Restriction on Sale and Issuance of Subsidiary Stock. Neither the Company nor the Guarantors shall sell, or permit any of their Subsidiaries to issue or sell, any Equity Interests of any Subsidiary of the Company to any person other than the Company or a Wholly owned Subsidiary of the Company, except for Equity Interests with no preferences or special rights or privileges and with no redemption or prepayment provisions.
Appears in 6 contracts
Samples: Indenture (Noble Broadcast Group Inc /Oh/), Indenture (Talk Radio Network Inc), Indenture (Multiverse Acquisition Corp)
