Common use of Issuance of Stock Clause in Contracts

Issuance of Stock. Each of the Loan Parties (other than the Borrower) shall not, and shall not permit any of its Subsidiaries to, issue any additional shares of its capital stock or any options, warrants or other rights in respect thereof.

Appears in 7 contracts

Samples: Credit Agreement (Ii-Vi Inc), Continuing Agreement (Ii-Vi Inc), Credit Agreement (Ii-Vi Inc)

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Issuance of Stock. Each of the Loan Parties (other than the BorrowerParent) shall not, and shall not permit any of its Restricted Subsidiaries to, issue any additional shares of its capital stock stock, limited partnership interest or limited liability company interests, as the case may be, or any options, warrants or other rights in respect thereof, except to the Loan Parties.

Appears in 3 contracts

Samples: Credit Agreement (Penn Virginia Resource Partners L P), Credit Agreement (Penn Virginia Resource Partners L P), Credit Agreement (Penn Virginia Resource Partners L P)

Issuance of Stock. Each of the Loan Parties (other than the Borrower) shall not, and shall not permit any of its Subsidiaries Specified Excluded Subsidiary to, issue any additional shares of its capital stock or any options, warrants or other rights in respect thereof.

Appears in 3 contracts

Samples: Credit Agreement (Hallador Energy Co), Credit Agreement (Hallador Energy Co), Credit Agreement (Hallador Energy Co)

Issuance of Stock. Each of the Loan Parties (other than the BorrowerHallador) shall not, and shall not permit any of its Subsidiaries to, issue any additional shares of its capital stock or any options, warrants or other rights in respect thereof.

Appears in 3 contracts

Samples: Credit Agreement (Hallador Energy Co), Credit Agreement (Hallador Energy Co), Credit Agreement (Hallador Petroleum Co)

Issuance of Stock. Each of the Loan Parties (other than the Borrower) shall not, and shall not permit any of its Subsidiaries to, issue any additional shares of its capital stock or any options, warrants or other rights in respect thereofthereof other than to another Loan Party or Subsidiary of a Loan Party; provided, however, that nothing contained herein shall prohibit the Company from issuing shares of its capital stock or other equity interests of the Company.

Appears in 2 contracts

Samples: Credit Agreement (Consolidated Stores Corp /De/), Credit Agreement (Consolidated Stores Corp /De/)

Issuance of Stock. Each of the Loan Parties (other than the Borrower) shall not, and shall not permit any of its Subsidiaries to, issue any additional shares of its capital stock or any options, warrants or other rights in respect thereofthereof to any Person other than another Loan Party.

Appears in 2 contracts

Samples: Credit Agreement (CNX Gas Corp), Credit Agreement (Consol Energy Inc)

Issuance of Stock. Each of the Loan Parties (other than the Borrower) shall not, and shall not permit any of its Subsidiaries to, issue any additional shares of its capital stock Capital Stock or any options, warrants or other rights in respect thereof; provided, however, that Borrower may issue additional shares of its Capital Stock or any options, warrants or other rights in respect thereof (i) pursuant to any employee or management incentive plans, or (ii) other issuances so long as such issuances do not result in a Change of Control.

Appears in 2 contracts

Samples: Credit Agreement (Sun Hydraulics Corp), Credit Agreement (Sun Hydraulics Corp)

Issuance of Stock. Each of the Loan Parties (other than the Borrower) shall not, and shall not permit any of its Subsidiaries to, issue any additional shares of its capital stock stock, shares of beneficial interest, partnership interests, limited liability company interests or similar ownership interests, or any options, warrants or other rights in respect thereof.

Appears in 2 contracts

Samples: Credit Agreement (WESTMORELAND COAL Co), Credit Agreement (Westmoreland Coal Co)

Issuance of Stock. Each of the Loan Parties (other than the BorrowerUniversal) shall not, and shall not permit any of its Subsidiaries to, issue any additional shares of its capital stock or any options, warrants or other rights in respect thereof.

Appears in 1 contract

Samples: Credit Agreement (Universal Stainless & Alloy Products Inc)

Issuance of Stock. Each of the Loan Parties (other than the Borrower) shall not, and shall not permit any of its Subsidiaries to, issue any additional shares of its capital stock or any options, warrants or other rights in respect thereof, except in connection with, and so long as such issuance does not result in a Change of Control hereunder, (i) compensation of employees, directors, Related Parties or consultants and (ii) Permitted Acquisitions.

