Common use of Disposal of Subsidiary Interests Clause in Contracts

Disposal of Subsidiary Interests. Permit any Wholly-Owned US Subsidiary that is a Restricted Subsidiary to be a non-Wholly-Owned Subsidiary except as a result of or in connection with a dissolution, merger, amalgamation, consolidation or disposition permitted by Section 10.4 or 10.5.

Appears in 4 contracts

Samples: Term Loan Credit Agreement (Beacon Roofing Supply Inc), Term Loan Credit Agreement (Beacon Roofing Supply Inc), Term Loan Credit Agreement (Beacon Roofing Supply Inc)

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Disposal of Subsidiary Interests. Permit any Wholly-Owned US Subsidiary that is a Restricted Subsidiary existing as of the date hereof to be a non-Wholly-Owned Subsidiary except as a result of or in connection with a dissolution, merger, amalgamation, consolidation or disposition permitted by Section 10.4 9.4 or 10.59.5, except in connection with the grant of the Permitted Drum Equity to officers, directors or employees.

Appears in 4 contracts

Samples: Credit Agreement (Centuri Holdings, Inc.), Credit Agreement (Centuri Holdings, Inc.), Credit Agreement (Southwest Gas Corp)

Disposal of Subsidiary Interests. Permit any Wholly-Owned US Subsidiary that is a Restricted Subsidiary existing as of the date hereof to be a non-Wholly-Owned Subsidiary except as a result of or in connection with a dissolution, merger, amalgamation, consolidation or disposition permitted by Section 10.4 9.4 or 10.59.5.

Appears in 1 contract

Samples: Credit Agreement (Southwest Gas Corp)

Disposal of Subsidiary Interests. Permit any Wholly-Owned US Subsidiary that is a Restricted Subsidiary existing as of the date hereof (other than IntelliChoice Energy, LLC and the Canadian Borrower) to be a non-Wholly-Owned Subsidiary except as a result of or in connection with a dissolution, merger, amalgamation, consolidation or disposition permitted by Section 10.4 9.4 or 10.59.5.

Appears in 1 contract

Samples: Credit Agreement (Southwest Gas Corp)

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Disposal of Subsidiary Interests. Permit any Wholly-Wholly-- Owned US Subsidiary that is a Restricted Subsidiary to be a non---Wholly---Owned Subsidiary except as a result of or in connection with a dissolution, merger, amalgamation, consolidation or disposition permitted by Section 10.4 or 10.5.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Beacon Roofing Supply Inc)

Disposal of Subsidiary Interests. Permit any Wholly-Owned US Subsidiary that is a Restricted Subsidiary existing as of the date hereof to be a non-Wholly-Owned Subsidiary except as a result of or in connection with a dissolution, merger, amalgamation, consolidation or disposition permitted by Section 10.4 9.4 or 10.5.9.5, except in connection with the grant of the Permitted Drum Equity to officers, directors or employees. 146960219_6

Appears in 1 contract

Samples: Credit Agreement (Southwest Gas Corp)

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