Common use of Limitation on Issuance of Capital Stock Clause in Contracts

Limitation on Issuance of Capital Stock. (a) With respect to Holdings, issue any Equity Interest that is not Qualified Capital Stock. (b) Borrowers will not, and will not permit any Subsidiary, to issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, Equity Interest of any Subsidiary, except (i) for stock splits, stock dividends and additional Equity Interests issuances which do not decrease the percentage ownership of a Borrower or any Subsidiaries in any class of the Equity Interest of such Subsidiary; (ii) Subsidiaries of a Borrower formed after the Closing Date pursuant to Section 6.12 may issue Equity Interests to a Borrower or the Subsidiary of a Borrower which is to own such stock; and (iii) a Borrower may issue common stock that is Qualified Capital Stock to Holdings. All Equity Interests issued in accordance with this Section 6.11(b) shall, to the extent required by this Agreement or the Security Agreement, be delivered to the Administrative Agent for pledge pursuant to the Security Agreement.

Limitation on Issuance of Capital Stock. (a) With respect to Holdings, issue any Equity Interest that is not Qualified Capital Stock. (b) Borrowers will not, and will not permit With respect to Borrower or any Subsidiary, to issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, any Equity Interest of any SubsidiaryInterest, except (i) for stock splits, stock dividends and additional issuances of Equity Interests issuances which do not decrease the percentage ownership of a Borrower or any Subsidiaries in any class of the Equity Interest of such Subsidiary; (ii) Subsidiaries of a Borrower formed after the Closing Date pursuant to in accordance with Section 6.12 6.14 may issue Equity Interests to a Borrower or the Subsidiary of a Borrower which is to own such stockEquity Interests; and (iii) a Borrower may issue common stock that is Qualified Capital Stock to Holdings. All Equity Interests issued in accordance with this Section 6.11(b6.13(b) shall, to the extent required by this Sections 5.11 and 5.12 or any Security Agreement or the Security Agreementif such Equity Interests are issued by Borrower, be delivered to the Administrative Collateral Agent for pledge pursuant to the applicable Security Agreement.

Limitation on Issuance of Capital Stock. (a) With respect to Holdings, issue any Equity Interest that is not Qualified Capital Stock. (b) With respect to the Borrowers will not, and will not permit or any Subsidiary, to issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, any Equity Interest of any SubsidiaryInterest, except (i) for stock splits, stock dividends and additional issuances of Equity Interests issuances which do not decrease the aggregate percentage ownership of a Borrower or any the Borrowers and their Subsidiaries in any class of the Equity Interest of such any other Subsidiary; (ii) Subsidiaries of a Borrower the Borrowers formed after the Closing Date pursuant to in accordance with Section 6.12 6.14 may issue Equity Interests to a Borrower or the Subsidiary of a Borrower the Borrowers which is to own such stockEquity Interests; and (iii) a Borrower the Borrowers may issue common stock that is Qualified Capital Stock to Holdings. All Equity Interests issued in accordance with this Section 6.11(b6.13(b) shall, to the extent required by this Agreement Section 5.11 and Section 5.12 or the any Security Agreement, be delivered to the Administrative applicable Collateral Agent for pledge pursuant to the applicable Security Agreement.

Limitation on Issuance of Capital Stock. (a) With respect to Holdings, issue any Equity Interest that is not Qualified Capital Stock. (b) Borrowers Borrower will not, and will not permit any SubsidiarySubsidiary to, to issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, any Equity Interest of any SubsidiaryInterest, except (i) for stock splits, stock dividends and additional issuances of Equity Interests issuances which do not decrease the percentage ownership of a Borrower or any Subsidiaries in any class of the Equity Interest of such Subsidiary; (ii) Subsidiaries of a Borrower formed after the Closing Date pursuant to in accordance with Section 6.12 may issue Equity Interests to a Borrower or the Subsidiary of a Borrower which is to own such stockEquity Interests; and (iii) a Borrower may issue common stock that is Qualified Capital Stock to Holdings. All Equity Interests issued in accordance with this Section 6.11(b) ), shall, to the extent required by this Agreement Sections 5.10 and 5.11 or the any Security Agreement, be delivered to the Administrative Collateral Agent for pledge pursuant to the applicable Security Agreement.

