (21,044) -- -- -------- ------- ------ Net income (loss).................................. $(12,055) $25,757 $ 576 ======== ======= ====== OUR SHARE Allocated (loss) income(3)......................... $(10,008) $ 9,273 $ 148 Adjustments(4)..................................... 75 177 (9) -------- ------- ------ Earnings (loss) from unconsolidated affiliates..... $ (9,933) $ 9,450 $ 139 $ (344) ======== ======= ====== ======= Allocated distributions............................ $ 6,850 $10,332 $ -- $17,182 ======== ======= ====== ======= SIX MONTHS ENDED JUNE 30, 2000 DEEPWATER HOLDINGS(1) POSEIDON OTHER(2) TOTAL ----------- -------- -------- -------
Sample 1
INVESTMENTS IN UNCONSOLIDATED AFFILIATES. We hold investments in various affiliates which we account for using the equity method of accounting. Summarized financial information for these investments is as follows: NINE MONTHS ENDED SEPTEMBER 30, 2000 ------------------------------------------------------------ MANTA RAY DEEPWATER OFFSHORE(A) NAUTILUS(A) HOLDINGS(B) POSEIDON TOTAL ----------- ----------- ----------- -------- -------
Sample 1
INVESTMENTS IN UNCONSOLIDATED AFFILIATES. We hold investments in various affiliates which we account for using the equity method of accounting. Summarized financial information for these investments are as follows: QUARTER ENDED MARCH 31, 2003 (IN THOUSANDS) DEEPWATER COYOTE GATEWAY POSEIDON TOTAL ------ --------- -------- ------
Sample 1

Related to INVESTMENTS IN UNCONSOLIDATED AFFILIATES

  • Investments in Real Estate Make any investment or commitment to invest in real estate or in any real estate development project (other than by way of foreclosure or acquisitions in a bona fide fiduciary capacity or in satisfaction of a debt previously contracted in good faith, in each case in the ordinary course of business consistent with past practice).

  • Subsidiaries; Equity Investments 4 2.7 Capitalization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 2.8

  • No Unconsolidated Entities There are no transactions, arrangements or other relationships between and/or among the Company, any of its affiliates (as such term is defined in Rule 405 of the Securities Act) and any unconsolidated entity, including, but not limited to, any structure finance, special purpose or limited purpose entity that could reasonably be expected to materially affect the Company’s liquidity or the availability of or requirements for its capital resources required to be described in the Disclosure Package and the Prospectus or a document incorporated by reference therein which have not been described as required.

  • Subsidiaries and Equity Investments The Company and its Subsidiaries do not directly or indirectly own, or hold any rights to acquire, any material capital stock or any other material securities, interests or investments in any other Person other than (a) their Subsidiaries or (b) investments that constitute cash or cash equivalents. No Subsidiary of the Company owns any shares of capital stock of the Company. There are no outstanding stock options, restricted stock units, restricted stock, stock appreciation rights, “phantom” stock rights, performance units, or other compensatory rights or awards (in each case, issued by the Company or any of its Subsidiaries) that are convertible into or exercisable for any capital stock of, or membership interests or other ownership interests in, any Subsidiary of the Company, on a deferred basis or otherwise or other rights that are linked to, or based upon, the value of any capital stock of, or membership interests or other ownership interests in, any Subsidiary of the Company.

  • Joint Ventures The joint venture or partnership arrangements in which the Company or the Partnership is a co-venturer or general partner which are established to acquire or hold Assets.

  • Investment Assets Those assets of the Fund as the Advisor and the Fund shall specify in writing, from time to time, including cash, stocks, bonds and other securities that the Advisor deposits with the Custodian and places under the investment supervision of the Sub-Advisor, together with any assets that are added at a subsequent date or which are received as a result of the sale, exchange or transfer of such Investment Assets.

  • Equity Ownership; Subsidiaries All issued and outstanding Capital Securities of each Loan Party are duly authorized and validly issued, fully paid, non-assessable, and (except with respect to the Company) free and clear of all Liens, and such securities were issued in compliance with all applicable state and federal laws concerning the issuance of securities. Schedule 9.8 sets forth the authorized Capital Securities of each Loan Party as of the Closing Date. All of the issued and outstanding Capital Securities of each Wholly-Owned Subsidiary is, directly or indirectly, owned by the Company and is set forth on Schedule 9.8. Except for certain Dormant Entities, the Company has no Subsidiaries that are not Wholly-Owned Subsidiaries. As of the Closing Date, except as set forth on Schedule 9.8, there are no pre-emptive or other outstanding rights, options, warrants, conversion rights or other similar agreements or understandings for the purchase or acquisition of any Capital Securities of any Loan Party.

  • Admission of the Corporation into a Consolidated Group; Transfers of Corporate Assets (a) If the Corporation is or becomes a member of an affiliated or consolidated group of corporations that files a consolidated income Tax Return pursuant to Section 1501 or other applicable Sections of the Code governing affiliated or consolidated groups, or any corresponding provisions of U.S. state or local law, then: (i) the provisions of this Agreement shall be applied with respect to the group as a whole; and (ii) Tax Benefit Payments, Early Termination Payments, and other applicable items hereunder shall be computed with reference to the consolidated taxable income of the group as a whole.

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