Issuance or Disposition of Capital Securities Sample Clauses
Issuance or Disposition of Capital Securities. The Borrower shall not --------------------------------------------- permit any Subsidiary to issue any Capital Securities, and the Borrower shall not and shall not permit any Subsidiary to sell, transfer or otherwise dispose of any Capital Securities of any Subsidiary, except (a) any issuance by a Subsidiary of Capital Securities to the Borrower or a Wholly-Owned Subsidiary and (b) any disposition by the Borrower or any Subsidiary of any Capital Securities of a Wholly-Owned Subsidiary to the Borrower or another Wholly-Owned Subsidiary.
Issuance or Disposition of Capital Securities. Issue any of its Capital Securities to any Person other than the Guarantor, or sell, transfer or otherwise dispose of any Capital Securities of any Subsidiary, without the prior written consent of the Bank.
Issuance or Disposition of Capital Securities. Issue any of its Capital Securities or sell, transfer or otherwise dispose of any Capital Securities of any Subsidiary, except that this Section 4.19 shall not apply to (a) any issuance by the Borrower of any of its Capital Securities, (b) any issuance by a Subsidiary of any of its Capital Securities to the Borrower or a Wholly Owned Subsidiary, (c) any issuance by a Subsidiary of any of its Capital Securities to the holders of the common stock of such Subsidiary made pro rata to the relative amounts of such common stock held by such holders, (d) any disposition by the Borrower or any Subsidiary of any Capital Securities of a Subsidiary to the Borrower or a Wholly Owned Subsidiary, (e) any issuance by a Subsidiary that is not a Material Subsidiary of less than 50% of its Capital Securities, and (f) any issuance by an RGA Trust of Trust Preferred Securities.
Issuance or Disposition of Capital Securities. Issue any of its Capital Securities or sell, transfer or otherwise dispose of any Capital Securities of any Subsidiary, except for (a) any issuance of Capital Securities that are subjected to the Security Interest in a manner satisfactory to the Administrative Agent and (b) any disposition of Capital Securities of any Subsidiary so long as all of the assets of such Subsidiary could have been disposed of in compliance with Section 4.11(c) or (e).
Issuance or Disposition of Capital Securities. The Company will not, and will not permit any of its Subsidiaries to, issue any of its Capital Securities or sell, transfer or otherwise dispose of any Capital Securities of any Subsidiary, except for (a) dispositions of Capital Securities pursuant to the PIC Sale, the PennUnion Sale and the United Life Sale; (b) dispositions of all or substantially all of the Capital Securities of Kivex, and of other Capital Securities, for the disposition of which the Majority Banks shall have waived the provisions of Section 8.06(c); (c) issuances and dispositions of Capital Securities set forth on Amended Schedule 8.23 to Amendment No. 6; (d) issuances and dispositions of Mandated Capital Requirement Capital Securities, (e) issuances by the Company of its Capital Securities pursuant to the exercise of Permitted Stock Options and (f) dividends paid in kind on the preferred stock of Southwestern Financial Corporation.
Issuance or Disposition of Capital Securities. Issue any of its Capital Securities or sell, transfer or otherwise dispose of any Capital Securities of any Guarantor, except that this Section 4.14 shall not apply to (a) any issuance by a Guarantor of any of its Capital Securities to the Borrower or a Guarantor, (b) any disposition by the Borrower or any Guarantor of any Capital Securities of a Guarantor to the Borrower or a Guarantor, (c) the issuance by the Borrower or any Guarantor of any of its Capital Securities pursuant to, or upon exercise of any Capital Security issued pursuant to, a Permitted Stock Option Plan and (d) a transfer by the Borrower of Capital Securities of ZD COMDEX and Forums, Inc., Xxxx-Xxxxx Inc. and ZD Holdings (UK) to ZD Inc. in connection with, and substantially simultaneously with, a contemplated public offering of shares of the common stock of ZD Inc.
Issuance or Disposition of Capital Securities. The Borrower shall not, and shall not cause, permit or suffer any other Group Member to, issue any of its Capital Securities or sell, transfer or otherwise dispose of any Capital Securities of any Subsidiary of such Person, except that this Section shall not apply to (a) any issuance by any
Issuance or Disposition of Capital Securities. Issue any of its Capital Securities or sell, transfer or otherwise dispose of any Capital Securities of any Restricted Subsidiary, except for (a) any issuance or sale of Capital Securities that are subjected to the Security Interest in a manner satisfactory to the Administrative Agent, (b) the issuance or sale of Capital Securities of DNA to DPC or its Affiliates pursuant to the Denver Contribution Agreement (it being understood that for purposes of Section 1.08(b)(ii), the cash proceeds thereof shall be deemed to have been reinvested by the Borrower in the Salt Lake Acquisition), and (c) any disposition of Capital Securities of any Restricted Subsidiary so long as all of the assets of such Restricted Subsidiary could have been disposed of in compliance with Section 4.10(c) or (e). Permit any hazardous wastes, environmental contaminants or other substances, the improper release or disposal of which could result in the incurrence by the Borrower or any of its Restricted Subsidiaries of material remedial obligations under Applicable Law, to be brought onto or stored on the properties owned or leased by it except for (a) substances to be used in connection with the business of the Borrower and its Restricted Subsidiaries, pending and during such use and (b) substances that were generated or used in connection with such business, pending their disposal.
Issuance or Disposition of Capital Securities. The Company will not, and will not permit any of its Subsidiaries to, issue any of its Capital Securities or sell, transfer or otherwise dispose of any Capital Securities of any Subsidiary other than to effectuate the transactions permitted pursuant to the Waco Consent, the Swiss Re Consent or the Other Consent or as permitted pursuant to Schedule 8.06(a).
Issuance or Disposition of Capital Securities. Issue any of its Capital Securities or sell, transfer or otherwise dispose of any Capital Securities of any Significant Subsidiary, except that this Section 4.12 shall not apply to (a) any issuance of Capital Securities of a Significant Subsidiary (i) that are subjected to the Security Interest in a manner reasonably satisfactory to the Managing Agents or (ii) for the purpose of effecting a disposition contemplated or permitted by Section 4.09(d), (b) any issuance by Premiere of its capital stock to any present or former employee of Premiere or other Persons pursuant to any stock plan of Premiere in effect on the Restated Agreement Date or (c) any issuance, sale, transfer or other disposition of such Capital Securities as consideration for an acquisition permitted by Section 4.08(c).