Limitation on Issuance of Capital Stock. (a) With respect to Holdings, issue after the Original Closing Date any Equity Interest that is not Qualified Capital Stock. (b) Borrowers will notNeither Intermediate Holdings nor Borrower will, and will not permit any SubsidiaryRelevant Party, to issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, Equity Interest of any SubsidiaryInterest, except (i) for stock splits, stock dividends and additional Equity Interests issuances which do not decrease the percentage ownership of a Borrower or any Subsidiaries in any class of the Equity Interest of such Subsidiary; (ii) Subsidiaries of a Borrower Holdings formed after the Closing Date pursuant to Section 6.12 may issue Equity Interests to a Borrower Holdings or the Subsidiary of a Borrower which is to own such stock; and (iii) a Borrower may issue common stock that is Qualified Capital Stock to Holdings. All Equity Interests issued in accordance with this Section 6.11(b) shall, to the extent required by this Agreement Section 5.12 or the Security AgreementAgreements and Foreign Pledge Agreements, be delivered to the Administrative Collateral Agent for pledge pursuant to the Security AgreementAgreements and Foreign Pledge Agreements.

Limitation on Issuance of Capital Stock. (a) With respect to Holdings, issue any Equity Interest that is not Qualified Capital Stock. (b) Borrowers will not, and will not permit With respect to Borrower or any Subsidiary, to issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, any Equity Interest of any SubsidiaryInterest, except (i) for stock splits, stock dividends and additional issuances of Equity Interests issuances which do not decrease the percentage ownership of a Borrower or any Subsidiaries in any class of the Equity Interest of such Subsidiary; (ii) Subsidiaries of a Borrower formed after the Closing Restatement Effective Date pursuant to in accordance with Section 6.12 6.14 may issue Equity Interests to a Borrower or the Subsidiary of a Borrower which is to own such stockEquity Interests; and (iii) a Borrower may issue common stock that is Qualified Capital Stock to Holdings. All Equity Interests issued in accordance with this Section 6.11(b6.13(b) shall, to the extent required by this Sections 5.11 and 5.12 or any Security Agreement or the Security Agreementif such Equity Interests are issued by Borrower, be delivered to the Administrative Collateral Agent for pledge pursuant to the applicable Security Agreement.

Limitation on Issuance of Capital Stock. (a) With respect to Holdings, issue any Equity Interest that is not Qualified Capital Stock. (b) Borrowers will not, and will not permit With respect to Borrower or any Subsidiary, to issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, any Equity Interest of any SubsidiaryInterest, except (i) for stock splits, stock dividends and additional issuances of Equity Interests issuances which do not decrease the percentage ownership of a Borrower or any Subsidiaries in any class of the Equity Interest of such Subsidiary; (ii) Subsidiaries of a Borrower formed after the Closing Date pursuant to in accordance with Section 6.12 6.14 may issue Equity Interests to a Borrower or the Subsidiary of a Borrower which is to own such stockEquity Interests; and (iii) a Borrower may issue common stock that is Qualified Capital Stock to Holdings. All Equity Interests issued in accordance with this Section 6.11(b6.13(b) shall, to the extent required by this Agreement Sections 5.11 and 5.12 or the any Security Agreement, be delivered to the Administrative Collateral Agent for pledge pursuant to the applicable Security Agreement.

Limitation on Issuance of Capital Stock. (a) With respect to Window Holdings, issue any Equity Interest that is not Qualified Capital Stock. (b) Borrowers will not, and will not permit With respect to Borrower or any Subsidiary, to issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, any Equity Interest of any SubsidiaryInterest, except (i) for stock splits, stock dividends and additional issuances of Equity Interests issuances which do not decrease the percentage ownership of a Borrower or any Subsidiaries in any class of the Equity Interest of such Subsidiary; (ii) Subsidiaries of a Borrower formed after the Closing Date pursuant to in accordance with Section 6.12 6.14 may issue Equity Interests to a Borrower or the Subsidiary of a Borrower which is to own such stockEquity Interests; and (iii) a Borrower may issue common stock that is Qualified Capital Stock to Window Holdings; and (iv) Borrower may issue Equity Interests to Additional Equity Partners in Qualified Contribution Transactions. All Equity Interests issued in accordance with this Section 6.11(b6.13(b) shall, to the extent required by this Agreement Sections 5.11 and 5.12 or the Security Agreement, be delivered to the Administrative Collateral Agent for pledge pursuant to the Security Agreement.

