Common use of Issuance of Additional Stock Clause in Contracts

Issuance of Additional Stock. Except as permitted by Sections 8.5 and 8.14 of the Credit Agreement, no Assignor will cause or, to the extent controlled by it, permit the issuer of any of its Pledged Stock to issue any stock, any right to receive stock or any right to receive earnings, except to an Assignor or in a manner that does not dilute Assignor’s ownership interest or rights in such issuer.

Appears in 2 contracts

Samples: Security Agreement (Huntsman LLC), Security Agreement (Huntsman LLC)

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Issuance of Additional Stock. Except as permitted by Sections Section 8.5 and 8.14 of the Credit Agreement, no Assignor will cause or, to the extent controlled by it, permit the issuer of any of its Pledged Stock to issue any stock, any right to receive stock or any right to receive earnings, except to an Assignor or in a manner that does not dilute Assignor’s ownership interest or rights in such issuer.

Appears in 1 contract

Samples: Security Agreement (Huntsman Petrochemical Finance Co)

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Issuance of Additional Stock. Except as permitted by Sections 8.5 and 8.14 Section 8.6 of the Credit Agreement, no Assignor will cause or, to the ---------------------------- ----------- extent controlled by it, permit the issuer of any of its Pledged Stock to issue any stock, any right to receive stock or any right to receive earnings, except to an Assignor or in a manner that does not dilute Assignor’s 's ownership interest or rights in such issuer.

Appears in 1 contract

Samples: Credit Agreement (Us Can Corp)

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