Common use of Designation of Restricted and Unrestricted Subsidiaries Clause in Contracts

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer may designate any Restricted Subsidiary to be an Unrestricted Subsidiary if that designation would not cause a Default.

Appears in 13 contracts

Samples: Indenture (Carnival PLC), Indenture (Norwegian Cruise Line Holdings Ltd.), Indenture (Carnival PLC)

AutoNDA by SimpleDocs

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer may designate any Restricted Subsidiary of the Issuer to be an Unrestricted Subsidiary if that designation would not cause a Default.Subsidiary; provided that:

Appears in 10 contracts

Samples: Trust Indenture (Columbia Care Inc.), Indenture (Western Refining, Inc.), Indenture (Western Refining, Inc.)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board board of Directors directors of the Issuer Borrower may designate any Restricted Unrestricted Subsidiary to be an Unrestricted Subsidiary if a Restricted Subsidiary; provided that designation would not cause a Defaultno Default or Event of Default shall have occurred and be continuing immediately prior to or after giving effect to such designation.

Appears in 8 contracts

Samples: Credit Agreement (Cinemark Holdings, Inc.), Credit Agreement (Cinemark Usa Inc /Tx), Credit Agreement (Cinemark Usa Inc /Tx)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer may designate any Restricted Subsidiary of the Issuer to be an Unrestricted Subsidiary if that designation would not cause a Default.if:

Appears in 6 contracts

Samples: Supplemental Indenture (Crocs, Inc.), Indenture (Crocs, Inc.), Supplemental Indenture (Energizer Holdings, Inc.)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer Company may designate any Restricted Subsidiary of the Company (other than any Issuer) to be an Unrestricted Subsidiary if that designation would not cause a Default.Subsidiary; provided that:

Appears in 5 contracts

Samples: Indenture (Uniti Group Inc.), Indenture (Uniti Group Inc.), Indenture (Uniti Group Inc.)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer may designate any Restricted Subsidiary to be an Unrestricted Subsidiary if that designation would not cause a Default or Event of Default.

Appears in 5 contracts

Samples: Indenture (Sanmina-Sci Corp), Indenture (Sanmina-Sci Corp), Sanmina-Sci Corp

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors may designate any Subsidiary of the Issuer may designate any Restricted Subsidiary to be an Unrestricted Subsidiary if that designation would not cause a Default.if:

Appears in 4 contracts

Samples: Indenture (Spansion Inc.), Merger (Spansion Inc.), Indenture (Spansion Inc.)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer may designate any Restricted Subsidiary to be an Unrestricted Subsidiary, unless a Subsidiary if that designation would of such Restricted Subsidiary is a Restricted Subsidiary (and is not cause a Default.concurrently being designated as an Unrestricted Subsidiary); provided that

Appears in 4 contracts

Samples: Indenture (Emerald Plantation Holdings LTD), www.emeraldplantationholdings.com, www.emeraldplantationholdings.com

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer Managers may designate any Restricted Subsidiary Subsidiary, including a newly acquired or created Subsidiary, to be an Unrestricted Subsidiary if that it meets the following qualifications and the designation would not cause a Default.:

Appears in 4 contracts

Samples: Supplemental Indenture (Home Point Capital Inc.), Supplemental Indenture (UWM Holdings Corp), Indenture (UWM Holdings Corp)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer Xxxxxxx may designate any Restricted Subsidiary to be an Unrestricted Subsidiary if that designation no Default or Event of Default would not cause a Default.be in existence following such designation; provided that:

Appears in 3 contracts

Samples: Indenture (Compton Petroleum Holdings CORP), Indenture (Compton Petroleum Holdings CORP), Supplemental Indenture (Compton Petroleum Holdings CORP)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer may designate any Restricted Subsidiary of the Issuer (other than the Co-Issuer and CSL National) to be an Unrestricted Subsidiary if that designation would not cause a Default.Subsidiary; provided that:

Appears in 3 contracts

Samples: Indenture (Communications Sales & Leasing, Inc.), Indenture (Communications Sales & Leasing, Inc.), Communications Sales & Leasing, Inc.

