Disposal of Ownership of a CanArgo Group Member. CanArgo Energy Corporation will not, and will not permit any CanArgo Group Members to, sell or otherwise dispose of any shares of Subsidiary Stock, nor will CanArgo Energy Corporation permit any such CanArgo Group Member to issue, sell or otherwise dispose of any shares of its own Subsidiary Stock, provided that the foregoing restrictions do not apply to:
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Samples: Security Interest Agreement (Canargo Energy Corp), Security Interest Agreement (Canargo Energy Corp), Security Interest Agreement (Canargo Energy Corp)
Disposal of Ownership of a CanArgo Group Member. CanArgo Energy Corporation The Company will not, and will not permit any CanArgo Group Members to, sell or otherwise dispose of any shares of Subsidiary Stock (other than upon conversion of the Notes into Tethys Common Stock), nor will CanArgo Energy Corporation the Company permit any such CanArgo Group Member to issue, sell or otherwise dispose of any shares of its own Subsidiary Stock (other than upon conversion of the Notes into Tethys Common Stock), provided that the foregoing restrictions do not apply to:
Appears in 1 contract
Samples: Note and Warrant Purchase Agreement (Canargo Energy Corp)
Disposal of Ownership of a CanArgo Group Member. CanArgo Energy Corporation The Company will not, and will not permit any CanArgo Group Members to, sell or otherwise dispose of any shares of Subsidiary Stock, nor will CanArgo Energy Corporation the Company permit any such CanArgo Group Member to issue, sell or otherwise dispose of any shares of its own Subsidiary Stock, provided that the foregoing restrictions do not apply to:
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