Limitation on Issuances of Capital Stock. Issue (a) any preferred stock or (b) any class of redeemable common stock, provided, however, that the Borrower may issue Qualified Stock.
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Samples: Credit Agreement (Service Merchandise Co Inc), Credit Agreement (Service Merchandise Co Inc), Credit Agreement (Service Merchandise Co Inc)
Limitation on Issuances of Capital Stock. Issue (a) The Borrower shall not issue (i) any preferred stock or (bii) any class of redeemable common stock, ; provided, however, that the Borrower may issue Qualified Preferred Stock.
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