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer may designate any Restricted Subsidiary to be an Unrestricted Subsidiary if that designation would not cause a Default.Subsidiary; provided that:

Appears in 2 contracts

Samples: Indenture (GFL Environmental Holdings Inc.), Indenture (GFL Environmental Holdings Inc.)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer Parent Guarantor may designate any Restricted Subsidiary (other than the Issuer) to be an Unrestricted Subsidiary if that designation would not cause a Default.

Appears in 2 contracts

Samples: Indenture (Lindblad Expeditions Holdings, Inc.), Indenture (Royal Caribbean Cruises LTD)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer may designate any Restricted Subsidiary to be an Unrestricted Subsidiary if that designation would not cause a Default.; provided that in no event shall there be any Unrestricted Subsidiaries on or immediately following the date of this

Appears in 2 contracts

Samples: Indenture (Aigis Mechtronics, Inc.), Indenture (Nortek Inc)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer Cxxxxxx may designate any Restricted Subsidiary to be an Unrestricted Subsidiary if that designation no Default or Event of Default would not cause a Default.be in existence following such designation; provided that:

Appears in 1 contract

Samples: Compton Petroleum Holdings CORP

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer may designate any Restricted Subsidiary of the Issuer to be an Unrestricted Subsidiary if that designation would not cause a Default.Subsidiary; provided that:

Appears in 1 contract

Samples: Trust Indenture (Curaleaf Holdings, Inc.)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer may designate any Restricted Subsidiary (other than the Guarantor or any Subsidiary thereof) to be an Unrestricted Subsidiary if that designation would not cause a Default.

Appears in 1 contract

Samples: Indenture (Royal Caribbean Cruises LTD)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer Parent may designate any Restricted Subsidiary (other than the Issuer) to be an Unrestricted Subsidiary if that designation would not cause a Default.

Appears in 1 contract

Samples: Indenture (Norwegian Cruise Line Holdings Ltd.)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer may designate any Restricted Subsidiary (other than a Secured Guarantor) to be an Unrestricted Subsidiary if that designation would not cause a Default.

Appears in 1 contract

Samples: Indenture (Lindblad Expeditions Holdings, Inc.)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer may designate any Restricted Subsidiary or other Subsidiary of the Issuer to be an Unrestricted Subsidiary if that designation would not cause a Default.if:

Appears in 1 contract

Samples: Supplemental Indenture (Interval Leisure Group, Inc.)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer may designate any Restricted Subsidiary Subsidiary, including a newly acquired or created Subsidiary, to be an Unrestricted Subsidiary if that it meets the following qualifications and the designation would not cause a Default.:

Appears in 1 contract

Samples: Indenture (GeoPark LTD)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer may designate any Restricted Subsidiary other than a Secured Guarantor to be an Unrestricted Subsidiary if that designation would not cause a Default.

Appears in 1 contract

Samples: Supplemental Indenture (Norwegian Cruise Line Holdings Ltd.)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board Issuer may, by delivery of Directors of an Officer’s Certificate to the Issuer may Trustee, designate any of its Restricted Subsidiary Subsidiaries to be an Unrestricted Subsidiary if that designation would not cause a Default.Subsidiary; provided that:

Appears in 1 contract

Samples: Moneygram International Inc

AutoNDA by SimpleDocs

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer may designate any Restricted Subsidiary to be an Unrestricted Subsidiary if that designation would not cause a Default.Subsidiary, provided that:

Appears in 1 contract

Samples: Trust Indenture (Perpetual Energy Inc.)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer may designate any Restricted Subsidiary to be an Unrestricted Subsidiary if that designation would not cause a Default.if:

Appears in 1 contract

Samples: Indenture (CAESARS ENTERTAINMENT Corp)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer may designate any (i) Restricted Subsidiary to be an Unrestricted Subsidiary and (ii) Unrestricted Subsidiary to be a Restricted Subsidiary, in each case, if any such designation would not cause a Default; provided, that the Issuer may not designate a Restricted Subsidiary to be an Unrestricted Subsidiary if that designation would not cause a Defaultsuch Restricted Subsidiary guarantees the Revolving Credit Facility or any Public Debt.

