Sales of less than all the stock of a Subsidiary. In the case of the sale or issuance of the stock of a Subsidiary, the amount of Consolidated Assets contributed by the stock Disposed of shall be assumed to be the percentage of outstanding stock sold or to be sold.
Appears in 3 contracts
Samples: Stanley Furniture (Stanley Furniture Co Inc.), Private Shelf Agreement (Watsco Inc), Private Shelf Agreement (Watsco Inc)
Sales of less than all the stock of a Subsidiary. In the case of the sale or issuance of the stock of a Subsidiary, the amount of Consolidated Assets Operating Income, or amount of Consolidated Tangible Assets, as the case may be, contributed by the stock Disposed of shall be assumed to be the percentage of outstanding stock sold or to be sold.
Appears in 1 contract
Samples: Note Agreement (U S Liquids Inc)
