Wholly-Owned Subsidiaries. Nothing herein shall be construed as preventing the amalgamation or merger of any wholly-owned direct or indirect Subsidiary of the General Partner with or into the General Partner or the winding-up, liquidation or dissolution of any wholly-owned direct or indirect Subsidiary of the General Partner (other than the Partnership) provided that all of the assets of such Subsidiary are transferred to the General Partner or another wholly-owned direct or indirect Subsidiary of the General Partner or any other distribution of the assets of any wholly-owned direct or indirect Subsidiary of the General Partner among the shareholders of such Subsidiary, and any such transactions are expressly permitted by this Article 11.
Appears in 6 contracts
Samples: Limited Partnership Agreement (Telesat Partnership LP), Limited Partnership Agreement (Telesat Corp), Limited Partnership Agreement (Telesat Partnership LP)
Wholly-Owned Subsidiaries. Nothing herein shall be construed as preventing the amalgamation or merger of any wholly-owned direct or indirect Subsidiary of Holdings (other than the General Partner Partnership) with or into the General Partner Holdings or the winding-up, liquidation or dissolution of any wholly-owned direct or indirect Subsidiary of the General Partner Holdings (other than the Partnership) provided that all of the assets of such Subsidiary are transferred to the General Partner Holdings or another wholly-owned direct or indirect Subsidiary of the General Partner Holdings or any other distribution of the assets of any wholly-owned direct or indirect Subsidiary of the General Partner Holdings among the shareholders of such Subsidiary, and any such transactions are expressly permitted by this Article 11.
Appears in 5 contracts
Samples: Exempted Limited Partnership Agreement, Exempted Limited Partnership Agreement (Broadcom Cayman L.P.), Agreement and Plan of Merger (Broadcom Corp)
