Ownership of Subsidiaries; Restrictions. The Credit Parties will not, nor will they permit any Subsidiary to, create, form or acquire any Subsidiaries, except for Domestic Subsidiaries that are joined as Additional Credit Parties as required by the terms hereof. The Credit Parties will not sell, transfer, pledge or otherwise dispose of any Equity Interests in any of their Subsidiaries, nor will they permit any of their Subsidiaries to issue, sell, transfer, pledge or otherwise dispose of any of their Equity Interests, except in a transaction permitted by Section 6.4.
Appears in 5 contracts
Samples: Credit Agreement (Fiesta Restaurant Group, Inc.), Credit Agreement (Carrols Restaurant Group, Inc.), Credit Agreement (Infospace Inc)
Ownership of Subsidiaries; Restrictions. The Credit Parties will not, nor will they permit any Subsidiary to, create, form or acquire any Subsidiaries, except for Domestic Subsidiaries that are joined as Additional Credit Parties as required by the terms hereof. The Credit Parties will not sell, transfer, pledge or otherwise dispose of any Equity Interests Interest or other equity interests in any of their Subsidiaries, nor will they permit any of their Subsidiaries to issue, sell, transfer, pledge or otherwise dispose of any of their Equity InterestsInterest or other equity interests, except in a transaction permitted by Section 6.4.
Appears in 4 contracts
Samples: Credit Agreement (Osi Systems Inc), Credit Agreement (Osi Systems Inc), Credit Agreement (Osi Systems Inc)
Ownership of Subsidiaries; Restrictions. The Credit Parties will not, nor will they permit any Restricted Subsidiary to, create, form or acquire any Subsidiaries, except for Unrestricted Subsidiaries and Domestic Subsidiaries that are joined as Additional Credit Parties as required by the terms hereof. The Credit Parties will not sell, transfer, pledge or otherwise dispose of any Equity Interests Capital Stock or other equity interests in any of their Subsidiaries, nor will they permit any of their Restricted Subsidiaries to issue, sell, transfer, pledge or otherwise dispose of any of their Equity InterestsCapital Stock or other equity interests, except in a transaction permitted by Section 6.4.
Appears in 4 contracts
Samples: Agency Succession and Amendment Agreement (GateHouse Media, Inc.), Credit Agreement (GateHouse Media, Inc.), First Lien Credit Agreement (GateHouse Media, Inc.)
Ownership of Subsidiaries; Restrictions. The Credit Parties will not, nor will they permit any Subsidiary to, create, form or acquire any Subsidiaries, except for (i) Domestic Subsidiaries that are joined as Additional Credit Parties as required by the terms hereofhereof and (ii) Foreign Subsidiaries. The Credit Parties will not sell, transfer, pledge or otherwise dispose of any Equity Interests Interest or other equity interests in any of their Subsidiaries, nor will they permit any of their Subsidiaries to issue, sell, transfer, pledge or otherwise dispose of any of their Equity InterestsInterest or other equity interests, except in a transaction permitted by Section 6.4.
Appears in 3 contracts
Samples: Credit Agreement (Osi Systems Inc), Credit Agreement (Osi Systems Inc), Credit Agreement (Osi Systems Inc)
Ownership of Subsidiaries; Restrictions. The Credit Parties will not, nor will they permit any Subsidiary to, create, form or acquire any Subsidiaries, except for Domestic Subsidiaries that which are joined as Additional Credit Parties as required by in accordance with the terms hereof. The Credit Parties will not sell, transfer, pledge or otherwise dispose of any Equity Interests Capital Stock or other equity interests in any of their Subsidiaries, nor will they permit any of their Subsidiaries to issue, sell, transfer, pledge or otherwise dispose of any of their Equity InterestsCapital Stock or other equity interests, except in a transaction permitted by Section 6.46.5.
Appears in 2 contracts
Samples: Credit Agreement (Lower Road Associates LLC), Credit Agreement (Lower Road Associates LLC)
Ownership of Subsidiaries; Restrictions. The Credit Parties will not, nor will they permit any Restricted Subsidiary to, create, form or acquire any Subsidiaries, except for Domestic Subsidiaries that are joined as Additional Credit Parties as required by the terms hereof. The Credit Parties will not sell, transfer, pledge or otherwise dispose of any Equity Interests in any of their Subsidiaries, nor will they permit any of their Restricted Subsidiaries to issue, sell, transfer, pledge or otherwise dispose of any of their Equity Interests, except in a transaction permitted by Section 6.4.
Appears in 2 contracts
Samples: Credit Agreement (Carrols Restaurant Group, Inc.), Credit Agreement (Carrols Restaurant Group, Inc.)
Ownership of Subsidiaries; Restrictions. The Credit Parties will not, nor will they permit any Subsidiary to, create, form or acquire any Subsidiaries, except for Domestic Subsidiaries that are joined as Additional Credit Parties as required by the terms hereof. The Credit Parties will not sell, transfer, pledge or otherwise dispose of any Equity Interests Capital Stock or other equity interests in any of their Subsidiaries, nor will they permit any of their Subsidiaries (other than ESI) to issue, sell, transfer, pledge or otherwise dispose of any of their Equity InterestsCapital Stock or other equity interests, except in a transaction permitted by Section 6.4.
