Ownership; Liquidation; etc. Except as permitted by Section 6.10: (i) the Company shall cease to own, directly or indirectly, all the capital stock of its Wholly Owned Subsidiaries (other than director’s qualifying shares and, in the case of Foreign Subsidiaries, shares required to be owned by foreign nationals); (ii) (A) any “person” or “group” (as such terms are used in sections 13(d) and 14(d) of the Exchange Act), other than the current members of the Company’s management who directly (or indirectly through Affiliates) own capital stock of the Company is or becomes the “beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the Exchange Act except that a Person shall be deemed to have “beneficial ownership” of all securities that such Person has the right to acquire, whether such right is exercisable immediately or only after the passage of time), directly or indirectly, of more than 35% of the total voting stock of the Company;
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Samples: Credit Agreement (Buckeye Technologies Inc), Credit Agreement (Buckeye Technologies Inc), Credit Agreement (Buckeye Technologies Inc)
Ownership; Liquidation; etc. Except as permitted by Section 6.10:
(ia) the Company shall cease to own, directly or indirectly, all the capital stock of its Wholly Owned Subsidiaries (other than director’s 's qualifying shares and, in the case of Foreign Subsidiaries, shares required to be owned by foreign nationals);
(iib) (Ai) any “"person” " or “"group” " (as such terms are used in sections 13(d) and 14(d) of the Exchange Act), other than the current members of the Company’s 's management who directly (or indirectly through Affiliates) own capital stock of the Company is or becomes the “"beneficial owner” " (as defined in Rules 13d-3 and 13d-5 under the Exchange Act except that a Person shall be deemed to have “"beneficial ownership” " of all securities that such Person has the right to acquire, whether such right is exercisable immediately or only after the passage of time), directly or indirectly, of more than 35% of the total voting stock of the Company;
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Samples: Credit Agreement (Buckeye Technologies Inc), Credit Agreement (Buckeye Technologies Inc)
Ownership; Liquidation; etc. Except as permitted by Section 6.106.11:
(ia) the Company shall cease to own, directly or indirectly, all the capital stock of its Wholly Owned Subsidiaries (other than director’s 's qualifying shares and, in the case of Foreign Subsidiaries, shares required to be owned by foreign nationals);
(iib) (Ai) any “"person” " or “"group” " (as such terms are used in sections 13(d) and 14(d) of the Exchange Act), other than the current members of the Company’s 's management who directly (or indirectly through Affiliates) own capital stock of the Company is or becomes the “"beneficial owner” " (as defined in Rules 13d-3 and 13d-5 under the Exchange Act except that a Person shall be deemed to have “"beneficial ownership” " of all securities that such Person has the right to acquire, whether such right is exercisable immediately or only after the passage of time), directly or indirectly, of more than 35% of the total voting stock of the Company;
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