Share Capital. Except in a transaction otherwise permitted under this Agreement, permit any of its Subsidiaries (other than Exempt Immaterial Subsidiaries) to issue any shares, or any options, warrants or securities convertible into shares, to the extent that such issuance would result in a reduction in the ownership percentage or such Loan Party in such Subsidiary.
Appears in 9 contracts
Samples: Credit Agreement (Open Text Corp), Credit Agreement (Open Text Corp), Bridge Loan Agreement (Open Text Corp)
Share Capital. Except in a transaction otherwise permitted under this Agreement, permit any of its Subsidiaries (other than Exempt Immaterial Subsidiaries) to issue any shares, or any options, warrants or securities convertible into shares, to the extent that such issuance would result in a reduction in the ownership percentage or such Loan Party in such Subsidiary.. Section 6.03
Appears in 1 contract
Samples: Credit Agreement (Open Text Corp)
Share Capital. Except in a transaction otherwise permitted under this Agreement, permit any of its Subsidiaries (other than Exempt Immaterial Subsidiaries) to issue any shares, or any options, warrants or securities convertible into shares, to the extent that such issuance would result in a reduction in the ownership percentage or of such Loan Party in such Subsidiary.
Appears in 1 contract
Samples: Credit Agreement (Open Text Corp)
