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Limitations on Activities by Holdings Sample Clause

Description: In the holding company context the company will want to control the activities of its holdings. This sample clause limits the holdings to activities authorized by the holdings documents.
Form Type: Contract Clauses
Practice Area: Corporate & Securities

Date: Nov 2014
PLI Item #: 129613
Keywords: "limitations on activities"; "activities by holdings"; holdings; "holdings pledge agreement"; "registration rights agreement"; "common stockholders agreement"; "ministerial activities"; "payment of taxes"; debt; securities
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