Issuance of Stock by Subsidiaries. Permit any of its Subsidiaries to, either directly or indirectly, by the issuance of rights or options for, or securities convertible into, such shares, or otherwise, issue, sell or otherwise dispose of any shares of any authorized but unissued or treasury class of the stock of any Subsidiary of the Company (other than directors' qualifying shares) except to a Permanent Borrower or a wholly-owned Subsidiary of a Permanent Borrower.
Appears in 3 contracts
Samples: Credit Agreement (Willbros Group Inc), Master Pledge Agreement (Willbros Group Inc), Assignment and Assumption Agreement (Willbros Group Inc)
Issuance of Stock by Subsidiaries. Permit any of its Subsidiaries to, Subsidiary (either directly or indirectly, indirectly by the issuance of rights or options for, or securities convertible into, into such shares, or otherwise, ) to issue, sell or otherwise dispose of any shares of any authorized but unissued or treasury class of the its stock of any Subsidiary of the Company class (other than directors' qualifying shares, if any) except to a Permanent Borrower the Lessee or a wholly-owned Subsidiary of a Permanent Borroweranother Subsidiary.
Appears in 2 contracts
Samples: Master Agreement (Ruby Tuesday Inc), Master Agreement (Ruby Tuesday Inc)
Issuance of Stock by Subsidiaries. Permit any of its Subsidiaries to, Subsidiary (either directly or indirectly, indirectly by the issuance of rights or options for, or securities convertible into, into such shares, or otherwise, ) to issue, sell or otherwise dispose of any shares of any authorized but unissued or treasury class of the its stock of any Subsidiary of the Company class (other than directors' qualifying shares, if any) except to a Permanent Borrower the Sponsor or a wholly-owned Subsidiary of a Permanent Borroweranother Subsidiary.
Appears in 2 contracts
Samples: Loan Facility Agreement and Guaranty (Ruby Tuesday Inc), Loan Facility Agreement and Guaranty (Ruby Tuesday Inc)
Issuance of Stock by Subsidiaries. Permit any of its Subsidiaries to, Subsidiary (either directly or indirectly, indirectly by the issuance of rights or options for, or securities convertible into, such shares, or otherwise, ) to issue, sell or otherwise dispose of any shares of any authorized but unissued or treasury class of the its capital stock of any Subsidiary of the Company (other than directors' qualifying shares) except to a Permanent Borrower or a wholly-owned Subsidiary of a Permanent Borrower).
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Synthetic Industries Inc)
Issuance of Stock by Subsidiaries. Permit any of its Subsidiaries to, Subsidiary (either directly or indirectly, indirectly by the issuance of rights or options for, or securities convertible into, such shares, or otherwise, ) to issue, sell or otherwise dispose of any shares of any authorized but unissued or treasury class of the stock of any Subsidiary of the Company (other than directors' qualifying shares) except to a Permanent Borrower or a wholly-owned Subsidiary of a Permanent Borrowerany class of its capital stock.
Appears in 1 contract
Samples: Loan and Security Agreement (Synthetic Industries Inc)
Issuance of Stock by Subsidiaries. Permit any of its Subsidiaries to, Subsidiary (either directly or indirectly, indirectly by the issuance of rights or options for, or securities convertible into, into such shares, or otherwise, ) to issue, sell or otherwise dispose of any shares of any authorized but unissued or treasury class of the its stock of any Subsidiary of the Company class (other than directors' qualifying shares, if any) except to a Permanent the Borrower or a wholly-owned Subsidiary of a Permanent Borroweranother Subsidiary.
Appears in 1 contract
Issuance of Stock by Subsidiaries. Permit any of its Subsidiaries to, --------------------------------- Subsidiary (either directly or indirectly, indirectly by the issuance of rights or options for, or securities convertible into, into such shares, or otherwise, ) to issue, sell or otherwise dispose of any shares of any authorized but unissued or treasury class of the its stock of any Subsidiary of the Company class (other than directors' qualifying shares, if any) except to a Permanent the Borrower or a wholly-owned Subsidiary of a Permanent Borroweranother Subsidiary.
Appears in 1 contract
Issuance of Stock by Subsidiaries. Permit any of its Subsidiaries to, Material --------------------------------- Subsidiary (either directly or indirectly, indirectly by the issuance of rights or options for, or securities convertible into, into such shares, or otherwise, ) to issue, sell or otherwise dispose of any shares of any authorized but unissued or treasury class of the its stock of any Subsidiary of the Company class (other than directors' qualifying shares, if any) except to a Permanent the Borrower or a whollyanother Wholly-owned Owned Subsidiary of a Permanent Borrower.
Appears in 1 contract
Samples: Credit Agreement (Krystal Company)