Common use of Additional Loan Parties/Security Clause in Contracts

Additional Loan Parties/Security. In each case subject to Permitted Exceptions, if, at any time on or after the Closing Date, any Loan Party creates or acquires a Subsidiary (other than an Excluded Subsidiary) or in some other fashion becomes the holder of any Equity Securities of a new Subsidiary (other than an Excluded Subsidiary), or, if any Excluded Subsidiary of a Loan Party is designated as, or becomes, a Material Subsidiary:

Appears in 2 contracts

Samples: Credit Agreement (Open Text Corp), Credit Agreement (Open Text Corp)

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Additional Loan Parties/Security. In each case subject to Permitted Exceptions, if, at any time on or after the Closing Effective Date, any Loan Party creates or acquires a Subsidiary (other than an Excluded Subsidiary) or in some other fashion becomes the holder of any Equity Securities of a new Subsidiary (other than an Excluded Subsidiary), or, if any Excluded Subsidiary of a Loan Party is designated as, or becomes, a Material Subsidiary:Subsidiary (any such event or occurrence, an “Additional Loan Party/Subsidiary Event”):

Appears in 2 contracts

Samples: Credit Agreement (Open Text Corp), Credit Agreement (Open Text Corp)

Additional Loan Parties/Security. In each case subject to Permitted Exceptions, if, at any time on or after the Closing Date, any Loan Party creates or acquires a Subsidiary (other than an Excluded Subsidiary) or in some other fashion becomes the holder of any Equity Securities of a new Subsidiary (other than an Excluded Subsidiary), or, if any Excluded Subsidiary of a Loan Party is designated as, or becomes, a Material Subsidiary:Subsidiary (any such event or occurrence, an “Additional Loan Party/Subsidiary Event”):

Appears in 1 contract

Samples: Credit Agreement (Open Text Corp)

Additional Loan Parties/Security. In each case subject to Permitted Exceptions, if, at any time on or after the Closing Effective Date, any Loan Party creates or acquires a Subsidiary (other than an Excluded Subsidiary) or in some other fashion becomes -92- the holder of any Equity Securities of a new Subsidiary (other than an Excluded Subsidiary), or, if any Excluded Subsidiary of a Loan Party is designated as, or becomes, a Material Subsidiary:Subsidiary (any such event or occurrence, an “Additional Loan Party/Subsidiary Event”):

Appears in 1 contract

Samples: Credit Agreement (Open Text Corp)

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Additional Loan Parties/Security. In each case subject to Permitted Exceptions, if, at any time on or after the Closing Effective Date, any Loan Party creates or acquires a Subsidiary (other than an Excluded Subsidiary) or in some other fashion becomes the holder of any Equity Securities of a new Subsidiary (other than an Excluded Subsidiary), or, if any Excluded Subsidiary of a Loan Party is designated as, or becomes, a Material Subsidiary:

Appears in 1 contract

Samples: Credit Agreement (Open Text Corp)

Additional Loan Parties/Security. In each case subject to Permitted Exceptions, if, at any time on or after the Closing Date, any Loan Party creates or acquires a Subsidiary (other than an Excluded Subsidiary) or in some other fashion becomes the holder of any Equity Securities of a new Subsidiary (other than an Excluded Subsidiary), or, if any Excluded Subsidiary of a Loan Party is designated as, or or, in the case of the Target and its Subsidiaries, becomes, a Material Subsidiary:

Appears in 1 contract

Samples: Credit Agreement (Open Text Corp)

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