Common use of Ownership of the Principal Subsidiaries Clause in Contracts

Ownership of the Principal Subsidiaries. Sell, assign, pledge, or otherwise transfer or dispose of any shares of common stock, voting stock, or stock convertible into voting or common stock of any Principal Subsidiary, except (a) to another Subsidiary, (b) in connection with an Asset Exchange, (c) pursuant to clauses (m) and (o) of Section 7.1 (to the extent an equal and ratable pledge is required under any Existing Credit Agreement as a result of any such pledge pursuant to clause (m) of Section 7.1), or (d) pursuant to any Collateral Document; provided, however, that the Borrower may pledge any shares of common stock, voting stock, or stock convertible into voting or common stock of any Principal Subsidiary so long as such pledge equally and ratably secures the Obligations pursuant to documentation in form and substance reasonably satisfactory to the Administrative Agent.

Ownership of the Principal Subsidiaries. Sell, assign, pledge, or otherwise transfer or dispose of any shares of common stock, voting stock, or stock convertible into voting or common stock of any Principal Subsidiary, except (a) to another Subsidiary, (b) in connection with an Asset Exchange, (c) pursuant to clauses (mSection 6.01(m) and (oSection 6.01(o) of Section 7.1 (to the extent an equal and ratable pledge is required under any Existing Credit Agreement as a result of any such pledge pursuant to clause (m) of Section 7.16.01(m)), or (d) pursuant to any Collateral Document; provided, however, provided that the Borrower may pledge any shares of common stock, voting stock, or stock convertible into voting or common stock of any Principal Subsidiary so long as such pledge equally and ratably secures the Obligations pursuant to documentation in form and substance reasonably satisfactory to the Administrative Agent.