Common use of Canadian Borrower Clause in Contracts

Canadian Borrower. Holdings and the Borrower shall ensure that the Canadian Borrower is on the Effective Date, and shall at all times thereafter be, an indirect or direct wholly owned Subsidiary of the Borrower, Holdings and the Borrower agree that the Canadian Borrower is not permitted to be sold, transferred or otherwise disposed of pursuant to Section 10.4.

Appears in 5 contracts

Samples: Credit Agreement (Sealy Mattress CORP), Assignment and Acceptance (Sealy Corp), Credit Agreement (Sealy Corp)

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Canadian Borrower. Holdings and the The Borrower shall ensure that the Canadian Borrower is on the Effective Closing Date, and shall at all times thereafter be, an indirect or direct wholly owned Subsidiary of the Borrower, Holdings and the . The Borrower agree agrees that the Canadian Borrower is not permitted to be sold, transferred or otherwise disposed of pursuant to Section 10.4.

Appears in 2 contracts

Samples: Credit Agreement (Jostens IH Corp.), Credit Agreement (Visant Corp)

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Canadian Borrower. Holdings and the Borrower shall ensure that the Canadian Borrower is on the Effective Closing Date, and shall at all times thereafter be, an indirect or direct wholly owned Subsidiary of the Borrower, Holdings and the Borrower agree that the Canadian Borrower is not permitted to be sold, transferred or otherwise disposed of pursuant to Section 10.4.

Appears in 1 contract

Samples: Credit Agreement (Sealy Corp)

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