EXCLUSION FOR ASSET TRANSFERS WITH WHOLLY OWNED SUBSIDIARIES Sample Clauses

EXCLUSION FOR ASSET TRANSFERS WITH WHOLLY OWNED SUBSIDIARIES. Notwithstanding anything to the contrary in this Article 6, this Article 6 will not apply to any transfer of assets between or among the Company and any one or more of its Wholly Owned Subsidiaries not effected by merger or consolidation.
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EXCLUSION FOR ASSET TRANSFERS WITH WHOLLY OWNED SUBSIDIARIES. Notwithstanding anything to the contrary in this Section 9.04(A), this Section 9.04(A) will not apply to any transfer of assets between or among any Subsidiary Guarantor and any one or more of its Wholly Owned Subsidiaries not effected by merger or consolidation.
EXCLUSION FOR ASSET TRANSFERS WITH WHOLLY OWNED SUBSIDIARIES. Notwithstanding anything to the contrary in this Article 6, this Article 6 will not apply to any transfer of assets between or among the Company and any one or more of its Wholly Owned Subsidiaries not effected by merger or consolidation. Article 7.
EXCLUSION FOR ASSET TRANSFERS WITH WHOLLY OWNED SUBSIDIARIES. Notwithstanding anything to the contrary in this Article 6, this Article 6 will not apply to any sale, lease, assignment, transfer, conveyance or other disposition of assets between or among the Company and any one or more of its Subsidiaries, including by way of merger or consolidation (except that, in the case of a merger or consolidation between the Company and any one or more of its Subsidiaries, the Person formed by or surviving such transaction must be a corporation duly organized and existing under the laws of the United States of America, any State thereof or the District of Columbia).

Related to EXCLUSION FOR ASSET TRANSFERS WITH WHOLLY OWNED SUBSIDIARIES

  • Financial Attributes of Non-Wholly Owned Subsidiaries When determining the Applicable Margin and compliance by the Borrower with any financial covenant contained in any of the Loan Documents, only the Ownership Share of the Borrower of the financial attributes of a Subsidiary that is not a Wholly Owned Subsidiary shall be included when including financial information from a Subsidiary that is not a Wholly Owned Subsidiary.

  • Subsidiaries; Equity Interests The Parent does not own, directly or indirectly, any capital stock, membership interest, partnership interest, joint venture interest or other equity interest in any person.

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