Limitation on Issuance of Capital Stock. (a) With respect to Holdings, issue any Equity Interest that is not Qualified Capital Stock. (b) Borrowers will not, and will not permit With respect to any Borrower or any Subsidiary, to issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, any Equity Interest of any SubsidiaryInterest, except (i) for stock splits, stock dividends and additional issuances of Equity Interests issuances which do not decrease the percentage ownership of a any Borrower or any Subsidiaries in any class of the Equity Interest of such Subsidiary; (ii) Subsidiaries of a any Borrower formed after the Closing Effective Date pursuant to in accordance with Section 6.12 6.14 may issue Equity Interests to a such Borrower or the Subsidiary of a such Borrower which is to own such stockEquity Interests; and (iii) a any Borrower may issue common stock that is Qualified Capital Stock to Holdings. All Equity Interests issued in accordance with this Section 6.11(b6.13(b) shall, to the extent required by this Agreement Sections 5.10 and 5.11 or the any Security Agreement, be delivered to the Administrative Collateral Agent for pledge pursuant to the applicable Security AgreementAgreement to the extent permitted by applicable law.

Limitation on Issuance of Capital Stock. (a) With respect to Holdings, issue any Equity Interest that is not Qualified Disqualified Capital Stock. (b) Borrowers will not, and will not permit With respect to Borrower or any Subsidiary, to issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, any Equity Interest of any SubsidiaryInterest, except (i) for stock splits, stock dividends and additional issuances of Equity Interests issuances which do not decrease the percentage ownership of a Borrower or any Subsidiaries in any class of the Equity Interest Interests of such Subsidiary; (ii) Subsidiaries of a Borrower formed or acquired after the Closing Date pursuant to in accordance with Section 6.12 6.14 may issue Equity Interests to a Borrower or the Wholly Owned Subsidiary of a Borrower which is to own such stockEquity Interests; and (iii) a Borrower may issue common stock that is Qualified Capital Stock to Holdings. All Equity Interests issued in accordance with this Section 6.11(b6.13(b) shall, to the extent required by this Agreement Sections 5.12 and 5.13 or the any Security AgreementDocument, be delivered to the Administrative Collateral Agent for pledge pursuant to the applicable Security AgreementDocument.

Limitation on Issuance of Capital Stock. (a) With respect to HoldingsBorrower, issue any Equity Interest that is not Qualified Capital Stock. (b) Borrowers Borrower will not, and will not permit any SubsidiarySubsidiary to, to issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, Equity Interest of any SubsidiaryInterest, except (i) for stock splits, stock dividends and additional Equity Interests issuances which do not decrease the percentage ownership of a Borrower or any Subsidiaries in any class of the Equity Interest of such Subsidiary; (ii) Subsidiaries of a Borrower formed after the Closing Date pursuant to Section 6.12 may issue Equity Interests to a Borrower or the Subsidiary of a Borrower which is to own such stock; and (iii) a Borrower may issue common stock that is Qualified Capital Stock to HoldingsBorrower. All Equity Interests issued in accordance with this Section 6.11(b) shall, to the extent required by this Agreement Section 5.12 or the Security Agreement, be delivered to the Administrative Collateral Agent for pledge pursuant to the Security Agreement.

Limitation on Issuance of Capital Stock. (a) With respect to Holdings, Holdings shall not issue any Equity Interest that is not either (i) Qualified Capital Stock or (ii) to the extent permitted by Section 6.01, Disqualified Capital Stock. (b) Borrowers will not, and will not permit any Subsidiary, to No Loan Party shall issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, any Equity Interest of any SubsidiaryInterest, except (i) for stock splits, stock dividends and additional issuances of Equity Interests issuances which do not decrease the percentage ownership of a Borrower or any Subsidiaries the Loan Parties in any class of the Equity Interest of such Subsidiary; (ii) Subsidiaries of a Borrower the Borrowers formed after the Closing Date pursuant to in accordance with Section 6.12 6.18 may issue Equity Interests to a Borrower or the Subsidiary of a Borrower which is to own such stockEquity Interests; and (iii) a Borrower the Borrowers may issue common stock that is Qualified Capital Stock to Holdings. All Equity Interests issued in accordance with this Section 6.11(b6.17(b) shall, to the extent required by this Section 5.10 or any Security Agreement or the Security Agreementif such Equity Interests are issued by a Borrower, be delivered to the Administrative Collateral Agent for pledge pursuant to the applicable Security Agreement.

