Common use of Foreign Subsidiaries Clause in Contracts

Foreign Subsidiaries. A Lien Grantor will not be obligated to comply with the provisions of this Section at any time with respect to any voting Equity Interest in a Foreign Subsidiary if and to the extent (but only to the extent) that such voting Equity Interest is excluded from the Transaction Liens at such time pursuant to clause (B) of the proviso at the end of Section 2(a) and/or the comparable provisions of one or more Security Agreement Supplements.

Appears in 9 contracts

Sources: Abl Security Agreement, Term Loan Security Agreement (Tower International, Inc.), Revolving Credit Security Agreement (Tower International, Inc.)

Foreign Subsidiaries. A Lien Grantor will not be obligated to comply with the provisions of this Section at any time with respect to any voting Equity Interest in a Foreign Subsidiary if and to the extent (but only to the extent) that such voting Equity Interest is excluded from the Transaction Liens at such time pursuant to clause (B) of the proviso at the end of Section 2(a3(a) and/or the comparable provisions of one or more Security Agreement Supplements.

Appears in 6 contracts

Sources: Security Agreement (CNO Financial Group, Inc.), Guarantee and Security Agreement (CNO Financial Group, Inc.), Guarantee and Security Agreement (CNO Financial Group, Inc.)

Foreign Subsidiaries. A Lien Grantor will not be obligated to comply with the provisions of this Section at any time with respect to any voting Equity Interest in a Foreign Subsidiary if and to the extent (but only to the extent) that such voting Equity Interest is excluded from the Transaction Liens at such time pursuant to clause (B‎(B) of the proviso at the end of Section ‎Section 2(a) and/or the comparable provisions of one or more Security Agreement Supplements.

Appears in 2 contracts

Sources: Revolving Credit Security Agreement, Revolving Credit Security Agreement (Tower International, Inc.)

Foreign Subsidiaries. A Lien Grantor will not be obligated to comply with the provisions of this Section at any time with respect to any voting Equity Interest in a Foreign Subsidiary if and to the extent (but only to the extent) that such voting Equity Interest is excluded from the Transaction Liens Security Interests at such time pursuant to clause (B) of the proviso at the end of Section 2(a3(a) and/or the comparable provisions of one or more Security Agreement Supplements.

Appears in 2 contracts

Sources: Credit Agreement (Kindred Healthcare Inc), Credit Agreement (Kindred Healthcare, Inc)

Foreign Subsidiaries. A Lien Grantor will not be obligated to comply with the provisions of this Section at any time with respect to any voting Equity Interest in a Foreign an Excluded Subsidiary if and to the extent (but only to the extent) that such voting Equity Interest is excluded from the Transaction Liens at such time pursuant to clause (BE) of the proviso at the end of Section 2(a3(a) and/or the comparable provisions of one or more Security Agreement Supplements.

Appears in 1 contract

Sources: Guarantee and Collateral Agreement (GT Solar International, Inc.)

Foreign Subsidiaries. A Lien Grantor will not be obligated to comply with the provisions of this Section at any time with respect to any voting Equity Interest in a Foreign Subsidiary if and to the extent (but only to the extent) that such voting Equity Interest is excluded from the Transaction Liens at such time pursuant to clause (B) of the proviso at the end of Section 2(a3(a) and/or the comparable provisions of one or more Security Agreement Supplements.

Appears in 1 contract

Sources: Guarantee and Security Agreement (Navisite Inc)

Foreign Subsidiaries. A Lien Grantor will not be obligated to comply with the provisions of this Section at any time with respect to any voting Equity Interest in a Foreign Subsidiary if and to the extent (but only to the extent) that such voting Equity Interest is excluded from the Transaction Liens at such time pursuant to clause (BA) of the proviso at the end of Section 2(a3(a) and/or the comparable provisions of one or more Security Agreement Supplements.

Appears in 1 contract

Sources: Guarantee and Security Agreement (Keystone Marketing Services Inc)

Foreign Subsidiaries. A Lien Grantor will not be obligated to comply with the provisions of this Section at any time with respect to any voting Equity Interest in a Foreign Subsidiary if and to the extent (but only to the extent) that such voting Equity Interest is excluded from the Transaction Liens at such time pursuant to clause (B) of the proviso at the end of Section 2(a3(a) and/or the comparable provisions of one or more Security and Pledge Agreement Supplements.

Appears in 1 contract

Sources: Security and Pledge Agreement (Qwest Communications International Inc)

Foreign Subsidiaries. A Lien Grantor will not be obligated to comply with the provisions of this Section at any time with respect to any voting Equity Interest in a Foreign Subsidiary if and to the extent (but only to the extent) that such voting Equity Interest is excluded from the Transaction Liens at such time pursuant to clause (B) of the proviso at the end of Section 2(a18(a) and/or the comparable provisions of one or more Security Agreement Supplements.

Appears in 1 contract

Sources: Credit Agreement (Windstream Services, LLC)