Common use of Additional Subsidiaries Clause in Contracts

Additional Subsidiaries. The Loan Parties will not, and will not permit any Subsidiary to, create any additional Subsidiary unless no Default or Event of Default would arise therefrom and the requirements of Section 5.13 are satisfied.

Appears in 13 contracts

Samples: Loan Agreement (Act Teleconferencing Inc), Credit Agreement (Wet Seal Inc), Loan Agreement (Act Teleconferencing Inc)

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Additional Subsidiaries. The Loan Parties Borrowers will not, and will not permit any Subsidiary other Loan Party to, create any additional Subsidiary unless no Default or Event of Default would arise therefrom and the requirements of Section 5.13 5.14, to the extent applicable, are satisfied.

Appears in 6 contracts

Samples: Credit Agreement (Brown Shoe Co Inc), Credit Agreement (Brown Shoe Co Inc), Credit Agreement (Caleres Inc)

Additional Subsidiaries. The Loan Parties will not, and will not permit any Subsidiary to, create any additional Subsidiary unless no Default or Event of Default would arise therefrom and the requirements of Section 5.13 5.12 are satisfiedsatisfied contemporaneously therewith.

Appears in 6 contracts

Samples: Credit Agreement (Petsmart Inc), Credit Agreement (Jo-Ann Stores Inc), Credit Agreement (Jo-Ann Stores Inc)

Additional Subsidiaries. The Loan Parties will not, and will not permit any Subsidiary to, create any additional Subsidiary unless no Default or Event of Default would arise therefrom the investment with respect thereto is permitted pursuant to Section 7.4 and the requirements of Section 5.13 6.12 are satisfiedsatisfied contemporaneously therewith.

Appears in 5 contracts

Samples: Possession Credit Agreement (Footstar Inc), Credit Agreement (Footstar Inc), Exit Credit Agreement (Footstar Inc)

Additional Subsidiaries. The Loan Parties will not, and will not permit any Subsidiary to, create any additional Subsidiary unless no Default or Event of Default would arise therefrom and the requirements of Section SECTION 5.13 are satisfiedsatisfied contemporaneously therewith.

Appears in 2 contracts

Samples: Credit Agreement (Tweeter Home Entertainment Group Inc), Credit Agreement (Tweeter Home Entertainment Group Inc)

Additional Subsidiaries. The Loan Parties will not, and will not permit any Subsidiary to, create any additional Subsidiary unless no Default or Event of Default would arise therefrom and the requirements of Section 5.13 are satisfied. SECTION 6.11.

Appears in 1 contract

Samples: Credit Agreement (Stage Stores Inc)

Additional Subsidiaries. The Loan Parties will not, and will not permit any Subsidiary to, create any additional Subsidiary unless no Default or Event of Default would arise therefrom and the requirements of Section 5.13 are satisfiedsatisfied contemporaneously therewith.

Appears in 1 contract

Samples: Credit Agreement (Tweeter Home Entertainment Group Inc)

Additional Subsidiaries. The Loan Parties will not, and will not permit any Subsidiary to, create any additional Subsidiary unless no Default or Event of Default would arise therefrom and the requirements of Section 5.13 SECTION 5.12 are satisfied.

Appears in 1 contract

Samples: Credit Agreement (Longs Drug Stores Corp)

Additional Subsidiaries. The Loan Parties will not, and will not permit any Subsidiary to, create any additional Subsidiary (other than a Securitization Program Subsidiary) unless no Default or Event of Default would arise therefrom and the requirements of Section 5.13 are satisfied.

Appears in 1 contract

Samples: Credit Agreement (Stage Stores Inc)

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Additional Subsidiaries. The Loan Parties Borrowers will not, and will not permit any Subsidiary other Loan Party to, create any additional Subsidiary unless no Default or Event of Default would arise therefrom and the requirements of Section 5.13 5.14, to the extent applicable, are satisfied.. ​

Appears in 1 contract

Samples: Credit Agreement (Caleres Inc)

Additional Subsidiaries. The Loan Parties Borrowers will not, and will not permit any Subsidiary other Loan Party to, create any additional Subsidiary unless no Default or Event of Default would arise therefrom and the requirements of Section 5.13 5.14, to the extent applicable, are satisfied.. 103

Appears in 1 contract

Samples: Credit Agreement (Brown Shoe Co Inc)

Additional Subsidiaries. The Loan Parties will not, and will not permit any Subsidiary of their Subsidiaries to, create any additional Subsidiary unless no Default or Event of Default would arise therefrom and the requirements of Section 5.13 5.12 are satisfied. For the avoidance of doubt, nothing in this Section 6.10 shall restrict the creation of the Excluded Entity.

Appears in 1 contract

Samples: Credit Agreement (Trans World Entertainment Corp)

Additional Subsidiaries. The Loan Parties will not, and will not permit any Subsidiary to, create any additional Subsidiary unless no Default or Event of Default would arise therefrom and the requirements of Section 5.13 6.12 are satisfied.satisfied contemporaneously therewith. SECTION 7.11

Appears in 1 contract

Samples: Credit Agreement (Footstar Inc)

Additional Subsidiaries. The Loan Parties will not, and will not permit any Subsidiary to, create any additional Subsidiary unless no Default or Event of Default would arise therefrom and the requirements of Section 5.13 5.12 are satisfied.

Appears in 1 contract

Samples: Credit Agreement (Trans World Entertainment Corp)

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