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

Restrictions on Sale and Issuance of Subsidiary Stock. Sell, nor permit any Restricted Subsidiary to issue or sell, any Stock (other than directors" qualifying shares) of any Restricted Subsidiary to any Person other than Borrower or a Wholly Owned Subsidiary of Borrower; provided, that Borrower and its Restricted Subsidiaries may sell all (but not less than all) of the capital Stock of a Restricted Subsidiary owned by Borrower and its Restricted Subsidiaries if the Net Proceeds from such Asset Sale are used in accordance with the terms of Section 7.4 hereof.

Restrictions on Sale and Issuance of Subsidiary Stock. Sell, nor permit any Restricted Subsidiary to issue or sell, any Stock (other than directors" qualifying shares) of any Restricted Subsidiary to any Person other than a Borrower or a Wholly Owned Subsidiary of such Borrower; provided, that such Borrower and its Restricted Subsidiaries may sell all (but not less than all) of the capital Stock of a Restricted Subsidiary owned by such Borrower and its Restricted Subsidiaries if the Net Proceeds from such Asset Sale are used in accordance with the terms of Section 7.4 hereof.

Restrictions on Sale and Issuance of Subsidiary Stock. SellThe Company shall not, nor and shall not permit any Restricted Subsidiary to to, issue or sell, sell any Stock Equity Interests (other than directors" ' qualifying shares) of any Restricted Subsidiary to any Person other than Borrower the Company or a Wholly Owned Subsidiary of Borrowerthe Company; providedPROVIDED, that Borrower the Company and its Restricted Subsidiaries may sell all (but not less than all) of the capital Capital Stock of a Restricted Subsidiary owned by Borrower the Company and its Restricted Subsidiaries if the Net Proceeds from such Asset Sale are used in accordance with the terms of Section 7.4 hereof4.10.

Restrictions on Sale and Issuance of Subsidiary Stock. SellThe Company shall not sell, nor and shall not permit any Restricted Subsidiary to issue or sell, any Stock Equity Interests (other than directors" ' qualifying shares) of any Restricted Subsidiary to any Person other than Borrower the Company or a Wholly Owned Subsidiary of Borrowerthe Company; providedprovided that, that Borrower the Company and its Restricted Subsidiaries may sell all (but not less than all) of the capital Capital Stock of a Restricted Subsidiary owned by Borrower the Company and its Restricted Subsidiaries if the Net Proceeds from such Asset Sale are used in accordance with the terms of Section 7.4 hereof4.10.

Restrictions on Sale and Issuance of Subsidiary Stock. Sell, nor permit any Restricted Subsidiary to issue or sell, any Stock (other than directors" qualifying shares) of any Restricted Subsidiary to any Person other than a Borrower or a Wholly Owned Subsidiary of such Borrower; provided, that such Borrower and its Restricted Subsidiaries Subsidiaries, subject to compliance with Applicable Gaming Laws, may sell all (but not less than all) of the capital Stock of a Restricted Subsidiary owned by such Borrower and its Restricted Subsidiaries if the Net Proceeds from such Asset Sale are used in accordance with the terms of Section 7.4 hereof.