Common use of EXCLUSION FOR ASSET TRANSFERS WITH WHOLLY OWNED SUBSIDIARIES Clause in Contracts

EXCLUSION FOR ASSET TRANSFERS WITH WHOLLY OWNED SUBSIDIARIES. Notwithstanding anything to the contrary in this Article 6, this Article 6 will not apply to any transfer of assets between or among the Company and (A) prior to the Qualified Initial Public Offering Effective Date, the Company or any one or more Guarantors not effected by merger or consolidation; and (B) after the Qualified Initial Public Offering Effective Date, the Company or any one or more of the Company’s or a Guarantor’s Wholly Owned Subsidiaries not effected by merger or consolidation.