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

Limitation on Issuances and Sales of Capital Stock of Subsidiaries. The Company shall not cause or permit any of its Subsidiaries to issue or sell any Capital Stock (other than to the Company or to a wholly-owned Subsidiary of the Company) or permit any Person (other than the Company or a wholly-owned Subsidiary of the Company) to own or hold any Capital Stock of any Subsidiary of the Company or any Lien or security interest therein; provided, however, that this Section 4.18 shall not prohibit the disposition (by sale, merger or otherwise) of all of the Capitol Stock of a Subsidiary provided any Net Cash Proceeds therefrom are applied in accordance with Section 4.17.

Limitation on Issuances and Sales of Capital Stock of Subsidiaries. The Company shall will not cause or permit any of its Subsidiaries to issue or sell any Capital Stock (other than to the Company or to a whollyWholly-owned Owned Subsidiary of the Company) or permit any Person (other than the Company or a whollyWholly-owned Owned Subsidiary of the Company) to own or hold any Capital Stock of any Subsidiary of the Company or any Lien or security interest therein; provided, however, that this Section 4.18 such covenant shall not prohibit the disposition (by sale, merger or otherwise) of all of the Capitol Capital Stock of a Subsidiary of the Company; provided any Net Cash Proceeds therefrom are applied in accordance with Section 4.174.15 of this Indenture.

Limitation on Issuances and Sales of Capital Stock of Subsidiaries. The Company shall not cause or permit any of its Subsidiaries to issue or sell any Capital Stock (other than to the Company or to a wholly-owned Subsidiary of the Company) or permit any Person (other than the Company or a wholly-wholly- owned Subsidiary of the Company) to own or hold any Capital Stock of any Subsidiary of the Company or any Lien or security interest therein; provided, however, that this Section 4.18 shall not prohibit the disposition (by sale, merger or otherwise) of all of the Capitol Capital Stock of a Subsidiary provided any Net Cash Proceeds therefrom are applied in accordance with Section 4.17.

Limitation on Issuances and Sales of Capital Stock of Subsidiaries. The Company shall not cause or permit any of its Subsidiaries to issue or sell any Capital Stock (other than to the Company or to a wholly-owned Subsidiary of the Company) or permit any Person (other than the Company or a wholly-owned Subsidiary of the Company) to own or hold any Capital Stock of any Subsidiary of the Company or any Lien or security interest therein; provided, however, that this Section 4.18 shall not prohibit the disposition (by sale, merger or otherwise) of all of the Capitol Capital Stock of a Subsidiary provided any Net Cash Proceeds therefrom are applied in accordance with Section 4.17.

Limitation on Issuances and Sales of Capital Stock of Subsidiaries. The Company shall not cause or permit any of its Subsidiaries to issue or sell any Capital Stock (other than to the Company or to a wholly-owned Subsidiary of the Company) or permit any Person (other than the Company or a wholly-owned Subsidiary of the Company) to own or hold any Capital Stock of any Subsidiary of the Company or any Lien or security interest therein; provided, however, that this Section 4.18 shall not prohibit (i) Permitted Liens or (ii) the disposition (by sale, merger or otherwise) of all of the Capitol Capital Stock of a Subsidiary provided any Net Cash Proceeds therefrom are applied in accordance with Section 4.17.