Common use of Restriction on Sale and Issuance of Subsidiary Stock Clause in Contracts

Restriction on Sale and Issuance of Subsidiary Stock. The Company shall not sell, and shall not permit any of its Subsidiaries to, issue or sell, any shares of Capital Stock of any Subsidiary of the Company to any Person other than the Company or a Wholly Owned Subsidiary of the Company unless an amount equal to the net proceeds of such sale is used by the Company within 180 days after the date of such sale for one or more of the purposes specified in Section 4.14(a).

Restriction on Sale and Issuance of Subsidiary Stock. The Company shall will not sell, and shall will not permit any of its Subsidiaries to, to issue or sell, any shares of Capital Stock Equity Interests of any Subsidiary of the Company to any Person other than the Company or a Wholly Owned Wholly-owned Subsidiary of the Company unless an amount equal to the net proceeds of such sale is used by the Company within 180 days after the date of such sale for one or more Company, except that all of the purposes specified in Section 4.14(a)Equity Interests of a Subsidiary may be sold if such Asset Sale complies with the other provisions of this Indenture, including Sections 5.15 and 6.1.

Restriction on Sale and Issuance of Subsidiary Stock. The Company shall not sell, and shall not permit any of its Subsidiaries to, to issue or sell, any shares of Capital Stock Equity Interests of any Subsidiary of the Company to any Person person other than the Company or a Wholly Owned Subsidiary of the Company unless an amount equal to the net proceeds of such sale is used by the Company within 180 days after the date of such sale for one or more Company, except that all of the purposes specified in Section 4.14(a)Equity Interests of a Subsidiary may be sold if such Asset Sale complies with Sections 4.11 and 5.01 hereof.