Common use of Limitation on Issuances and Sales of Capital Stock of Restricted Subsidiaries Clause in Contracts

Limitation on Issuances and Sales of Capital Stock of Restricted Subsidiaries. The Guarantor may not, and may not permit any Restricted Subsidiary of the Guarantor to, issue, transfer, convey, sell or otherwise dispose of any shares of Capital Stock of a Restricted Subsidiary of the Guarantor or securities convertible or exchangeable into, or options, warrants, rights or any other interest with respect to, Capital Stock of a Restricted Subsidiary of the Guarantor to any Person other than the Guarantor or a Wholly Owned Restricted Subsidiary of the Guarantor except (i) a sale of all of the Capital Stock of such Restricted Subsidiary owned by the Guarantor and any Restricted Subsidiary of the Guarantor that complies with Section 10.13 above to the extent such Section applies, (ii) if required, the issuance, transfer, conveyance, sale or other disposition of directors' qualifying shares, (