Common use of Incurrence of Indebtedness and Issuance of Preferred Stock Clause in Contracts

Incurrence of Indebtedness and Issuance of Preferred Stock. (a) The Company shall not, and shall not permit any of its Restricted Subsidiaries to, directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise, with respect to (collectively, “incur”) any Indebtedness (including Acquired Debt), and the Company shall not issue any Disqualified Stock, other than Permitted Debt.

Appears in 2 contracts

Samples: Ulc Financing Agreements (Cit Group Inc), Guaranty Agreement (Cit Group Inc)

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Incurrence of Indebtedness and Issuance of Preferred Stock. (a) The Company shall will not, and shall will not cause or permit any of its Restricted Subsidiaries to, directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise, with respect to (collectively, “incur”) any Indebtedness (including Acquired Debt), and the Company shall will not issue any Disqualified Stock and will not permit any of its Restricted Subsidiaries to issue any shares of Preferred Stock; provided, other than Permitted Debt.however:

Appears in 2 contracts

Samples: Additional Intercreditor Agreement, Additional Intercreditor Agreement

Incurrence of Indebtedness and Issuance of Preferred Stock. (a) The Company shall will not, and shall will not permit any of its Restricted Subsidiaries Subsidiary to, directly or indirectly, create, incur, issue, assume, guarantee Guarantee or otherwise become directly or indirectly liable, contingently or otherwise, with respect to (collectively, “incur”) any Indebtedness (including Acquired Debt), and the Company shall will not issue any Disqualified Stock and the Company will not, and will not permit any Restricted Subsidiary to issue any Preferred Stock, other than Permitted Debt.

Appears in 2 contracts

Samples: Indenture (Eclipse Resources Corp), Indenture (Eclipse Resources Corp)

Incurrence of Indebtedness and Issuance of Preferred Stock. (a) The Company shall not, and shall not permit any of its Restricted Subsidiaries Subsidiary to, directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise, with respect to (collectively, “incur”) any Indebtedness (including Acquired Debt), and the Company shall will not issue any Disqualified Stock and will not permit any Restricted Subsidiary to issue any Disqualified Stock or Preferred Stock, other than Permitted Debt.

Appears in 2 contracts

Samples: Indenture (Geo Group Inc), Indenture (Geo Group Inc)

Incurrence of Indebtedness and Issuance of Preferred Stock. (a) The Company shall Borrower will not, and shall will not permit any of its Restricted Subsidiaries to, directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise, with respect to (collectively, “incur”) any Indebtedness (including Acquired Debt)Indebtedness, and the Company shall Borrower will not issue any Disqualified Stock, other than Permitted DebtStock and will not permit any of its Subsidiaries to issue any shares of preferred stock.

Appears in 2 contracts

Samples: Restructuring Support Agreement (Pyxus International, Inc.), Credit Agreement (Pyxus International, Inc.)

Incurrence of Indebtedness and Issuance of Preferred Stock. (a) The Company shall will not, and shall will not permit any of its Restricted Subsidiaries to, directly or indirectly, create, incur, issue, assume, guarantee Guarantee or otherwise become directly or indirectly liable, contingently or otherwise, with respect to (collectively, “incur”) any Indebtedness (including Acquired Debt), and the Company shall will not issue any Disqualified Stock, other than Permitted DebtStock and will not permit any of its Subsidiaries to issue any shares of preferred stock.

Appears in 1 contract

Samples: Note Purchase Agreement (Ign Entertainment Inc)

Incurrence of Indebtedness and Issuance of Preferred Stock. (a) The Company Borrower shall not, and shall not permit any of its Restricted Subsidiaries to, directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise, with respect to (collectively, “incur”) any Indebtedness (including Acquired Debt)Indebtedness, and the Company Borrower shall not issue any Disqualified Stock, other than Permitted DebtStock and shall not permit any of its Restricted Subsidiaries to issue any shares of preferred stock.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Allegiant Travel CO)

Incurrence of Indebtedness and Issuance of Preferred Stock. (a) The Company shall will not, and shall will not permit any of its Restricted Subsidiaries to, directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise, with respect to (collectively, "incur") any Indebtedness (including Acquired Debt), and the Company shall will not issue any Disqualified StockStock and will not permit any of its Subsidiaries to issue any shares of preferred stock, other than Permitted Debtexcept as set forth in Section 4.09(b).

