Unit Subsidiary. Notwithstanding anything to the contrary contained elsewhere in this Agreement, in no event shall (i) the Unit Subsidiary be liquidated and/or dissolved, or (ii) the Unit Subsidiary be merged or consolidated with or into any Loan Party or any of their respective Subsidiaries or any other Person.
Unit Subsidiary. All Non-Certificated Units located in the United States of America or any State or territory thereof are owned by the Unit Subsidiary other than those Units that are not owned by a US Loan Party or are the subject of a Stand-Alone Customer Capital Lease.
Unit Subsidiary. (a) Each Loan Party shall at all times cause the Unit Subsidiary to be a direct, Wholly-Owned US Subsidiary of WS or another US Loan Party.
Unit Subsidiary. Except for Units that are the subject of a Permitted Stand-Alone Capital Lease Transaction, all Non-Qualified Units owned by any Loan Party which are located in the United States of America or any State or territory thereof are owned by the Unit Subsidiary or, if acquired by any other Loan Party after the Closing Date, shall within ninety days after the month in which such acquisition occurred (or such longer period as the Agent may agree in its sole discretion), be contributed to the Unit Subsidiary.
Unit Subsidiary. Notwithstanding anything to the contrary contained elsewhere in this Credit Agreement, in no event shall (i) the Unit Subsidiary be liquidated and/or dissolved, (ii) the Unit Subsidiary be merged or consolidated with or into Holdings, the Borrower or any of their respective other Subsidiaries or any other Person, (iii) the Unit Subsidiary become a "Guarantor" as opposed to a "Subordinated Guarantor" under the Senior Unsecured Notes Indenture or (iv) the Borrower permit the "Subordinated Guaranty" of the Unit Subsidiary contained in the Senior Unsecured Notes Indenture to be released.
Unit Subsidiary. Unit Subsidiary is a direct Wholly-Owned Domestic Subsidiary of the Borrower (all of the equity interests in which are pledged to the U.S. Pledgee pursuant to the Pledge Agreement). All Non-Qualified Units owned by Holdings or any of its Subsidiaries which are located in the United States of America or any State or territory thereof are owned by the Unit Subsidiary or, if acquired by the Borrower or any of its Subsidiaries after the Effective Date, shall within five Business Days after the month in which such acquisition occurred, be contributed to the equity of the Unit Subsidiary.
Unit Subsidiary. 8.21 Change of Legal Names; Type of Organization (and Whether a Registered Organization); Jurisdiction of Organization etc.
Unit Subsidiary. 6.26 Rental Equipment; Business of the Credit Parties
Unit Subsidiary. 88 6.26 Rental Equipment; Business of the Credit Parties............89 6.27 Legal Names; Type of Organization (and Whether a Registered Organization); Jurisdiction of Organization; etc...........................................89 6.28 Insurance...................................................89 6.29
Unit Subsidiary. Provisions Relating to Units; etc.........104 7.19
