Common use of Disposal of Subsidiary Interests Clause in Contracts

Disposal of Subsidiary Interests. The Borrower will not permit any Material Subsidiary to be a non-Wholly-Owned Subsidiary except (a) as a result of or in connection with a dissolution, merger, amalgamation, consolidation or disposition permitted by Section 11.4 or 11.5 or (b) so long as such Material Subsidiary continues to be a Subsidiary Guarantor.

Appears in 3 contracts

Samples: Credit Agreement (Amerigas Partners Lp), Credit Agreement (Amerigas Partners Lp), Guaranty Agreement (Amerigas Partners Lp)

AutoNDA by SimpleDocs

Disposal of Subsidiary Interests. The Borrower will not permit any Material Domestic Subsidiary (other than an Excluded Subsidiary) to be a non-Wholly-Owned Subsidiary except (a) as a result of or in connection with a dissolution, merger, amalgamation, consolidation or disposition permitted by Section 11.4 9.4 or 11.5 9.5 or (b) so long as such Material Domestic Subsidiary continues to be a Subsidiary GuarantorGuarantor to the extent required by this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Cirrus Logic Inc), Credit Agreement (Cirrus Logic Inc)

Disposal of Subsidiary Interests. The Borrower will not permit any Material Subsidiary to be a non-Wholly-Owned Subsidiary except (a) as a result of or in connection with a dissolution, merger, amalgamation, consolidation or disposition permitted by Section 11.4 10.4 or 11.5 10.5 or (b) so long as such Material Subsidiary continues to be a Subsidiary Guarantor.

Appears in 2 contracts

Samples: Credit Agreement (Amerigas Partners Lp), Credit Agreement (Amerigas Partners Lp)

Disposal of Subsidiary Interests. The Borrower will not permit any Material Domestic Subsidiary to be a non-Wholly-Owned Subsidiary except (a) as a result of or in connection with a dissolution, merger, amalgamation, consolidation or disposition permitted by Section 11.4 7.4 or 11.5 7.5 or (b) so long as such Material Domestic Subsidiary continues to be a Subsidiary Guarantor.

Appears in 2 contracts

Samples: Credit Agreement (Kronos Worldwide Inc), Credit Agreement (Kronos Worldwide Inc)

Disposal of Subsidiary Interests. The Borrower will not permit any Material Subsidiary to be a non-Wholly-Owned Subsidiary except (a) as a result of or in connection with a dissolution, merger, amalgamation, consolidation or disposition permitted by Section 11.4 8.4 or 11.5 8.5 or (b) so long as such Material Subsidiary continues to be a Subsidiary Guarantor.

Appears in 2 contracts

Samples: Credit Agreement (Macquarie Infrastructure Corp), Credit Agreement (Macquarie Infrastructure CO LLC)

AutoNDA by SimpleDocs

Disposal of Subsidiary Interests. The Borrower will not permit any Material Domestic Subsidiary (other than IntelliChoice Energy, LLC) to be a non-Wholly-Owned Subsidiary Subsidiary, except (a) as a result of or in connection with a dissolution, merger, amalgamation, consolidation or disposition permitted by Section 11.4 9.4 or 11.5 or (b) so long as such Material Subsidiary continues to be a Subsidiary Guarantor9.5.

Appears in 1 contract

Samples: Credit Agreement (Southwest Gas Corp)

Disposal of Subsidiary Interests. The Borrower will not permit any Material Subsidiary to be a non-Wholly-Owned Subsidiary except (a) as a result of or in connection with a dissolution, merger, amalgamation, consolidation or disposition permitted by Section 11.4 10.4 or 11.5 10.5 or (b) so long as such Material Subsidiary continues to be a Subsidiary Guarantor.. Section 10.14

Appears in 1 contract

Samples: Credit Agreement (Ugi Corp /Pa/)

Time is Money Join Law Insider Premium to draft better contracts faster.