Common use of Ownership of Subsidiaries; etc Clause in Contracts

Ownership of Subsidiaries; etc. Except as otherwise permitted by Section 9.05(p) or pursuant to a Permitted Acquisition consummated in accordance with the terms hereof, the Borrower will, and will cause each of its Subsidiaries to, own, directly or indirectly, 100% of the Equity Interests of each of their Subsidiaries (other than, in the case of a Foreign Subsidiary of the Borrower, directors’ qualifying shares and/or other nominal amounts of shares required to be held by local nationals, in each case to the extent required by applicable law).

Ownership of Subsidiaries; etc. Except as otherwise permitted by Section 9.05(p10.05(iii) or (xvi) or pursuant to a Permitted Acquisition consummated in accordance with the terms hereof, the Borrower will, and will cause each of its Subsidiaries to, own, directly or indirectly, own 100% of the Equity Interests of each of their Subsidiaries (other than, in the case of a Foreign Subsidiary of the BorrowerSubsidiary, directors’ qualifying shares and/or other nominal amounts of shares required to be held by local nationals, nationals in each case to the extent required by applicable law).

Ownership of Subsidiaries; etc. Except as otherwise permitted by Section 9.05(p) or pursuant to a an Other Permitted Acquisition consummated in accordance with the terms hereof, the Borrower will, and will cause each of its Subsidiaries to, own, directly or indirectly, 100% of the Equity Interests of each of their Subsidiaries (other than, in the case of a Foreign Subsidiary of the Borrower, directors’ qualifying shares and/or other nominal amounts of shares required to be held by local nationals, in each case to the extent required by applicable law).

Ownership of Subsidiaries; etc. Except as otherwise permitted by Section 9.05(pSections 9.02(xiii), 9.05(iii), 9.05(xx) and 9.05(xxi) or pursuant to a Permitted Acquisition consummated in accordance with the terms hereof, the Borrower will, and will cause each of its Subsidiaries to, own, directly or indirectly, own 100% of the Equity Interests of each of their Subsidiaries (other than, in the case of a Foreign Subsidiary of the Borrower, than directors’ qualifying shares and/or other and nominal amounts of shares required to be held by local nationals, in each case to the extent required by applicable law).