Common use of Issuance of Capital Stock Clause in Contracts

Issuance of Capital Stock. Issue any shares, interests, warrants, participations or other equivalents (however designated) of any Loan Party; except that (a) the Borrower may issue common stock or warrants or options exercisable for common stock and (b) any Subsidiary of the Borrower may issue shares of capital stock to the Borrower or any other Subsidiary.

Appears in 3 contracts

Samples: Credit Agreement (Netzee Inc), Credit Agreement (Netzee Inc), Credit Agreement (Intercept Group Inc)

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Issuance of Capital Stock. Issue any shares, interests, warrants, participations or other equivalents (however designated) of any Loan Party; except that (a) the Borrower may issue common stock or warrants or options exercisable for common stock and stock, (b) any Subsidiary of the Borrower may issue shares of capital stock to the Borrower or any other Subsidiary, and (c) the Borrower may issue shares of its Series B Preferred Stock."

Appears in 1 contract

Samples: Credit Agreement (Netzee Inc)

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