Subsidiaries or Partnerships. Except as otherwise permitted by the terms of this Agreement (including but not limited to SECTIONS 5.11, 5.12 and 6.7 hereof), (a) become a partner or joint venturer in any partnership or joint venture, or (b) create or acquire any new Subsidiary.
Subsidiaries or Partnerships. Except as otherwise permitted by SECTION 6.8, (a) become a partner or joint venturer in any partnership or joint venture, or (b) create or acquire any new Subsidiary; provided that the Borrower or any Subsidiary may (i) create or acquire one or more Subsidiaries in connection with a Permitted Physician Transaction or an approved Physician Transaction consummated in compliance with SECTION 5.14 or 6.2, respectively, of this Agreement, and (ii) create a direct or indirect wholly-owned Subsidiary de novo; provided further that, in any such instance, the created or acquired Subsidiary complies with the provisions of SECTION 5.11.
Subsidiaries or Partnerships. (a) Become a partner or joint venturer in any partnership or joint venture, unless the Borrower shall give the Bank at least thirty (30) days’ prior written notice thereof, or (b) acquire or create any Subsidiary or divest itself of any material assets by transferring them to any Subsidiary, unless (i) in the case of a domestic Subsidiary, the Borrower shall give the Bank notice thereof at least thirty (30) days’ prior or as soon thereafter as reasonably practicable, (ii) in the case of a foreign Subsidiary, the Borrower shall give the Bank notice thereof at least thirty (30) days’ prior, and (iii) whether such Subsidiary is a domestic Subsidiary or a foreign Subsidiary, such Subsidiary shall comply with all of the conditions and requirements set forth in Section 5.10.
Subsidiaries or Partnerships. (a) Become a partner or joint venturer in any partnership or joint venture, unless the Borrower shall give the Bank at least thirty (30) days’ prior written notice thereof or as soon thereafter as reasonably practicable, or (b) acquire or create any Subsidiary or divest itself of any material assets by transferring them to any Subsidiary, unless (i) in the case of a domestic Subsidiary, the Borrower shall give the Bank notice thereof at least thirty (30) days’ prior or as soon thereafter as reasonably practicable, (ii) in the case of a foreign Subsidiary, the Borrower shall give the Bank notice thereof at least thirty (30) days’ prior or as soon thereafter as reasonably practicable, and (iii) whether such Subsidiary is a domestic Subsidiary or a foreign Subsidiary, such Subsidiary shall comply with all of the conditions and requirements set forth in Section 5.10.
Subsidiaries or Partnerships. Create any new Subsidiary or transfer any assets to a Subsidiary, other than a Subsidiary which is a Guarantor, or become a partner or joint venturer in any partnership or joint venture.
Subsidiaries or Partnerships. (a) Become a partner or joint venturer in any partnership or joint venture, unless the Borrower shall give the Bank at least thirty (30) days’ prior written notice thereof or as soon thereafter as reasonably practicable, or (b) acquire or create any Subsidiary or divest itself of any material assets by transferring them to any Subsidiary, unless the Borrower shall give the Bank notice thereof at least thirty (30) days’ prior or as soon thereafter as reasonably practicable.
Subsidiaries or Partnerships. Create any new Subsidiary or transfer any assets to a Subsidiary, or become a partner or joint venturer in any partnership or joint venture, except with the consent of the Bank in connection with acquisitions permitted pursuant to Section 6.2 hereof, and provided, however, that any acquired entity shall become a guarantor of the obligations hereunder on terms and conditions satisfactory to the Bank.
Subsidiaries or Partnerships. (a) Become a partner or joint venturer in any partnership or joint venture, or (b) create or acquire any new Subsidiary; provided that the Borrower or any Subsidiary may (i) create or acquire one or more Subsidiaries in connection with a Permitted Acquisition consummated in compliance with this Agreement, and (ii) create a Subsidiary de novo; provided further that, in any such instance, the created or acquired Subsidiary complies with the provisions of Section 5.13. RTC Holdings International will not engage in any activities other than holding the stock of its operating Subsidiaries and ordinary course administrative functions.
Subsidiaries or Partnerships. 82 6.20 Transactions Affecting the Collateral...................................82 6.21
Subsidiaries or Partnerships. (a) Become a partner or joint venturer in any partnership or joint venture, or (b) create or acquire any new Subsidiary; provided that the Borrower or any Subsidiary may (i) create or acquire one or more Subsidiaries in connection with a Permitted Acquisition consummated in compliance with this Agreement, and (ii) create a Subsidiary de novo; provided further that, in any such instance, the created or acquired Subsidiary complies with the provisions of Section 5.13. None of RTC Holdings International, RTC Holdings or RTC TN will engage in any activities other than holding the stock of its operating Subsidiaries and ordinary course administrative functions (provided that RTC TN may continue to acquire, own and license trademarks to the Borrower and its Subsidiaries consistent with past practice).
