Common use of Stock of Subsidiaries, Etc Clause in Contracts

Stock of Subsidiaries, Etc. Sell or otherwise dispose of any shares of capital stock of any of its Subsidiaries, except in connection with a transaction permitted under Section 7.10, or permit any such Subsidiary to issue any additional shares of its capital stock, except directors' qualifying shares.

Appears in 2 contracts

Samples: Credit Agreement (Amscan Holdings Inc), Credit Agreement (Farrel Corp)

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Stock of Subsidiaries, Etc. Sell or otherwise dispose of any shares of capital stock of any of its Subsidiaries, except in connection with a transaction permitted under Section 7.109.10, or permit any such Subsidiary to issue any additional shares of its capital stock, except (a) directors' qualifying shares, and (b) shares of its capital stock issued to the Company or another Subsidiary.

Appears in 2 contracts

Samples: Credit Agreement (Houston Exploration Co), Credit Agreement (Houston Exploration Co)

Stock of Subsidiaries, Etc. Sell or otherwise dispose of any shares of capital stock of any of its Subsidiaries, except in connection with a transaction permitted under Section 7.10, Subsidiaries or permit any such Subsidiary to issue any additional shares of its capital stock, except directors' qualifying shares.

Appears in 2 contracts

Samples: Credit Agreement (Transact Technologies Inc), Security Agreement (Allied Devices Corp)

Stock of Subsidiaries, Etc. Sell or otherwise dispose of any shares of capital stock of any of its Subsidiaries, except in connection with a transaction permitted under Section 7.108.10, or permit any such Subsidiary to issue any additional shares of its capital stock, except directors' qualifying shares.

Appears in 2 contracts

Samples: Credit Agreement (Conmed Corp), Credit Agreement (Conmed Corp)

Stock of Subsidiaries, Etc. Sell or otherwise dispose of any shares of capital stock of any Subsidiary of its Subsidiariesthe Borrower, except in connection with a transaction permitted under Section 7.108.10, or permit any such Subsidiary to issue any additional shares of its capital stock, except directors' qualifying shares.

Appears in 2 contracts

Samples: Credit Agreement (Daka International Inc), Credit Agreement (Daka International Inc)

Stock of Subsidiaries, Etc. Sell or otherwise dispose of any shares of capital stock of any of its Subsidiaries, except in connection with a transaction permitted under Section 7.10, Subsidiaries or permit any such Subsidiary to issue any additional shares of its capital stock, except directors' directors qualifying shares.

Appears in 1 contract

Samples: Term Loan Agreement (Ivc Industries Inc)

Stock of Subsidiaries, Etc. Sell or otherwise dispose of any --------------------- shares of capital stock of any of its Subsidiaries, except in connection with a transaction permitted under Section 7.10(S) 7.03, or permit any such Subsidiary to issue any additional shares share of its capital stock, except (a) directors' qualifying shares, and (b) the issuance of shares by any Subsidiary to the Borrower or to the Subsidiary Guarantor.

Appears in 1 contract

Samples: Credit Agreement (Act Manufacturing Inc)

Stock of Subsidiaries, Etc. Sell or otherwise dispose of any shares of capital stock of any of its Subsidiaries, except in connection with a transaction permitted under Section 7.10Material Subsidiary, or permit any such Material Subsidiary to issue any additional shares of its capital stock, except directors' qualifying shares.

Appears in 1 contract

Samples: Credit Agreement (Cannondale Corp /)

Stock of Subsidiaries, Etc. Sell or otherwise dispose of any shares of capital stock of any of its Significant Subsidiaries, except in connection with a transaction permitted under Section 7.10, or permit any such Subsidiary to issue any additional shares of its capital stock, except directors' qualifying shares.

Appears in 1 contract

Samples: Credit Agreement (Seneca Foods Corp /Ny/)

Stock of Subsidiaries, Etc. Sell or otherwise dispose of any shares of capital stock of any of its Subsidiaries, except in connection with a transaction permitted under Section 7.10Material Subsidiary, or permit any such Material Subsidiary to issue any additional shares of its capital stock, except directors' qualifying shares.

Appears in 1 contract

Samples: Credit Agreement (Cannondale Corp /)

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Stock of Subsidiaries, Etc. Sell Except as permitted by Section 8.07 or Section 8.10, sell or otherwise dispose of any shares of capital stock of any of its Subsidiaries, except in connection with a transaction permitted under Section 7.10, or permit any such Subsidiary to issue any additional shares of its capital stock, except directors' qualifying shares.

Appears in 1 contract

Samples: Credit Agreement (Multicare Companies Inc)

Stock of Subsidiaries, Etc. Sell or otherwise dispose of any shares of capital stock of any of its Subsidiaries, except in connection with a transaction permitted under Section 7.109.10, or permit any such Subsidiary to issue any additional shares of its capital stock, except (a) directors' ’ qualifying shares, and (b) shares of its capital stock issued to the Company or another Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Houston Exploration Co)

Stock of Subsidiaries, Etc. Sell or otherwise dispose of any shares of capital stock of any of its Subsidiaries, except in connection with a transaction permitted under Section 7.10, Subsidiaries or permit any such Subsidiary to issue any additional shares of its capital stock, except directors' qualifying shares, or form any Subsidiaries, unless such Subsidiary enters into a guarantee of the Loans on terms acceptable to the Bank and enters into a security agreement acceptable to the Bank, and provides a fair value balance sheet of such Subsidiary to the Bank.

Appears in 1 contract

Samples: Credit Agreement (First Aviation Services Inc)

Stock of Subsidiaries, Etc. Sell or otherwise dispose of any shares of capital stock of any of its SubsidiariesSubsidiary, except in connection with a transaction permitted under Section 7.10ss. 7.03, or permit any such Subsidiary to issue any additional shares share of its capital stock, except (a) directors' qualifying shares, and (b) the issuance of shares by any Subsidiary to any Borrower or to the Subsidiary Guarantor.

Appears in 1 contract

Samples: Credit Agreement (Act Manufacturing Inc)

Stock of Subsidiaries, Etc. Sell or otherwise dispose of any shares of capital stock of any of its SubsidiariesSubsidiaries (other than to the Borrower or another Subsidiary as permitted hereunder), except in connection with a transaction permitted under Section Sections 7.6, 7.7 or 7.10, or permit any such Subsidiary to issue any additional shares of its capital stock, except directors' qualifying shares.. 56

Appears in 1 contract

Samples: Credit Agreement (Nfo Worldwide Inc)

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