Common use of Disqualified Equity Interests Clause in Contracts

Disqualified Equity Interests. (a) None of Parent or any of its Subsidiaries will issue any Disqualified Capital Stock unless the obligations in respect of such Disqualified Capital Stock would have been permitted to be incurred as Indebtedness pursuant to clause (f) or (l) of Section 7.2.2.

Appears in 3 contracts

Samples: Credit Agreement (Mitel Networks Corp), Credit Agreement (Mitel Networks Corp), Credit Agreement (Mitel Networks Corp)

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Disqualified Equity Interests. (a) None of Neither the Parent or nor any of its Subsidiaries will issue any Disqualified Capital Stock unless the obligations in respect of such Disqualified Capital Stock would have been permitted to be incurred as Indebtedness pursuant to clause (f) or (l) of Section 7.2.2.

Appears in 1 contract

Samples: Credit Agreement (Mitel Networks Corp)

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