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Common use of Stock of Borrower Clause in Contracts

Stock of Borrower. More than 51% of the outstanding Common Voting Shares, par value $.01, of the Borrower are owned legally, beneficially and of record by the Trust or the beneficiaries thereof.

Appears in 8 contracts

Sources: Credit Facility Agreement (Scripps E W Co /De), 5 Year Competitive Advance and Revolving Credit Facility Agreement (Scripps E W Co /De), 364 Day Competitive Advance and Revolving Credit Facility Agreement (Scripps E W Co /De)

Related Clauses

  • Stock of Subsidiaries
  • Capital Stock of Subsidiaries
  • Capital Stock of Sub
  • Capital Stock of the Company
  • Replacement of Borrower

Parent Clauses

  • Borrower’s Representations and Warranties
  • REPRESENTATIONS AND WARRANTIES
  • NEGATIVE COVENANTS
  • MISCELLANEOUS
  • Copy of Documents and Consent to Filings

Sub-Clauses

  • List of Events of Default
  • Cure Period
  • Advances
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