Common use of Equity Issuance Clause in Contracts

Equity Issuance. The Borrower shall not, nor shall it permit any of its Subsidiaries to, issue any preferred, convertible equity securities or other Equity Interests other than common Equity Interests of the Borrower.

Appears in 8 contracts

Samples: Credit Agreement (Resaca Exploitation, Inc.), Credit Agreement (Resaca Exploitation, Inc.), Credit Agreement (Resaca Exploitation, Inc.)

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Equity Issuance. The Borrower shall not, nor shall it permit any of its Subsidiaries to, issue any preferred, convertible equity securities or other Equity Interests other than preferred Equity Interests which require no payments, conversions or other redemptions other than payments made in the form of additional Equity Interests permitted under this Section 6.19 or common Equity Interests of the Borrower and common Equity Interests of the Subsidiaries issued to the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Steel Excel Inc.)

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Equity Issuance. The Borrower shall not, nor shall it permit any of its Subsidiaries the Guarantors to, issue any preferred, convertible equity securities or other Equity Interests other than common Equity Interests of the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Delta Petroleum Corp/Co)

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