Common use of Issuance of Additional Securities Clause in Contracts

Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.

Appears in 25 contracts

Samples: Pledge and Security Agreement (Wanxiang Group Corp), Pledge and Security Agreement (Arotech Corp), Pledge and Security Agreement (Fiesta Restaurant Group, Inc.)

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Issuance of Additional Securities. Such The Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such the Grantor.

Appears in 10 contracts

Samples: Pledge and Security Agreement (Mam Software Group, Inc.), Security Agreement (Bluestem Brands, Inc.), Pledge and Security Agreement (Bluestem Brands, Inc.)

Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest Capital Stock constituting Pledged Collateral owned by it to issue additional Equity InterestsCapital Stock, any right to receive the same or any right to receive earnings, except to such Grantor.

Appears in 9 contracts

Samples: Pledge and Security Agreement (Star Gas Partners Lp), Pledge and Security Agreement (Star Gas Partners Lp), Pledge and Security Agreement (Action Performance Companies Inc)

Issuance of Additional Securities. Such The Grantor will not permit or suffer the issuer of an Equity Interest Capital Stock constituting Pledged Collateral owned by it to issue additional Equity InterestsCapital Stock, any right to receive the same or any right to receive earnings, except to such the Grantor.

Appears in 7 contracts

Samples: Pledge and Security Agreement (Magnetek Inc), Pledge and Security Agreement (Magnetek Inc), Pledge and Security Agreement (Magnetek Inc)

Issuance of Additional Securities. Such Except as permitted by the Credit Agreement, such Grantor will not permit or suffer the any Subsidiary that is an issuer of an Equity Interest constituting Pledged Collateral Stock owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor or any other Grantor.

Appears in 5 contracts

Samples: Credit Agreement (Stoneridge Inc), Credit Agreement (Stoneridge Inc), Pledge and Security Agreement (Smithfield Foods Inc)

Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such GrantorGrantor and as otherwise permitted by the Credit Agreement.

Appears in 3 contracts

Samples: Pledge and Security Agreement (Essendant Inc), Pledge and Security Agreement (Global Brass & Copper Holdings, Inc.), Pledge and Security Agreement (Global Brass & Copper Holdings, Inc.)

Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest constituting Subsidiary Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such GrantorGrantor or as permitted by the Credit Agreement.

Appears in 3 contracts

Samples: Security Agreement (Interline Brands, Inc./De), Intercreditor Agreement (Interline Brands, Inc./De), Pledge and Security Agreement (Interline Brands, Inc./De)

Issuance of Additional Securities. Such No Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral Collateral, if such issuer is a wholly owned by it Subsidiary of such Grantor, to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.

Appears in 3 contracts

Samples: Pledge and Security Agreement (Core-Mark Holding Company, Inc.), Pledge and Security Agreement (Core-Mark Holding Company, Inc.), Pledge and Security Agreement (Core-Mark Holding Company, Inc.)

Issuance of Additional Securities. Such The Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such the Grantor.

Appears in 3 contracts

Samples: Pledge and Security Agreement (Escalade Inc), Pledge and Security Agreement (Supreme Industries Inc), Pledge and Security Agreement (Escalade Inc)

Issuance of Additional Securities. Such Except as expressly permitted pursuant to Section 6.12 of the Credit Agreement, such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Griffon Corp), Pledge and Security Agreement (Griffon Corp)

Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such GrantorGrantor or as otherwise permitted under the Credit Agreement.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Gorman Rupp Co), Pledge and Security Agreement (Landec Corp \Ca\)

Issuance of Additional Securities. Such The Grantor will not permit or suffer the any issuer of an Equity Interest constituting Pledged Collateral Equity owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such the Grantor.

Appears in 2 contracts

Samples: Canadian Security Agreement (Elizabeth Arden Inc), Canadian Pledge Agreement (Elizabeth Arden Inc)

Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest of its Subsidiaries constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Urban Outfitters Inc), Pledge and Security Agreement (Urban Outfitters Inc)

Issuance of Additional Securities. Such In the case of any issuer that is a direct or indirect Subsidiary of the Borrower, such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.

Appears in 2 contracts

Samples: Credit Agreement (Synergy Resources Corp), Credit Agreement (Synergy Resources Corp)

Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such a Grantor.

Appears in 2 contracts

Samples: Pledge and Security Agreement (PLAYSTUDIOS, Inc.), Pledge and Security Agreement (PLAYSTUDIOS, Inc.)

Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such GrantorGrantor or as otherwise permitted by the Credit Agreement.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Clarus Corp), Pledge and Security Agreement (Clarus Corp)

Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor or any other Grantor.

Appears in 2 contracts

Samples: Senior Secured Credit Agreement (Lifetime Brands, Inc), Senior Secured Credit Agreement (Lifetime Brands, Inc)

Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such GrantorGrantor or as permitted by the Credit Agreement.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Farmer Brothers Co), Patent Security Agreement (Farmer Brothers Co)

Issuance of Additional Securities. Such No Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such the applicable Grantor.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Systemax Inc), Pledge and Security Agreement (Systemax Inc)

Issuance of Additional Securities. Such Except as permitted by the Credit Agreement, such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.

Appears in 1 contract

Samples: Pledge and Security Agreement (Tile Shop Holdings, Inc.)

Issuance of Additional Securities. Such Grantor will not permit vote to approve or suffer consent to the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such GrantorGrantor or as otherwise permitted under the Credit Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Archrock Partners, L.P.)

