Preferred Stock of Restricted Subsidiaries. The Company will not permit any of its Restricted Subsidiaries that are not Guarantors to issue any Preferred Stock (other than to the Company or to a Wholly Owned Restricted Subsidiary of the Company) or permit any Person (other than the Company or a Wholly Owned Restricted Subsidiary of the Company) to own any Preferred Stock of any Restricted Subsidiary of the Company that is not a Guarantor.
Appears in 4 contracts
Samples: Supplemental Indenture (Carriage Services Inc), Indenture (Ritchie Bros Auctioneers Inc), Indenture (Carriage Services Inc)