Transfers to Subsidiaries. The Maker shall not make any transfers of funds or other assets to any Subsidiary except in the ordinary course of business and consistent with past practice.
Transfers to Subsidiaries. At any time, the Seller, any of the Seller’s Subsidiary, or the Seller Designated Investment Entity on the one hand, and the Management Holdcos, on the other hand, (or their Subsidiaries) (each, to the extent that it owns Equity Securities of the Purchaser, a “Purchaser Equityholder” and “Purchaser Equity Transferor”) may transfer their Equity Securities of the Purchaser to any wholly-owned Subsidiary of such Purchaser Equityholder; provided, however, that such transferee shall at all times continue to be a wholly-owned Subsidiary and that such transferee becomes a party to this Agreement pursuant to an instrument satisfactory to the Seller’s and the Management Holdcos’ Representative; and provided, further, that if, at any time, such transferee ceases to be a wholly-owned Subsidiary of such Purchaser Equityholder, it shall immediately return all of the Equity Securities of the Purchaser received under this Section 9.7(a) to such Purchaser Equityholder. For the avoidance of doubt, and subject to Section 9.5, no transfer of Equity Securities of the Seller or of either Management Holdco shall be deemed to be a Transfer of Equity Securities of the Purchaser, provided that a Transfer of Equity Securities of a Management Holdco that results in a change of control of such Management Holdco shall constitute a Transfer of the Purchaser Equity Securities Beneficially Owned by such Management Holdco.
Transfers to Subsidiaries. No Borrower shall assign or otherwise transfer any Collateral or any proceeds of the Loans to any Excluded Subsidiary except that a Borrower may transfer proceeds of Collateral to an Excluded Subsidiary in connection with Permitted Intercompany Investments.
Transfers to Subsidiaries. Transfer any assets now or hereafter owned by the Borrower to any Subsidiary which is not a Borrower, except to the extent WLR may transfer funds to Rockingham Poultry, Inc. (VI) to maintain a balance in the RVI Account of no more than $15,000.
Transfers to Subsidiaries. Transfer any assets to any Subsidiary, except with the prior written consent of Lender.
Transfers to Subsidiaries. Until all Obligations have been indefeasibly paid or performed in full and this Agreement has been terminated in accordance with the terms of this Agreement, neither it nor any of its Subsidiaries shall transfer any property to a non-Eligible Subsidiary which transfer would result in a Material Adverse Effect hereunder.
Transfers to Subsidiaries. At any time, JD Group (or its Subsidiaries) and Founder Holdcos (or their Subsidiaries) (each, to the extent that it owns Equity Securities of JD Finance, a “ JD Finance Equityholder ” and “ JD Finance Equity Transferor ”) may transfer their Equity Securities of JD Finance to any wholly-owned Subsidiary of such JD Finance Equityholder; provided , however , that such transferee shall at all times continue to be a wholly-owned Subsidiary and that such transferee becomes a party to this Agreement pursuant to an instrument satisfactory to JD Group’s and each Founder Holdco’s Representative; and provided , further , that if, at any time, such transferee ceases to be a wholly-owned Subsidiary of such JD Finance Equityholder, it shall immediately return all of the Equity Securities of JD Finance received under this Section 10.5(a) to such JD Finance Equityholder. For the avoidance of doubt, no transfer of Equity Securities of JD Group shall be deemed to be a Transfer of Equity Securities of JD Finance.
Transfers to Subsidiaries. 46 SECTION 10.12
Transfers to Subsidiaries. Notwithstanding any other provision of this Article 8, each of INSCORP and Cumberland may Transfer Equity Securities beneficially owned by it to a Subsidiary of such Party, provided that, as a condition to any such Transfer, such transferee obtains any required Governmental Approvals and agrees in writing to receive and hold such Equity Securities subject to the provisions of this Agreement, where the transferee is a Subsidiary, and such transferee agrees to Transfer such Equity Securities back to the transferor Party in the event that such transferee ceases to be a Subsidiary of such Party unless the other Party agrees in writing to allow such transferee to continue to hold such Equity Securities. Any such transferee shall be included within the definition of "INSCORP", or "Cumberland," as the case may be, for purposes of this Agreement.
Transfers to Subsidiaries. Notwithstanding the provisions of Section 9.1, and subject to Section 9.3(g), any Capital Member, DLJ UTH or Morgans LTH may, without the consent of any Class A Member or any other Member, assign all or any portion of its Interest or Indirect Interest to a DLJ Fund or a Subsidiary of the DLJ Funds (in the case that the transferor is a DLJMB Party or a DLJ UTH) or a Subsidiary of Morgans Co. (in the case that the transferor is a Morgans Party or a Morgans LTH) so long as such Subsidiary remains a Subsidiary of the Person making the Transfer (or deemed to make a Transfer pursuant to Section 9.2) (in each case, a “Subsidiary Transfer”). If any Capital Member (or Assignee thereof), DLJ UTH or Morgans LTH Transfers all or any portion of its Interest or Indirect Interest (or beneficial interest therein) to a Subsidiary pursuant to this Section 9.3(b) and at any time thereafter such Subsidiary ceases to be a Subsidiary of a DLJ Fund or Morgans Co., as applicable, then such transferor (or its affiliated Member) and such transferee shall be in material breach of this Agreement with respect to all Interests held (directly or indirectly) by either of them in the Company.
