Common use of Limitation on the Issuance and Sale of Capital Stock of Significant Subsidiaries Clause in Contracts

Limitation on the Issuance and Sale of Capital Stock of Significant Subsidiaries. Under the terms of the 10-Year Notes Indenture, the Company will not sell, and will not permit any Significant Subsidiary, directly or indirectly, to issue or sell, any shares of Capital Stock of a Significant Subsidiary (including options, warrants or other rights to purchase shares of such Capital Stock) except (i) to the Company or a Wholly-Owned Subsidiary that, at the time of such sale, is a Significant Subsidiary, (ii) if, immediately after giving effect to such issuance or sale, such Significant Subsidiary would no longer constitute a Significant Subsidiary, (iii) in the case of issuances of Capital Stock by a Significant Subsidiary if, after giving effect to such issuance, the Company maintains its percentage ownership of such Significant Subsidiary, (iv) the issuance to or ownership by directors of directors’ qualifying shares or the issuance to or ownership by a Person of Capital Stock of any Significant Subsidiary, to the extent mandated by applicable law, or (v) the issuance or transfer of Capital Stock of a Significant Subsidiary to the seller or transferor of a Cable/Telecommunications Business, provided that after giving effect to any such issuance or transfer, the Company holds at least 51% of the Capital Stock (including 51% of the Voting Stock) of any such Significant Subsidiary, and provided further that in the case of clauses (ii), (iii) and (v) above, any such issuance or sale shall comply with the “Limitation on Asset Sales” covenant.

Limitation on the Issuance and Sale of Capital Stock of Significant Subsidiaries. Under the terms of the 10-Year Notes Indenture, the The Company will not sell, and will not permit any Significant Subsidiary, directly or indirectly, to issue or sell, any shares of Capital Stock of a Significant Subsidiary (including options, warrants or other rights to purchase shares of such Capital Stock) except (i) to the Company or a Wholly-Owned Subsidiary that, at the time of such sale, is a Significant Subsidiary, (ii) if, immediately after giving effect to such issuance or sale, such Significant Subsidiary would no longer constitute a Significant Subsidiary, (iii) in the case of issuances of Capital Stock by a Significant Subsidiary if, after giving effect to such issuance, the Company maintains its percentage ownership of such Significant Subsidiary, (iv) the issuance to or ownership by directors of directors’ ' qualifying shares or the issuance to or ownership by a Person of Capital Stock of any Significant Subsidiary, to the extent mandated by applicable law, or (v) the issuance or transfer of Capital Stock of a Significant Subsidiary to the seller or transferor of a Cable/Telecommunications Business, provided that after giving effect to any such issuance or transfer, the Company holds at least 51% of the Capital Stock (including 51% of the Voting Stock) of any such Significant Subsidiary, and provided further that in the case of clauses (ii), (iii) and (v) aboveof this Section 4.8, any such issuance or sale shall comply with the “Limitation on Asset Sales” covenant.Section 4.13

Limitation on the Issuance and Sale of Capital Stock of Significant Subsidiaries. Under the terms of the 10-Year Notes Indenture, the Company will not sell, and will not permit any Significant Subsidiary, directly or indirectly, to issue or sell, any shares of Capital Stock of a Significant Subsidiary (including options, warrants or other rights to purchase shares of such Capital Stock) except (i) to the Company or a Wholly-Owned Subsidiary that, at the time of such sale, is a Significant Subsidiary, (ii) if, immediately after giving effect to such issuance or sale, such Significant Subsidiary would no longer constitute a Significant Subsidiary, (iii) in the case of issuances of Capital Stock by a Significant Subsidiary if, after giving effect to such issuance, the Company maintains its percentage ownership of such Significant Subsidiary, (iv) the issuance to or ownership by directors of directors’ qualifying shares or the issuance to or ownership by a Person of Capital Stock of any Significant Subsidiary, to the extent mandated by applicable law, or (v) the issuance or transfer of Capital Stock of a Significant Subsidiary to the seller or transferor of a Cable/Telecommunications Business, provided that after giving effect to any such issuance or transfer, the Company holds at least 51% of the Capital Stock (including 51% of the Voting Stock) of any such Significant Subsidiary, and provided further that in the case of clauses (ii), (iii) and (v) above, any such issuance or sale shall comply with the “Limitation on Asset Sales” covenant.

Limitation on the Issuance and Sale of Capital Stock of Significant Subsidiaries. Under the terms of the 10-Year Notes Indenture, the The Company will not sell, and will not permit any Significant Subsidiary, directly or indirectly, to issue or sell, any shares of Capital Stock of a Significant Subsidiary (including options, warrants or other rights to purchase shares of such Capital Stock) except (i) to the Company or a Wholly-Owned Subsidiary that, at the time of such sale, is a Significant Subsidiary, (ii) if, immediately after giving effect to such issuance or sale, such Significant Subsidiary would no longer constitute a Significant Subsidiary, (iii) in the case of issuances of Capital Stock by a Significant Subsidiary if, after giving effect to such issuance, the Company maintains its percentage ownership of such Significant Subsidiary, (iv) the issuance to or ownership by directors of directors’ qualifying shares or the issuance to or ownership by a Person of Capital Stock of any Significant Subsidiary, to the extent mandated by applicable law, or (v) the issuance or transfer of Capital Stock of a Significant Subsidiary to the seller or transferor of a Cable/Telecommunications Business, provided that after giving effect to any such issuance or transfer, the Company holds at least 51% of the Capital Stock (including 51% of the Voting Stock) of any such Significant Subsidiary, and provided further that in the case of clauses (ii), (iii) and (v) aboveof this Section 4.8, any such issuance or sale shall comply with the “Limitation on Asset Sales” covenant.Section 4.13

Limitation on the Issuance and Sale of Capital Stock of Significant Subsidiaries. Under the terms of the 107-Year Notes Indenture, the Company will not sell, and will not permit any Significant Subsidiary, directly or indirectly, to issue or sell, any shares of Capital Stock of a Significant Subsidiary (including options, warrants or other rights to purchase shares of such Capital Stock) except (i) to the Company or a Wholly-Owned Subsidiary that, at the time of such sale, is a Significant Subsidiary, (ii) if, immediately after giving effect to such issuance or sale, such Significant Subsidiary would no longer constitute a Significant Subsidiary, (iii) in the case of issuances of Capital Stock by a Significant Subsidiary if, after giving effect to such issuance, the Company maintains its percentage ownership of such Significant Subsidiary, (iv) the issuance to or ownership by directors of directors’ qualifying shares or the issuance to or ownership by a Person of Capital Stock of any Significant Subsidiary, to the extent mandated by applicable law, or (v) the issuance or transfer of Capital Stock of a Significant Subsidiary to the seller or transferor of a Cable/Telecommunications Business, provided that after giving effect to any such issuance or transfer, the Company holds at least 51% of the Capital Stock (including 51% of the Voting Stock) of any such Significant Subsidiary, and provided further that in the case of clauses (ii), (iii) and (v) above, any such issuance or sale shall comply with the “Limitation on Asset Sales” covenant.