Common use of Issuance of Equity Interests Clause in Contracts

Issuance of Equity Interests. The Borrower shall not issue any Equity Interests if as a result of such issuance a Change of Control shall occur. None of the Borrower's Subsidiaries shall issue any Equity Interests other than to the Borrower.

Appears in 8 contracts

Samples: Credit Agreement (Transportation Components Inc), Credit Agreement (Landcare Usa Inc), Credit Agreement (Transportation Components Inc)

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Issuance of Equity Interests. The Borrower shall not issue any Equity Interests if as a result of such issuance a Change of Control shall occur. None of the Borrower's Subsidiaries shall issue any Equity Interests other than to the BorrowerBorrower except as permitted in connection with a Majority Acquisition or as required to comply with the terms of the relevant franchise agreement with a particular automotive manufacturer.

Appears in 2 contracts

Samples: Credit Agreement (Lithia Motors Inc), Credit Agreement (Lithia Motors Inc)

Issuance of Equity Interests. The Borrower shall not issue any Equity Interests if as a result of such issuance a Change of Control shall occur. None of the Borrower's Subsidiaries No Subsidiary shall issue any Equity Interests other than to the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Transportation Components Inc)

Issuance of Equity Interests. The Borrower shall not issue any Equity Interests if as a result of such issuance a Change of Control shall occur. None of the Borrower's Subsidiaries shall issue any Equity Interests other than to the Borrower.-104-

Appears in 1 contract

Samples: Credit Agreement (Spartan Stores Inc)

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Issuance of Equity Interests. The Borrower shall not issue any Equity Interests if as a result of such issuance a Change of Control shall occur. None of the Borrower's Subsidiaries shall issue any Equity Interests other than to the BorrowerBorrower and all of which shall be subject to the applicable Pledge Agreement.

Appears in 1 contract

Samples: Credit Agreement (Precept Business Services Inc)

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