Maintenance of Ownership of Subsidiaries. The Company shall not sell or otherwise transfer any shares of capital stock of any Subsidiary, except to the Company or another Subsidiary, or permit any Subsidiary to issue, sell or otherwise transfer any shares of its capital stock or the capital stock of any Subsidiary, except to the Company or another Subsidiary.
Appears in 3 contracts
Samples: Rights Agreement (Gene Logic Inc), Investor Rights Agreement (Neogenesis Pharmaceuticals Inc), Rights Agreement (Memory Pharmaceuticals Corp)
Maintenance of Ownership of Subsidiaries. The Except for transactions permitted by Section 6.6, the Company shall not sell or otherwise transfer any shares of capital stock of any Subsidiary, except to the Company or another Subsidiary, or permit any Subsidiary to issue, sell or otherwise transfer any shares of its capital stock or the capital stock of any Subsidiary, except to the Company or another Subsidiary.
Appears in 2 contracts
Samples: Note Purchase Agreement (Youbet Com Inc), Note Purchase Agreement (Youbet Com Inc)
