Common use of Ownership of Subsidiaries Clause in Contracts

Ownership of Subsidiaries. The Borrower owns, free and clear of any Lien (other than Liens expressly permitted by Section 6.01), all of the issued and outstanding shares of common stock of each of the Principal Subsidiaries.

Appears in 11 contracts

Samples: Bridge Credit Agreement (Frontier Communications Corp), Credit Agreement (Frontier Communications Corp), Credit Agreement (Frontier Communications Corp)

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Ownership of Subsidiaries. The Borrower owns, directly or indirectly, free and clear of any Lien (other than Liens expressly permitted by Section 6.016.01 or 6.02), all of the issued and outstanding shares of common stock of each of the Principal Subsidiaries.

Appears in 6 contracts

Samples: Credit Agreement (Frontier Communications Corp), Credit Agreement (Frontier Communications Corp), Credit Agreement (Frontier Communications Corp)

Ownership of Subsidiaries. The Borrower owns, free and clear of any Lien (other than Liens expressly permitted by Section 6.017.1), all of the issued and outstanding shares of common stock of each of the Principal Subsidiaries.

Appears in 5 contracts

Samples: Credit Agreement (Frontier Communications Corp), Credit Agreement (Frontier Communications Corp), Credit Agreement (Frontier Communications Corp)

Ownership of Subsidiaries. The Borrower owns, free and clear of any Lien (other than Liens expressly permitted by Section 6.01Subsection 3.1), all of the issued and outstanding shares of common stock of each of the Principal Subsidiaries.

Appears in 3 contracts

Samples: Credit Agreement (Frontier Communications Corp), Credit Agreement (Citizens Communications Co), Credit Agreement (Citizens Communications Co)

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Ownership of Subsidiaries. The Borrower owns, free and clear of any Lien (other than Liens expressly permitted by Section 6.017.04), all of the issued and outstanding shares of common stock of each of the Principal Subsidiaries.

Appears in 1 contract

Samples: Loan Agreement (Citizens Communications Co)

Ownership of Subsidiaries. The Borrower owns, directly or indirectly, free and clear of any Lien (other than Liens expressly permitted by Section 6.01), all of the issued and outstanding shares of common stock of each of the Principal Restricted Subsidiaries.

Appears in 1 contract

Samples: Senior Secured Debtor in Possession Credit Agreement (Frontier Communications Corp)

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