Limitation on Issuance of Capital Stock. (a) With respect to HoldingsBorrower, issue any Equity Interest that is not Qualified Capital Stock. (b) Borrowers will notWith respect to any Subsidiary of Borrower, and will not permit any Subsidiary, to issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, any Equity Interest of any SubsidiaryInterest, except (i) for stock splits, stock dividends and additional issuances of Equity Interests issuances which do not decrease the percentage ownership of a Borrower or any Subsidiaries in any class of the Equity Interest of such Subsidiary; and (ii) Subsidiaries of a Borrower formed after the Closing Date pursuant to in accordance with Section 6.12 6.14 may issue Equity Interests to a Borrower or the Subsidiary of a Borrower which is to own such stockEquity Interests and to third parties; and (iii) a Borrower may issue common stock that provided the Investment of the Companies in such entity is Qualified Capital Stock to Holdingspermitted under Section 6.04(i). All Equity Interests issued in accordance with this Section 6.11(b6.13(b) shall, to the extent required by this Sections 5.11 and 5.12 or any Security Agreement or the Security Agreementif such Equity Interests are issued by Borrower, be delivered to the Administrative Collateral Agent for pledge pursuant to the applicable Security Agreement.

Limitation on Issuance of Capital Stock. (a) With respect to HoldingsBorrower, issue any Equity Interest that is not Qualified Capital Stock. (b) Borrowers will not, and will not permit With respect to Borrower or any Restricted Subsidiary, to issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, any Equity Interest of any SubsidiaryInterest, except (i) for stock splits, stock dividends and additional issuances of Equity Interests issuances in a Restricted Subsidiary which do not decrease the percentage ownership of a Borrower or any Restricted Subsidiaries in any class of the Equity Interest of such Restricted Subsidiary; (ii) Restricted Subsidiaries of a Borrower formed after the Closing Date pursuant to in accordance with Section 6.12 6.14 may issue Equity Interests to a Borrower or the Restricted Subsidiary of a Borrower which is to own such stock; Equity Interests and (iii) a Borrower may issue common stock that is Qualified Capital Stock to HoldingsStock. All Equity Interests issued in accordance with this Section 6.11(b6.13(b) shall, to the extent required by this Agreement Sections 5.11 and 5.12 or the any Security Agreement, be delivered to the Administrative Collateral Agent for pledge pursuant to the applicable Security Agreement.

Limitation on Issuance of Capital Stock. (a) With respect to Holdings, issue any Equity Interest that is not Qualified Capital StockStock other than MIP Units. (b) Borrowers will not, and will not permit With respect to Borrower or any Subsidiary, to issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, any Equity Interest of any SubsidiaryInterest, except (i) for stock splits, stock dividends and additional issuances of Equity Interests issuances which do not decrease the percentage ownership of a Borrower or any Subsidiaries in any class of the Equity Interest of such Subsidiary; (ii) Subsidiaries of a Borrower formed after the Closing Date pursuant to in accordance with Section 6.12 6.14 may issue Equity Interests to a Borrower or the Subsidiary of a Borrower which is to own such stockEquity Interests; and (iii) a Borrower may issue common stock that is Qualified Capital Stock to Holdings. All Equity Interests issued in accordance with this Section 6.11(b6.13(b) shall, to the extent required by this Sections 5.11 and 5.12 or any Security Agreement or the Security Agreementif such Equity Interests are issued by Borrower, be delivered to the Administrative Collateral Agent for pledge pursuant to the applicable Security Agreement.

