Common use of Disqualified Stock Clause in Contracts

Disqualified Stock. The Borrower will not, nor will it permit any of its Restricted Subsidiaries to, issue any Disqualified Stock.

Appears in 14 contracts

Samples: Credit Agreement (Clayton Williams Energy Inc /De), Credit Agreement (Range Resources Corp), Credit Agreement (Clayton Williams Energy Inc /De)

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Disqualified Stock. The No Borrower will notwill, nor will it any Borrower permit any of its Restricted Subsidiaries to, issue any Disqualified Stock.

Appears in 2 contracts

Samples: Assignment Agreement (Clayton Williams Energy Inc /De), Assignment Agreement (Clayton Williams Energy Inc /De)

Disqualified Stock. The Borrower will not, nor will it permit any of its Restricted Subsidiaries or any Sponsored Partnership to, issue any Disqualified Stock.

Appears in 2 contracts

Samples: Credit Agreement (Petroleum Development Corp), Counterpart Agreement (Petroleum Development Corp)

Disqualified Stock. The Borrower will not, nor will it permit any of its Restricted Subsidiaries to, issue any Disqualified Stock.

Appears in 2 contracts

Samples: Credit Agreement (Lilis Energy, Inc.), Credit Agreement (Gastar Exploration Inc.)

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Disqualified Stock. The Borrower will not, nor will it permit any of its Restricted Subsidiaries Subsidiary to, issue any preferred stock or other preferred Equity Interests which would be Disqualified Stock.

Appears in 1 contract

Samples: Credit Agreement (Iowa Telecommunications Services Inc)

Disqualified Stock. The Borrower will not, nor will it permit any of its Restricted Subsidiaries Subsidiary to, issue any Disqualified Stock.

Appears in 1 contract

Samples: Credit Agreement (Quest Resource Corp)

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