Investments in a Person. to the extent that the consideration therefor consists of the Company’s Qualified Capital Stock or the net proceeds of the substantially concurrent issue and sale (other than to any Subsidiary) of shares of the Company’s Qualified Capital Stock; provided that the net proceeds of such sale have been excluded from, and will not have been included in, the calculation of the amount determined under paragraph 2.2(c)(ii) of this Schedule;
Appears in 2 contracts
Samples: Intercreditor Agreement (Nord Anglia Education, Inc.), Intercreditor Agreement (Nord Anglia Education, Inc.)
Investments in a Person. to the extent that the consideration therefor consists of the Company’s Qualified Capital Stock or the net proceeds Net Cash Proceeds of the substantially concurrent issue and sale (other than to any Subsidiary) of shares of the Company’s Qualified Capital Stock; provided that the net proceeds Net Cash Proceeds of such sale have been excluded from, and will shall not have been included in, the calculation of the amount determined under paragraph 2.2(c)(ii) of this ScheduleSection 2 (Limitation on Restricted Payments);
Appears in 2 contracts
Samples: Facility Agreement (InterXion Holding N.V.), Intercreditor Agreement (InterXion Holding N.V.)