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

Limitation on Preferred Stock of Restricted Subsidiaries. The Company will not permit any Restricted Subsidiary to issue any Preferred Stock (except to the Company or to a Restricted Subsidiary) or permit any Person (other than the Company or a Restricted Subsidiary) to hold any such Preferred Stock unless the Company or such Restricted Subsidiary would be entitled to incur or assume Indebtedness in compliance with Section 4.06 in an aggregate principal amount equal to the aggregate liquidation value of the Preferred Stock to be issued.

Limitation on Preferred Stock of Restricted Subsidiaries. The Company will not permit any of its Restricted Subsidiary Subsidiaries to issue any Preferred Stock (except Preferred Stock issued to the Company or to a Restricted SubsidiarySubsidiary of the Company) or permit any Person (other than the Company or a Restricted SubsidiarySubsidiary of the Company) to hold any such Preferred Stock unless the Company or such Restricted Subsidiary would be entitled to incur or assume Indebtedness in compliance with under Section 4.06 (other than Permitted Indebtedness) in an the aggregate principal amount equal to the aggregate liquidation value of the Preferred Stock to be issued.

Limitation on Preferred Stock of Restricted Subsidiaries. The Company will shall not permit any of its Restricted Subsidiary Subsidiaries to issue any Preferred Stock (except Preferred Stock issued to the Company or to a Restricted SubsidiarySubsidiary of the Company) or permit any Person (other than the Company or a Restricted SubsidiarySubsidiary of the Company) to hold any such Preferred Stock unless the Company or such Restricted Subsidiary would be entitled to incur or assume Indebtedness (other than Permitted Indebtedness) in compliance with Section 4.06 4.10(a) in an the aggregate principal amount equal to the aggregate liquidation value of the Preferred Stock to be issued.

Limitation on Preferred Stock of Restricted Subsidiaries. The Company will not permit any of its Restricted Subsidiary Subsidiaries to issue any Preferred Stock (except other than to the Company or to a Restricted Subsidiary) or permit any Person (other than the Company or a Restricted Subsidiary) to hold any such Preferred Stock unless the Company or such Restricted Subsidiary would be entitled to incur or assume Indebtedness in compliance with under Section 4.06 above in an aggregate principal amount equal to the aggregate liquidation value of the Preferred Stock to be issued.

Limitation on Preferred Stock of Restricted Subsidiaries. The Company will shall not permit any of its Restricted Subsidiary Subsidiaries to issue any Preferred Stock (except Preferred Stock issued to the Company or to a Restricted SubsidiarySubsidiary of the Company) or permit any Person (other than the Company or a Restricted SubsidiarySubsidiary of the Company) to hold any such Preferred Stock unless the Company or such Restricted Subsidiary would be entitled to incur or assume Indebtedness in compliance with under Section 4.06 4.10 (other than Permitted Indebtedness) in an aggregate principal amount equal to the aggregate liquidation value of the Preferred Stock to be issued.

Limitation on Preferred Stock of Restricted Subsidiaries. The Company will not permit any of its Restricted Subsidiary Subsidiaries to issue any Preferred Stock (except other than to the Company or to a Wholly-Owned Subsidiary), other than Permitted Foreign Restricted Subsidiary) Subsidiary Preferred Stock, or permit any Person (other than the Company or a Restricted Wholly-Owned Subsidiary) to hold any such Preferred Stock unless the Company or such Restricted Subsidiary would be entitled to incur or assume Indebtedness described in compliance with Section 4.06 4.3 in an the aggregate principal amount equal to the aggregate liquidation value of the Preferred Stock to be issuedissued or so held.

Limitation on Preferred Stock of Restricted Subsidiaries. The Company will shall not permit any of its Restricted Subsidiary Subsidiaries to issue any Preferred Stock (except Preferred Stock issued to the Company or to a Restricted SubsidiaryWholly Owned Subsidiary of the Company) or permit any Person (other than the Company or a Restricted SubsidiaryWholly Owned Subsidiary of the Company) to hold any such Preferred Stock unless the Company or such Restricted Subsidiary would be entitled to incur or assume Indebtedness under Section 4.10 (other than Permitted Indebtedness) in compliance with Section 4.06 in an the aggregate principal amount equal to the aggregate liquidation value as of the date of issuance thereof of the Preferred Stock to be issued.

