Common use of Disposal of Subsidiary Stock Clause in Contracts

Disposal of Subsidiary Stock. Except pursuant to the Collateral Documents and except for any sale of 100% of the capital stock or other equity Securities of any of its Subsidiaries in compliance with the provisions of subsections 7.3 or 7.7 Borrower shall not:

Appears in 2 contracts

Samples: Credit Agreement (Joy Global Inc), Credit Agreement (Joy Global Inc)

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Disposal of Subsidiary Stock. Except pursuant to the Collateral Documents and except for any sale of 100% all of the capital stock or other equity Securities of any of its Subsidiaries owned by any Borrower and its Subsidiaries in compliance with the provisions of subsections 7.3 or 7.7 subsection 7.7(iv), each Borrower shall not:

Appears in 2 contracts

Samples: Credit Agreement (Hines Holdings Inc), Credit Agreement (Hines Horticulture Inc)

Disposal of Subsidiary Stock. Except pursuant to for (x) any pledge or encumbrance of the Capital Stock of any of its Restricted Subsidiaries required under this Agreement and the applicable Collateral Documents and except for (y) any sale of 100% of the capital stock or other equity Securities Capital Stock of any of its Restricted Subsidiaries in compliance with the provisions of subsections 7.3 subsection 7.7(i) or 7.7 7.7(vi), Borrower shall not:

Appears in 2 contracts

Samples: Credit Agreement (Isle of Capri Casinos Inc), Credit Agreement (Grand Palais Riverboat Inc)

Disposal of Subsidiary Stock. Except pursuant to the Collateral Documents and except for any sale of 100% of the capital stock or other equity Securities of any of its Subsidiaries in compliance with the provisions of subsections 7.3 or 7.7 subsection 7.7, Borrower shall not:

Appears in 2 contracts

Samples: Credit Agreement (Winsloew Furniture Inc), Credit Agreement (Winsloew Furniture Inc)

Disposal of Subsidiary Stock. Except pursuant to for (x) any pledge or encumbrance of the Capital Stock of any of its Restricted Subsidiaries required under this Agreement and the applicable Collateral Documents and except for (y) any sale of 100% of the capital stock or other equity Securities Capital Stock of any of its Restricted Subsidiaries in compliance with the provisions of subsections 7.3 or 7.7 subsection 7.7, Borrower shall not:

Appears in 2 contracts

Samples: Security Agreement (Isle of Capri Casinos Inc), Credit Agreement (Isle of Capri Casinos Inc)

Disposal of Subsidiary Stock. Except pursuant to the Collateral Documents and except for any sale or other disposition of 100% of the capital stock or other equity Securities of any of its Subsidiaries in compliance with the provisions of subsections 7.3 or 7.7 Borrower subsection 7.7, Company shall not:

Appears in 1 contract

Samples: Credit Agreement (Sunrise Medical Inc)

Disposal of Subsidiary Stock. Except pursuant to the Collateral Documents and except for any sale of 100% of the capital stock or other equity Securities of any of its Subsidiaries in compliance with the provisions of subsections 7.3 subsection 7.7(iv) or 7.7 Borrower 7.7(v), Company shall not:

Appears in 1 contract

Samples: Credit Agreement (Katy Industries Inc)

Disposal of Subsidiary Stock. Except pursuant to the Collateral Documents and except for any sale of 100% of the capital stock or other equity Securities of any of its their Subsidiaries in compliance with the provisions of subsections 7.3 or subsection 7.7 and any pledge permitted under subsection 7.2, Borrower and Holdings shall not:

Appears in 1 contract

Samples: Credit Agreement (La Quinta Properties Inc)

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Disposal of Subsidiary Stock. Except pursuant to for (x) any pledge or encumbrance of the capital stock or other equity Securities of any of its Restricted Subsidiaries required under this Agreement and the applicable Collateral Documents and except for (y) any sale of 100% of the capital stock or other equity Securities of any of its Restricted Subsidiaries in compliance with the provisions of subsections 7.3 subsection 7.7(i) or 7.7 Borrower 7.7(vi), Company shall not:

Appears in 1 contract

Samples: Credit Agreement (Isle of Capri Casinos Inc)

Disposal of Subsidiary Stock. Except pursuant to the Collateral Documents and except for any sale of 100% of the capital stock or other equity Securities of any of its Subsidiaries in compliance with the provisions of subsections 7.3 or 7.7 7.7(iv) and 7.7(vi), Borrower shall not:

Appears in 1 contract

Samples: Credit Agreement (Joy Global Inc)

Disposal of Subsidiary Stock. Except pursuant to for (x) any pledge or encumbrance of the Capital Stock of any of its Restricted Subsidiaries required under this Agreement and the applicable Collateral Documents 131 and except for (y) any sale of 100% of the capital stock or other equity Securities Capital Stock of any of its Restricted Subsidiaries in compliance with the provisions of subsections 7.3 or 7.7 subsection 7.7, Borrower shall not:

Appears in 1 contract

Samples: Credit Agreement (Isle of Capri Casinos Inc)

Disposal of Subsidiary Stock. Except pursuant to the Collateral Documents and except for any sale of 100% of the capital stock or other equity Securities of any of its Subsidiaries in compliance with the provisions of subsections 7.3 or 7.7 subsection 7.7(iv), each Borrower shall not:: 136

Appears in 1 contract

Samples: Credit Agreement (Hines Holdings Inc)

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