Common use of Issuance of Capital Stock Clause in Contracts

Issuance of Capital Stock. Other than Company, no Credit Party shall, nor shall it permit any of its Subsidiaries to, issue or sell or enter into any agreement or arrangement for the issuance and sale of any shares of its Capital Stock, any securities convertible into or exchangeable for its Capital Stock, or any warrants, options or other rights for the purchase or acquisition of shares of its Capital Stock. No Credit Party shall, nor shall it permit any of its Subsidiaries to, issue or sell any Disqualified Capital Stock.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Syntax-Brillian Corp), Credit and Guaranty Agreement (Syntax-Brillian Corp)

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Issuance of Capital Stock. Other than Company, no No Credit Party shall, nor shall it permit any of its Subsidiaries to, issue or sell or enter into any agreement or arrangement for the issuance and sale of any shares of its Capital Stock, any securities convertible into or exchangeable for its Capital Stock, or any warrants, options or other rights for the purchase or acquisition of shares of its Capital Stock. No , except the issuance of any common stock by a Credit Party shall, nor shall it permit any of its Subsidiaries to, issue or sell any Disqualified Capital Stockto the Company.

Appears in 1 contract

Samples: Possession Financing Agreement (Granite Broadcasting Corp)

Issuance of Capital Stock. Other No Credit Party (other than CompanyHoldings) shall, and no Credit Party shall, nor shall it permit any of its Subsidiaries to, issue any Capital Stock (whether for value or sell otherwise) to any Person other than (in the case of Subsidiaries) to the Borrower or enter into any agreement or arrangement for another wholly-owned Domestic Subsidiary of the issuance and sale of any shares of its Capital Stock, any securities convertible into or exchangeable for its Capital Stock, or any warrants, options or other rights for the purchase or acquisition of shares of its Capital StockBorrower. No Credit Party shall, nor and no Credit Party shall it permit any of its Subsidiaries to, issue or sell any Disqualified Capital Stock.

Appears in 1 contract

Samples: Credit Agreement (Airsculpt Technologies, Inc.)

Issuance of Capital Stock. Other than CompanyExcept as set forth on Schedule 6.16, no Credit Party shall, nor shall it permit any of its Subsidiaries to, issue or sell or enter into any agreement or arrangement for the issuance and sale of any shares of its Capital Stock, any securities convertible into or exchangeable for its Capital Stock, or any warrants, options or other rights for the purchase or acquisition of shares of its Capital Stock. No Credit Party shall, nor shall it permit any Stock unless the proceeds of its Subsidiaries to, issue or sell any Disqualified Capital Stocksuch issuance and sale are applied in accordance with Section 2.11(c).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (U S Energy Systems Inc)

Issuance of Capital Stock. Other than Company, no No Credit Party shall, nor shall it permit any of its Subsidiaries to, issue or sell or enter into any agreement or arrangement for the issuance and sale of any shares of its Capital Stock, any securities convertible into or exchangeable for its Capital Stock, or any warrants, options or other rights for the purchase or acquisition of shares of its Capital Stock. No Credit Party shall, nor shall it permit any of its Subsidiaries to, issue or sell any Disqualified Capital Stock.except:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Granite Broadcasting Corp)

Issuance of Capital Stock. Other than CompanyHoldings, no Credit Party shall, nor shall it permit any of its Subsidiaries to, issue or sell or enter into any agreement or arrangement for the issuance and sale of any shares of its Capital Stock, any securities convertible into or exchangeable for its Capital Stock, or any warrants, options or other rights for the purchase or acquisition of shares of its Capital Stock. No Credit Party shall, nor Holdings shall it permit any of its Subsidiaries to, not issue or sell any Disqualified Capital Stock.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Handleman Co /Mi/)

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Issuance of Capital Stock. Other than CompanyHoldings, no Credit Party shall, nor shall it permit any of its Subsidiaries to, issue or sell or enter into any agreement or arrangement for the issuance and sale of any shares of its Capital Stock, any securities convertible into or exchangeable for its Capital Stock, or any warrants, options or other rights for the purchase or acquisition of shares of its Capital Stock. No Credit Party shall, nor Holdings shall it permit any of its Subsidiaries to, not issue or sell any Disqualified Capital Stock.

Appears in 1 contract

Samples: Credit Agreement (Handleman Co /Mi/)

Issuance of Capital Stock. Other than Company, no No Credit Party (other than the Company) shall, nor shall it permit any of its Subsidiaries to, issue or sell or enter into any agreement or arrangement for the issuance and sale of any shares of its Capital Stock, any securities convertible into or exchangeable for its Capital Stock, or any warrants, options or other rights for the purchase or acquisition of shares of its Capital Stock, except to the extent such issuance is to its direct parent, and such Person is also a Credit Party. No Credit Party shall, nor The Company shall it permit any of its Subsidiaries to, not issue or sell any Disqualified Capital Stock.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Castle a M & Co)

Issuance of Capital Stock. Other than CompanyHoldings, no Credit Party shallshall not, nor shall it permit any of its Subsidiaries to, issue or sell or enter into any agreement or arrangement for the issuance and sale of any shares of its Capital Stock, any securities convertible into or exchangeable for its Capital Stock, or any warrants, options or other rights for the purchase or acquisition of shares of its Capital Stock. No Credit Party shall, nor shall it permit any of its Subsidiaries to, issue or sell any Disqualified Capital Stock. No Credit Party shall, nor shall it permit any of its Subsidiaries to, issue or sell any Disqualified Capital Stock.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Proliance International, Inc.)

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