Common use of Sovran Treasury Stock Clause in Contracts

Sovran Treasury Stock. Sovran capital stock repurchased and held by Sovran as treasury stock. subsidiary. Any entity required to be consolidated with its direct or indirect parent in accordance with GAAP.

Appears in 2 contracts

Sources: Revolving Credit and Term Loan Agreement (Sovran Self Storage Inc), Revolving Credit and Term Loan Agreement (Sovran Self Storage Inc)