Common use of Ownership of Subsidiaries Clause in Contracts

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (i) permit any Person (other than any Loan Party or any Wholly Owned Subsidiary of the Borrower) to own any Equity Interests of any Subsidiary of any Loan Party, 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, (ii) permit any Loan Party or any Subsidiary of any Loan Party to issue or have outstanding any shares of preferred Equity Interests or (iii) create, incur, assume or suffer to exist any Lien on any Equity Interests of any Subsidiary of any Loan Party, except for Permitted Liens.

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (ia) permit any Person (other than any Loan Party or any Wholly Owned Subsidiary of the Borrower) to own any Equity Interests of any Subsidiary of any Loan Party, 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, (iib) permit any Loan Party or any Subsidiary of any Loan Party to issue or have outstanding any shares of preferred Equity Interests or (iiic) create, incur, assume or suffer to exist any Lien on any Equity Interests of any Subsidiary of any Loan Party, except for Permitted Liens.

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (ia) permit any Person (other than any Loan Note Party or any Wholly Wholly-Owned Subsidiary of the BorrowerParent) to own any Equity Interests of any Subsidiary of any Loan PartyNote Party in existence as of the Closing Date, 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, (iib) permit any Loan Note Party or any Subsidiary of any Loan Party to issue or have outstanding any shares of preferred Equity Interests Disqualified Capital Stock or (iiic) create, incur, assume or suffer to exist any Lien on any Equity Interests of any Subsidiary of any Loan Note Party, except for Permitted Liens.

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (i) permit any Person (other than any Loan Party or any Wholly Owned Subsidiary of the Borrower) to own any Equity Interests of any Subsidiary of any Loan Party, 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, (ii) permit any Loan Party or any Subsidiary of any Loan Party to issue or have outstanding any shares of preferred Equity Interests (other than the Permitted Preferred Stock) or (iii) create, incur, assume or suffer to exist any Lien on any Equity Interests of any Subsidiary of any Loan Party, except for Permitted Liens.

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (ia) permit any Person (other than any Loan Party or any Wholly Owned Subsidiary of the Borrower) to own any Equity Interests of any Subsidiary of any Loan Party, 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, (iib) permit any Loan Party or any Subsidiary of any Loan Party to issue or have outstanding any shares of preferred Equity Interests Disqualified Capital Stock or (iiic) create, incur, assume or suffer to exist any Lien on any Equity Interests of any Subsidiary of any Loan Party, except for Permitted Liens.

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (ia) permit any Person (other than any Loan Party or any Wholly Owned Subsidiary of the BorrowerCompany) to own any Equity Interests of any Subsidiary of any Loan Party, 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, (iib) permit any Loan Party or any Subsidiary of any Loan Party to issue or have outstanding any shares of preferred Equity Interests or (iiic) create, incur, assume or suffer to exist any Lien on any Equity Interests of any Subsidiary of any Loan Party, except for Permitted Liens.

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (i) permit any Person (other than any Loan Party or any Wholly Owned Subsidiary of the Borrowera Loan Party) to own any Equity Interests Capital Stock of any Subsidiary other than owned by any holders (other than Loan Parties) of Capital Stock of any Loan Partynon-Wholly Owned Subsidiary permitted under clauses (d), except to qualify directors where required by applicable law or to satisfy other requirements (f), and/or (l) of applicable law with respect to the ownership of Equity Interests of Foreign SubsidiariesSection 8.3, (ii) permit any Loan Party or any Subsidiary of any Loan Party to issue or have outstanding any shares of preferred Equity Interests or Disqualified Capital Stock, (iii) create, incur, assume or suffer to exist any Lien on any Equity Interests Capital Stock of any Subsidiary of other than pursuant to the Loan Documents or pursuant to the documents governing any Loan Party, except for Permitted LiensIncremental Equivalent Debt.

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (ia) permit any Person (other than any Loan Party or any Wholly Wholly-Owned Subsidiary of the Borrower) to own any Equity Interests of any Subsidiary of any Loan Party, 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 Non-U.S. Subsidiaries, (iib) permit any Loan Party or any Subsidiary of any Loan Party to issue or have outstanding any shares of preferred Equity Interests Disqualified Capital Stock or (iiic) create, incur, assume or suffer to exist any Lien (other than Liens permitted under Section 8.01(a)) on any Equity Interests of any Subsidiary of any Loan Party, except for Permitted Liens.

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (ia) permit any Person (other than any Loan Party or any Wholly Owned Subsidiary of the BorrowerCompany) to own any Equity Interests of any Subsidiary of any Loan Party, 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, (iib) permit any Loan Party or any Subsidiary of any Loan Party to issue or have outstanding any shares of preferred Equity Interests or (iiic) create, incur, assume or suffer to exist any Lien on any Equity Interests of any Subsidiary of any Loan Party, except for Permitted Liens.

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (ia) permit any Person (other than any Loan Note Party or any Wholly Wholly-Owned Subsidiary of the BorrowerIssuer) to own any Equity Interests of any Subsidiary of any Loan Note Party, 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 Non-U.S. Subsidiaries, (iib) permit any Loan Note Party or any Subsidiary of any Loan Party to issue or have outstanding any shares of preferred Equity Interests Disqualified Capital Stock or (iiic) create, incur, assume or suffer to exist any Lien on any Equity Interests of any Subsidiary of any Loan Note Party, except for Permitted Liens.

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (ia) permit any Person (other than any Loan Party or any Wholly Wholly-Owned Subsidiary of the BorrowerParent) to own any Equity Interests of any Subsidiary of any Loan Party, 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, (iib) permit any Loan Party or any Subsidiary of any Loan Party to issue or have outstanding any shares of preferred Preferred Equity Interests (other than Qualified Equity Interests) or (iiic) create, incur, assume or suffer to exist any Lien on any Equity Interests of any Subsidiary of any Loan Party, except for Permitted Liens.

Ownership of Subsidiaries. Notwithstanding any other provisions of this Agreement to the contrary, (ia) permit any Person (other than any Loan Note Party or any Wholly Wholly-Owned Subsidiary of the BorrowerParent) to own any Equity Interests of any Subsidiary of any Loan PartyNote Party in existence as of the Closing Date, except to qualify directors where required by applicable law or to satisfy other requirements of applicable law with respect to the ownership 84 of Equity Interests of Foreign Subsidiaries, (iib) permit any Loan Note Party or any Subsidiary of any Loan Party to issue or have outstanding any shares of preferred Equity Interests Disqualified Capital Stock or (iiic) create, incur, assume or suffer to exist any Lien on any Equity Interests of any Subsidiary of any Loan Note Party, except for Permitted Liens.