Disqualified Stock. The Parent and the Borrower will not, and will not permit any Consolidated Subsidiary to, issue any preferred stock or other preferred Equity Interests which would be Disqualified Stock. For the avoidance of doubt, the Luxembourg Equity Arrangements shall not be considered Disqualified Stock.
Appears in 3 contracts
Samples: Loan and Security Agreement (WireCo WorldGroup Poland Holdings Sp. z.o.o.), Loan and Security Agreement (1295728 Alberta ULC), Loan and Security Agreement (1295728 Alberta ULC)
Disqualified Stock. The Parent and the Borrower Borrowers will not, and will not permit any Consolidated Subsidiary to, issue any preferred stock or other preferred Equity Interests which would be Disqualified Stock. For the avoidance of doubt, the Luxembourg Equity Arrangements shall not be considered Disqualified Stock.
Appears in 3 contracts
Samples: Credit Agreement (WireCo WorldGroup Inc.), Credit Agreement (1295728 Alberta ULC), Credit Agreement (1295728 Alberta ULC)
