Subsidiary Securities. The Holder will not cause or otherwise permit the Company to (a) Transfer any securities of any of the Company’s subsidiaries (whether now in existence or hereafter created) or (b) authorize or issue any new, substitute or additional securities to any Person other than the Company. Any attempted transfer or issuance of any securities of a subsidiary of the Company in violation of this Agreement will be null and void ab initio.
Appears in 3 contracts
Sources: Administrative Resources Agreement (Park Dental Partners, Inc.), Administrative Resources Agreement (Park Dental Partners, Inc.), Administrative Resources Agreement (Park Dental Partners, Inc.)