Appears in 1 contract

Samples: Indenture (InterXion Holding N.V.)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer may designate or redesignate any Restricted Subsidiary of the Issuer to be an Unrestricted Subsidiary if that designation would not cause a Default.if:

Appears in 1 contract

Samples: Supplemental Indenture (Energizer Holdings, Inc.)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer may designate any Restricted Subsidiary Subsidiary, including a newly acquired or created Subsidiary, to be an Unrestricted Subsidiary if that it meets the following qualifications and the designation would not cause a Default.:

Appears in 1 contract

Samples: Note Guarantee Agreement (GeoPark LTD)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the an Issuer may designate any Restricted Subsidiary of such Issuer to be an Unrestricted Subsidiary if that designation would not cause a Default.if

Appears in 1 contract

Samples: Pledge and Guarantee Agreement (Consolidated Communications Texas Holdings, Inc.)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer may designate any Restricted Subsidiary (other than a Guarantor or a Restricted Subsidiary that owns, directly or indirectly, Equity Interests in a Guarantor) to be an Unrestricted Subsidiary if that designation would not cause a Default.

Appears in 1 contract

Samples: Indenture (Royal Caribbean Cruises LTD)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer may designate any Restricted Subsidiary Subsidiary, including a newly acquired or created Subsidiary, to be an Unrestricted Subsidiary if that it meets the following qualifications and the designation would not cause a an Event of Default.:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Digitalglobe Inc)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer may designate any Restricted Subsidiary to be an Unrestricted Subsidiary if that designation would not cause a Default.Subsidiary; provided that:

Appears in 1 contract

Samples: Trust Indenture (Harvest Health & Recreation Inc.)

Designation of Restricted and Unrestricted Subsidiaries. (a) The By resolution of the Board of Directors of the Issuer, any Subsidiary (or entity to become a Subsidiary) of the Issuer may designate any Restricted Subsidiary be designated to be an Unrestricted Subsidiary if that designation would not cause a Default.if:

Appears in 1 contract

Samples: Indenture (Pharma Services Intermediate Holding Corp)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer may designate any Restricted Subsidiary Subsidiary, including a newly acquired or created Subsidiary, to be an Unrestricted Subsidiary if that it meets the following qualifications and the designation would not cause a Default.:

Appears in 1 contract

Samples: Supplemental Indenture (Roundy's, Inc.)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer may designate any of its Restricted Subsidiary Subsidiaries to be an Unrestricted Subsidiary if that designation would not cause a Default.Subsidiary; provided that:

Appears in 1 contract

Samples: Passu Intercreditor Agreement (CPI Card Group Inc.)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer may designate any Restricted Subsidiary of the Issuer to be an Unrestricted Subsidiary if that designation would not cause a Default.Subsidiary; provided that:

Appears in 1 contract

Samples: Joinder Agreement (SFX Entertainment, INC)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer may designate (a “Designation”) any Restricted Subsidiary to be an Unrestricted Subsidiary if that designation such Designation would not cause a Default.. If a Restricted Subsidiary is designated as an Unrestricted Subsidiary, all outstanding Investments owned by the Issuer and its Restricted Subsidiaries in the Subsidiary so designated

Appears in 1 contract

Samples: Supplemental Indenture (Trestle Transport, Inc.)

Designation of Restricted and Unrestricted Subsidiaries. (a) The Board of Directors of the Issuer may designate any Restricted Subsidiary (other than the Issuer), including a newly acquired or created Subsidiary, to be an Unrestricted Subsidiary if that it meets the following qualifications and the designation would not cause a Default.:

Appears in 1 contract

Samples: Supplemental Indenture (Seagate Technology)

Time is Money Join Law Insider Premium to draft better contracts faster.