Common use of Exclusion of Immaterial Subsidiaries Clause in Contracts

Exclusion of Immaterial Subsidiaries. Solely for the purposes of determining whether an Event of Default has occurred under clause (h), (i) or (l) of Section 7.01, any reference in any such clause to any Subsidiary shall be deemed not to include any Immaterial Subsidiary affected by any event or circumstance referred to in any such clause.

Appears in 23 contracts

Samples: Revolving Credit Agreement (Berry Global Group, Inc.), Second Lien Bridge Credit Agreement (Berry Global Group Inc), Second Lien Bridge Credit Agreement

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Exclusion of Immaterial Subsidiaries. Solely for the purposes of determining whether an Event of Default has occurred under clause (h), (i), (j) or (l) of Section 7.018.01, any reference in any such clause to any Subsidiary shall be deemed not to include any Immaterial Subsidiary affected by any event or circumstance referred to in any such clause.

Appears in 13 contracts

Samples: Credit Agreement (Constellium Se), Credit Agreement (Constellium Se), Credit Agreement (Rayonier Advanced Materials Inc.)

Exclusion of Immaterial Subsidiaries. Solely for the purposes of determining whether an Event of Default has occurred under clause (h), (i) or (l) of Section 7.018.01, any reference in any such clause to any Subsidiary shall be deemed not to include any Immaterial Subsidiary affected by any event or circumstance referred to in any such clause.

Appears in 13 contracts

Samples: Term Loan Agreement (Anywhere Real Estate Group LLC), Amendment to Credit Agreement (Anywhere Real Estate Group LLC), Term Loan Agreement (Realogy Group LLC)

Exclusion of Immaterial Subsidiaries. Solely for the purposes of determining whether an Event of Default has occurred under clause (hSection 7.01(h), (i) ), or (l) of Section 7.01k), any reference in any such clause Section to any Subsidiary shall be deemed not to include any Immaterial Subsidiary affected by any event or circumstance referred to in any such clause.

Appears in 5 contracts

Samples: Credit Agreement (Smart & Final Stores, Inc.), Credit Agreement (Smart & Final Stores, Inc.), Credit Agreement (Smart & Final Stores, Inc.)

Exclusion of Immaterial Subsidiaries. Solely for the purposes of determining whether an Event of Default has occurred under clause (h), (i) or (lj) of Section 7.01, any reference in any such clause to any Subsidiary shall be deemed not to include any Immaterial Subsidiary affected by any event or circumstance referred to in any such clause.

Appears in 5 contracts

Samples: Credit Agreement (Claires Stores Inc), Term Loan Credit Agreement (Claires Stores Inc), Credit Agreement (RBS Global Inc)

Exclusion of Immaterial Subsidiaries. Solely for the purposes of determining whether an Event of Default has occurred under clause (h), (i) or (li) of Section 7.01, any reference in any such clause to any Subsidiary shall be deemed not to include any Immaterial Subsidiary affected by any event or circumstance referred to in any such clause.

Appears in 5 contracts

Samples: Credit Agreement, Credit Agreement (Quality Distribution Inc), Credit Agreement (Quality Distribution Inc)

Exclusion of Immaterial Subsidiaries. Solely for the purposes of determining whether an Event of Default has occurred under clause (h), (i) or (li) of Section 7.01, any reference in any such clause to any Subsidiary shall be deemed not to include any Subsidiary (other than a Loan Party whose assets are included in the calculation of any Borrowing Base) that would be an Immaterial Subsidiary affected by any event or circumstance referred to in any such clauseunder clause (a) of the definition thereof.

Appears in 4 contracts

Samples: Amendment Agreement (Momentive Performance Materials Inc.), Senior Secured Debtor in Possession Term Loan Agreement (Momentive Performance Materials Inc.), Senior Secured Debtor in Possession and Exit Asset Based Revolving Credit Agreement (Momentive Performance Materials Inc.)

Exclusion of Immaterial Subsidiaries. Solely for the purposes of determining whether an Event of Default has occurred under clause (h), (i), (j) or (l) of Section 7.01, any reference in any such clause to any Subsidiary shall be deemed not to include any Immaterial Subsidiary affected by any event or circumstance referred to in any such clause.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Magnera Corp), Credit Agreement (Noranda Aluminum Acquisition CORP)

Exclusion of Immaterial Subsidiaries. Solely for the purposes of determining whether an a Default or Event of Default has occurred under clause clauses (h), (i) or (li) of Section 7.01, any reference in any such clause to any Subsidiary shall be deemed not to include any Immaterial Subsidiary affected by any event or circumstance referred to in any such clause.

Appears in 2 contracts

Samples: Abl Credit Agreement (Claire's Holdings LLC), Abl Credit Agreement (Claire's Holdings LLC)

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Exclusion of Immaterial Subsidiaries. Solely for the purposes of determining whether an Event of Default has occurred under clause (h), (i) or (lk) of Section 7.01, any reference in any such clause to any Subsidiary shall be deemed not to include any Immaterial Subsidiary affected by any event or circumstance referred to in any such clause.

Appears in 1 contract

Samples: Credit Agreement (Claires Stores Inc)

Exclusion of Immaterial Subsidiaries. Solely for the purposes of determining whether an Event of Default has occurred under clause (h), (i), (k) or (l) of Section 7.01, any reference in any such clause to any Subsidiary shall be deemed not to include any Immaterial Subsidiary affected by any event or circumstance referred to in any such clause.

Appears in 1 contract

Samples: Asset Based Revolving Credit Agreement (Magnera Corp)

Exclusion of Immaterial Subsidiaries. (a) . Solely for the purposes of determining whether an Event of Default has occurred under clause (h), (i) or (l) of Section 7.01, any reference in any such clause to any Subsidiary shall be deemed not to include any Immaterial Subsidiary affected by any event or circumstance referred to in any such clause.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Berry Plastics Holding Corp)

Exclusion of Immaterial Subsidiaries. Solely for the purposes of determining whether an Event of a Default has occurred under clause (h), (ig) or (lh) of Section 7.01, any reference in any such clause to any Restricted Subsidiary shall be deemed to exclude any Restricted Subsidiary that is not to include any Immaterial a Material Subsidiary affected by any event or circumstance referred to in any such clause.

Appears in 1 contract

Samples: Credit Agreement (InnovAge Holding Corp.)

Exclusion of Immaterial Subsidiaries. Solely for the purposes of determining whether an Event of Default has occurred under clause (f), (h), (i), (j) or (l) of Section 7.018.01, any reference in any such clause to any Subsidiary shall be deemed not to include any Immaterial Subsidiary affected by any event or circumstance referred to in any such clause.

Appears in 1 contract

Samples: Credit Agreement (Metals Usa Holdings Corp.)

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