Common use of Issuance of Stock by Subsidiaries Clause in Contracts

Issuance of Stock by Subsidiaries. The Company covenants that it will not permit any Subsidiary to (either directly, or indirectly by the issuance of rights or options for, or securities convertible into, such shares) issue, sell or otherwise dispose of any shares of any class of its stock or partnership or other ownership interests (other than directors' qualifying shares) except to the Company or a Restricted Subsidiary, and except to the extent that holders of minority interests may be entitled to purchase stock by reason of preemptive rights.

Issuance of Stock by Subsidiaries. The Company covenants that it will not permit any Subsidiary to (either directly, or indirectly by the issuance of rights or options for, or securities convertible into, such shares) to issue, sell or otherwise dispose of any shares of any class of its stock or partnership or other ownership interests (other than directors' qualifying shares) except to the Company or a Restricted Subsidiary, Subsidiary and except to the extent that holders of minority interests may be entitled to purchase stock by reason of preemptive rights.

Issuance of Stock by Subsidiaries. The Company covenants that it will not permit any Subsidiary to (either directly, or indirectly by the issuance of rights or options for, or securities convertible into, such shares) to issue, sell or otherwise dispose of any shares of any class of its stock or partnership or other ownership interests (other than directors' qualifying shares) except to the Company or a Restricted Subsidiary, another Wholly-Owned Subsidiary and except as otherwise permitted pursuant to paragraph 6C(4) or to the extent that holders of minority interests may be entitled to purchase stock by reason of preemptive rights.

Issuance of Stock by Subsidiaries. The Company covenants that it will not permit any Subsidiary to (either directly, or indirectly by the issuance of rights or options for, or securities convertible into, such shares) to issue, sell or otherwise dispose of any shares of any class of its stock or partnership or other ownership interests (other than directors' qualifying shares) except to the Company or a Restricted another Subsidiary, and except to the extent that holders of minority interests may be entitled to purchase stock by reason of preemptive rights.

Issuance of Stock by Subsidiaries. The Company covenants that it will not permit any Subsidiary to of the Company (either directly, or indirectly by the issuance of rights or options for, or securities convertible into, such shares) to issue, sell or otherwise dispose of any shares of any class of its stock or partnership or other ownership interests (other than directors' qualifying shares) except to the Company or a Restricted Subsidiary, and except to Subsidiary of the extent that holders of minority interests may be entitled to purchase stock by reason of preemptive rightsCompany.