Limitation on Subsidiaries. (a) If (x) the Company or any Guarantor acquires or creates a Wholly-owned Restricted Subsidiary (other than an Immaterial Subsidiary), or (y) if any Restricted Subsidiary ceases to be an Immaterial Subsidiary, or (z) if any other Restricted Subsidiary shall guaranty any other Debt of the Company or any Guarantor, then within 20 Business Days of such event, such Restricted Subsidiary shall (1) execute and deliver to the Trustee and the Collateral Trustee a supplemental indenture pursuant to which such Restricted Subsidiary shall unconditionally guarantee all of the Company’s obligations under the Notes and this Indenture in the form set forth in Annex C hereto; (2) execute and deliver to the Trustee and the Collateral Trustee the applicable Collateral Documents (or joinders thereto) required to be delivered pursuant to this Indenture and the other Priority Lien Documents and (3) deliver to the Trustee and the Collateral Trustee an Opinion of Counsel that such supplemental indenture and Collateral Documents (or joinders thereto) have been duly authorized, executed and delivered by such Restricted Subsidiary and constitute legal, valid, binding and enforceable obligations of such Restricted Subsidiary. Thereafter, such Restricted Subsidiary shall be a Guarantor for all purposes of this Indenture.
Limitation on Subsidiaries. (Section 6.16): On a separate sheet, describe any Subsidiaries created by Borrower. State whether or not the creation of such Subsidiaries has been consented to by the Requisite Lenders as required under Section 6.16 of the Credit Agreement.
Limitation on Subsidiaries. Neither the Borrower nor any of its Subsidiaries shall own, either directly or indirectly, any Capital Stock in any Person other than the entities listed on Section 5.2(a) of the Company Disclosure Schedule (as defined in the Merger Agreement).
Limitation on Subsidiaries. Create any Subsidiaries without the prior written consent of the Required Banks, provided that nothing in this subsection 7.16 shall prevent investments in the M/I Ancillary Businesses to the extent permitted in subsection 7.9(k) hereof.
Limitation on Subsidiaries. Borrower shall not create any Subsidiaries without the prior written consent of Requisite Lenders. Nothing contained herein shall be deemed to prohibit or restrict MCRI from creating or continuing any Subsidiaries.
Limitation on Subsidiaries. Borrower shall not create any Subsidiaries without the prior written consent of Requisite Lenders.
Limitation on Subsidiaries. Form or acquire, or permit any of its Subsidiaries to form or acquire, any Subsidiary.
Limitation on Subsidiaries. (a) Create or permit to exist any Subsidiaries except for Subsidiaries which are limited to Permitted Business Activities, and (b) permit its Subsidiaries to create, incur, assume or suffer to exist Indebtedness except for Non-recourse Indebtedness and Indebtedness which is guaranteed by the Borrower provided that the Borrower is permitted to incur such Indebtedness in accordance with subsection 6.1.
Limitation on Subsidiaries. Create any Subsidiaries after the Closing Date unless any such Subsidiary becomes a party to this Agreement and a maker of all Notes, and the satisfaction of such other measures as may be reasonably requested by the Required Banks.
Limitation on Subsidiaries. Create any Subsidiaries, other than the Office Building Limited Liability Company (to the extent, if any, that the Office Building Limited Liability Company is considered a Subsidiary), without the prior written consent of the Required Banks.
