Wholly-Owned Subsidiaries. All of the Company's Subsidiaries shall be direct or indirect wholly owned Subsidiaries of the Company, and the Company shall not, and shall not permit any Subsidiary to, sell or issue, transfer, encumber or otherwise dispose of any shares of capital stock of any of the Company's Subsidiaries to any Person other than the Company and its direct or indirect wholly owned Subsidiaries, except for a pledge of any such shares in connection with the incurrence of indebtedness.
Appears in 6 contracts
Samples: Stockholders' Agreement (Desai Capital Management Inc), Stockholder and Investor Rights Agreement (Dobson Communications Corp), Stockholder and Investor Rights Agreement (Dobson Communications Corp)
Wholly-Owned Subsidiaries. All of the Company's Subsidiaries shall be ------------------------- direct or indirect wholly owned Subsidiaries of the Company, and the Company shall not, and shall not permit any Subsidiary to, sell or issue, transfer, encumber or otherwise dispose of any shares of capital stock of any of the Company's Subsidiaries to any Person other than the Company and its direct or indirect wholly owned Subsidiaries, except for a pledge of any such shares in connection with the incurrence of indebtedness.
Appears in 2 contracts
Samples: Stockholders' Agreement (Telecorp PCS Inc), Stockholders' Agreement (Telecorp Tritel Holding Co)
Wholly-Owned Subsidiaries. All of the Company's Subsidiaries ------------------------- shall be direct or indirect wholly owned Subsidiaries of the Company, and the Company shall not, and shall not permit any Subsidiary to, sell or issue, transfer, encumber or otherwise dispose of any shares of capital stock of any of the Company's Subsidiaries to any Person other than the Company and its direct or indirect wholly owned Subsidiaries, except for a pledge of any such shares in connection with the incurrence of indebtedness.
Appears in 2 contracts
Samples: Stockholders' Agreement (Triton PCS Holdings Inc), Stockholders' Agreement (Triton PCS Inc)
Wholly-Owned Subsidiaries. All of the Company's Companys Subsidiaries shall be direct or indirect wholly owned Subsidiaries of the Company, and the Company shall not, and shall not permit any Subsidiary to, sell or issue, transfer, encumber or otherwise dispose of any shares of capital stock of any of the Company's Companys Subsidiaries to any Person other than the Company and its direct or indirect wholly owned Subsidiaries, except for a pledge of any such shares in connection with the incurrence of indebtedness.
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