Business Activities; Issuance of Equity. Not, and not permit any other Loan Party to, engage in any line of business other than the businesses engaged in on the date hereof and businesses reasonably related thereto. Not, and not permit any other Loan Party to, issue any Capital Securities other than (a) any issuance of shares of the Company’s common Capital Securities pursuant to any employee or director option program, benefit plan or compensation program, and (b) any issuance by a Subsidiary to the Company or another Subsidiary in accordance with Section 11.4.
Business Activities; Issuance of Equity. Not, and not permit any other Loan Party to, engage in any line of business other than the businesses engaged in on the date hereof and businesses reasonably related thereto.
Business Activities; Issuance of Equity. Not engage in any line of business other than the businesses engaged in on the date hereof and businesses reasonably related thereto. Not, and not permit any other Loan Party to, issue any Capital Securities other than (a) any issuance of shares of Borrower’s common Capital Securities pursuant to any employee or director option program, benefit plan or compensation program, (b) any issuance by a Subsidiary to Borrower or another Subsidiary in accordance with Section 11.4, or (c) in connection with a Permitted Acquisition or any Investment permitted under Section 11.11.
Business Activities; Issuance of Equity. Not, and not permit any other Affiliated Party to, engage in any line of business other than the businesses engaged in on the date hereof and businesses reasonably related and incidental thereto; and not permit any Subsidiary to issue any Capital Securities other than any issuance by a Subsidiary to the Company or another Subsidiary in accordance with Section 11.4, except to the extent such issuance would fit within the basket set forth for asset sales pursuant to Section 11.5(c)(iii) of this Agreement.
Business Activities; Issuance of Equity. Not, and not permit any Loan Party or Subsidiary thereof to, engage in any line of business, other than the businesses engaged in on the Closing Date and businesses reasonably related thereto, or any line of business that is reasonably related thereto. Not, and not permit any other Subsidiary to, issue any Equity Interests; provided that (x) Ultimate Holdings may issue the Monroe Supporting Shares (as defined under the Senior Credit Facility) and the Monroe Warrants (as defined under the Senior Credit Facility) (y) Ultimate Holdings may issue Equity Interests therein so long as no Change of Control or other Default or Event of Default occurs as a result thereof and (z) Ultimate Holdings may issue Equity Interests from time to time so long as its complies with its obligations under Section 6.2.2(b)(ii) with respect to such issuance..
Business Activities; Issuance of Equity. Not, and not permit any other Loan Party to, engage in any line of business other than the businesses engaged in on the date hereof and businesses reasonably related thereto. Not, and not permit any other Loan Party to, issue any Capital Securities other than (a) any issuance of shares of the Company’s common Capital Securities pursuant to any employee or director option program, benefit plan or compensation program, restricted stock program, employee stock purchase plan, or a public offering or private placement made in compliance with all applicable laws, rules and regulations, and (b) any issuance by a Subsidiary to the Company or another Subsidiary in accordance with Section 11.3.
Business Activities; Issuance of Equity. Not, and not permit any other Loan Party to, engage in any line of business other than the businesses engaged on the date hereof and businesses reasonably related thereto and shall not and not permit any other Loan Party to change its business objectives, purposes or operations if such activities could in any way adversely effect the repayment of the Loans or any other Debt or could reasonably be expected to result in a Material Adverse Effect. Not, and not permit any other Loan Party to, issue any Capital Securities other than (a) any issuance of shares of the Company’s Common Stock pursuant to (i) a stock split approved by the Company’s board of directors or (ii) any employee or director option program, benefit plan or compensation program; (b) any issuance by a Subsidiary to the Company or another Subsidiary in accordance with Section 11.4; or (c) for a merger or acquisition with the prior written consent of the Administrative Agent, which shall not be unreasonably withheld.
Business Activities; Issuance of Equity. Not engage in any line of business other than the businesses engaged in on the date hereof and businesses reasonably related thereto. Not issue any Capital Securities, other than any issuance of shares of the Borrower’s common Capital Securities pursuant to any employee or director option program, benefit plan or compensation program which has been reasonably approved by the Administrative Agent, which approval shall not unreasonably be withheld, delayed or conditioned.
Business Activities; Issuance of Equity. Not, and not permit any other Loan Party or any non-domestic Subsidiary of a Loan Party to, engage in any line of business other than the businesses engaged in on the date hereof and businesses and other activities reasonably incidental thereto or to the operations of a company of the size or nature of any of the Loan Parties. Not, and not permit any other Loan Party (other than the Company) to, issue any Capital Securities other than (a) any issuance of shares of the Company’s common Capital Securities pursuant to any employee or director option program, benefit plan or compensation program or (b) any issuance by a Subsidiary to the Company or another Subsidiary in accordance with Section 11.4.
Business Activities; Issuance of Equity. Not, and not permit any other Loan Party or any Subsidiary of any Loan Party to, engage in any line of business other than the businesses engaged in on the date hereof and businesses reasonably related thereto (such line of business including, but not limited to the in-house underwriting of risk). Not, and not permit any other Loan Party or any Subsidiary of any Loan Party to, issue any Capital Securities (other than any issuance in accordance with Section 10.5 and further issuances of Capital Securities by direct Subsidiaries of Borrower made to the Borrower), provided that this sentence shall not apply to Borrower.
