Common use of Limitation on Creation of Unrestricted Subsidiaries Clause in Contracts

Limitation on Creation of Unrestricted Subsidiaries. Holdings or the Issuer may designate any Subsidiary of Holdings (other than the Issuer) to be an “Unrestricted Subsidiary” as provided below, in which event such Subsidiary and each other Person that is then or thereafter becomes a Subsidiary of such Subsidiary will be deemed to be an Unrestricted Subsidiary.

Limitation on Creation of Unrestricted Subsidiaries. Holdings or the The Issuer may create or designate any Subsidiary of Holdings (other than the Issuer) Issuer to be an “Unrestricted Subsidiary” as provided below, in which event such Subsidiary and each other Person that is then or thereafter becomes a Subsidiary of such Subsidiary will be deemed to be an Unrestricted Subsidiary.

Limitation on Creation of Unrestricted Subsidiaries. Holdings or the The Issuer may designate any Subsidiary of Holdings (other than the Issuer) its Subsidiaries to be an “Unrestricted Subsidiary” as provided below, in which event such Subsidiary and each other Person that is then or thereafter becomes a Subsidiary of such Subsidiary will be deemed to be an Unrestricted Subsidiary.. The Issuer may designate any Subsidiary to be an Unrestricted Subsidiary unless such Subsidiary owns any Capital Interests of, or owns or holds any Lien on any property of, any other Restricted Subsidiary of the Issuer, provided that either:

Limitation on Creation of Unrestricted Subsidiaries. Holdings or the The Issuer may designate any Subsidiary of Holdings (other than the Issuer) Issuer to be an “Unrestricted Subsidiary” as provided below, in which event such Subsidiary and each other Person that is then or thereafter becomes a Subsidiary of such Subsidiary will be deemed to be an Unrestricted Subsidiary.. The Issuer may designate any Subsidiary to be an Unrestricted Subsidiary unless such Subsidiary owns any Capital Interests of, or owns or holds any Lien on any property of, any other Restricted Subsidiary of the Issuer, provided that either: