Common use of Capital Structure and Business Clause in Contracts

Capital Structure and Business. If all or part of a Credit Party's Stock is pledged to Agent, that Credit Party shall not issue additional Stock. No Credit Party shall amend its charter or bylaws in a manner that would adversely affect Agent or Lenders or such Credit Party's duty or ability to repay the Obligations. No Credit Party shall engage in any business other than the businesses currently engaged in by it or businesses reasonably related thereto.

Appears in 7 contracts

Samples: Credit Agreement (Reading International Inc), Credit Agreement (Thermadyne Holdings Corp /De), Credit Agreement (Reading International Inc)

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Capital Structure and Business. If all or part of a Credit Party's ’s Stock is pledged to Agent, that Credit Party shall not issue additional Stock. No Credit Party shall amend its charter or bylaws in a manner that would adversely affect Agent or Lenders or such Credit Party's ’s duty or ability to repay the Obligations. No Credit Party shall engage in any business other than the businesses currently engaged in by it or businesses reasonably related thereto.

Appears in 4 contracts

Samples: Credit Agreement (Thermadyne Holdings Corp /De), Credit Agreement (Perfumania Holdings, Inc.), Credit Agreement (Caraustar Industries Inc)

Capital Structure and Business. If all or part of a Credit Party's ’s Stock is pledged to Agent, that Credit Party shall not issue additional Stock. No Credit Party shall amend its charter or bylaws in a manner that would adversely affect Agent or Lenders or such Credit Party's ’s duty or ability to repay the Obligations. No Credit Party shall engage in any business other than the businesses currently engaged in by it or businesses reasonably related theretoit.

Appears in 4 contracts

Samples: Credit Agreement (Rowe Companies), Credit Agreement (Omni Energy Services Corp), Credit Agreement (Omni Energy Services Corp)

Capital Structure and Business. If all or part of a Credit Party's ’s Stock is pledged to Agent, that Credit Party shall not issue additional Stock. No Credit Party shall amend its charter or bylaws in a manner that would adversely affect Agent or Lenders or such Credit Party's ’s duty or ability to repay the its Obligations. No Credit Party shall engage in any business other than the businesses currently engaged in by it or businesses reasonably related thereto.

Appears in 3 contracts

Samples: Credit Agreement, Credit Agreement (Blockbuster Inc), Credit Agreement

Capital Structure and Business. If all or part of a Credit Party's ’s Stock is pledged to Agent, that Credit Party shall not issue additional StockStock unless such Stock is pledged to Agent as security for the Obligations. No Credit Party shall amend its charter or bylaws in a manner that would adversely affect Agent Agent’s or Lenders Lenders’ interest under the Loan Documents or such Credit Party's ’s duty or ability to repay the Obligations. No Credit Party shall engage in any business other than the businesses currently engaged in by it or businesses reasonably related thereto.

Appears in 2 contracts

Samples: Credit Agreement (Insteel Industries Inc), Credit Agreement (Insteel Industries Inc)

Capital Structure and Business. If all or part of a Credit Party's ’s Stock is pledged to the Administrative Agent, that Credit Party shall not issue additional Stock. No Credit Party shall amend its charter or bylaws in a manner that would adversely affect the Administrative Agent or the Lenders or such Credit Party's ’s duty or ability to repay the Obligations. No Credit Party shall engage in any business other than the businesses currently engaged in by it or businesses reasonably related thereto.

Appears in 2 contracts

Samples: Second Lien Credit Agreement (Thermadyne Holdings Corp /De), Second Lien Credit Agreement (Thermadyne Holdings Corp /De)

Capital Structure and Business. If all or part of a Credit Party's Stock is pledged to Agent, that Credit Party shall not issue additional Stock. No Credit Party shall amend its charter or bylaws in a manner that would adversely affect Agent or Lenders or such Credit Party's duty or ability to repay the Obligations. No Credit Party shall engage in any business other than the businesses currently engaged in by it or businesses reasonably related theretothereto as determined in Agent's reasonable credit judgment.

Appears in 2 contracts

Samples: Credit Agreement (Ddi Corp), Credit Agreement (Ddi Corp)

Capital Structure and Business. If all or part of a Credit Party's ’s Stock is pledged to Agent, that Credit Party shall not issue additional Stock. No Credit Party shall amend its charter or bylaws in a manner that would adversely affect Agent or Lenders or such Credit Party's ’s duty or ability to repay the Obligations. No Credit Party shall engage in any business other than the businesses currently engaged in by it or businesses reasonably related theretothereto as determined in Agent’s reasonable credit judgment.

Appears in 1 contract

Samples: Credit Agreement (Ddi Corp)

Capital Structure and Business. If all or part of a Credit Party's Stock is pledged to Agent, that Credit Party shall not issue additional Stock. No Credit Party shall amend its charter or bylaws in a manner that would adversely affect Agent or Lenders or such Credit Party's duty or ability to repay the Obligations. No Credit Party shall engage in any business other than the businesses currently engaged in by it or businesses reasonably related thereto.it. