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

Disposal of Ownership of a Subsidiary. The Borrower will not, and will not permit any of its Subsidiaries to, sell or otherwise dispose of any Subsidiary Shares, nor will the Borrower permit any such Subsidiary to issue, sell or otherwise dispose of any shares of its own share capital, provided that the foregoing restrictions do not apply to: (i) the issue of directors’ qualifying shares by any such Subsidiary; (ii) any such Transfer of Subsidiary Shares constituting a Transfer described in clause (a) of the definition of “Asset Disposition”; and (iii) the Transfer of the Subsidiary Shares of a Subsidiary of the Borrower owned by the Borrower and its other Subsidiaries; provided that such Transfer satisfies the requirements of Section 9.2(h).

Disposal of Ownership of a Subsidiary. The Borrower Company will not, and will not permit any of its Subsidiaries Subsidiary to, sell or otherwise dispose of any shares of Subsidiary SharesStock, nor will the Borrower Company permit any such Subsidiary to issue, sell or otherwise dispose of any shares of its own share capitalSubsidiary Stock, provided that the foregoing restrictions do not apply to: (ia) the issue of directors’ ' qualifying shares by any such Subsidiary; (iib) any such Transfer of Subsidiary Shares Stock constituting a Transfer described in clause (a) of the definition of “"Asset Disposition”"; and (iiic) the Transfer of all of the Subsidiary Shares Stock of a Subsidiary of the Borrower owned by the Borrower Company and its other Subsidiaries; provided that such Transfer satisfies the requirements of Section 9.2(h).Subsidiaries if:

Disposal of Ownership of a Subsidiary. The Borrower will not, and will not permit any of its Subsidiaries to, sell or otherwise dispose of any Subsidiary Shares, nor will the Borrower permit any such Subsidiary to issue, sell or otherwise dispose of any shares of its own share capital, provided that the foregoing restrictions do not apply to: (i) the issue of directors’ ' qualifying shares by any such Subsidiary; (ii) any such Transfer of Subsidiary Shares constituting a Transfer described in clause (a) of the definition of “"Asset Disposition”"; and (iii) the Transfer of the Subsidiary Shares of a Subsidiary of the Borrower owned by the Borrower and its other Subsidiaries; provided that such Transfer satisfies the requirements of Section 9.2(h).

Disposal of Ownership of a Subsidiary. The Borrower Company will not, and will not permit any of its Subsidiaries to, sell or otherwise dispose of any shares of Subsidiary SharesStock, nor will the Borrower Company permit any such Subsidiary to issue, sell or otherwise dispose of any shares of its own share capitalSubsidiary Stock, provided that the foregoing restrictions do not apply to: (ia) the issue of directors’ ' qualifying shares by any such Subsidiary; (iib) any such Transfer of Subsidiary Shares Stock constituting a Transfer described in clause (a) of the definition of “"Asset Disposition”"; and (iiic) the Transfer of the Subsidiary Shares Stock of a Subsidiary of the Borrower Company owned by the Borrower Company and its other Subsidiaries; , provided that such Transfer satisfies the requirements of Section 9.2(h)10.6 hereof.