Limitation on Issuance of Capital Stock. (a) With respect to HoldingsBorrower, issue any an Equity Interest that is not Qualified Capital Stock. (b) Borrowers will not, and will not permit With respect to any Subsidiary, to issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, any Equity Interest of any SubsidiaryInterest, except (i) for stock splits, stock dividends and additional issuances of Equity Interests issuances which do not decrease the percentage ownership of a Borrower or any Subsidiaries in any class of the Equity Interest of such Subsidiary; (ii) Subsidiaries of a Borrower formed after the Closing Date pursuant to in accordance with Section 6.12 6.14 may issue Equity Interests to a Borrower or the Subsidiary of a Borrower which is to own such stockEquity Interests; and (iii) a Borrower may issue common stock that is Qualified Capital Stock to HoldingsBorrower. All Equity Interests issued in accordance with this Section 6.11(b6.13(b) shall, to the extent required by this Sections 5.11 and 5.12 or any Security Agreement and subject to the terms of the Intercreditor Agreement or the Security Agreementif such Equity Interests are issued by Borrower, be delivered to the Administrative Collateral Agent for pledge pursuant to the applicable Security Agreement.

Limitation on Issuance of Capital Stock. (a) With respect to Holdings, issue any Equity Interest that is not Qualified Capital Stock. (b) Borrowers will not, and will not permit With respect to any Borrower or any Subsidiary, to issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, any Equity Interest of any SubsidiaryInterest, except (i) for stock splits, stock dividends and additional issuances of Equity Interests issuances which do not decrease the percentage ownership of a any Borrower or any Subsidiaries in any class of the Equity Interest of such Subsidiary; (ii) Subsidiaries of a any Borrower formed after the Closing Date pursuant to in accordance with Section 6.12 6.14 may issue Equity Interests to a such Borrower or the Subsidiary of a such Borrower which is to own such stockEquity Interests; and (iii) a any Borrower may issue common stock that is Qualified Capital Stock to Holdings. All Equity Interests issued in accordance with this Section 6.11(b6.13(b) shall, to the extent required by this Agreement Sections 5.10 and 5.11 or the any Security Agreement, be delivered to the Administrative Collateral Agent for pledge pursuant to the applicable Security AgreementAgreement to the extent permitted by applicable law.

Limitation on Issuance of Capital Stock. (a) With respect to HoldingsBorrower, issue any Equity Interest that is not Qualified Capital Stock. (b) Borrowers will not, and will not permit With respect to any Subsidiary, to issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, any Equity Interest of any SubsidiaryInterest, except (i) for stock splits, stock dividends and additional issuances of Equity Interests issuances which do not decrease the percentage ownership of a Borrower or any Subsidiaries in any class of the Equity Interest of such Subsidiary; and (ii) Subsidiaries of a Borrower formed after the Closing Date pursuant to in accordance with Section 6.12 6.14 may issue Equity Interests to a Borrower or the Subsidiary of a Borrower which is to own such stock; and (iii) a Borrower may issue common stock that is Qualified Capital Stock to HoldingsEquity Interests. All Equity Interests issued in accordance with this Section 6.11(b6.13(b) shall, to the extent required by this Sections 5.10 and 5.11 or any Security Agreement or the Security Agreementif such Equity Interests are issued by Borrower, be delivered to the Administrative Collateral Agent for pledge pursuant to the applicable Security Agreement.

Limitation on Issuance of Capital Stock. (a) With respect to HoldingsBorrower, issue any Equity Interest that is not Qualified Capital Stock. (b) Borrowers will not, and will not permit With respect to any Subsidiary, to issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, any Equity Interest of any SubsidiaryInterest, except (i) for stock splits, stock dividends and additional issuances of Equity Interests issuances which do not decrease the percentage ownership of a Borrower or any Subsidiaries Subsidiary in any class of the Equity Interest of such Subsidiary; (ii) Subsidiaries of a Borrower formed after the Closing Date pursuant to Section 6.12 may issue Equity Interests to a Borrower or the Subsidiary of a Borrower which is to own such stockEquity Interests; and (iii) a Borrower may issue common stock that is Qualified Capital Stock for issuance of nominal directors’ qualifying shares pursuant to HoldingsRequirements of Law. All Equity Interests issued in accordance with this Section 6.11(b6.13(b) shall, to the extent required by this Sections 5.11 and 5.12 or any Security Agreement or the Security Agreementif such Equity Interests are issued by Borrower, be delivered to the Administrative Collateral Agent for pledge pursuant to the applicable Security Agreement.

