Common use of Dispositions of property to the Borrower or a Restricted Subsidiary Clause in Contracts

Dispositions of property to the Borrower or a Restricted Subsidiary. provided that if the transferor of such property is a Loan Party (i) the transferee thereof must be a Loan Party, (ii) such Disposition shall be treated as an Investment and permitted under Section 7.02, or (iii) such Disposition shall consist of the transfer of Equity Interests in or Indebtedness of any Foreign Subsidiary to any other Foreign Subsidiary;

Appears in 1 contract

Sources: Term Loan Credit Agreement (RumbleOn, Inc.)

Dispositions of property to the Borrower or a Restricted Subsidiary. provided that if the transferor of such property is a Loan Party (i) the transferee thereof must be a Loan Party, Party or (ii) to the extent such Disposition shall be treated as transaction constitutes an Investment and Investment, such transaction is permitted under Section 7.02, ‎Section 7.02 (other than ‎Section 7.02(f)) or (iii) such Disposition shall consist of the transfer of Equity Interests in or Indebtedness of any Foreign Subsidiary to any other Foreign Subsidiary that is a Restricted Subsidiary;

Appears in 1 contract

Sources: Credit Agreement (Phibro Animal Health Corp)

Dispositions of property to the Borrower or a Restricted Subsidiary. provided that if the transferor of such property is a Loan Party Party, (i) the transferee thereof must be a Loan Party, Party or (ii) to the extent such Disposition shall be treated as transaction constitutes an Investment and Investment, such transaction is permitted under Section 7.02, 7.02 or (iii) such -106- Disposition shall consist of the transfer of Equity Interests in or Indebtedness of any Foreign Subsidiary to any other Foreign Subsidiary;

Appears in 1 contract

Sources: Credit Agreement (Duck Creek Technologies, Inc.)