Common use of Disposal of Subsidiary Interests Clause in Contracts

Disposal of Subsidiary Interests. Except for any sale of all of its interests in the Equity Interests of any of its Subsidiaries in compliance with the provisions of Section 6.8, no Credit Party shall, nor shall it permit any of its Subsidiaries to directly or indirectly sell, assign, pledge or otherwise encumber or dispose of any Equity Interests of any of its Subsidiaries, except to another Credit Party (subject to the restrictions on such disposition otherwise imposed hereunder), or to qualify directors if required by Applicable Law.

Disposal of Subsidiary Interests. Except for any sale of all of its interests in the Equity Interests of any of its Subsidiaries in compliance with the provisions of Section 6.8, no Credit Party shall, nor shall it permit any of its Subsidiaries to to, (a) directly or indirectly sell, assign, pledge or otherwise encumber or dispose of any Equity Interests of any of its Subsidiaries, except to qualify directors if required by applicable law; or (b) permit any of its Subsidiaries directly or indirectly to sell, assign, pledge or otherwise encumber or dispose of any Equity Interests of any of its Subsidiaries, except to another Credit Party (subject to the restrictions on such disposition otherwise imposed hereunder), or to qualify directors if required by Applicable Lawapplicable law.

Disposal of Subsidiary Interests. Except for any sale of all of its interests in the Equity Interests Capital Stock of any of its Subsidiaries in compliance with the provisions of Section 6.86.9, no Credit Party shall, nor shall it permit any of its Subsidiaries to to, directly or indirectly indirectly, sell, assign, pledge or otherwise encumber or dispose of any Equity Interests Capital Stock of any of its Subsidiaries, except to another Credit Party (subject to the restrictions on such disposition otherwise imposed hereunder), or to qualify directors Directors if required by Applicable Lawapplicable law.

Disposal of Subsidiary Interests. Except for any sale of all direct or indirect sale, assignment, pledge or other encumbrance or disposition of its interests in the Equity Interests of any of its Subsidiaries in compliance with the provisions of Section Sections 6.2, 6.6 and 6.8, no Credit Party shall, nor shall it permit any of its Subsidiaries to directly or indirectly sell, assign, pledge or otherwise encumber or dispose of any Equity Interests of any of its Subsidiaries, except to another Credit Party (subject to the restrictions on such disposition otherwise imposed hereunder), or to qualify directors if required by Applicable Law.

Disposal of Subsidiary Interests. Except for any sale of all of its interests in the Equity Interests Capital Stock of any of its Subsidiaries in compliance with the provisions of Section 6.8, no Credit Party shall, nor shall it permit any of its Subsidiaries to to, directly or indirectly indirectly, sell, assign, pledge or otherwise encumber or dispose of any Equity Interests Capital Stock of any of its Subsidiaries, except to another Credit Party (subject to the restrictions on such disposition otherwise imposed hereunder), or a) to qualify directors if required by Applicable Lawapplicable law, (b) for Permitted Priority Liens, (c) in connection with any Investments permitted by Section 6.6.

Disposal of Subsidiary Interests. Except for any sale of all of its interests in the Equity Interests of any of its Subsidiaries in compliance with the provisions of Section 6.8, no No Credit Party shall, nor shall it permit any of its Subsidiaries to to, (a) directly or indirectly sell, assign, pledge or otherwise encumber or dispose of any Equity Interests Capital Stock of any of its Subsidiaries, except to qualify directors if required by applicable law; or (b) directly or indirectly to sell, assign, pledge or otherwise encumber or dispose of any Capital Stock of any of its Subsidiaries, except to another Credit Party (subject to the restrictions on such disposition otherwise imposed hereunder), or to qualify directors if required by Applicable Lawapplicable law.

Disposal of Subsidiary Interests. Except for any sale of all of its interests in the Equity Interests of any of its Restricted Subsidiaries in compliance with the provisions of Section 6.88.10 and except for Liens securing the Obligations, no Credit Party shall, nor shall it permit any of its Restricted Subsidiaries to to, (a) directly or indirectly sell, assign, pledge or otherwise encumber or dispose of any Equity Interests of any of its Restricted Subsidiaries, except to another Credit Party (subject to the restrictions on such disposition otherwise imposed hereunder), or to qualify directors if required by Applicable Law.Laws; or

Disposal of Subsidiary Interests. Except for in connection with any sale of all of its interests in the Equity Interests of any of its Subsidiaries in compliance with the provisions of Section 6.86.8 or any Permitted Lien, no Credit Party shall, nor shall it permit any of its Subsidiaries to to, directly or indirectly sell, assign, pledge or otherwise encumber or dispose of any Equity Interests of any of its Subsidiaries, except to another Credit Party (i) subject to the restrictions on such disposition otherwise imposed hereunder)Section 6.6, to Borrower or any Subsidiary of Borrower or (ii) to qualify directors if required by Applicable Lawapplicable law.

