Additional Capital Stock Sample Clauses
The 'Additional Capital Stock' clause defines the terms under which a company may issue new shares or other equity interests beyond those already outstanding. Typically, this clause outlines the procedures for authorizing additional stock, the rights of existing shareholders regarding such issuances, and any limitations or conditions that apply, such as preemptive rights or board approval requirements. Its core function is to provide a clear framework for expanding the company's capital base while protecting the interests of current shareholders and ensuring transparency in the process.
Additional Capital Stock. (i) All of the Capital Stock of any Pledged Domestic Material Subsidiary and, subject to the percentage restrictions described in subsection (a) above, all of the Capital Stock of any Pledged Foreign Subsidiary hereafter acquired, received or owned by the Pledgor (whether in connection with any recapitalization, reclassification or reorganization of the capital of a Pledged Subsidiary or otherwise); and (ii) subject to the percentage restrictions described in subsection (a) above, all of the Capital Stock hereafter acquired, received or owned by the Pledgor of any Person who, after the date hereof, becomes, as a result of any occurrence, a Pledged Subsidiary;
Additional Capital Stock. Immediately upon its acquisition, receipt or ownership, directly or indirectly, of any Pledged Capital Stock hereafter, pledge such Capital Stock pursuant to Section 3(b) and deliver or otherwise cause the transfer of all certificates, instruments or other writings representing, or evidencing such Pledged Capital Stock to the Administrative Agent pursuant to Sections 3(a) or (b), as applicable.
Additional Capital Stock. Pledgor will not permit any Corporation to issue additional capital stock or any Options, warrants, or other rights to acquire such capital stock without the prior written consent of Agent.
Additional Capital Stock. Each Grantor that is required to pledge certificated Capital Stock of its Subsidiaries shall execute and deliver a Supplement in the form of Annex I hereto, if such certificated Capital Stock was not previously pledged.
Additional Capital Stock. Upon the acquisition by Parent of any capital stock (or other equity interest, in the case of Person that is not a corporation) in any New Venture Entity, deliver the certificates evidencing such capital stock (or other equity interest) to the Administrative Agent in pledge pursuant to a pledge agreement substantially identical to the Pledge Agreements, subject to any required approval of a Gaming Board (which Parent agrees to use its best efforts to obtain).
Additional Capital Stock. In order to preserve for Nexstar the ability for Nexstar to acquire under this Agreement all of the Capital Stock that is outstanding from time to time, neither S▇▇▇▇ nor T▇▇▇▇▇▇▇ shall transfer any Capital Stock held by them to any person or entity that does not become a party to this Agreement with the same obligations as the transferor with respect to such Capital Stock, and the Company will not issue any Capital Stock to any Person that does not become a party to this Agreement with the same obligations as to such Capital Stock as S▇▇▇▇ and T▇▇▇▇▇▇▇ have with respect to the Capital Stock held by them; provided that this Section 5 shall not prohibit any pledge or transfer described in Section 3.1.5 of the Shareholders Agreement dated as of the date of this Agreement among Mission, S▇▇▇▇ and T▇▇▇▇▇▇▇.
Additional Capital Stock. The terms and provisions of this Agreement shall apply to any shares of capital stock which may subsequently be issued to Grantee in exchange for or in addition to the Shares as a result of any recapitalization, stock dividend, stock split, reclassification, merger, consolidation or similar corporate transaction. All Share numbers herein shall be appropriately adjusted to account for any of the foregoing.