Limitation on Issuance of Capital Stock. (a) With respect to HoldingsBorrower, issue any Equity Interest that is not Qualified Disqualified Capital Stock. (b) Borrowers will notWith respect to any Restricted Subsidiary of Borrower, and will not permit any Subsidiary, to issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, any Equity Interest of any SubsidiaryInterest, except (i) for stock splits, stock dividends and additional issuances of Equity Interests issuances which do not decrease the percentage ownership of a any Restricted Subsidiaries or Borrower or any Subsidiaries in any class of the Equity Interest Interests of such Restricted Subsidiary; and (ii) Subsidiaries of a Borrower formed or acquired after the Closing Date pursuant to in accordance with Section 6.12 6.14 may issue Equity Interests to a Borrower or the Wholly Owned Subsidiary that is a Restricted Subsidiary of a Borrower which is to own such stock; and (iii) a Borrower may issue common stock that is Qualified Capital Stock to HoldingsEquity Interests. All Equity Interests issued in accordance with this Section 6.11(b6.13(b) shall, to the extent required by this Agreement Section 5.11 and 5.12 or the any Security AgreementDocument, be delivered to the Administrative Collateral Agent for pledge pursuant to the applicable Security AgreementDocument.

Limitation on Issuance of Capital Stock. (a) With respect to Holdings, issue any Equity Interest that is not Qualified Capital Stock. (b) Borrowers will not, and will not permit With respect to Borrower or any Subsidiary, to issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, any Equity Interest of any SubsidiaryInterest, except (i) for stock splits, stock dividends and additional issuances of Equity Interests issuances which do not decrease the percentage ownership of a Borrower or any Subsidiaries in any class of the Equity Interest of such Subsidiary; (ii) Subsidiaries of a Borrower formed after the Closing Date pursuant to in accordance with Section 6.12 6.14 may issue Equity Interests to a Borrower or the Subsidiary of a Borrower which is to own such stockEquity Interests; and (iii) a Borrower may issue common stock that is Qualified Capital Stock to Holdings; and (iv) issuances of Equity Interests of an HMO Subsidiary to certain Contract Providers affiliated with such HMO Subsidiary; provided that each HMO Subsidiary shall remain at least 80% owned (in terms of both Voting Stock and the economic interest of Equity Interests) at all times. All Equity Interests issued in accordance with this Section 6.11(b6.13(b) shall, to the extent required by this Agreement Sections 5.11 and 5.12 or the any Security Agreement, be delivered to the Administrative Collateral Agent for pledge pursuant to the applicable Security Agreement.

Limitation on Issuance of Capital Stock. (a) With respect to HoldingsParent, issue any Equity Interest that is not Qualified Capital Stock. (b) Borrowers will not, and will not permit With respect to the Borrower or any Subsidiary, to issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, any Equity Interest of any SubsidiaryInterest, except (i) for stock splits, stock dividends and additional issuances of Equity Interests issuances which do not decrease the percentage ownership of a the Borrower or any Subsidiaries in any class of the Equity Interest of such Subsidiary; (ii) Subsidiaries of a the Borrower formed after the Closing Date pursuant to February 12, 2004 in accordance with Section 6.12 6.14 may issue Equity Interests to a the Borrower or the Subsidiary of a Borrower which is to own such stockEquity Interests; and (iii) a the Borrower may issue common stock that is Qualified Capital Stock to HoldingsParent. All Equity Interests issued in accordance with this Section 6.11(b6.13(b) shall, to the extent required by this Agreement Sections 5.10 and 5.11 or the any Security AgreementDocument, be delivered to the Administrative Collateral Agent for pledge pursuant to the applicable Security AgreementDocument.

Limitation on Issuance of Capital Stock. (a) With respect to Holdingsthe Borrower, issue any Equity Interest that is not Qualified Capital Stock. (b) Borrowers will not, and will not permit With respect to any Subsidiary, to issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, any Equity Interest of any SubsidiaryInterest, except (i) for stock splits, stock dividends and additional issuances of Equity Interests issuances which do not decrease the percentage ownership of a the Borrower or any Subsidiaries Subsidiary in any class of the Equity Interest of such Subsidiary; (ii) Subsidiaries of a the Borrower formed after the Closing Date pursuant to Section 6.12 may issue Equity Interests to a the Borrower or the Subsidiary of a the Borrower which is to own such stockEquity Interests; and (iii) a Borrower may issue common stock that is Qualified Capital Stock for issuance of nominal directors’ qualifying shares pursuant to HoldingsRequirements of Law. All Equity Interests issued in accordance with this Section 6.11(b6.13(b) shall, to the extent required by this Sections 5.10 and 5.11 or any Security Agreement or if such Equity Interests are issued by the Security AgreementBorrower, be delivered to the Administrative Collateral Agent for pledge pursuant to the applicable Security Agreement.

