Common use of Subsidiary Stock Issuance Clause in Contracts

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 and Guaranty (Fibermark Inc), Financing Agreement and Guaranty (Fibermark Inc), Financing Agreement and Guaranty (Arcon Coating Mills Inc)

AutoNDA by SimpleDocs

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 and Guaranty (Fibermark Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!