Common use of Ownership of Subsidiaries Clause in Contracts

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (a) permit any Person (other than the MLP 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, or (b) permit any Subsidiary to issue or have outstanding any shares of preferred Equity Interests.

Appears in 12 contracts

Samples: Credit Agreement (Green Plains Inc.), Credit Agreement (Green Plains Partners LP), Credit Agreement (Green Plains Inc.)

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Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (a) permit any Person (other than the MLP Borrower or any wholly-owned Wholly Owned Subsidiary) to own any Equity Interests of any Subsidiary 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, or (b) permit any Subsidiary to issue or have outstanding any shares of preferred Equity Interests.

Appears in 11 contracts

Samples: Credit Agreement (Huron Consulting Group Inc.), Credit Agreement (Huron Consulting Group Inc.), Credit Agreement (Grand Canyon Education, Inc.)

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (a) permit any Person (other than the MLP Borrower 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, or (b) permit any Subsidiary to issue or have outstanding any shares of preferred Equity Interests.

Appears in 9 contracts

Samples: Credit Agreement (Silicon Laboratories Inc.), Credit Agreement (Silicon Laboratories Inc), Credit Agreement (Silicon Laboratories Inc)

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (a) permit any Person (other than the MLP Borrower or any wholly-owned Wholly Owned Subsidiary) to own any Equity Interests of any Subsidiary Subsidiary, except (A) 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 SubsidiariesSubsidiaries and (B) other Persons holding Equity Interests in the PHC Joint Ventures, or (b) permit any Subsidiary to issue or have outstanding any shares of preferred Equity Interests.

Appears in 7 contracts

Samples: Credit Agreement (Acadia Healthcare Company, Inc.), Credit Agreement (Acadia Healthcare Company, Inc.), Credit Agreement (Acadia Healthcare Company, Inc.)

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (a) permit any Person (other than the MLP Borrower or any wholly-owned Wholly Owned Subsidiary) to own any Equity Interests of any Subsidiary 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, or (b) permit any Subsidiary to issue or have outstanding any shares of preferred Equity Interests.

Appears in 7 contracts

Samples: Credit Agreement (Epicor Software Corp), Credit Agreement (LCC International Inc), Credit Agreement (Citi Trends Inc)

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (a) permit any Person (other than the MLP Company 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, or (b) permit any Subsidiary to issue or have outstanding any shares of preferred Equity Interests.

Appears in 6 contracts

Samples: Credit Agreement (Wd 40 Co), Credit Agreement (Cantel Medical Corp), Credit Agreement (Cantel Medical Corp)

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (ai) permit any Person (other than the MLP Borrower or any wholly-owned Wholly Owned Subsidiary) to own any Equity Interests Capital Stock of any Subsidiary 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 Capital Stock of Foreign Subsidiaries, or (bii) permit any Subsidiary to issue or have outstanding any shares of preferred Equity InterestsCapital Stock or (iii) create, incur, assume or suffer to exist any Lien on any Capital Stock of any Subsidiary, except for Permitted Liens.

Appears in 6 contracts

Samples: Credit Agreement (Navigant International Inc), Credit Agreement (School Specialty Inc), Credit Agreement (School Specialty Inc)

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, and except in the case of a Permitted Repo Transaction, (a) permit any Person (other than the MLP Borrower 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, or (b) permit any Subsidiary to issue or have outstanding any shares of preferred Equity Interests.

Appears in 4 contracts

Samples: Loan Agreement (Cadence Design Systems Inc), Credit Agreement (Cadence Design Systems Inc), Loan Agreement (Cadence Design Systems Inc)

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (a) permit any Person (other than the MLP Parent Borrower or any wholly-owned Wholly Owned Subsidiary) to own any Equity Interests of any Subsidiary 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, or (b) permit any Subsidiary to issue or have outstanding any shares of preferred Equity Interests.

Appears in 4 contracts

Samples: Credit Agreement (Forward Air Corp), Credit Agreement (Forward Air Corp), Credit Agreement (Forward Air Corp)

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (a) permit any Person (other than the MLP Borrower or any wholly-owned Wholly Owned Subsidiary) to own any Equity Interests of any Subsidiary 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, or (b) permit any Subsidiary to issue or have outstanding any shares of preferred Disqualified Equity Interests, except, in each case, to the extent set forth on Schedule 6.13.

Appears in 4 contracts

Samples: Credit Agreement (Ciner Resources LP), Credit Agreement (Ciner Resources LP), Credit Agreement

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (ai) permit any Person (other than the MLP a Borrower or any wholly-owned SubsidiaryWholly Owned Subsidiary of a Borrower) to own any Equity Interests of any Subsidiary of a Borrower, 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, Subsidiaries or (bii) permit any Subsidiary of any Borrower to issue or have outstanding any shares of preferred Equity Interests.

