Common use of Permitting Unrestricted Subsidiaries To Become Restricted Subsidiaries Clause in Contracts

Permitting Unrestricted Subsidiaries To Become Restricted Subsidiaries. The Company shall not permit any Unrestricted Subsidiary to be designated as a Restricted Subsidiary unless such Subsidiary is otherwise in compliance with all provisions of the Indenture and this Supplemental Indenture that apply to Restricted Subsidiaries.

Appears in 23 contracts

Samples: Sixth Supplemental Indenture (Macy's, Inc.), Fifth Supplemental Trust Indenture (Macy's, Inc.), Macy's, Inc.

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Permitting Unrestricted Subsidiaries To Become Restricted Subsidiaries. The Company shall not permit any Unrestricted Subsidiary to be designated as a Restricted Subsidiary unless such Subsidiary is otherwise in compliance with all provisions of has outstanding no Indebtedness except such Indebtedness as the Indenture and this Supplemental Indenture that apply Company could permit it to Restricted Subsidiaries.become liable for immediately after becoming

Appears in 2 contracts

Samples: Supplemental Indenture (Federated Department Stores Inc /De/), Supplemental Indenture (Federated Department Stores Inc /De/)

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Permitting Unrestricted Subsidiaries To Become Restricted Subsidiaries. The Company shall not permit any Unrestricted Subsidiary to be designated as a Restricted Subsidiary unless such Subsidiary has outstanding no Indebtedness except such Indebtedness as the Company could permit it to become liable for immediately after becoming a Restricted Subsidiary and such Subsidiary is otherwise in compliance with all provisions of the Indenture and this Supplemental Indenture that apply to Restricted Subsidiaries.

Appears in 2 contracts

Samples: Eighth Supplemental Indenture (Federated Department Stores Inc /De/), Federated Department Stores Inc /De/

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