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 6.08, 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.

Appears in 7 contracts

Samples: Credit and Guaranty Agreement (RadNet, Inc.), Credit and Guaranty Agreement (RadNet, Inc.), Credit Agreement (RadNet, Inc.)

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Disposal of Subsidiary Interests. Except for any sale of all or a portion of its interests in the Equity Interests of any of its Restricted Subsidiaries in compliance with the provisions of Section 6.08, directly or indirectly sell, assign, pledge or otherwise encumber or dispose of any Equity Interests of any of its Restricted Subsidiaries, except except (a) as permitted under Section 6.02 and (b) pursuant to qualify directors if required by applicable lawthis Agreement and any other Loan Document (including any Security Document).

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Ascend Wellness Holdings, LLC), Credit and Guaranty Agreement

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 6.08, 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 or to foreign nationals in each case to the extent required by applicable lawLaws.

Appears in 1 contract

Samples: Term Loan and Guaranty Agreement (Neogenomics Inc)

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 6.08, directly Directly or indirectly sell, assign, pledge or otherwise encumber or dispose of any Equity Interests of any of its Material Subsidiaries, except (i) in the case of nominal shares issued to qualify local residents and directors if to the extent required by applicable lawlocal law or (ii) for Permitted Liens.

Appears in 1 contract

Samples: Amendment and Restatement Agreement (Altisource Portfolio Solutions S.A.)

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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 6.0811.4 or Section 11.5(n), directly or indirectly sell, assign, pledge or otherwise encumber or dispose of any Equity Interests Capital Stock of any of its SubsidiariesSubsidiary Guarantor or the Limited Subsidiary Guarantor, except to another Credit Party (subject to the restrictions on such dispositions otherwise imposed hereunder), or to qualify directors if required by applicable lawApplicable Law.

Appears in 1 contract

Samples: Credit Agreement (DynCorp International LLC)

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 6.08, directly 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.

Appears in 1 contract

Samples: Loan and Security Agreement (Horizon Pharma, Inc.)

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