Restrictions on Sale and Issuance of Subsidiary Stock. The Borrower will not: (a) permit any of its Subsidiaries to issue or sell any units of any class of such Subsidiary’s Capital Stock to any other Person (other than to the Borrower or a Wholly-Owned Subsidiary of the Borrower); (b) sell, transfer or otherwise dispose of any units of any class of any of its Subsidiary’s Capital Stock to any other Person (except to the Borrower or a Wholly-Owned Subsidiary of the Borrower); or (c) permit any of its Subsidiaries to sell, transfer or otherwise dispose of any units of any class of Capital Stock of any other Subsidiary of the Borrower to any other Person (other than to the Borrower or a Wholly-Owned Subsidiary of the Borrower).
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Restrictions on Sale and Issuance of Subsidiary Stock. The Borrower will not:
(a) permit any of its Subsidiaries to issue or sell any units shares of any class of such Subsidiary’s Capital Stock 's stock to any other Person (other than to the Borrower or a Whollywholly-Owned owned Subsidiary of the Borrower);; or
(b) sell, transfer or otherwise dispose of any units shares of any class of stock of any of its Subsidiary’s Capital Stock Subsidiaries to any other Person (except to the Borrower or a Wholly-Owned wholly owned Subsidiary of the Borrower); or
(c) permit any of its Subsidiaries to sell, transfer or otherwise dispose of any units shares of any class of Capital Stock stock of any other Subsidiary of the Borrower to any other Person (other than to the Borrower or a Whollywholly-Owned owned Subsidiary of the Borrower); provided, however, that the foregoing shall not otherwise prohibit a Permitted Acquisition.
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Samples: Credit Agreement (Luiginos Inc)
Restrictions on Sale and Issuance of Subsidiary Stock. The Borrower will not:
(a) permit any of its Subsidiaries to issue or sell any units shares of any class of such Subsidiary’s Capital Stock to any other Person (other than to the Borrower or a Whollywholly-Owned owned Subsidiary of the Borrower);
(b) sell, transfer or otherwise dispose of any units shares of any class of any of its Subsidiary’s Capital Stock to any other Person (except to the Borrower or a Whollywholly-Owned owned Subsidiary of the Borrower); or
(c) permit any of its Subsidiaries to sell, transfer or otherwise dispose of any units shares of any class of Capital Stock of any other Subsidiary of the Borrower to any other Person (other than to the Borrower or a Whollywholly-Owned owned Subsidiary of the Borrower).
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