Common use of Ownership of Subsidiaries; Restrictions Clause in Contracts

Ownership of Subsidiaries; Restrictions. No Credit Party will, nor will it permit any Subsidiary to, create, form or acquire any Subsidiaries, except for Domestic Subsidiaries which are joined as Additional Credit Parties in accordance with the terms hereof and Foreign Subsidiaries. The Parent will not sell, transfer, pledge or otherwise dispose of any Capital Stock or other equity interests it holds in any of its Subsidiaries, nor will it permit any of its Subsidiaries to issue, sell, transfer, pledge or otherwise dispose of any of their Capital Stock or other equity interests, except in a transaction permitted by Section 6.4 or 6.5.

Ownership of Subsidiaries; Restrictions. No The Credit Party willParties will not, nor will it they permit any Subsidiary to, create, form or acquire any Subsidiaries, except for Domestic Subsidiaries which (other than Transitional Subsidiaries) that are joined as Additional Credit Parties in accordance with as required by the terms hereof and Foreign Subsidiarieshereof. The Parent Credit Parties will not sell, transfer, pledge or otherwise dispose of any Capital Stock or other equity interests it holds in any of its their Subsidiaries, nor will it they permit any of its their Subsidiaries to issue, sell, transfer, pledge or otherwise dispose of any of their Capital Stock or other equity interests, except in a transaction permitted by Section 6.4 or 6.57.4.

Ownership of Subsidiaries; Restrictions. No The Credit Party willParties will not, nor will it they permit any Subsidiary to, create, form or acquire any Subsidiaries, except for Domestic Subsidiaries which are joined as Additional Credit Parties in accordance with the terms hereof and Foreign Subsidiaries. The Parent Credit Parties will not sell, transfer, pledge or otherwise dispose of any Capital Stock or other equity interests it holds in any of its their Subsidiaries, nor will it they permit any of its they Subsidiaries to issue, sell, transfer, pledge or otherwise dispose of any of their Capital Stock or other equity interests, except in a transaction permitted by Section 6.4 or 6.56.4.

Ownership of Subsidiaries; Restrictions. No Section 6.7 The Credit Party willParties will not, nor will it they permit any Restricted Subsidiary to, create, form or acquire any Subsidiaries, except for Domestic Subsidiaries which that are joined as Additional Credit Parties in accordance with as required by the terms hereof and Foreign Subsidiarieshereof. The Parent Credit Parties will not sell, transfer, pledge or otherwise dispose of any Capital Stock or other equity interests it holds Equity Interests in any of its their Subsidiaries, nor will it they permit any of its their Restricted Subsidiaries to issue, sell, transfer, pledge or otherwise dispose of any of their Capital Stock or other equity interestsEquity Interests, except in a transaction permitted by Section 6.4 or 6.56.4.

Ownership of Subsidiaries; Restrictions. No The Credit Party willParties will not, nor will it they permit any Subsidiary to, create, form or acquire any Subsidiaries, except for Domestic Subsidiaries which (other than Transitional Subsidiaries and Immaterial Subsidiaries) that are joined as Additional Credit Parties in accordance with as required by the terms hereof and Foreign Subsidiarieshereof. The Parent Credit Parties will not sell, transfer, pledge or otherwise dispose of any Capital Stock or other equity interests it holds in any of its their Subsidiaries, nor will it they permit any of its their Subsidiaries to issue, sell, transfer, pledge or otherwise dispose of any of their Capital Stock or other equity interests, except in a transaction permitted by Section 6.4 or 6.57.4.