Common use of Subsidiary Stock Clause in Contracts

Subsidiary Stock. Except for any sale of 100% of the Capital Stock or other equity securities of any of the Company's Subsidiaries in compliance with the provisions of Section 6.7, the Company will not, and will not permit any of its Subsidiaries to directly or indirectly sell, assign, pledge or otherwise encumber or dispose of any shares of Capital Stock or other equity securities of any of its Subsidiaries, except (i) to qualify directors if required by applicable law, (ii) to the Company or to a Wholly-Owned Subsidiary of the Company, (iii) Asset Sales made in compliance with this Agreement or (iv) as otherwise permitted by this Agreement or the Pledge Agreement.

Subsidiary Stock. Except for any sale of 100% of the Capital Stock or other equity securities of any of the Company's Subsidiaries in compliance with the provisions of Section 6.7, the Company will not, not and will not permit any of its Subsidiaries the Guarantors to directly or indirectly sell, assign, pledge or otherwise encumber or dispose of any shares of Capital Stock or other equity securities of any of its Subsidiariesthe Guarantors, except (i) to qualify directors if required by applicable law, (ii) to the Company or to a Wholly-Owned Subsidiary of the Company, (iii) Asset Sales made in compliance with this Agreement or Agreement, (iv) as otherwise permitted by this Agreement or Liens in favor of the Pledge Agreementlenders under the Senior Credit Facility and (v) the formation of and contribution to the LLCs.

Subsidiary Stock. Except for any sale of 100% of the Capital Stock or other equity securities of any of the Company's Restricted Subsidiaries in compliance with the provisions of Section 6.76.6, the Company will not, not and will not permit any of its Restricted Subsidiaries to directly or indirectly sell, assign, pledge or otherwise encumber sell or dispose of any shares of Capital Stock or other equity securities of any of its Restricted Subsidiaries, except (i) to qualify directors if required by applicable law, (ii) to the Company or to a Wholly-Owned -107- Restricted Subsidiary of the Company, Company or (iii) Asset Sales made in compliance with this Agreement or (iv) as otherwise permitted by this Agreement or the Pledge Agreement.

Subsidiary Stock. Except for any sale of 100% of the Capital Stock or other equity securities of any of the Company's Subsidiaries in compliance with the provisions of Section 6.7, the Company will not, not and will not permit any of its Subsidiaries to directly or indirectly sell, assign, pledge or otherwise encumber or dispose of any shares of Capital Stock or other equity securities of any of its Subsidiaries, except (i) to qualify directors if required by applicable law, (ii) to the Company or to a Wholly-Owned Subsidiary of the Company, (iii) Asset Sales made in compliance with this Agreement or (iv) as otherwise permitted by this Agreement or Liens in favor of the Pledge Agreementlenders under the Senior Credit Facility.

Subsidiary Stock. Except for any sale of 100% of the Capital Stock or other equity securities of any of the Company's Subsidiaries in compliance with the provisions of Section 6.7, the Company will not, not and will not permit any of its Subsidiaries to directly or indirectly sell, assign, pledge or otherwise encumber or dispose of any shares of Capital Stock or other equity securities of any of its Subsidiaries, except (i) to qualify directors if required by applicable law, (ii) to the Company or to a Wholly-Owned Subsidiary of the Company, or (iii) Asset Sales made in compliance with this Agreement or (iv) as otherwise permitted by this Agreement or the Pledge Agreement.

Subsidiary Stock. Except for any sale of 100% of the Capital Stock or other equity securities of any of the Company's Restricted Subsidiaries in compliance with the provisions of Section 6.76.6, the Company will not, not and will not permit any of its Restricted Subsidiaries to directly or indirectly sell, assign, pledge or otherwise encumber sell or dispose of any shares of Capital Stock or other equity securities of any of its Restricted Subsidiaries, except (i) to qualify directors if required by applicable law, (ii) to the Company or to a Wholly-Owned Restricted Subsidiary of the Company, Company or (iii) Asset Sales made in compliance with this Agreement or (iv) as otherwise permitted by this Agreement or the Pledge Agreement.