Common use of Limitation on Issuances and Sales of Equity Interests in Restricted Subsidiaries Clause in Contracts

Limitation on Issuances and Sales of Equity Interests in Restricted Subsidiaries. (a) Borrower shall not, and shall not permit any of its Restricted Subsidiaries to, transfer, convey, sell, lease or otherwise dispose of any Equity Interests in any Restricted Subsidiary to any Person (other than Borrower or a Wholly Owned Restricted Subsidiary of Borrower), unless:

Appears in 2 contracts

Samples: Credit Agreement (ALST Casino Holdco, LLC), Credit Agreement (ALST Casino Holdco, LLC)

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Limitation on Issuances and Sales of Equity Interests in Restricted Subsidiaries. (a) Borrower shall not, and shall not permit any of its Restricted Subsidiaries to, transfer, convey, sell, lease or otherwise dispose of any Equity Interests in any Restricted Subsidiary of Borrower to any Person (other than Borrower or a Wholly Owned Restricted Subsidiary of Borrower), unless:

Appears in 1 contract

Samples: Credit Agreement (Station Casinos Inc)

Limitation on Issuances and Sales of Equity Interests in Restricted Subsidiaries. (a) Borrower The Company shall not, and shall not permit any of its Restricted Subsidiaries to, issue, transfer, convey, sell, lease or otherwise dispose of any Equity Interests in any Restricted Subsidiary of the Company to any Person (other than Borrower the Company or a Wholly Owned Restricted Subsidiary of Borrowerthereof), unless:

Appears in 1 contract

Samples: Execution (Venture Holdings, Inc.)

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Limitation on Issuances and Sales of Equity Interests in Restricted Subsidiaries. (a) Borrower The Company shall not, and shall not permit any of its Restricted Subsidiaries to, transfer, convey, sell, lease or otherwise dispose of any Equity Interests in any Restricted Subsidiary or to issue any of its Equity Interests (other than, if necessary, Equity Interests constituting directors’ qualifying shares) to any Person (other than Borrower or a Wholly Owned Restricted Subsidiary of Borrower), unlessexcept:

Appears in 1 contract

Samples: Indenture (Oci Holdings Inc)

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