Foreign Subsidiaries. A 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 the definition of “Excluded Equity Interests” and/or the comparable provisions of one or more Security Agreement Supplements.
Appears in 6 contracts
Sources: Guarantee and Collateral Agreement (School Specialty Inc), Guarantee and Collateral Agreement (School Specialty Inc), Guarantee and Collateral Agreement (School Specialty Inc)
Foreign Subsidiaries. A 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 that is not a Loan Party 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 the definition proviso at the end of “Excluded Equity Interests” Section 2(a) or the proviso at the end of Section 2(b) and/or the comparable provisions of one or more Security Agreement Supplements.
Appears in 2 contracts
Sources: Security Agreement, Security Agreement (LyondellBasell Industries N.V.)
Foreign Subsidiaries. A 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 (ii) of the definition of “Excluded Equity InterestsProperty” and/or the comparable provisions of one or more Security Agreement Supplements.
Appears in 2 contracts
Sources: Indenture (Harbinger Group Inc.), Security and Pledge Agreement (Harbinger Group Inc.)
Foreign Subsidiaries. A 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 that is not the Issuer or a Guarantor 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 the definition proviso at the end of “Excluded Equity Interests” Section 2(a) or the proviso at the end of Section 2(b) and/or the comparable provisions of one or more Security Agreement Supplements.
Appears in 2 contracts
Sources: Security Agreement (LyondellBasell Industries N.V.), Security Agreement (LyondellBasell Industries N.V.)
Foreign Subsidiaries. A 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 definition proviso at the end of “Excluded Equity Interests” and/or the comparable provisions of one or more Security Agreement SupplementsSection 2.
Appears in 2 contracts
Sources: Loan Implementation Agreement (Hoku Scientific Inc), Loan Implementation Agreement (Tianwei New Energy Holdings Co., LTD)
Foreign Subsidiaries. A 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 definition proviso at the end of “Excluded Equity Interests” Section 3(a) and/or the comparable provisions of one or more Security Agreement Supplements.
Appears in 1 contract
Sources: Credit Agreement (Huntington Ingalls Industries, Inc.)
Foreign Subsidiaries. A 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 or Domestic Foreign Holding Company 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 the definition proviso at the end of “Excluded Equity Interests” Section 2(a) and/or the comparable provisions of one or more Security Agreement Supplements.
Appears in 1 contract
Foreign Subsidiaries. A Grantor will not be obligated to comply with the provisions of this Section at any time with respect to (i) 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 an Excluded Asset at such time pursuant to and (ii) any Equity Interest in a Specified Dormant Foreign Subsidiary so long as it meets the requirements contained in the definition of “Excluded Equity Interests” and/or the comparable provisions of one or more Security Agreement SupplementsSpecified Dormant Foreign Subsidiary”.
Appears in 1 contract
Foreign Subsidiaries. A Grantor will not be obligated to comply with the provisions of this Section 7 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 the definition of “as an Excluded Equity Interests” Asset and/or the comparable provisions of one or more Security Guarantee and Collateral Agreement Supplements.
Appears in 1 contract
Sources: Amendment and Restatement Agreement (Advanced Disposal Services, Inc.)
Foreign Subsidiaries. A 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 definition proviso at the end of “Excluded Equity Interests” Section 2(a) and/or the comparable provisions of one or more Security Agreement Supplements.
Appears in 1 contract