Common use of Unrestricted Subsidiaries Clause in Contracts

Unrestricted Subsidiaries. So long as no Default or Event of Default has occurred and is continuing, and immediately after giving effect to such designation on a pro forma basis, no Default or Event of Default would result therefrom, the Borrower or any wholly-owned Subsidiary of the Borrower may designate one or more Subsidiaries as Unrestricted Subsidiaries (each such Subsidiary, and each of its Subsidiaries, an “Unrestricted Subsidiary”), which Unrestricted Subsidiaries shall be subject to the following:

Appears in 3 contracts

Samples: Assignment and Assumption, Assignment and Assumption (Plains Gp Holdings Lp), Assignment and Assumption (Plains All American Pipeline Lp)

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Unrestricted Subsidiaries. So long as no Default or Event of Default has occurred and is continuing, and immediately after giving effect to such designation on a pro forma basisdesignation, no Default or Event of Default would result therefrom, the US Borrower or any wholly-owned Wholly Owned Subsidiary of the US Borrower may designate one or more Subsidiaries as Unrestricted Subsidiaries that are not Borrowers or Guarantors (each such Subsidiary, and each of its Subsidiaries, each an “Unrestricted Subsidiary”), which Unrestricted Subsidiaries shall be subject to the following:

Appears in 2 contracts

Samples: Credit Agreement (Plains All American Pipeline Lp), Credit Agreement (Plains All American Pipeline Lp)

Unrestricted Subsidiaries. So long as no Default or Event of Default has occurred and is continuing, and immediately after giving effect to such designation on a pro forma basis, no Default or Event of Default would result therefrom, the Borrower Company or any wholly-owned Subsidiary of the Borrower Company may designate one or more Subsidiaries as Unrestricted Subsidiaries (each such Subsidiary, and each of its Subsidiaries, an “Unrestricted Subsidiary”), which Unrestricted Subsidiaries shall be subject to the following:

Appears in 2 contracts

Samples: Credit Agreement (Plains All American Pipeline Lp), Credit Agreement (Plains Gp Holdings Lp)

Unrestricted Subsidiaries. So long as no Default or Event of Default has occurred and is continuing, and immediately after giving effect to such designation on a pro forma basis, no Default or Event of Default would result therefrom, the Borrower or any wholly-owned Subsidiary of the Borrower may designate one or more Subsidiaries as Unrestricted unrestricted Subsidiaries (each such Subsidiary, and each of its Subsidiaries, an “Unrestricted Subsidiary”), which Unrestricted Subsidiaries shall be subject to the following:

Appears in 2 contracts

Samples: Credit Agreement (Paa Natural Gas Storage Lp), Credit Agreement (Paa Natural Gas Storage Lp)

Unrestricted Subsidiaries. So long as no Default or Event of Default has occurred and is continuing, and immediately after giving effect to such designation on a pro forma basis, no Default or Event of Default would result therefrom, the Borrower or any wholly-owned Subsidiary of the Borrower may designate one or more Subsidiaries as Unrestricted unrestricted Subsidiaries (each such Subsidiary, and each of its Subsidiaries, an “Unrestricted Subsidiary”), which Unrestricted Subsidiaries shall be subject to the following:

Appears in 1 contract

Samples: Credit Agreement (Paa Natural Gas Storage Lp)

Unrestricted Subsidiaries. So long as no Default or Event of Default has occurred and is continuing, and immediately after giving effect to such designation on a pro forma basisdesignation, no Default or Event of Default would result therefrom, the Borrower or any wholly-owned Wholly Owned Subsidiary of the Borrower may designate one or more Subsidiaries as Unrestricted Subsidiaries that are not Guarantors (each such Subsidiary, and each of its Subsidiaries, each an "Unrestricted Subsidiary"), which Unrestricted Subsidiaries shall be subject to the following:

Appears in 1 contract

Samples: Credit Agreement (Plains All American Pipeline Lp)

Unrestricted Subsidiaries. So long as no Default or Event of Default has occurred and is continuing, and immediately after giving effect to such designation on a pro forma basisdesignation, no Default or Event of Default would result therefrom, the Borrower or any wholly-owned Wholly Owned Subsidiary of the Borrower may designate one or more Subsidiaries as Unrestricted Subsidiaries that are not Guarantors (each such Subsidiary, and each of its Subsidiaries, each an “Unrestricted Subsidiary”), which Unrestricted Subsidiaries shall be subject to the following:

Appears in 1 contract

Samples: 364 Day Credit Agreement (Plains All American Pipeline Lp)

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Unrestricted Subsidiaries. So long as no Default or Event of Default has occurred and is continuing, and immediately after giving effect to such designation on a pro forma basis, no Default or Event of Default would result therefrom, the Borrower Company or any wholly-wholly- owned Subsidiary of the Borrower Company may designate one or more Subsidiaries as Unrestricted Subsidiaries (each such Subsidiary, and each of its Subsidiaries, an “Unrestricted Subsidiary”), which Unrestricted Subsidiaries shall be subject to the following:

Appears in 1 contract

Samples: Credit Agreement (Plains All American Pipeline Lp)

Unrestricted Subsidiaries. So long as no Default or Event of Default has occurred and is continuing, and immediately after giving effect to such designation on a pro forma basisdesignation, no Default or Event of Default would result therefrom, the US Borrower or any wholly-owned Wholly Owned Subsidiary of the US Borrower may designate one or more Subsidiaries that are not Borrowers or Guarantors as Unrestricted unrestricted Subsidiaries (each such Subsidiary, and each of its Subsidiaries, an “Unrestricted Subsidiary”), which Unrestricted Subsidiaries shall be subject to the following:

Appears in 1 contract

Samples: Credit Agreement (Plains All American Pipeline Lp)

Unrestricted Subsidiaries. So long as no Default or Event of Default has occurred and is continuing, and immediately after giving effect to such designation on a pro forma basisdesignation, no Default or Event of Default would result therefrom, the Borrower or any wholly-owned Wholly Owned Subsidiary of the Borrower may designate one or more Subsidiaries that are not Guarantors as Unrestricted unrestricted Subsidiaries (each such Subsidiary, and each of its Subsidiaries, an “Unrestricted Subsidiary”), which Unrestricted Subsidiaries shall be subject to the following:

Appears in 1 contract

Samples: Day Credit Agreement (Plains All American Pipeline Lp)

Unrestricted Subsidiaries. So long as no Default or Event of Default has occurred and is continuing, and immediately after giving effect to such designation on a pro forma basisdesignation, no Default or Event of Default would result therefrom, the US Borrower or any wholly-owned Wholly Owned Subsidiary of the US Borrower may designate one or more Subsidiaries as Unrestricted Subsidiaries that are not Borrowers or Guarantors (each such Subsidiary, and each of its Subsidiaries, each an "Unrestricted Subsidiary"), which Unrestricted Subsidiaries shall be subject to the following:

Appears in 1 contract

Samples: Credit Agreement (Plains All American Pipeline Lp)

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