Limitation on Issuance of Capital Stock. (a) With respect to Holdings, issue any Equity Interest that is not Qualified Capital Stock. (b) Borrowers will not, and will not permit any SubsidiarySubsidiary to, to issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, Equity Interest of any SubsidiaryInterest, except (i) for stock splits, stock dividends and additional Equity Interests issuances which do not decrease the percentage ownership of a Borrower or any Subsidiaries in any class of the Equity Interest of such Subsidiary; (ii) Subsidiaries of a Borrower formed after the Closing Date pursuant to Section 6.12 may issue Equity Interests to a Borrower or the Subsidiary of a such Borrower which is to own such stock; and (iii) a Borrower Borrowers may issue common stock that is Qualified Capital Stock to Holdings. All Equity Interests issued in accordance with this Section 6.11(b) shall, to the extent required by this Agreement Section 5.12 or the Security Agreement, be delivered to the Administrative Collateral Agent for pledge pursuant to the Security Agreement.

Limitation on Issuance of Capital Stock. (a) With respect to Holdings, issue any Equity Interest that is not Qualified Capital Stock. (b) Borrowers will notExcept as permitted by Section 10.17, and will not permit with respect to Borrower or any Subsidiary, to issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, any Equity Interest of any SubsidiaryInterest, except (i) for stock splits, stock dividends and additional issuances of Equity Interests issuances which do not decrease the percentage ownership of a Borrower or any Subsidiaries in any class of the Equity Interest of such Subsidiary; (ii) Subsidiaries of a Borrower or Holdings formed after the Closing Date pursuant to in accordance with Section 6.12 6.14 may issue Equity Interests to a Borrower or the Subsidiary of a Borrower or Holdings, as applicable, which is to own such stockEquity Interests; and (iii) a Borrower may issue common stock that is Qualified Capital Stock to Holdings. All Equity Interests issued in accordance with this Section 6.11(b6.13(b) shall, to the extent required by this Agreement Sections 5.11 and 5.12 or the any Security Agreement, be delivered to the Administrative Collateral Agent for pledge pursuant to the applicable Security Agreement.

Limitation on Issuance of Capital Stock. (a) With respect to HoldingsParent Borrower, issue any Equity Interest that is not Qualified Capital Stock. (b) Borrowers will not, and will not permit With respect to any Subsidiary, to issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, any Equity Interest of any SubsidiaryInterest, except (i) for stock splits, stock dividends and additional issuances of Equity Interests issuances which do not decrease the percentage ownership of a Parent Borrower or any Subsidiaries in any class of the Equity Interest of such Subsidiary; (ii) Subsidiaries of a Parent Borrower formed after the Closing Date pursuant to Section 6.12 may issue Equity Interests to a Parent Borrower or the Subsidiary of a Parent Borrower which is to own such stockEquity Interests; and (iii) a Borrower may issue common stock that is Qualified Capital Stock for issuance of nominal directors’ qualifying shares pursuant to HoldingsRequirements of Law. All Equity Interests issued in accordance with this Section 6.11(b6.13(b) shall, to the extent required by this Sections 5.11 and 5.12 or any Security Agreement or the Security Agreementif such Equity Interests are issued by Parent Borrower, be delivered to the Administrative Collateral Agent for pledge pursuant to the applicable Security Agreement.

Limitation on Issuance of Capital Stock. (a) With respect to Holdings, issue any Equity Interest that is not Qualified Capital Stock. (ba) Borrowers Borrower will not, and Borrower will not permit any SubsidiarySubsidiary of Borrower, to issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, any Equity Interest of any SubsidiaryInterest, except (i) for stock splits, stock dividends and additional Equity Interests issuances which do not decrease the percentage ownership of a Borrower by Holdings or of any Subsidiaries by Borrower or any Subsidiaries other Subsidiary of Borrower in any class of the Equity Interest of such Subsidiary; (ii) Subsidiaries of a Borrower formed after the Closing Date pursuant to Section 6.12 may issue Equity Interests to a Borrower or the Subsidiary of a Borrower which is to own such stock; and (iii) a Borrower may issue common stock that is Qualified Capital Stock to Holdings. All Equity Interests issued in accordance with this Section 6.11(b) shall, to the extent required by this Agreement Section 5.12 or the Security Agreement, be delivered to the Administrative Collateral Agent for pledge pursuant to the Security Agreement.

