Common use of No Adverse Action Clause in Contracts

No Adverse Action. The Company and its Subsidiaries shall refrain, while any Debentures are outstanding, from taking any action or entering into any arrangement which in any way materially and adversely affects (i) the rights, privileges or benefits available to a holder of a Debenture or (ii) the rights, privileges or benefits available to a holder of a Warrant.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Ramtron International Corp), Securities Purchase Agreement (Siemens Aktiengesellschaft/Adr), Securities Purchase Agreement (Ramtron International Corp)

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No Adverse Action. The Company and its Subsidiaries shall refrain, while any Debentures are outstanding, from taking any action or entering into any arrangement which that in any way materially and adversely affects (i) the rights, privileges or benefits available to a holder of a Debenture Debentures or (ii) the rights, privileges or benefits available to a holder of a Warrant.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Omni Energy Services Corp), Securities Purchase Agreement (Omni Energy Services Corp)

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