Common use of Limitations on Dispositions of Stock or Indebtedness of Restricted Subsidiaries Clause in Contracts

Limitations on Dispositions of Stock or Indebtedness of Restricted Subsidiaries. The Borrower will not sell, assign, transfer or otherwise dispose of (except to a wholly-owned Restricted Subsidiary) any shares of capital stock of any class of any Restricted Subsidiary, or any other security of, or any Debt owing to it by, any such Restricted Subsidiary, unless (i) all of the capital stock and other securities and the entire Debt of such Restricted Subsidiary at the time owned by the Borrower and by all its other Restricted Subsidiaries shall be sold, assigned, transferred or otherwise disposed of, at the same time, for cash, (ii) such Restricted Subsidiary shall not, at the time of such sale, assignment, transfer or other disposition, own either (a) any shares of capital stock of any class or any other security or any Debt of any other Restricted Subsidiary of the Borrower which is not being simultaneously disposed of as permitted by this Section 6.10 or (b) any Debt of the Borrower, and (iii) such sales, assignment or transfer is permitted by Section 6.03 or Section 6.04 hereof.

Limitations on Dispositions of Stock or Indebtedness of Restricted Subsidiaries. The Borrower Company will not sell, assign, transfer or otherwise dispose of (except to a wholly-owned Restricted Subsidiary) any shares of capital stock of any class of any Restricted Subsidiary, or any other security of, or any Debt Indebtedness owing to it by, any such Restricted Subsidiary, unless (i) all of the capital stock and other securities and the entire Debt Indebtedness of such Restricted Subsidiary at the time owned by the Borrower Company and by all its other Restricted Subsidiaries shall be sold, assigned, transferred or otherwise disposed of, at the same time, for cash, (ii) such Restricted Subsidiary shall not, at the time of such sale, assignment, transfer or other disposition, own either (a) any shares of capital stock of any class or any other security or any Debt Indebtedness of any other Restricted Subsidiary of the Borrower Company which is not being simultaneously disposed of as permitted by this Section 6.10 6.20 or (b) any Debt Indebtedness of the BorrowerCompany, and (iii) such sales, assignment or transfer is permitted by Section 6.03 6.13 or Section 6.04 6.14 hereof.

Limitations on Dispositions of Stock or Indebtedness of Restricted Subsidiaries. The Borrower Company will not sell, assign, transfer or otherwise dispose of (except to a Sidley Xxxxxx Xxxxx & Xxxx -46- wholly-owned Restricted Subsidiary) any shares of capital stock of any class of any Restricted Subsidiary, or any other security of, or any Debt Indebtedness owing to it by, any such Restricted Subsidiary, unless (i) all of the capital stock and other securities and the entire Debt Indebtedness of such Restricted Subsidiary at the time owned by the Borrower Company and by all its other Restricted Subsidiaries shall be sold, assigned, transferred or otherwise disposed of, at the same time, for cash, (ii) such Restricted Subsidiary shall not, at the time of such sale, assignment, transfer or other disposition, own either (a) any shares of capital stock of any class or any other security or any Debt Indebtedness of any other Restricted Subsidiary of the Borrower Company which is not being simultaneously disposed of as permitted by this Section 6.10 6.20 or (b) any Debt Indebtedness of the BorrowerCompany, and (iii) such sales, assignment or transfer is permitted by Section 6.03 6.13 or Section 6.04 6.14 hereof.