Limitation on Preferred Stock of Restricted Subsidiaries. The Company will shall not permit any Restricted Subsidiary that is not a Guarantor to issue any Preferred Stock (except Preferred Stock issued to the Company or to a Restricted Subsidiary) or permit any Person (other than the Company or a Restricted Subsidiary) to hold any such Preferred Stock unless the Company or such Restricted Subsidiary would be entitled to incur or assume Indebtedness in compliance with under Section 4.06 4.10 (other than Permitted Indebtedness) in an aggregate principal amount equal to the aggregate liquidation value of the Preferred Stock to be issued.

Limitation on Preferred Stock of Restricted Subsidiaries. The Company will not permit any of its Restricted Subsidiary Subsidiaries that are not Guarantors to issue any Preferred Stock (except Preferred Stock issued to the Company or to a Wholly Owned Restricted SubsidiarySubsidiary of the Company) or permit any Person (other than the Company or a Wholly Owned Restricted SubsidiarySubsidiary of the Company) to hold any such Preferred Stock unless the Company or such Restricted Subsidiary would be entitled to incur or assume Indebtedness under Section 4.10 (other than Permitted Indebtedness) in compliance with Section 4.06 in an the aggregate principal amount equal to the aggregate liquidation value as of the date of issuance thereof of the Preferred Stock to be issued.

Limitation on Preferred Stock of Restricted Subsidiaries. The Company will not permit any of its Restricted Subsidiary Subsidiaries to issue any Preferred Stock (except other than to the Company or to a Wholly-Owned Subsidiary), other than Permitted Foreign Restricted Subsidiary) Subsidiary Preferred Stock, or permit any Person (other than the Company or a Restricted Wholly-Owned Subsidiary) to hold any such Preferred Stock unless the Company or such Restricted Subsidiary would be entitled to incur or assume Indebtedness under Section 4.3 in compliance with Section 4.06 in an the aggregate principal amount equal to the aggregate liquidation value of the Preferred Stock to be issuedissued or so held.

Limitation on Preferred Stock of Restricted Subsidiaries. The Company will not permit any Restricted Subsidiary of the Company to issue any Preferred Stock (except Preferred Stock to the Company or to a Restricted Subsidiary) or permit any Person (other than the Company or a Restricted Subsidiary) to hold any such Preferred Stock unless the Company or such Restricted Subsidiary would be entitled to incur or assume Indebtedness under Section 4.03 in compliance with Section 4.06 in an the aggregate principal amount equal to the aggregate liquidation value of the Preferred Stock to be issued.

Limitation on Preferred Stock of Restricted Subsidiaries. The Company will shall not permit any of its Restricted Subsidiary Subsidiaries to issue any Preferred Stock (except Preferred Stock issued to the Company or to a Restricted SubsidiaryWholly-Owned Subsidiary of the -56- Company) or permit any Person (other than the Company or a Restricted SubsidiaryWholly-Owned Subsidiary of the Company) to hold any such Preferred Stock unless the Company or such Restricted Subsidiary would be entitled to incur or assume Indebtedness in compliance with under Section 4.06 (other than Permitted Indebtedness) in an the aggregate principal amount equal to the aggregate liquidation value of the Preferred Stock to be issued.

Limitation on Preferred Stock of Restricted Subsidiaries. The Company will shall not permit any Restricted Subsidiary to issue any Preferred Stock (except Preferred Stock to the Company or to a Restricted Subsidiary) or or, other than with respect to an acquired Guarantor, permit any Person (other than the Company or a Restricted Subsidiary) to hold any such Preferred Stock unless the Company or such Restricted Subsidiary would be entitled to incur or assume Indebtedness in compliance with under paragraph (i) of Section 4.06 hereof in an aggregate principal amount equal to the aggregate liquidation value of the Preferred Stock to be issued.