Appears in 1 contract

Samples: Intercompany Subordination Agreement (Sl Industries Inc)

Issuance of Stock. Each of the Loan Parties (other than the Borrower) shall not, and shall not permit any of its Subsidiaries to, issue any additional shares of its capital stock or any options, warrants or other rights in respect thereof.

Appears in 1 contract

Samples: Credit Agreement (Hallador Energy Co)

Issuance of Stock. Each of the Loan Parties (other than the Borrower) Borrowers shall not, and shall not permit any of its Subsidiaries to, issue any additional shares of its capital stock or any options, warrants or other rights in respect thereofthereof except that a Loan Party may issue such property to any other Loan Party.

Appears in 1 contract

Samples: Revolving Credit Agreement (Tb Woods Corp)

Issuance of Stock. Each of the Loan Parties (other than the BorrowerParent) shall not, and shall not permit any of its Subsidiaries to, issue any additional shares of its capital stock or any options, warrants or other rights in respect thereof.

Appears in 1 contract

Samples: Credit Agreement (Penn Virginia Resource Partners L P)

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Issuance of Stock. Each of the Loan Parties (other than the Borrower) shall not, and shall not permit any of its Subsidiaries to, issue any additional shares of its capital stock or any options, warrants or other rights in respect thereof; provided that the Borrower shall be permitted to issue additional shares of its capital stock.

Appears in 1 contract

Samples: Credit Agreement (Superior Well Services, INC)

Issuance of Stock. Each of the Loan Parties (other than the Borrower) shall not, and shall not permit any of its Subsidiaries to, issue any additional shares of its capital stock Capital Stock or any options, warrants or other rights in respect thereof; provided that the foregoing shall not prohibit issuance by the Borrower of additional shares in the Borrower or options therefor (including in connection with an IPO, common stock split transactions or in accordance with the Stock Option Agreements) so long as such issuance does not result in a Change of Control.

Appears in 1 contract

Samples: Credit Agreement (Vertex, Inc.)

Issuance of Stock. Each of the Loan Parties (other than the Borrower) shall not, and shall not permit any of its Subsidiaries to, issue any additional shares of its capital stock or any options, warrants or other rights in respect thereof, except for: (a) in accordance with Section 4.5.3, (b) the Warrant and (c) stock of the Borrower issued to employees, directors or representatives of any of the Loan Parties pursuant to stock option or stock purchase plans, employment contracts, as fees or compensation or otherwise in the ordinary course of business.

Appears in 1 contract

Samples: Credit Agreement (Audio Communications Network Inc)

Issuance of Stock. Each of the Loan Parties (other than the Borrower) shall not, and shall not permit any of its Subsidiaries to, issue any additional shares of its capital stock or any options, warrants or other rights in respect thereof.

Appears in 1 contract

Samples: Credit Agreement (Elgin National Industries Inc)

Issuance of Stock. Each of the Loan Parties (other than the Borrower) shall not, and shall not permit any of its Subsidiaries to, issue any additional shares of its capital stock or any options, warrants or other rights in respect thereof; provided, however, that the Borrower may issue additional shares of its capital stock or options in respect thereof so long as after giving effect thereto no Event of Default or Potential Default shall occur or be continuing or shall exist.

Appears in 1 contract

Samples: Credit Agreement (Novacare Employee Services Inc)

Issuance of Stock. Each of the Loan Parties (other than the Borrower) Xxxxxxxxx Downs Incorporated shall not, and shall not permit any of its Subsidiaries to, issue any additional shares of its capital stock or any options, warrants or other rights in respect thereofthereof to any Person not a Loan Party.

Appears in 1 contract

Samples: Credit Agreement (Churchill Downs Inc)

Issuance of Stock. Each of the Loan Parties (other than the Borrower) shall not, and shall not permit any of its Subsidiaries to, issue any additional shares of its capital stock Capital Stock or any options, warrants or other rights in respect thereof.; provided, however, that Borrower may issue additional shares of its Capital Stock or any options, warrants or other rights in respect thereof (i)

Appears in 1 contract

Samples: Credit Agreement (Sun Hydraulics Corp)

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