Common use of Capital Increases Clause in Contracts

Capital Increases. No Group Company shall, without Minority Consent make a Capital Increase and issue any securities or interests pursuant thereto to any Person other than Cayman 7 or a wholly-owned subsidiary of Cayman 7, and Cayman 7 shall pledge all such securities or interests for which it subscribes pursuant to this paragraph pursuant to the terms of the Cayman 7 Pledge.

Appears in 2 contracts

Sources: Governance and Shareholders Agreement (Central European Distribution Corp), Governance and Shareholders Agreement (Central European Distribution Corp)