Common use of Restriction on Ownership Clause in Contracts

Restriction on Ownership. (i) Xxxx & Xxxxxx Canada shall not issue to or permit any person to hold any shares in the capital of, or other ownership interest of, Xxxx & Talbot Canada or any right to acquire any such shares, other than Xxxx & Xxxxxx US or a wholly-owned Subsidiary thereof.

Appears in 3 contracts

Samples: Credit Agreement (Pope & Talbot Inc /De/), Credit Agreement (Pope & Talbot Inc /De/), Credit Agreement (Pope & Talbot Inc /De/)

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Restriction on Ownership. (i) Xxxx & Xxxxxx Talbot Canada shall not issue to or permit any person to hold any shares in the capital of, or other ownership interest of, Xxxx & Talbot Xxxxxx Canada or any right to acquire any such shares, other than Xxxx & Xxxxxx Talbot US or a wholly-owned Subsidiary thereof.

Appears in 1 contract

Samples: Postponement Agreement (Pope & Talbot Inc /De/)

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