Appears in 2 contracts
Samples: Second Lien Credit Agreement (American Pacific Corp), First Lien Credit Agreement (American Pacific Corp)
Ownership of Subsidiaries; Restrictions. The Credit Parties will not, nor will they permit any Subsidiary to, create, form or acquire any Subsidiaries, except for Domestic Subsidiaries and Material Foreign Subsidiaries that are joined as Additional Credit Parties as required by the terms hereof. The Credit Parties will not sell, transfer, pledge or otherwise dispose of any Equity Interests Interest or other equity interests in any of their Subsidiaries, nor will they permit any of their Subsidiaries to issue, sell, transfer, pledge or otherwise dispose of any of their Equity InterestsInterest or other equity interests, except in a transaction permitted by Section 6.4.
Appears in 2 contracts
Samples: Credit Agreement (Checkpoint Systems Inc), Credit Agreement (Checkpoint Systems Inc)
Ownership of Subsidiaries; Restrictions. The Credit Loan Parties will not, nor will they permit any Subsidiary to, create, form or acquire any Subsidiaries, except for Domestic Subsidiaries that are joined as Additional Credit Loan Parties as required by the terms hereof. The Credit Loan Parties will not sell, transfer, pledge or otherwise dispose of any Equity Interests in any of their Subsidiaries, nor will they permit any of their Subsidiaries to issue, sell, transfer, pledge or otherwise dispose of any of their Equity Interests, except in a transaction permitted by Section 6.46.04.
Appears in 1 contract
Ownership of Subsidiaries; Restrictions. The Credit Parties will not, nor will they permit any Subsidiary to, create, form or acquire any Subsidiaries, except for Domestic Subsidiaries that are joined as Additional Credit Parties as required by the terms hereofhereof and a Foreign Subsidiary creating or forming a Foreign Subsidiary. The Credit Parties will not sell, transfer, pledge or otherwise dispose of any Equity Interests in any of their Subsidiaries, nor will they permit any of their Subsidiaries to issue, sell, transfer, pledge or otherwise dispose of any of their Equity Interests, except in a transaction permitted by Section 6.4.
Appears in 1 contract
Ownership of Subsidiaries; Restrictions. The Credit Parties will not, nor will they permit any Subsidiary to, create, form or acquire any Subsidiaries, except for Domestic Subsidiaries that are joined as Additional Credit Parties as required by the terms hereof. The Credit Parties will not sell, transfer, pledge or otherwise dispose of any Equity Interests Capital Stock or other equity interests in any of their Subsidiaries, nor will they permit any of their Subsidiaries to issue, sell, transfer, pledge or otherwise dispose of any of their Equity InterestsCapital Stock or other equity interests, except in a transaction permitted by Section 6.4.
Appears in 1 contract
Samples: Credit Agreement (New Century Transportation, Inc.)
Ownership of Subsidiaries; Restrictions. The Each of the Credit Parties will not, nor will they it permit any Subsidiary to, create, form or acquire any Subsidiaries, except for (a) Domestic Subsidiaries that Subsidiaries, other than certain Immaterial Subsidiaries, which are joined as Additional Credit Parties as required by in accordance with the terms hereof. The Credit Parties will not sell, transfer, pledge or otherwise dispose of any Equity Interests in any of their hereof and (b) Immaterial Subsidiaries, nor will they permit any subject to the terms of their Subsidiaries to issue, sell, transfer, pledge or otherwise dispose of any of their Equity Interests, except in a transaction permitted by Section 6.45.
Appears in 1 contract
Ownership of Subsidiaries; Restrictions. The No Credit Parties will notParty will, nor will they it permit any Subsidiary to, create, form or acquire any Subsidiaries, except for Domestic Subsidiaries that which are joined as Additional Credit Parties as required by in accordance with the terms hereofhereof and Foreign Subsidiaries. The Credit Parties Parent will not sell, transfer, pledge or otherwise dispose of any Equity Interests Capital Stock or other equity interests it holds in any of their its Subsidiaries, nor will they it permit any of their its Subsidiaries to issue, sell, transfer, pledge or otherwise dispose of any of their Equity InterestsCapital Stock or other equity interests, except in a transaction permitted by Section 6.46.4 or 6.
Appears in 1 contract
Ownership of Subsidiaries; Restrictions. The Each of the Credit Parties will not, nor will they it permit any Subsidiary to, create, form or acquire any SubsidiariesSubsidiaries after the Closing Date, except for Material Domestic Subsidiaries that are joined as Additional Credit Parties as required by the terms hereofSubsidiaries. The Credit Parties Borrower will not sell, transfer, pledge or otherwise dispose of any Equity Interests Capital Stock or other equity interests in any of their its Subsidiaries, nor will they it permit any of their its Subsidiaries to issue, sell, transfer, pledge or otherwise dispose of any of their Equity InterestsCapital Stock or other equity interests, except in a transaction permitted by Section 6.4.
Appears in 1 contract
Samples: Credit Agreement (Amedisys Inc)