Limitation on Designation of Unrestricted Subsidiaries. The Corporation will not designate any Subsidiary of the Corporation (other than a newly created Subsidiary in which no Investment in excess of $1,000 has previously been made) as an "Unrestricted Subsidiary" under the Indenture (a "Designation") after the Issue Date unless:
Appears in 2 contracts
Samples: Collateral Security Agreement (Ampex Corp /De/), Ampex Corp /De/
Limitation on Designation of Unrestricted Subsidiaries. (a) The Corporation Company will not designate any Subsidiary of the Corporation Company (other than a newly created Subsidiary in which no Investment in excess of $1,000 has previously been made) as an "Unrestricted Subsidiary" under the this Indenture (a "Designation") after the Issue Date unless:
Appears in 2 contracts
Samples: Indenture (Phibro Animal Health Corp), Pahc Holdings Corp