Common use of Ownership of Subsidiaries; etc Clause in Contracts

Ownership of Subsidiaries; etc. Notwithstanding any other provisions of this Agreement to the contrary, (a) permit any Person (other than any Credit Party or any Wholly Owned Subsidiary) to own any Equity Interests of any Subsidiary, except to qualify directors where required by applicable Law or to satisfy other requirements of applicable Law with respect to the ownership of Equity Interests of Foreign Subsidiaries, (b) permit any Credit Party or any Subsidiary to issue or have outstanding any shares of Disqualified Capital Stock or (c) create, incur, assume or suffer to exist any Lien on any Equity Interests of any Subsidiary, except for Permitted Liens. 8.14

Appears in 1 contract

Samples: Note Purchase Agreement (Revance Therapeutics, Inc.)

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Ownership of Subsidiaries; etc. Notwithstanding any other provisions of this Agreement to the contrary, (a) permit any Person (other than any Credit Loan Party or any Wholly Owned Subsidiary) to own any Equity Interests of any Subsidiary, except to qualify directors where required by applicable Law law or to satisfy other requirements of applicable Law law with respect to the ownership of Equity Interests of Foreign Subsidiaries, (b) permit any Credit Loan Party or any Subsidiary to issue or have outstanding any shares of Disqualified Capital Stock or (c) create, incur, assume or suffer to exist any Lien on any Equity Interests of any Subsidiary, except for Permitted Liens. 8.14.

Appears in 1 contract

Samples: Credit Agreement (RVL Pharmaceuticals PLC)

Ownership of Subsidiaries; etc. Notwithstanding any other provisions of this Agreement to the contrary, (a) permit any Person (other than any Credit Party or any Wholly Owned Subsidiary) to own any Equity Interests of any Subsidiary, except to qualify directors where required by applicable Law or to satisfy other requirements of applicable Law with respect to the ownership of Equity Interests of Foreign Subsidiaries, (b) permit any Credit Party or any Subsidiary to issue or have outstanding any shares of Disqualified Capital Stock or (c) create, incur, assume or suffer to exist any Lien on any Equity Interests of any Subsidiary, except for Permitted Liens. 8.14.

Appears in 1 contract

Samples: Note Purchase Agreement (Revance Therapeutics, Inc.)

Ownership of Subsidiaries; etc. Notwithstanding any other provisions of this Agreement to the contrary, (a) permit any Person (other than any Credit Party or any Wholly Owned Subsidiary) to own any Equity Interests of any Subsidiary, except to qualify directors where required by applicable Law law or to satisfy other requirements of applicable Law law with respect to the ownership of Equity Interests of Foreign Subsidiaries, (b) permit any Credit Party or any Subsidiary to issue or have outstanding any shares of Disqualified Capital Stock or (c) create, incur, assume or suffer to exist any Lien on any Equity Interests of any Subsidiary, except for Permitted Liens. 8.14.

Appears in 1 contract

Samples: Note Purchase Agreement (Osmotica Pharmaceuticals PLC)

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Ownership of Subsidiaries; etc. (a) Notwithstanding any other provisions of this Agreement to the contrary, (a) permit any Person (other than any Credit Party or any Wholly Owned Subsidiary) to own any Equity Interests of any Subsidiary, except to qualify directors where required by applicable Law law or to satisfy other requirements of applicable Law law with respect to the ownership of Equity Interests of Foreign Subsidiaries, (b) permit any Credit Party or any Subsidiary to issue or have outstanding any shares of Disqualified Capital Stock or (c) create, incur, assume or suffer to exist any Lien on any Equity Interests of any Subsidiary, except for Permitted Liens. 8.14.

Appears in 1 contract

Samples: Note Purchase Agreement (Puma Biotechnology, Inc.)

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