Common use of Limitation on Sales of Assets and Subsidiary Stock Clause in Contracts

Limitation on Sales of Assets and Subsidiary Stock. (a) The Company shall not, and shall not permit any restricted Subsidiary to, directly or indirectly, sell, transfer or otherwise dispose of (collectively, a "disposition") any Capital Stock of any Person that owns, directly or indirectly, all or a significant portion of the Tubular Business, unless:

Appears in 2 contracts

Samples: Indenture (United States Steel Corp), United States Steel Corp

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Limitation on Sales of Assets and Subsidiary Stock. (a) The Company shall will not, and shall will not permit any restricted Restricted Subsidiary to, directly or indirectly, sellconsummate any sale, lease, transfer or otherwise dispose other disposition (or series of related sales, leases, transfers or dispositions) by the Company or any Restricted Subsidiary, including any disposition by means of a merger, consolida tion or similar transaction (collectivelyeach referred to for the purposes of this definition as an "Asset Disposition"), a "disposition") any Capital Stock of any Person that owns, directly or indirectly, all or a significant portion of the Tubular Business, unlessof:

Appears in 2 contracts

Samples: Letter of Credit And (Contifinancial Corp), Reimbursement Agreement (Contifinancial Corp)

Limitation on Sales of Assets and Subsidiary Stock. (a) The Company shall not, and shall not permit any restricted Restricted Subsidiary to, directly or indirectly, sell, assign, lease, convey, transfer or otherwise dispose of (collectively, whether in one or a "disposition"series of transactions) any property (including accounts receivable and the Capital Stock of any Person that owns, directly Subsidiary) or indirectly, all or a significant portion enter into any agreement to do any of the Tubular Businessforegoing, unlessexcept:

Appears in 2 contracts

Samples: Indenture (Cii Financial Inc), Cii Financial Inc

Limitation on Sales of Assets and Subsidiary Stock. (a) The Company shall not, and shall not permit any restricted Restricted Subsidiary to, directly or indirectly, sell, lease, transfer or otherwise dispose of (collectivelythe Escrowed Property other than in accordance with the Escrow Agreement and the Escrow Security Agreement. The Company shall not, a "disposition") and shall not permit any Capital Stock of any Person that ownsRestricted Subsidiary to, directly or indirectly, all or a significant portion consummate any Asset Disposition of property other than the Tubular BusinessEscrowed Property, unless:

Appears in 1 contract

Samples: Chiles Magellan LLC

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Limitation on Sales of Assets and Subsidiary Stock. (a) The Company shall Borrower will not, and shall will not permit any restricted Restricted Subsidiary to, directly or indirectly, sellconsummate any sale, lease, transfer or otherwise dispose other disposition (or series of related sales, leases, transfers or dispositions) by the Borrower or any Restricted Subsidiary, including any disposition by means of a merger, consolidation or similar transaction (collectivelyeach referred to for the purposes of this definition as an "Asset Disposition"), a "disposition") any Capital Stock of any Person that owns, directly or indirectly, all or a significant portion of the Tubular Business, unlessof:

Appears in 1 contract

Samples: Credit Agreement (Contifinancial Corp)

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