Common use of Stock of Subsidiaries Clause in Contracts

Stock of Subsidiaries. The Borrower shall not sell or otherwise dispose of (including the granting of any security interest in) any shares of capital stock of any Subsidiary other than pursuant to the Pledge Agreement, or permit any Subsidiary to issue additional shares of its capital stock, except the minimum number of directors’ qualifying shares required by applicable law.

Stock of Subsidiaries. The Borrower shall not sell or otherwise dispose of (including the granting of any security interest in) any shares of capital stock of any Subsidiary other than pursuant to the Pledge Security Agreement, or permit any Subsidiary to issue additional shares of its capital stock, except the minimum number of directors’ qualifying shares required by applicable law.

Stock of Subsidiaries. The Borrower shall not sell or otherwise dispose of (including the granting of any security interest in) any shares of capital stock of any Subsidiary other than pursuant to the Pledge Agreement, or permit any Subsidiary to issue additional shares of its capital stock, except the minimum number of directors’ ' qualifying shares required by applicable law.

Stock of Subsidiaries. The Borrower shall will not sell or otherwise dispose of (including the granting of any security interest in) any shares of capital stock of any Domestic Subsidiary other than pursuant to the Pledge Agreement, or permit any Domestic Subsidiary to issue any additional shares of its capital stock, stock except the minimum number of directors’ qualifying shares required by applicable lawpro rata to its stockholders.

Stock of Subsidiaries. The Borrower shall will not sell or otherwise dispose of (including the granting of any security interest in) any shares of capital stock of any Domestic Subsidiary (other than pursuant to the Pledge Agreement, Inactive Subsidiaries) or permit any Domestic Subsidiary to issue any additional shares of its capital stock, stock (other than Permitted Asset Dispositions) except the minimum number of directors’ qualifying shares required by applicable lawto another Domestic Subsidiary or pro rata to its stockholders.