Issuance of Additional Securities. Such Except as otherwise expressly permitted under the Credit Agreement, the Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such the Grantor.

Appears in 1 contract

Samples: Pledge and Security Agreement (Ddi Corp)

Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest capital stock constituting Pledged Collateral consisting of ownership interests in a Subsidiary owned by it to issue additional Equity Interestscapital stock, any right to receive the same or any right to receive earnings, except to such Grantor.

Appears in 1 contract

Samples: Credit Agreement (Smurfit Stone Container Corp)

Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest owned by it constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such GrantorGrantor or as otherwise permitted by the Credit Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Frank's International N.V.)

Issuance of Additional Securities. Such Except as permitted under the Credit Agreement, such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.

Appears in 1 contract

Samples: Pledge and Security Agreement (Wesco International Inc)

Issuance of Additional Securities. Such To the extent within the control of such Grantor, such Grantor will not permit or suffer the issuer of an any Pledged Equity Interest constituting Pledged Collateral Interests owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.

Appears in 1 contract

Samples: Pledge and Security Agreement (Mgi Pharma Inc)

Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral (to the extent such issuer is a Subsidiary of such Grantor or any other Grantor) owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.

Appears in 1 contract

Samples: Pledge and Security Agreement (Exactech Inc)

Issuance of Additional Securities. Such Other than the issuance of Qualified Equity Interests not otherwise prohibited by the Loan Documents, such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.

Appears in 1 contract

Samples: Pledge and Security Agreement (U.S. Auto Parts Network, Inc.)

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Issuance of Additional Securities. Such Grantor will not permit or suffer a Subsidiary that is the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such GrantorGrantor or as expressly permitted by the Credit Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Servicesource International, Inc.)

Issuance of Additional Securities. Such Other than the issuance of Qualified Equity Interests not otherwise prohibited by the Loan Documents, such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.

Appears in 1 contract

Samples: Pledge and Security Agreement (CarParts.com, Inc.)

Issuance of Additional Securities. Such Except as permitted by the Credit Agreement, such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it and which is a Subsidiary of Parent to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.

Appears in 1 contract

Samples: Pledge and Security Agreement (Geokinetics Inc)

Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it it, to the extent such issuer is a Subsidiary thereof, to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such GrantorGrantor (and except the issuance of director’s qualifying shares and shares issued to foreign nationals pursuant to Requirements of Law).

Appears in 1 contract

Samples: Pledge and Security Agreement (Myriad Genetics Inc)

Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such GrantorGrantor or as permitted under the Credit Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (InfuSystem Holdings, Inc)

Issuance of Additional Securities. Such No Grantor will not permit or suffer the any issuer that it controls, of an Equity Interest Interests constituting Pledged Collateral owned by it to issue additional any such Equity Interests, Interests or any right to receive the same or any right to receive earningsearnings thereon, except to such Grantor.

Appears in 1 contract

Samples: Security Agreement (Global Gold Corp)

Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor or another Grantor.

Appears in 1 contract

Samples: Pledge and Security Agreement (Altra Holdings, Inc.)

Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest in a Subsidiary constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.

Appears in 1 contract

Samples: Pledge and Security Agreement (Intapp, Inc.)

Issuance of Additional Securities. Such Except as permitted by the Indenture and the Term Loan Credit Agreement, such Grantor will not permit or suffer the any Subsidiary that is an issuer of an Equity Interest constituting Pledged Collateral Stock owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor or any other Grantor.

Appears in 1 contract

Samples: Pledge and Security Agreement (Smithfield Foods Inc)

Issuance of Additional Securities. Such Each Grantor will not permit or suffer the any issuer of an Equity Interest constituting Pledged Collateral Equity owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.

Appears in 1 contract

Samples: Security Agreement (Elizabeth Arden Inc)

Issuance of Additional Securities. Such Except as permitted by the Credit Agreement, such Grantor will not permit or suffer the issuer of an Equity Interest any Capital Stock constituting Pledged Collateral owned by it to issue additional Equity InterestsCapital Stock, any right to receive the same or any right to receive earnings, except to such Grantor.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Ultra Clean Holdings, Inc.)

Issuance of Additional Securities. Such Except in each case as permitted in the Credit Agreement, such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.

Appears in 1 contract

Samples: Pledge and Security Agreement (Tredegar Corp)

Issuance of Additional Securities. Such Each Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned held by it such Granter to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantoras permitted by Section 6.06 of the Credit Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Heartland Payment Systems Inc)

Issuance of Additional Securities. Such Except as otherwise expressly permitted under the Credit Agreement, such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.

Appears in 1 contract

Samples: Pledge and Security Agreement (Ddi Corp)

Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor or another Grantor or another Grantor.

Appears in 1 contract

Samples: Pledge and Security Agreement (Altra Holdings, Inc.)

Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer (if such issuer is controlled by such Grantor) of an Equity Interest Interests constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.

Appears in 1 contract

Samples: Pledge and Security Agreement (Techteam Global Inc)

Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such GrantorGrantor or as expressly permitted by Sections 6.04 and 6.08 of the Credit Agreement. Any additional Equity Interests issued by a Grantor (other than Holdings) shall be subject to the Lien hereunder.

Appears in 1 contract

Samples: Pledge and Security Agreement (Chefs' Warehouse, Inc.)

Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest of a wholly owned Subsidiary constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.

Appears in 1 contract

Samples: Pledge and Security Agreement (Kelly Services Inc)

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