Limitation on Designations of Unrestricted Subsidiaries. The Issuer shall not designate (1) Level 3 LLC as an Unrestricted Subsidiary or (2) any other Subsidiary of the Issuer (other than a newly created Subsidiary in which no investment has previously been made) as an “Unrestricted Subsidiary” under this Indenture (a “Designation”) unless:
Appears in 5 contracts
Samples: Indenture (Level 3 Parent, LLC), Indenture (Level 3 Parent, LLC), Indenture (Level 3 Parent, LLC)
Limitation on Designations of Unrestricted Subsidiaries. The Issuer shall not designate (1) Level 3 LLC as an Unrestricted Subsidiary under this Indenture or (2) any other Subsidiary of the Issuer (other than a newly created Subsidiary in which no investment has previously been made) as an “Unrestricted Subsidiary” under this Indenture (each, a “Designation”) unless:
Appears in 1 contract
Samples: Indenture (Level 3 Parent, LLC)
