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

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