Issuances of Capital Stock by Subsidiaries Sample Clauses

Issuances of Capital Stock by Subsidiaries. The Parent Borrower shall not permit any Subsidiary to issue any additional shares of its Capital Stock or other interests other than (a) to an Unrestricted Loan Party or (b) if such Subsidiary is not an Unrestricted Loan Party, to the Parent Borrower or a Wholly-Owned Subsidiary.

Issuances of Capital Stock by Subsidiaries. The Company will not permit any Subsidiary to issue any additional shares of its Capital Stock other than (a) to the Company or a Wholly-Owned Subsidiary, (b) any such issuance that does not change the Company's direct or indirect percentage ownership interest in such Subsidiary, (c) any such issuance that is permitted pursuant to Section 6.03 or 6.04 and (d) any such issuance by PKL or PSMC so long as the Company continues to own and control more than 50% of the voting and economic power of such Subsidiary.

Issuances of Capital Stock by Subsidiaries. The Borrower will not permit any Subsidiary to issue any additional shares of its capital stock or other ownership interest in such Subsidiary other than (a) to the Borrower, (b) to another Subsidiary in which the Borrower owns, directly or indirectly, a percentage interest not less than the percentage interest owned in the Subsidiary issuing such capital stock or other interest, (c) any such issuance that is treated as a Prepayment Event for purposes of Section 2.11(b) (or, in the case of any such issuance by a Foreign Subsidiary, any such issuance that would be treated as a Prepayment Event if such Foreign Subsidiary were a Domestic Subsidiary), (d) any such issuance that does not change the Borrower's direct or indirect percentage ownership interest in such Subsidiary or (e) any such issuance that is permitted pursuant to Section 6.03 or 6.04.