Common use of Maintenance of Subsidiaries Clause in Contracts

Maintenance of Subsidiaries. The Company will not assign, sell or transfer, or permit any Subsidiary to issue, assign, sell or transfer, any shares of capital stock of a Subsidiary other than to the Company or another Wholly-owned Subsidiary, provided that this Section shall not apply to nor operate to prevent:

Maintenance of Subsidiaries. The Company will shall not assign, sell or transfer, or permit any Subsidiary to issue, assign, sell or transfer, any shares of capital stock of a Subsidiary other than except to another Subsidiary or to the Company or another Wholly-owned Subsidiary, Company; provided that this Section the foregoing shall not apply to nor operate to prevent:prevent the issuance, sale and transfer to any person of any shares of capital stock of a Subsidiary solely for the purpose of qualifying, and to the extent legally necessary to qualify, such person as a director of such Subsidiary.

Maintenance of Subsidiaries. The Company will not assign, sell or transfer, or permit any Subsidiary to issue, assign, sell or transfer, any shares of capital stock of a Subsidiary other than to the Company or another Wholly-owned Subsidiary, provided that this Section the foregoing shall not apply to nor operate to prevent:prevent the issuance, sale and transfer to any person of any shares of capital stock of a Subsidiary solely for the purpose of qualifying, and to the extent legally necessary to qualify, such person as a director of such Subsidiary.

Maintenance of Subsidiaries. The Company will shall not assign, sell or transfer, or permit any Subsidiary to issue, assign, sell or transfer, any shares of capital stock of a Subsidiary other than provided that the foregoing shall not operate to prevent the issuance, sale and transfer to any person of any shares of capital stock of a Subsidiary solely for the purpose of qualifying, and to the Company or another Wholly-owned extent legally necessary to qualify, such person as a director of such Subsidiary, provided that this Section shall not apply to nor operate to prevent:.

Maintenance of Subsidiaries. The Company will shall not assign, sell or transfer, or permit any Subsidiary to issue, assign, sell or transfer, any shares of capital stock of a Subsidiary other than to the Company or another Wholly-owned Subsidiary, ; provided that this Section the foregoing shall not apply to nor operate to prevent:

Maintenance of Subsidiaries. The Company will not assign, sell or transfer, transfer (except to a Wholly Owned Subsidiary) or permit any Subsidiary to issue, assign, sell or transfer, any shares of capital stock of a Subsidiary other than transfer (except to the Company or another Wholly-owned to a Wholly Owned Subsidiary) any shares of stock (other than directors' qualifying shares) or evidences of indebtedness of a Subsidiary, provided that this Section shall not apply to nor operate to preventunless: