Common use of Equity Interests of Subsidiaries Clause in Contracts

Equity Interests of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, create, incur, assume or suffer to exist any Lien on any Equity Interests of any Subsidiary of the Borrower, except for Permitted Liens.

Appears in 5 contracts

Samples: Credit Agreement (Joy Global Inc), Bridge Loan Agreement (Joy Global Inc), Credit Agreement (Joy Global Inc)

AutoNDA by SimpleDocs

Equity Interests of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, create, incur, assume or suffer to exist any Lien on any Equity Interests of any Subsidiary of the Borrower that are owned by a Subsidiary or the Borrower, except for Permitted Liens.

Appears in 2 contracts

Samples: Credit Agreement (Joy Global Inc), Credit Agreement (Joy Global Inc)

AutoNDA by SimpleDocs

Equity Interests of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (i) permit any Subsidiary of the Borrower to issue or have outstanding any shares of preferred Equity Interests or (ii) create, incur, assume or suffer to exist any Lien on any Equity Interests of any Subsidiary of the Borrower, except for Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Joy Global Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!