Limitation on Issuance of Capital Stock. (a) With respect to HoldingsBorrower, issue any Equity Interest that is not Qualified Capital Stock. (b) Borrowers will not, and will not permit With respect to any Subsidiary, to issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, any Equity Interest of any SubsidiaryInterest, except (i) for stock splits, stock dividends and additional issuances of Equity Interests issuances which do not decrease the percentage ownership of a Borrower or any Subsidiaries Subsidiary in any class of the Equity Interest of such Subsidiary; (ii) Subsidiaries of a Borrower formed after the Closing Date pursuant to Section 6.12 may issue Equity Interests to a Borrower or the Subsidiary of a Borrower which is to own such stockEquity Interests; and (iii) a Borrower may issue common stock that is Qualified Capital Stock for issuance of nominal directors’ qualifying shares pursuant to HoldingsRequirements of Law. All Equity Interests issued in accordance with this Section 6.11(b6.12(b) shall, to the extent required by this Sections 5.10 and 5.11 or any Security Agreement or the Security AgreementPledge Agreement or if such Equity Interests are issued by Borrower, subject to compliance with applicable Gaming Laws, be delivered to the Administrative Collateral Agent for pledge pursuant to the applicable Security Agreement or Pledge Agreement.

Limitation on Issuance of Capital Stock. (a) With respect to Holdings, issue any Equity Interest that is not Qualified Capital Stock. (b) Borrowers will notWith respect to the Subsidiaries, and will not permit any Subsidiary, to issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, any Equity Interest of any SubsidiaryInterest, except (i) for stock splits, stock dividends and additional issuances of Equity Interests issuances which do not decrease the percentage ownership of a Borrower or any Subsidiaries Subsidiary in any class of the Equity Interest of such Subsidiary; (ii) Subsidiaries of a Borrower formed after the Closing Date pursuant to in accordance with Section 6.12 6.14 may issue Equity Interests to a Borrower or the Subsidiary of a Borrower which is to own such stockEquity Interests; and (iii) a Borrower or a Guarantor that is a Wholly Owned Subsidiary of Holdings may issue its common stock that is Qualified Capital Stock to Holdingsany Holding Company. All Equity Interests of Subsidiaries issued in accordance with this Section 6.11(b) 6.13 shall, to the extent required by this Agreement Sections 5.11 and 5.12 or the any Security Agreement, be delivered to the Administrative Collateral Agent for pledge pursuant to the applicable Security Agreement.

Limitation on Issuance of Capital Stock. (a) With respect to HoldingsBorrower, issue any Equity Interest that is not Qualified Disqualified Capital Stock. (b) Borrowers will not, and will not permit With respect to any Subsidiary, to issue any Equity Interest of any Subsidiary (including by way of sales of treasury stock) or any options or warrants to purchase, or securities convertible into, any Equity Interest of any SubsidiaryInterest, except (i) for stock splits, stock dividends and additional issuances of Equity Interests issuances which do not decrease the percentage ownership of a Borrower or any Subsidiaries in any class of the Equity Interest Interests of such Subsidiary; , (ii) stock dividends pursuant to stock plans or other agreements existing on the Closing Date and listed on Schedule 6.13 and (iii) Subsidiaries of a Borrower formed or acquired after the Closing Date pursuant to in accordance with Section 6.12 6.04 may issue Equity Interests to a Borrower or the Subsidiary of a Borrower Company which is to own such stock; and (iii) a Borrower may issue common stock that is Qualified Capital Stock to HoldingsEquity Interests. All Equity Interests issued in accordance with this Section 6.11(b6.13(b) shall, to the extent required by this Agreement Sections 5.11 and 5.12 or the any Security AgreementDocument, be delivered to the Administrative Collateral Agent for pledge pursuant to the applicable Security AgreementDocument.