Disposal of Subsidiary Interests. Except for any sale of all of its interests interest in the Equity Interests Capital Stock of any of its Subsidiaries in compliance with the provisions of Section 6.86.7, no Credit Party shall, nor shall it they permit any of its their respective Subsidiaries to to, directly or indirectly sell, assign, pledge or otherwise encumber or dispose of any Equity Interests Capital Stock of any of its their respective Subsidiaries (other than Unrestricted Subsidiaries), except to another Credit Party (subject to the restrictions on such disposition otherwise imposed hereunder), or to qualify directors if required by Applicable Lawapplicable law.

Disposal of Subsidiary Interests. Except for any sale of all of its interests in the Equity Interests of any of its Subsidiaries in compliance with the provisions of Section 6.88.8 and except for Liens securing the Obligations, no Credit Party shall, nor shall it permit any of its Subsidiaries to directly or indirectly sell, assign, pledge or otherwise encumber or dispose of any Equity Interests of any of its Subsidiaries, except to another Credit Party or any other Wholly-Owned Subsidiary of Holdings (subject to the restrictions on such disposition investments and dispositions otherwise imposed hereunder), or to qualify directors if required by Applicable LawLaws.

Disposal of Subsidiary Interests. Except for any sale of all of its interests in the Equity Interests Capital Stock of any of its Subsidiaries in compliance with the provisions of Section 6.8, no Credit Party shall, nor shall it permit any of its Subsidiaries to (a) directly or indirectly sell, assign, pledge or otherwise encumber or dispose of any Equity Interests Capital Stock of any of its Subsidiaries, except to another Credit Party (subject to the restrictions on such disposition otherwise imposed hereunder), or to qualify directors if required by Applicable Law.applicable

Disposal of Subsidiary Interests. Except for any sale of all of its interests in the Equity Interests of any of its Subsidiaries in compliance with Liens granted to Collateral Agent pursuant to the provisions of Credit Documents or as otherwise permitted pursuant to Section 6.86.9, no Credit Party shall, nor shall it permit any of its Subsidiaries to to, directly or indirectly sell, assign, pledge or otherwise encumber or dispose of any Equity Interests Capital Stock of any of its Subsidiaries, except to another Credit Party (subject to the restrictions on such disposition otherwise imposed hereunder), or to qualify directors if required by Applicable Lawapplicable law.

Disposal of Subsidiary Interests. Except for any sale of all alldirect or indirect sale, assignment, pledge or other encumbrance or disposition of its interests in the Equity Interests of any of its Subsidiaries in compliance with the provisions of Section SectionSections 6.2, 6.6 and 6.8, no Credit Party shall, nor shall it permit any of its Subsidiaries to directly or indirectly sell, assign, pledge or otherwise encumber or dispose of any Equity Interests of any of its Subsidiaries, except to another Credit Party (subject to the restrictions on such disposition otherwise imposed hereunder), or to qualify directors if required by Applicable Law.

Disposal of Subsidiary Interests. Except for any sale of all of its interests in the Equity Interests of any of its Subsidiaries in compliance with Liens granted to Collateral Agent pursuant to the provisions of Credit Documents or as otherwise permitted pursuant to Section 6.86.9(b), no Credit Party shall, nor shall it permit any of its Subsidiaries to to, directly or indirectly sell, assign, pledge or otherwise encumber or dispose of any Equity Interests Capital Stock of any of its Subsidiaries, except to another Credit Party (subject to the restrictions on such disposition otherwise imposed hereunder), or to qualify directors if required by Applicable Lawapplicable law.

Disposal of Subsidiary Interests. Except for in connection with any sale of all of its interests in the Equity Interests of any of its Subsidiaries in compliance with the provisions of Section 6.86.8 or any Permitted Lien, no Borrower Credit Party shall, nor shall it permit any of its Subsidiaries to to, directly or indirectly sell, assign, pledge or otherwise encumber or dispose of any Equity Interests of any of its Subsidiaries, except to another Credit Party (i) subject to the restrictions on such disposition otherwise imposed hereunder)Section 6.6, to Borrower or any Subsidiary of Borrower or (ii) to qualify directors if required by Applicable Lawapplicable law.