Examples of Subsidiary Capital Stock in a sentence
The Indenture imposes certain limitations on the incurrence of additional Indebtedness by the Company and its Subsidiaries; the payment of dividends on, and redemption of, Capital Stock of the Company and its Subsidiaries and the redemption of Subordinated Indebtedness of the Company and its Subsidiaries; Investments; sales of assets and Subsidiary Capital Stock; certain transactions with Affiliates of the Company and the right of the Company and its Subsidiaries to engage in unrelated lines of business.
The rights and obligations of each Grantor hereunder shall remain in full force and effect notwithstanding the addition of any such additional Subsidiary Capital Stock.
The execution and delivery of any instrument supplementing this Agreement so as to add Subsidiary Capital Stock as herein contemplated shall not require the consent of any other Grantor hereunder.
As of the date hereof, set forth on Schedules 2(a) and (b) attached hereto are complete and accurate lists and descriptions of all the Pledged Collateral of such Pledgor constituting Core Collateral or Subsidiary Capital Stock.
As of the date hereof, the Material Pledged Subsidiary Capital Stock held by such Pledgor listed on Schedule 2(b) attached hereto have been duly authorized and validly issued and are fully paid and non-assessable (if such issuer is a corporation) and are not subject to any options to purchase or any preemptive or similar rights of any Person (other than the Initial Borrower or any Subsidiary in respect of which a Purpose Statement on Federal Reserve Form FR U-1 has been provided).