Appears in 3 contracts

Samples: Credit Agreement (TRM Corp), Second Lien Loan Agreement (TRM Corp), Loan Agreement (TRM Corp)

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (a) permit any Person (other than the MLP Company or any wholly-owned Subsidiary) to own any Equity Interests of any Subsidiary 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, or (b) permit any Subsidiary to issue or have outstanding any shares of preferred Equity Interests.

Appears in 3 contracts

Samples: Credit Agreement (Dhi Group, Inc.), Credit Agreement (Dice Holdings, Inc.), Credit Agreement (Dice Holdings, Inc.)

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, except to the extent permitted by Section 7.02 and pursuant to the Up-C Restructuring, (a) permit any Person (other than the MLP Borrower 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, or (b) permit any Subsidiary to issue or have outstanding any shares of preferred Equity Interests.

Appears in 2 contracts

Samples: Credit Agreement (I3 Verticals, Inc.), Credit Agreement (I3 Verticals, Inc.)

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, except to the extent permitted by Section 7.02, (a) permit any Person (other than HoldCo, the MLP Borrower 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, or (b) permit any Subsidiary to issue or have outstanding any shares of preferred Equity Interests.

Appears in 2 contracts

Samples: Credit Agreement (I3 Verticals, Inc.), Credit Agreement (I3 Verticals, Inc.)

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (a) permit any Person (other than the MLP Borrower or any wholly-owned Wholly Owned Subsidiary) to own any Equity Interests of any Domestic Subsidiary or any Material Foreign 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, or (b) permit any Subsidiary to issue or have outstanding any shares of preferred Equity Interests.

Appears in 1 contract

Samples: Credit Agreement (Laureate Education, Inc.)

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (a) permit any Person (other than the MLP a Loan Party or any wholly-owned Subsidiary) to own any Equity Interests of any Subsidiary except to qualify directors where required by applicable Applicable Law or to satisfy other requirements of applicable Applicable Law with respect to the ownership of Equity Interests of Foreign Subsidiaries, or (b) permit any Subsidiary to issue or have outstanding any shares of preferred Equity Interests.

Appears in 1 contract

Samples: Credit Agreement (Rite Aid Corp)

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (a) permit any Person (other than the MLP Holdings or any wholly-owned Subsidiary) to own any Equity Interests of any Subsidiary except (i) 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 SubsidiariesSubsidiaries or (ii) existing at the time of acquisition of such Subsidiary, or (b) permit any Subsidiary to issue or have outstanding any shares of preferred Equity Interests.

Appears in 1 contract

Samples: Credit Agreement (Infrastructure & Energy Alternatives, Inc.)

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, the Company will not, and will not permit any Subsidiary to, (a) permit any Person (other than the MLP Company or any whollyWholly-owned Owned Subsidiary) to own any Equity Interests 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 equity interests of Foreign Subsidiaries, or (b) permit any Subsidiary to issue or have outstanding any shares of preferred Equity Interestsequity interests.

Appears in 1 contract

Samples: Indemnity and Contribution Agreement (Wd 40 Co)

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (a) permit any Person (other than the MLP Borrower or any wholly-owned Wholly Owned Subsidiary) to own any Equity Interests of any Subsidiary Subsidiary, except (i) 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 SubsidiariesSubsidiaries and (ii) Investments permitted by Section 8.02(q), or (b) permit any Subsidiary to issue or have outstanding any shares of preferred Equity Interests.

Appears in 1 contract

Samples: Credit Agreement (Corporate Executive Board Co)

Ownership of Subsidiaries. 317687440_5 - 2/8/2024 1:48:48 PM 317687440.5 Notwithstanding any other provisions of this Agreement to the contrary, (a) permit any Person (other than the MLP Borrower 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, or (b) permit any Subsidiary to issue or have outstanding any shares of preferred Equity Interests.

Appears in 1 contract

Samples: Credit Agreement (TrueBlue, Inc.)

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Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (a) permit any Person (other than the MLP Borrower or any wholly-owned 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 SubsidiariesSubsidiary, or (b) permit any Subsidiary to issue or have outstanding any shares of preferred Equity Interests.

Appears in 1 contract

Samples: Credit Agreement (Grand Canyon Education, Inc.)

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (ai) permit any Person (other than the MLP Borrower or any wholly-owned SubsidiaryWholly Owned Subsidiary of the Borrower) to own any Equity Interests of any Subsidiary of the Borrower, 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, Subsidiaries or (bii) permit any Subsidiary of the Borrower to issue or have outstanding any shares of preferred Equity Interests.

