Common use of Issuance of Additional Securities Clause in Contracts

Issuance of Additional Securities. No Grantor will permit or suffer the issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to issue any such securities or other ownership interests, any right to receive the same or any right to receive earnings, except to such Grantor.

Appears in 10 contracts

Samples: Pledge and Security Agreement (CIMPRESS PLC), Security Agreement (Abx Air Inc), Pledge and Security Agreement (Innerworkings Inc)

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Issuance of Additional Securities. No Grantor will permit or suffer the issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to issue any such securities or other ownership interests, any right to receive the same or any right to receive earnings, except to such Grantor; provided, however, that the foregoing shall have no application with respect to any corporation, partnership, joint venture or limited liability company which is not a Subsidiary of such Grantor.

Appears in 4 contracts

Samples: Pledge and Security Agreement (Encore Capital Group Inc), Pledge and Security Agreement (Encore Capital Group Inc), Pledge and Security Agreement (Encore Capital Group Inc)

Issuance of Additional Securities. No Except in each case as permitted in the Credit Agreement, no Grantor will permit or suffer the issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to issue any such securities or other ownership 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 (Tredegar Corp), Pledge and Security Agreement (Tredegar Corp), Pledge and Security Agreement (Tredegar Corp)

Issuance of Additional Securities. No The Grantor will not permit or suffer the issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to issue any such securities or other ownership 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 (Matrix Service Co)

Issuance of Additional Securities. No Grantor None of the Grantors will permit or suffer the issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to issue any such securities or other ownership 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 (Gasco Energy Inc)

Issuance of Additional Securities. No The Grantor will not permit or suffer the issuer any issuers of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to issue any such securities or other ownership 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 (KonaRed Corp)

Issuance of Additional Securities. No The Grantor will not permit or suffer the issuer any issuers of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral Collateral, which such issuers are wholly-owned Subsidiaries of the Grantor, to issue any such securities or other ownership 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 (Acusphere Inc)

Issuance of Additional Securities. No Except as permitted in the Credit Agreement, no Grantor will permit or suffer the issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Pledged Collateral to issue any such securities or other ownership interests, any right to receive the same or any right to receive earnings, except to such Grantor.

Appears in 1 contract

Samples: Credit Agreement (Florida Gaming Corp)

Issuance of Additional Securities. No Except as provided in the Credit Agreement, no Grantor will permit or suffer the issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral and in which Grantor has a controlling interest to issue any such securities or other ownership interests, any right to receive the same or any right to receive earnings, except to such Grantor.

Appears in 1 contract

Samples: Security Agreement (Inventure Foods, Inc.)

Issuance of Additional Securities. No Except as permitted by the Credit Agreement, no Grantor will permit or suffer the issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral and in which Grantor has a controlling interest to issue any such securities or other ownership interests, any right to receive the same or any right to receive earnings, except to such Grantor.

Appears in 1 contract

Samples: Credit Agreement (Journal Media Group, Inc.)

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Issuance of Additional Securities. No Grantor will permit or suffer the issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Pledged Collateral to issue any such securities or other ownership interests, any right to receive the same or any right to receive earnings, except to such Grantor.

Appears in 1 contract

Samples: Credit Agreement (Central Garden & Pet Co)

Issuance of Additional Securities. No Except as permitted in the Credit Agreement, no Grantor will permit or suffer the issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to issue any such securities or other ownership 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 (Myr Group Inc.)

Issuance of Additional Securities. No To the extent such Grantor owns a Controlling interest therein, no Grantor will permit or suffer the issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to issue any such securities or other ownership 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 (Inergy L P)

Issuance of Additional Securities. No Grantor will permit or suffer the issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company Subsidiary constituting Collateral to issue any such securities or other ownership interests, any right to receive the same or any right to receive earnings, except to such GrantorGrantor or except as permitted under Section 7.02 of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (ResCare Finance, Inc.)

Issuance of Additional Securities. No Grantor None of the Grantors will permit or suffer the issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to issue any such securities or other ownership interests, any right to receive the same or any right to receive earnings, except to such a Grantor.

Appears in 1 contract

Samples: Credit Agreement (Range Resources Corp)

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