Common use of Ownership of Subsidiaries; Restrictions Clause in Contracts

Ownership of Subsidiaries; Restrictions. The Credit Parties will not sell, transfer, pledge or otherwise dispose of any Equity 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 Interest or other equity interests, except in a transaction permitted by Section 6.4 or pursuant to the exercise of rights under a Restrictive Agreement.

Appears in 9 contracts

Samples: Credit Agreement (Mednax, Inc.), Credit Agreement (Mednax, Inc.), Credit Agreement (Mednax, Inc.)

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Ownership of Subsidiaries; Restrictions. The Credit Parties will not sell, transfer, pledge or otherwise dispose of any Equity 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 Interest or other equity interests, except in a transaction permitted by Section 6.4 6.2 or pursuant to the exercise of rights under a Restrictive AgreementSection 6.4, as applicable.

Appears in 2 contracts

Samples: Credit Agreement (Riviera Holdings Corp), Credit Agreement (Riviera Holdings Corp)

Ownership of Subsidiaries; Restrictions. The Credit Parties will not sell, transfer, pledge or otherwise dispose of any Equity Interest or other equity interests 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 Interest or other equity interestsInterests, except in a transaction permitted by Section 6.4 8.4 or pursuant to the exercise of rights under a Restrictive AgreementSection 8.5.

Appears in 2 contracts

Samples: Loan Agreement (National Instruments Corp), Loan Agreement (National Instruments Corp /De/)

Ownership of Subsidiaries; Restrictions. The Credit Parties and their Subsidiaries will not sell, transfer, pledge or otherwise dispose of any Equity Interest Capital Stock or other equity interests in any of their its Subsidiaries, nor will they permit any of their its Subsidiaries to issue, sell, transfer, pledge or otherwise dispose of any of their Equity Interest Capital Stock or other equity interests, except in a transaction permitted by Section 6.4 or pursuant to the exercise of rights under a Restrictive Agreement6.5(a).

Appears in 1 contract

Samples: Credit Agreement (Stec, Inc.)

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Ownership of Subsidiaries; Restrictions. The Credit Parties will not sell, transfer, pledge or otherwise dispose of any Equity Interest 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 Interest Capital Stock or other equity interests, except for any Excluded Equity Issuance or in a transaction permitted by Section 6.4 or pursuant to the exercise of rights under a Restrictive Agreement6.4.

Appears in 1 contract

Samples: Credit Agreement (Eclipsys Corp)

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