Common use of Ownership of Subsidiaries; Restrictions Clause in Contracts

Ownership of Subsidiaries; Restrictions. The Parent Guarantor will not, nor will it permit any Subsidiary to, create, form or acquire any Subsidiaries, except for wholly-owned Domestic Subsidiaries which are joined as Additional Credit Parties in accordance with the terms hereof. The Parent Guarantor will not, nor will it permit its Subsidiaries to, sell, transfer, pledge or otherwise dispose of any Capital Stock or other equity interests in any of its Subsidiaries, nor will it permit any of its Subsidiaries to issue, sell, transfer, pledge or otherwise dispose of any of its Capital Stock or other equity interests, except in a transaction permitted by Section 6.4.

Ownership of Subsidiaries; Restrictions. The Parent Neither Colgate, Victory, the Borrower, nor any Subsidiary Guarantor will notwill, nor will it permit any Subsidiary to, create, form or acquire any Subsidiaries, except for wholly-owned Domestic Subsidiaries which are Credit Parties or which are joined as Additional Credit Parties in accordance with the terms hereof. The Parent Neither Colgate, Victory, the Borrower, nor any Subsidiary Guarantor will not, nor will it permit its Subsidiaries to, sell, transfer, pledge or otherwise dispose of any Capital Stock or other equity interests in any of its Subsidiaries, nor will it permit any of its Subsidiaries to issue, sell, transfer, pledge or otherwise dispose of any of its their Capital Stock or other equity interests, except in a transaction permitted by Section 6.4.

Ownership of Subsidiaries; Restrictions. The Parent Neither the Borrower nor any Subsidiary Guarantor will notwill, nor will it permit any Subsidiary to, create, form or acquire any Subsidiaries, except for wholly-owned Domestic Subsidiaries which are Credit Parties or which are joined as Additional Credit Parties in accordance with the terms hereof. The Parent Neither the Borrower nor any Subsidiary Guarantor will not, nor will it permit its Subsidiaries to, sell, transfer, pledge or otherwise dispose of any Capital Stock or other equity interests in any of its Subsidiaries, nor will it permit any of its Subsidiaries to issue, sell, transfer, pledge or otherwise dispose of any of its their Capital Stock or other equity interests, except in a transaction permitted by Section 6.4.