Common use of Permitted Subsidiaries Clause in Contracts

Permitted Subsidiaries. save as the Majority Lenders may otherwise agree (such agreement not to be unreasonably withheld) ensure that any Permitted Subsidiaries operate their respective businesses in a proper and efficient manner and in accordance with the principles set out in Schedule 11 (Financing of the Subsidiaries);

Appears in 3 contracts

Samples: Project Financing Facility Agreement, Loan Agreement (Mercer International Inc), Project Facility Agreement (Mercer International Inc.)

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Permitted Subsidiaries. save as the Majority Lenders may otherwise agree (such agreement not to be unreasonably withheld) ensure that any Permitted Subsidiaries operate their respective businesses in a proper and efficient manner and in accordance with the principles set out in Schedule 11 9 (Financing of the Subsidiaries)) of the Pulp Mill Facility Agreement;

Appears in 2 contracts

Samples: Project Financing Agreement (Mercer International Inc.), Project Financing Agreement (Mercer International Inc.)

Permitted Subsidiaries. save as the Majority Lenders may otherwise agree (such agreement not to be unreasonably withheld) ensure that any Permitted Subsidiaries operate their respective businesses in a proper and efficient manner and in accordance with the principles set out in Schedule 11 9 (Financing of the Subsidiaries);

Appears in 2 contracts

Samples: Project Financing Facility Agreement (Mercer International Inc.), Project Financing Facility Agreement (Mercer International Inc.)

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Permitted Subsidiaries. save as the Majority Lenders may otherwise agree (such agreement not to be unreasonably withheld) ensure that any Permitted Subsidiaries operate their respective businesses in a proper and efficient manner and in accordance with the principles set out in Schedule 11 (Financing ----------- of the Subsidiaries);

Appears in 1 contract

Samples: Project Financing Facility Agreement (Mercer International Inc)

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