Subsidiary Stock Issuance. Permit any Subsidiary of any Obligor to issue or sell to any Person, other than such Obligor, any of such Subsidiary's shares, interests, participation or other equivalents (however designated including stock appreciation rights), warrants or options to acquire capital stock.
Appears in 3 contracts
Samples: Financing Agreement (Fibermark Inc), Financing Agreement (Arcon Coating Mills Inc), Financing Agreement (Fibermark Inc)
Subsidiary Stock Issuance. Permit any Subsidiary of any Obligor to issue or sell to any Person, other than such Obligor, any of such Subsidiary's ’s shares, interests, participation or other equivalents (however designated including stock appreciation rights), warrants or options to acquire capital stock.
Appears in 1 contract
Samples: Financing Agreement (Fibermark Inc)