Common use of Disposal of Ownership of a Restricted Subsidiary Clause in Contracts

Disposal of Ownership of a Restricted Subsidiary. The Company will not, and will not permit any Restricted Subsidiary to, sell or otherwise dispose of any shares of Restricted Subsidiary Stock, nor will the Company permit any such Restricted Subsidiary to issue, sell or otherwise dispose of any shares of its own Restricted Subsidiary Stock, provided that the foregoing restrictions do not apply to:

Appears in 7 contracts

Samples: Indenture (New Jersey Resources Corp), Note Purchase Agreement (New Jersey Resources Corp), Note Purchase Agreement (New Jersey Resources Corp)

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Disposal of Ownership of a Restricted Subsidiary. The Subject to Section 10.7, the Company will not, and will not permit any Restricted Subsidiary to, sell or otherwise dispose of any shares of Restricted Subsidiary Stock, nor will the Company permit any such Restricted Subsidiary to issue, sell or otherwise dispose of any shares of its own Restricted Subsidiary Stock, provided that the foregoing restrictions do not apply to:

Appears in 2 contracts

Samples: Subsidiary Guaranty Agreement (New Jersey Resources Corp), Subsidiary Guaranty Agreement (New Jersey Resources Corp)

Disposal of Ownership of a Restricted Subsidiary. The Company will not, and will not permit any of the Restricted Subsidiary Subsidiaries to, sell or otherwise dispose of any shares of Restricted Subsidiary StockStock (including, without limitation, pursuant to any merger, consolidation or other transaction specified in Section 10.10(c) hereof but excluding any transaction permitted by Section 10.10(b)), nor will the Company permit any such Restricted Subsidiary to issue, sell or otherwise dispose of any shares of its own Restricted Subsidiary Stock, provided that the foregoing restrictions do not apply to:

Appears in 1 contract

Samples: Note Purchase Agreement (Nfo Worldwide Inc)

Disposal of Ownership of a Restricted Subsidiary. The Company will not, and will not permit any Restricted Subsidiary to, sell or otherwise dispose of any shares of Restricted Subsidiary Stock, nor will the Company permit any such Restricted Subsidiary to issue, sell or otherwise dispose of any shares of its own Restricted Subsidiary Stock, provided that the foregoing restrictions do not apply to:

Appears in 1 contract

Samples: Note Purchase Agreement (New Jersey Resources Corp)

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Disposal of Ownership of a Restricted Subsidiary. The Company will not, and will not permit any of the Restricted Subsidiary Subsidiaries to, sell or otherwise dispose of any shares of Restricted Subsidiary StockStock (including, without limitation, pursuant to any merger, consolidation or other transaction specified in Section 10.10(c) hereof, but excluding any transaction permitted by Section 10.10(b) hereof), nor will the Company permit any such Restricted Subsidiary to issue, sell or otherwise dispose of any shares of its own Restricted Subsidiary Stock, provided that the foregoing restrictions do not apply to:

Appears in 1 contract

Samples: Note Purchase Agreement (Nfo Worldwide Inc)

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