Common use of Capital Stock of Subsidiaries Clause in Contracts

Capital Stock of Subsidiaries. Holdings and the Borrowers will not, and will not permit any of their respective Subsidiaries to, issue any Capital Stock (whether for value or otherwise), other than (x) Capital Stock of Holdings (other than Redeemable Capital Stock not otherwise permitted to be issued pursuant to Section 7.2.2), (y)

Appears in 4 contracts

Samples: Credit Agreement (AMH Holdings, Inc.), Credit Agreement (AMH Holdings, Inc.), Credit Agreement (Associated Materials Inc)

AutoNDA by SimpleDocs

Capital Stock of Subsidiaries. Holdings and the Borrowers will not, and (a) The Borrower will not permit any of their respective its Subsidiaries to, to issue any Capital Stock (whether for value or otherwise), to any Person other than the Borrower or another Subsidiary of the Borrower. (xa) Capital Stock of Holdings (other than The Borrower will not issue any Redeemable Capital Stock not otherwise permitted to be issued pursuant to Section 7.2.2), (y).

Appears in 1 contract

Samples: Assignment, Amendment and Restatement Agreement (Global Power Equipment Group Inc/)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!