Disposal of Subsidiary Interests. Permit any US Subsidiary existing as of the date hereof to be a non-Wholly-Owned Subsidiary except as a result of or in connection with a dissolution, merger, amalgamation, consolidation or disposition permitted by Section 9.4 or 9.5, except in connection with the grant of the Permitted Drum Equity to officers, directors or employees.
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Samples: Credit Agreement (Centuri Holdings, Inc.), Credit Agreement (Centuri Holdings, Inc.), Credit Agreement (Southwest Gas Corp)
Disposal of Subsidiary Interests. Permit any Wholly-Owned US Subsidiary existing as of the date hereof that is a Restricted Subsidiary to be a non-Wholly-Owned Subsidiary except as a result of or in connection with a dissolution, merger, amalgamation, consolidation or disposition permitted by Section 9.4 10.4 or 9.5, except in connection with the grant of the Permitted Drum Equity to officers, directors or employees10.5.
Appears in 4 contracts
Samples: Intercreditor Agreement (Beacon Roofing Supply Inc), Credit Agreement (Beacon Roofing Supply Inc), Intercreditor Agreement (Beacon Roofing Supply Inc)
Disposal of Subsidiary Interests. Permit any US Subsidiary existing as of the date hereof to be a non-Wholly-Owned Subsidiary except as a result of or in connection with a dissolution, merger, amalgamation, consolidation or disposition permitted by Section 9.4 or 9.5, except in connection with the grant of the Permitted Drum Equity to officers, directors or employees.
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Disposal of Subsidiary Interests. Permit any US Subsidiary existing as of the date hereof to be a non-Wholly-Owned Subsidiary except as a result of or in connection with a dissolution, merger, amalgamation, consolidation or disposition permitted by Section 9.4 or 9.5, except in connection with the grant of the Permitted Drum Equity to officers, directors or employees.. 137 146960219_6
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Disposal of Subsidiary Interests. Permit any US Subsidiary existing as of the date hereof (other than IntelliChoice Energy, LLC and the Canadian Borrower) to be a non-Wholly-Owned Subsidiary except as a result of or in connection with a dissolution, merger, amalgamation, consolidation or disposition permitted by Section 9.4 or 9.5, except in connection with the grant of the Permitted Drum Equity to officers, directors or employees.
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Disposal of Subsidiary Interests. Permit any Wholly-- Owned US Subsidiary existing as of the date hereof that is a Restricted Subsidiary to be a non---Wholly---Owned Subsidiary except as a result of or in connection with a dissolution, merger, amalgamation, consolidation or disposition permitted by Section 9.4 10.4 or 9.5, except in connection with the grant of the Permitted Drum Equity to officers, directors or employees10.5.
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