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

Limitation on Creation of Unrestricted Subsidiaries. The Company may designate any of its Subsidiaries to be an “Unrestricted Subsidiary” as provided below, in which event such Subsidiary and each other Person that is a Subsidiary of such Subsidiary shall be deemed to be an Unrestricted Subsidiary.

Appears in 1 contract

Samples: Indenture (Target Hospitality Corp.)

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Limitation on Creation of Unrestricted Subsidiaries. The Company may designate any Subsidiary of its Subsidiaries the Company to be an "Unrestricted Subsidiary" as provided below, below in which event such Subsidiary and each other Person that is then or thereafter becomes a Subsidiary of such Subsidiary shall will be deemed to be an Unrestricted Subsidiary.. "

Appears in 1 contract

Samples: Indenture (Petro Holdings Financial Corp)

Limitation on Creation of Unrestricted Subsidiaries. The Company Issuer may designate any of its Subsidiaries to be an “Unrestricted Subsidiary” as provided below, in which event such Subsidiary and each other Person that is a Subsidiary of such Subsidiary shall will be deemed to be an Unrestricted Subsidiary.

Appears in 1 contract

Samples: Indenture (WillScot Corp)

Limitation on Creation of Unrestricted Subsidiaries. The Company may designate any Subsidiary of its Subsidiaries the Company to be an "Unrestricted Subsidiary" as provided below, in which event and such Subsidiary and each other Person that is then or thereafter becomes a Subsidiary of such Subsidiary shall will be deemed to be an Unrestricted Subsidiary.. "

Appears in 1 contract

Samples: Indenture (Petro Holdings Financial Corp)

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Limitation on Creation of Unrestricted Subsidiaries. The Company may designate any Subsidiary of its Subsidiaries the Company to be an “Unrestricted Subsidiary” as provided below, under the circumstances described in Section 4.7 and in the definition of “Unrestricted Subsidiary,” in which event such Subsidiary and each other Person that is then or thereafter becomes a Subsidiary of such Subsidiary shall will be deemed to be an Unrestricted Subsidiary.

Appears in 1 contract

Samples: Indenture (Yankee Holding Corp.)

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