Appears in 1 contract

Samples: Indenture (Clearwave N V)

Incurrence of Indebtedness and Issuance of Preferred Stock. (a) The Company shall will not, and shall will not permit any of its Restricted Subsidiaries to, directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise, with respect to (collectively, “incur”) any Indebtedness (including Acquired Debt)Indebtedness, and the Company shall will not issue any Disqualified Stock, other than Permitted DebtStock and will not permit any of its Restricted Subsidiaries to issue any shares of preferred stock.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Global Brokerage, Inc.)

Incurrence of Indebtedness and Issuance of Preferred Stock. (a) The Company shall not, and shall not permit any of its Restricted Subsidiaries to, directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise, with respect to (collectively, “incur”) any Indebtedness (including Acquired Debt), and the Company shall not issue any Disqualified Stock, Stock and shall not permit any of its Subsidiaries to issue any shares of stock or other equity interests (other than Permitted Debtcommon stock or other common equity interests).

Appears in 1 contract

Samples: Indenture (Global Crossing Airlines Group Inc.)

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Incurrence of Indebtedness and Issuance of Preferred Stock. (a) The Company shall not, and shall not permit any of its Restricted Subsidiaries to, directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise, with respect to (collectively, “incur”) incur any Indebtedness (including Acquired Debt), and the Company shall not permit any of its Restricted Subsidiaries to issue any Disqualified Stockpreferred stock; provided, other however, that the Company or any Subsidiary Guarantor may incur Indebtedness, if the Company's Consolidated Leverage Ratio at the time of incurrence of such Indebtedness is less than Permitted Debt5.0 to 1.0.

Appears in 1 contract

Samples: Execution (Venture Holdings, Inc.)

Incurrence of Indebtedness and Issuance of Preferred Stock. (a) The Company shall not, and shall not permit any of its Restricted Subsidiaries to, directly or indirectly, create, incur, issue, assume, guarantee guaranty or otherwise become directly or indirectly liable, contingently or otherwiseotherwise (collectively, "incur"), with respect to (collectively, “incur”) any Indebtedness (including Acquired Debt), and the Company shall not issue any Disqualified StockStock and shall not permit any of its Subsidiaries to issue any shares of preferred stock; provided, other than Permitted Debt.however, that so long as no Default has occurred and is continuing:

Appears in 1 contract

Samples: Indenture (Coast Resorts Inc)

Incurrence of Indebtedness and Issuance of Preferred Stock. (a) The Company shall will not, and shall will not permit any of its Restricted Subsidiaries to, directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise, with respect to (collectively, “incur”) any Indebtedness (including Acquired Debt), ) and the Company shall will not issue any Disqualified Stock and will not permit any of its Restricted Subsidiaries to issue any Preferred Stock, other than Permitted Debt.

Appears in 1 contract

Samples: Indenture (ProFrac Holding Corp.)

Incurrence of Indebtedness and Issuance of Preferred Stock. (a) (1) The Company shall not, and shall not permit any of its Restricted Subsidiaries to, directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise, with respect to (collectively, “incur”) any Indebtedness (including Acquired DebtIndebtedness), and the Company shall not issue any Disqualified Stock, other than Permitted Debt.;

Appears in 1 contract

Samples: Supplemental Indenture (Mueller Water Products, Inc.)

Incurrence of Indebtedness and Issuance of Preferred Stock. (a) The Company shall not, and shall not permit any of its Restricted Subsidiaries to, directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise, with respect to (collectively, “incur”) any Indebtedness (including Acquired Debt), and the Company shall will not issue any Disqualified StockStock and will not permit any of its Restricted Subsidiaries to issue any shares of preferred stock; provided, other than Permitted Debt.however,

Appears in 1 contract

Samples: Allegiant Travel CO

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