NOLs. For so long as the Company holds any material NOLs, the Stockholder shall not cause the Company to issue any shares of Common Stock or other equity securities of the Company or otherwise engage in any material transaction unless the Stockholder reasonably believes that such issuance or transaction would not jeopardize the Company’s ability to retain the benefit of the NOLs.
Appears in 2 contracts
Sources: Stockholders' Agreement (Carlson Capital L P), Stockholders' Agreement (SWK Holdings Corp)