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Common use of Limitation on Issuances and Sales of Preferred Stock of Restricted Subsidiaries Clause in Contracts

Limitation on Issuances and Sales of Preferred Stock of Restricted Subsidiaries. The Company shall not permit any Restricted Subsidiary to issue any Preferred Stock.

Appears in 3 contracts

Sources: Indenture (Burke Industries Inc /Ca/), Indenture (Burke Flooring Products Inc), Indenture (Burke Industries Inc /Ca/)

Related Clauses

  • Limitation on Preferred Stock of Restricted Subsidiaries
  • Limitation on Incurrence of Indebtedness and Issuance of Disqualified Stock and Preferred Stock
  • Availability of Shares of Preferred Stock
  • Reservation and Availability of Shares of Preferred Stock
  • Limitation on Incurrence of Indebtedness and Issuance of Preferred Stock

Parent Clauses

  • Covenants
  • Final Agreement
  • NEGATIVE COVENANTS
  • Taxes Yield Protection and Illegality
  • Location of Business and Offices

Sub-Clauses

  • Language of Notices, Etc
  • Trust Indenture Act Controls
  • Successor Substituted
  • Force Majeure
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