Common use of Stock of Subsidiaries Clause in Contracts

Stock of Subsidiaries. Sell or otherwise dispose of any Subsidiary or permit a Subsidiary to issue any additional shares of its capital stock except pro rata to its stockholders; and

Appears in 8 contracts

Samples: Convertible Notes (International Isotopes Inc), Photomedex Inc, Securities Purchase Agreement (Tanke Biosciences Corp)

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Stock of Subsidiaries. Sell or otherwise dispose of any Subsidiary --------------------- (except in connection with a merger or consolidation of a Subsidiary into the Borrower or another Subsidiary or with the dissolution of a Subsidiary) or permit a Subsidiary to issue any additional shares of its capital stock except pro rata to its stockholders; and.

Appears in 2 contracts

Samples: Loan Agreement (Nu Horizons Electronics Corp), Loan Agreement (Nu Horizons Electronics Corp)

Stock of Subsidiaries. Sell or otherwise dispose of any Subsidiary (except in connection with a merger or consolidation of a Subsidiary into the Borrower or another Subsidiary to the extent permitted pursuant to Section 7.2(b)) or permit a any Subsidiary to issue any additional shares of its capital stock except pro rata to its stockholders; andCapital Stock.

Appears in 1 contract

Samples: Loan Agreement (Integramed America Inc)

Stock of Subsidiaries. Sell or otherwise dispose of any --------------------- Subsidiary (except in connection with a merger or consolidation of a Subsidiary into the Borrower or another Subsidiary) or permit a Subsidiary to issue any additional shares of its capital stock except pro rata to its stockholders; and.

Appears in 1 contract

Samples: Revolving Credit Agreement (Asi Solutions Inc)

Stock of Subsidiaries. Sell or otherwise dispose of any Subsidiary (except in connection with a merger or consolidation of subsidiary into the Borrower or another Subsidiary) or permit a Subsidiary to issue any additional shares of its capital stock except pro rata to its stockholders; and. 7.12

Appears in 1 contract

Samples: Chyron Corp

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Stock of Subsidiaries. Sell or otherwise dispose of any Subsidiary (except in connection with a merger or consolidation of a Subsidiary into the Borrower or another Subsidiary) or permit a Subsidiary to issue any additional shares of its capital stock except pro rata to its stockholders; and. 7.10

Appears in 1 contract

Samples: Execution Copy Loan Agreement   Loan Agreement (Chyron Corp)

Stock of Subsidiaries. Sell or otherwise dispose of any Subsidiary (except in connection with a merger or consolidation of such Subsidiary into the Borrower or another Subsidiary) or permit a Subsidiary to issue any additional shares of its capital stock except pro rata to its stockholders; and.

Appears in 1 contract

Samples: Credit Agreement (Cpi Aerostructures Inc)

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