Appears in 1 contract

Samples: Credit Agreement (Usa Truck Inc)

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (ai) permit any Person (other than the MLP Company or any wholly-owned SubsidiaryWholly Owned Subsidiary of the Company) to own any Equity Interests of any Subsidiary of the Company, 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, Subsidiaries or (b) permit any Subsidiary to issue or have outstanding any shares Table of preferred Equity Interests.Contents

Appears in 1 contract

Samples: Credit Agreement (TRM Corp)

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (ai) permit any Person (other than the MLP any Borrower or any wholly-owned Wholly Owned Subsidiary) to own any Equity Interests Capital Stock of any Subsidiary 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 Capital Stock of Foreign Subsidiaries, or (bii) permit create, incur, assume or suffer to exist any Lien on any Capital Stock of any Subsidiary other than pursuant to issue or have outstanding any shares of preferred Equity Interests.the Loan Documents. 106 Exhibit 10.6 7.14

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Mesa Air Group Inc)

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (a) permit any Person (other than the MLP Holdings or any wholly-owned Wholly Owned Subsidiary) to directly or indirectly own any Equity Interests of any Subsidiary Subsidiary, except (i) as part of a Permitted Joint Venture and (ii) 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, or (b) permit any Subsidiary to issue or have outstanding any shares of preferred Equity Interests.

Appears in 1 contract

Samples: Credit Agreement (Adeptus Health Inc.)

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (a) permit any Person (other than the MLP Company or any wholly-owned SubsidiaryWholly Owned Subsidiary of the Company) to own any Equity Interests of any Subsidiary of the Company (other than any Inactive 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, or (b) permit any Subsidiary (other than any Inactive Subsidiary) of the Company to issue or have outstanding any shares of preferred Equity Interests.

Appears in 1 contract

Samples: Credit Agreement (Omega Protein Corp)

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (a) permit any Person (other than the MLP Parent or any wholly-owned Wholly Owned Subsidiary) to own any Equity Interests of any Subsidiary 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, or (b) permit any Subsidiary to issue or have outstanding any shares of preferred Equity Interests.

Appears in 1 contract

Samples: Credit Agreement (Acadia Healthcare Company, Inc.)

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (ai) permit any Person (other than the MLP or any wholly-owned SubsidiaryBorrower) to own any Equity Interests Capital Stock of any Subsidiary Subsidiary, except to qualify directors where required by applicable Law Laws or to satisfy other requirements of applicable Law Laws with respect to the ownership of Equity Interests Capital Stock of Foreign Subsidiaries, or (bii) permit any Subsidiary to issue or have outstanding any shares of preferred Equity InterestsCapital Stock, (iii) create, incur, assume or suffer to exist any Lien on any Capital Stock of any Subsidiary other than pursuant to the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Anesiva, Inc.)

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (a) permit any Person (other than the MLP Company or any wholly-owned Subsidiary) to own any Equity Interests of any Subsidiary 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, or (b) permit any Subsidiary to issue or have outstanding any shares of preferred Equity Interests.

Appears in 1 contract

Samples: Credit Agreement (Navigant Consulting Inc)

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (ai) permit any Person (other than the MLP any Borrower or any wholly-owned Wholly Owned Subsidiary) to own any Equity Interests Capital Stock of any Subsidiary 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 Capital Stock of Foreign Subsidiaries, or (bii) permit create, incur, assume or suffer to exist any Lien on any Capital Stock of any Subsidiary other than pursuant to issue or have outstanding any shares of preferred Equity Intereststhe Loan Documents.

Appears in 1 contract

Samples: Engine Lease Agreement (Mesa Air Group Inc)

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (a) permit any Person (other than the MLP Borrower or any wholly-owned Wholly Owned Subsidiary) to own any Equity Interests Capital Stock of any Subsidiary (other than any Majority Interest Joint Venture), 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 Capital Stock of Foreign Subsidiaries, Subsidiaries or (bii) permit any Subsidiary to issue or have outstanding any shares of preferred Equity InterestsCapital Stock.

Appears in 1 contract

Samples: Credit Agreement (Symbion Inc/Tn)

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (a) permit any Person (other than one or more of the MLP or any Borrowers and their wholly-owned SubsidiarySubsidiaries) 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, or (b) permit any Subsidiary to issue or have outstanding any shares of preferred Equity Interests.

Appears in 1 contract

Samples: Credit Agreement (PRGX Global, Inc.)

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (a) permit any Person (other than the MLP Company or any wholly-owned SubsidiaryWholly Owned Subsidiary of the Company) to own any Equity Interests of any Subsidiary of the Company, 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, or (b) permit any Subsidiary of the Company to issue or have outstanding any shares of preferred Equity Interests.

Appears in 1 contract

Samples: Credit Agreement (Flir Systems Inc)

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