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 their respective Subsidiaries or permit any such Subsidiary to issue any additional shares of its capital stock, except directors' qualifying shares.

Appears in 5 contracts

Samples: Credit Agreement (Transact Technologies Inc), Credit Agreement (Tridex Corp), Credit Agreement (Transact Technologies Inc)

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Stock of Subsidiaries, Etc. Sell or otherwise dispose of any shares of capital stock of any of their respective Subsidiaries its Subsidiaries, except in connection with a transaction permitted under Section 10.10, 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 and Guaranty (Biscayne Apparel Inc /Fl/)

Stock of Subsidiaries, Etc. Sell or otherwise dispose of any shares of capital stock of any of their respective Subsidiaries 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 their respective Subsidiaries its Subsidiaries, except in connection with a transaction permitted under Section 11(b) herein or for fair value, or permit any such Subsidiary to issue any additional shares of its capital stock, except directors' qualifying sharesshares or for fair value.

Appears in 1 contract

Samples: Guaranty (Standard Management Corp)

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Stock of Subsidiaries, Etc. (a) Sell or otherwise dispose of any shares of capital stock of any of their respective Subsidiaries its Subsidiaries, or (b) permit any such Subsidiary to issue any additional shares of its capital stock, except directors' qualifying shares.

Appears in 1 contract

Samples: Loan Agreement (Transmation Inc)

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