Common use of Maintenance of Ownership of Subsidiaries Clause in Contracts

Maintenance of Ownership of Subsidiaries. Except as not prohibited by or as permitted under Section 5.01(f), Section 5.02(d) or 5.02(e), maintain ownership and control of all Equity Interests that it holds in all of its direct Subsidiaries (other than the Subsidiaries of any Regulated Subsidiary), free and clear of all Liens except as not prohibited by or as permitted by the Loan Documents.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Allegheny Energy, Inc), Credit Agreement (Allegheny Energy, Inc)

AutoNDA by SimpleDocs

Maintenance of Ownership of Subsidiaries. Except as not prohibited by or as permitted under Section 5.01(f), ) or Section 5.02(d) or 5.02(e(e), maintain ownership and control of all Equity Interests that it holds in all of its direct Subsidiaries [Inserted: (other than the Subsidiaries of any Regulated Subsidiary)], directly or indirectly, free and clear of all Liens except as not prohibited by or as permitted by the Loan Transaction Documents.”

Appears in 2 contracts

Samples: Credit Agreement (Allegheny Energy, Inc), Credit Agreement (Allegheny Energy, Inc)

Maintenance of Ownership of Subsidiaries. Except as not prohibited by or as permitted under Section 5.01(f), ) or Section 5.02(d) or 5.02(e(e), maintain ownership and control of all Equity Interests that it holds in all of its direct Subsidiaries (other than the Subsidiaries of any Regulated Subsidiary)Subsidiaries, directly or indirectly, free and clear of all Liens except as not prohibited by or as permitted by the Loan Transaction Documents.

Appears in 1 contract

Samples: Credit Agreement (Allegheny Energy Inc)

Maintenance of Ownership of Subsidiaries. Except as not prohibited by or as permitted under Section 5.01(f), Section 5.02(d) or 5.02(e(e), maintain ownership and control of all Equity Interests that it the Borrower holds in all of its direct Subsidiaries (other than the Subsidiaries of any Regulated Subsidiary)Subsidiaries, directly or indirectly, free and clear of all Liens except as not prohibited by or as permitted by the Loan Financing Documents.

Appears in 1 contract

Samples: Common Terms Agreement (Allegheny Energy Supply Co LLC)

AutoNDA by SimpleDocs

Maintenance of Ownership of Subsidiaries. Except as not prohibited by or as permitted under Section 5.01(f), ) or Section 5.02(d) or 5.02(e), maintain ownership and control of all Equity Interests that it holds in all of its direct Subsidiaries (other than the Subsidiaries of any Regulated Subsidiary), free and clear of all Liens except as not prohibited by or as permitted by the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Allegheny Energy, Inc)

Maintenance of Ownership of Subsidiaries. Except as not prohibited by or as permitted under Section 5.01(f), Section 5.02(d) or 5.02(e(e), maintain ownership and control of all Equity Interests that it holds in all of its direct Subsidiaries (other than the Subsidiaries of any Regulated Subsidiary)Subsidiaries, directly or indirectly, free and clear of all Liens except as not prohibited by or as permitted by the AYE Loan Documents.

Appears in 1 contract

Samples: Aye Credit Agreement (West Penn Power Co)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!