Common use of Transfer of Assets to Subsidiaries Clause in Contracts

Transfer of Assets to Subsidiaries. The Company shall not, and shall not cause or permit any of its Subsidiaries to, directly or indirectly, transfer (other than in the ordinary course of business and other than pursuant to a Permitted Investment) any assets or property to any Subsidiary of the Company unless such Subsidiary pays fair market value therefor to the Company or to a Wholly-Owned Subsidiary of the Company. For purposes of this Section 6.14, the fair market value paid by such Subsidiary shall not consist in whole or in part of any securities or debt instruments of such Subsidiary or of any Affiliate of such Subsidiary.

Transfer of Assets to Subsidiaries. The Company shall not, and shall not cause or permit any of its Subsidiaries to, directly or indirectly, transfer (other than in the ordinary course of business and other than pursuant to a Permitted Investment) any assets or property to any Subsidiary of the Company unless such Subsidiary pays fair market value therefor to the Company or to a Wholly-Owned Subsidiary of the CompanyCompany and except as provided in Sections 6.3, 6.4, 6.5, 6.7 and 6.9. For purposes of this Section 6.146.16, except to the extent permitted by any of such Sections the fair market value paid by such Subsidiary shall not consist in whole or in part of any securities or debt instruments of such Subsidiary or of any Affiliate of such Subsidiary.

Transfer of Assets to Subsidiaries. The Company shall not, and shall not cause or permit any of its Subsidiaries to, directly or indirectly, transfer (other than in the ordinary course of business and other than pursuant to a Permitted Investment) any assets or property to any Subsidiary of the Company that is not a Guarantor unless such Subsidiary pays fair market value therefor to the Company or to a Wholly-Owned Subsidiary of the Companyany other Guarantor and except as provided in Sections 6.3, 6.4, 6.5, 6.7 and 6.9. For purposes of this Section 6.146.15, the fair market value paid by such Subsidiary shall not consist in whole or in part of any securities or debt instruments of such Subsidiary or of any Affiliate of such Subsidiary.

Transfer of Assets to Subsidiaries. The Company shall not, and shall not cause or permit any of its Subsidiaries to, directly or indirectly, transfer (other than in the ordinary course of business and other than pursuant to a Permitted Investment) any assets or property to any Subsidiary of the Company unless such Subsidiary pays fair market value therefor to the Company or to a Wholly-Owned Subsidiary of the CompanyCompany and except as provided in Sections 6.3, 6.4, 6.5, 6.7 and 6.9. For purposes of this Section 6.146.16, the fair market value paid by such Subsidiary shall not consist in whole or in part of any securities or debt instruments of such Subsidiary or of any Affiliate of such Subsidiary.

Transfer of Assets to Subsidiaries. The Company shall not, and shall not cause or permit any of its Subsidiaries to, directly or indirectly, transfer (other than in the ordinary course of business and other than pursuant to a Permitted Investment) any assets or property to any Subsidiary of the Company unless such Subsidiary pays fair market value therefor to the Company or to a Wholly-Owned Subsidiary of the CompanyCompany and except as provided in Sections 6.3, 6.4, 6.5, 6.7 and 6.9. For purposes of this Section 6.146.15, the fair market value paid by such Subsidiary shall not consist in whole or in part of any securities or debt instruments of such Subsidiary or of any Affiliate of such Subsidiary.