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

Limitation on Issuances and Sales of Capital Stock of Wholly Owned Subsidiaries. The Company (a) shall not, and shall not permit any of Wholly Owned Restricted Subsidiaries of the Company to, transfer, convey, sell, lease or otherwise dispose of any Equity Interests in any Wholly Owned Restricted Subsidiary of the Company to any Person (other than the Company or a Wholly Owned Restricted Subsidiary of the Company), unless (i) such transfer, conveyance, sale, lease or other disposition is of all the Equity Interests in such Wholly Owned Restricted Subsidiary or immediately following such transfer, conveyance, sale, lease or other disposition, the Wholly Owned Restricted Subsidiary is a Restricted Subsidiary and (ii) the cash Net Proceeds from such transfer, conveyance, sale, lease or other disposition are applied in accordance with Section 4.10 hereof, and (b) shall not permit any Wholly Owned Restricted Subsidiary of the Company to issue any of its Equity Interests (other than, if necessary, shares of its Capital Stock constituting directors' qualifying shares) to any Person other than to the Company or a Wholly Owned Restricted Subsidiary of the Company unless immediately following such issuance the Wholly Owned Restricted Subsidiary is a Restricted Subsidiary.

Limitation on Issuances and Sales of Capital Stock of Wholly Owned Subsidiaries. (a) The Company (ai) shall not, and shall not permit any of Wholly Owned Restricted Subsidiaries Subsidiary of the Company to, transfer, convey, sell, lease or otherwise dispose of any Equity Interests in Capital Stock of any such Wholly Owned Restricted Subsidiary of the Company to any Person (other than the Company or a Wholly Owned Restricted Subsidiary of the Company), unless (ia) such transfer, conveyance, sale, lease or other disposition is of all the Equity Interests in Capital Stock of such Wholly Owned Restricted Subsidiary or immediately following such transfer, conveyance, sale, lease or other disposition, the Wholly Owned Restricted Subsidiary is a Restricted Subsidiary and (iib) the cash Net Proceeds from such transfer, conveyance, sale, lease or other disposition are applied in accordance with Section 4.10 hereofhereof and, and (bii) shall not permit any Wholly Owned Restricted Subsidiary of the Company to issue any of its Equity Interests (other than, if necessary, shares of its Capital Stock constituting directors' qualifying shares) to any Person other than to the Company or a Wholly Owned Restricted Subsidiary of the Company unless immediately following such issuance the Company. (b) Holdings (i) shall not, and shall not permit any Wholly Owned Restricted Subsidiary of Holdings to, transfer, convey, sell, lease or otherwise dispose of any Capital Stock of any such Wholly Owned Restricted Subsidiary to any Person (other than Holdings or a Wholly Owned Restricted Subsidiary of Holdings), unless (a) such transfer, conveyance, sale, lease or other disposition is of all the Capital Stock of such Wholly Owned Restricted Subsidiary and (b) the cash Net Proceeds from such transfer, conveyance, sale, lease or other disposition are applied in accordance with Section 4.10 hereof, and (ii) shall not permit any Wholly Owned Restricted Subsidiary of Holdings to issue of any its Equity Interests (other than, if necessary, shares of its Capital Stock constituting directors' qualifying shares) to any Person other than to Holdings or a Wholly Owned Restricted SubsidiarySubsidiary of Holdings.

Limitation on Issuances and Sales of Capital Stock of Wholly Owned Subsidiaries. The Company (ai) shall not, and shall not permit any of Wholly Owned Restricted Subsidiaries Subsidiary of the Company or RCVP, VSI, SVS or VDSI to, transfer, convey, sell, lease or otherwise dispose of any Equity Interests in Capital Stock of any Wholly Owned Restricted Subsidiary of the Company Company, RCVP, VSI, SVS or VDSI to any Person (other than the Company or a Wholly Owned Restricted Subsidiary of the Company), unless (ia) such transfer, conveyance, sale, lease or other disposition is of all the Equity Interests in Capital Stock of such Wholly Owned Restricted Subsidiary Subsidiary, RCVP, VSI, SVS or immediately following such transfer, conveyance, sale, lease or other disposition, the Wholly Owned Restricted Subsidiary is a Restricted Subsidiary VDSI and (iib) the cash Net Proceeds Available Cash from such transfer, conveyance, sale, lease or other disposition are applied in accordance with Section 4.10 hereof, hereof and (bii) shall not permit any Wholly Owned Restricted Subsidiary of the Company or RCVP, VSI, SVS or VDSI to issue any of its Equity Interests (other than, if necessary, shares of its Capital Stock constituting directors' qualifying shares) to any Person other than to the Company or a Wholly Owned Restricted Subsidiary of the Company; provided that the Company unless immediately following such issuance the may sell or cause to be issued to a third party Equity Interests of Alliance Automaten GmbH & Co, KG or any other Wholly Owned Restricted Subsidiary is into which the Company consolidates or transfers its Bally Wulfx xxxrations in advance of such offering of Equity Interests (provided that the Equity Interests sold to a Restricted Subsidiarythird party represent no more than 20% of the Equity Interests of such entity outstanding immediately after such sale) if such sale complies in all respects with the provisions of Section 4.10 hereof.