Increases in capital. None of the Borrowers shall permit an increase of its capital by way of the issuance of any class or series of Equity Interests or create any new class of Equity Interests that is not subject to a Security Interest to secure the Secured Liabilities.
Increases in capital. None of the Guarantors will increase its capital by way of the issuance of any class or series of preferred securities or common or ordinary securities, or otherwise howsoever, or create any new class of equity, that is not subject to a Security Interest to secure the Secured Liabilities.
Increases in capital. Each of the Shareholders shall exercise its voting rights for the time being in the Company and take such steps as for the time being lie within its powers to procure that (save for the shares to be subscribed for pursuant to the provisions of this Agreement) the issue of any unissued shares or of any new shares from time to time created in the capital of the Company shall before issuance be offered for subscription in the first instance to such persons as at the date of the offer are registered as shareholders of the Company in proportion as nearly as practicable to their respective Shareholding Percentages.
Increases in capital. None of the Security Parties (other than the Parent Guarantor) shall increase its capital by way of the issuance of any class or series of Equity Interests or create any new class of Equity Interests that is not subject to a Security Interest to secure the Secured Liabilities.
Increases in capital. No Borrower shall permit an increase of its capital by way of the issuance of any class or series of Equity Interests or create any new class of Equity Interests that is not subject to a Security Interest to secure the Secured Liabilities.
Increases in capital. Neither Borrower shall permit an increase in its capital by way of issuance of any class or series of Equity Interests or create any new class of Equity Interests that is not subject to the existing Stock Pledge Agreement;
Increases in capital. None of Holdings or any other Obligor shall permit an increase of its capital by way of the issuance of any class or series of Equity Interests or create any new class of Equity Interests that is not subject to a Security Interest to secure the Secured Liabilities.
Increases in capital. If an increase in Codusa capital is approved, the Trustee shall subscribe for, and pay, the shares to which the Trustee has the right to subscribe by virtue of the Contributed Shares that form part of the Trust Estate, provided the Settlors (accordingly) deliver the amounts necessary for payment of said shares to the Trustee at least two (2) Business Days prior to the date on what said payment is to be made, with the understanding that all said subscribed and paid shares shall be retained by the Trustee as part of the Trust Estate for the benefit of the Settlors (accordingly), and all references to Contributed Shares in this Trust Agreement shall be understood to include these shares.
Increases in capital. Subject always to Clause 4.9, where the Significant Shareholders unanimously approve any increase in the share capital or the issue or grant of any option over unissued share capital or the issue of any shares or any new class of shares in the capital or the any convertible securities, each of the Shareholders shall exercise its voting rights for the time being in the Company and take such steps as for the time being lie within its powers to procure that the issue of any unissued shares or of any new Shares from time to time created shall, before issuance, be offered for subscription in the first instance to such persons as at the date of the offer are registered as members of the Company in proportion as nearly as practicable to their respective Shareholding Percentages.
Increases in capital. (a) The capital of Interativa may be increased from time to time as authorized by the Interativa Board in order to fund anticipated cash needs of Interativa. The Shareholders shall have preemptive rights in respect of all such increases in capital in proportion to their Ownership Percentages in Interativa as set forth in Section 2.6 hereof. Each Shareholder shall vote its Shares in favor of such increase in capital in order to implement the vote of the Interativa Board taken in accordance with Section 5.5 hereof.
