Common use of Issuance of Stock Clause in Contracts

Issuance of Stock. The Credit Parties shall not, either directly or indirectly, issue or distribute any capital stock or other securities (including any securities convertible or exercisable into capital stock or other securities) of any Credit Party without the prior written consent of Lender and except in accordance with Schedule 9.6.

Appears in 2 contracts

Samples: Senior Secured Credit Facility Agreement (Vapor Hub International Inc.), Senior Secured Credit Facility Agreement (Vapor Hub International Inc.)

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Issuance of Stock. The Credit Parties shall not, not either directly or indirectly, issue or distribute any additional capital stock or other securities (including any securities convertible or exercisable into capital stock or other securities) of any Credit Party without the prior written consent of Lender and except in accordance with Schedule 9.6Lender.

Appears in 2 contracts

Samples: Senior Secured Revolving Credit Facility Agreement (Pulse Network, Inc.), Senior Secured Revolving Credit Facility Agreement (Staffing Group, Ltd.)

Issuance of Stock. The Credit Parties shall not, either directly or indirectly, issue or distribute any additional capital stock stock, membership interest or other securities (including any securities convertible or exercisable into capital stock or other securities) of any the Credit Party Parties without the prior written consent of Lender and except in accordance with Schedule 9.6Lender.

Appears in 2 contracts

Samples: Senior Secured Revolving Credit Facility Agreement (Hypertension Diagnostics Inc /Mn), Credit Facility Agreement (Green Innovations Ltd.)

Issuance of Stock. The Credit Parties shall not, either directly or indirectly, issue or distribute any capital stock or other securities (including any securities convertible or exercisable into capital stock or other securities) of any Credit Party without the prior written consent of Lender and except in accordance with Schedule 9.6Lender.

Appears in 2 contracts

Samples: Senior Secured Credit Facility Agreement (Grow Solutions Holdings, Inc.), Consent and Agreement (Pacific Ventures Group, Inc.)

Issuance of Stock. The Credit Parties shall not, either directly or indirectly, issue or distribute any additional capital stock stock, membership interest or other securities (including any securities convertible or exercisable into capital stock or other securities) of any the Credit Party Parties without the prior written consent of Lender and except Lender, provided, however, the Credit Parties shall be permitted to issue or distribute capital stock, membership interest, or other securities to the extent that such issuance or distribution does not result in accordance with Schedule 9.6a Change in Control of any Credit Party.

Appears in 2 contracts

Samples: Senior Secured Revolving Credit Facility Agreement (Encore Brands, Inc.), Credit Facility Agreement (Oncologix Tech Inc.)

Issuance of Stock. The Credit Parties shall not, not either directly or indirectly, issue or distribute any additional capital stock or other securities (including any securities convertible or exercisable into capital stock or other securities) of any Credit Party without the prior written consent of Lender; provided, however, notwithstanding anything to the contrary, the Borrower shall be permitted to issue and distribute additional capital stock and other securities without the consent of the Lender and except if such issuance and/or distribution does not result in accordance with Schedule 9.6a Change in Control.

Appears in 2 contracts

Samples: Consent and Agreement (Bitzio, Inc.), Senior Secured Revolving Credit Facility Agreement (Hispanica International Delights of America, Inc.)

Issuance of Stock. The Credit Parties other than Borrower shall not, either directly or indirectly, issue or distribute any additional capital stock stock, membership interest or other securities (including any securities convertible or exercisable into capital stock or other securities) of any the Credit Party Parties without the prior written consent of Lender. The Borrower shall not, either directly or indirectly, issue or distribute any additional capital stock or other securities without the prior written consent of the Lender and except to the extent that following such issuance or distribution, a Change in accordance with Schedule 9.6Control would be effected.

Appears in 1 contract

Samples: Secured Revolving Credit Facility Agreement (RiceBran Technologies)

Issuance of Stock. The Credit Parties shall not, not either directly or indirectly, issue or distribute any additional capital stock or other securities (including any securities convertible or exercisable into capital stock or other securities) of any Credit Party without the prior written consent of Lender and except Lender, provided however, notwithstanding anything to the contrary, the Credit Parties shall be permitted to issue capital stock or other securities, if following the issuance of such capital stock or other securities, there does not result in accordance with Schedule 9.6a Change in Control.

Appears in 1 contract

Samples: Secured Revolving Credit Facility Agreement (Pulse Beverage Corp)

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Issuance of Stock. The Credit Parties shall not, not either directly or indirectly, issue or distribute any additional capital stock or other securities (including any securities convertible or exercisable into capital stock or other securities) of any Credit Party without the prior written consent of Lender; provided, however, notwithstanding anything to the contrary, the Credit Parties shall be permitted to issue and distribute additional capital stock and other securities without the consent of the Lender and except if such issuance and/or distribution does not result in accordance with Schedule 9.6a Change in Control.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Facility Agreement (Artec Global Media, Inc.)

Issuance of Stock. The Credit Parties shall not, not either directly or indirectly, issue or distribute any additional capital stock or other securities (including any securities convertible or exercisable into capital stock or other securities) of any Credit Party without the prior written consent of Lender; provided, however, notwithstanding anything to the contrary, the Borrowers shall be permitted to issue and distribute additional capital stock and other securities without the consent of the Lender and except if such issuance and/or distribution does not result in accordance with Schedule 9.6a Change in Control.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Facility Agreement (Intelligent Highway Solutions, Inc.)

Issuance of Stock. The Credit Parties shall not, either directly or indirectly, issue or distribute any additional capital stock or other securities (including any securities convertible or exercisable into capital stock or other securities) of any Credit Party without the prior written consent of Lender and except in accordance with Schedule 9.6Lender.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Facility Agreement (Gei Global Energy Corp.)

Issuance of Stock. The Credit Parties shall not, either directly or indirectly, issue or distribute any additional capital stock stock, membership interest or other securities (including any securities convertible or exercisable into capital stock or other securities) of any the Credit Party Parties without the prior written consent of Lender and except Lender, which shall not be unreasonably withheld, provided, however, the Credit Parties shall be permitted to issue or distribute capital stock, membership interest, or other securities to the extent that such issuance or distribution does not result in accordance with Schedule 9.6a Change in Control of any Credit Party.

Appears in 1 contract

Samples: Credit Facility Agreement (Cd International Enterprises, Inc.)

Issuance of Stock. The Credit Parties shall not, either directly or indirectly, issue or distribute any additional capital stock stock, membership interest or other securities (including any securities convertible of the Credit Parties which such issuance or exercisable into capital stock distribution would cause, either directly or other securities) indirectly, a Change of Control of any Credit Party Party, without the prior written consent of Lender and except in accordance with Schedule 9.6Lender.

Appears in 1 contract

Samples: Secured Revolving Credit Facility Agreement (Comprehensive Care Corp)

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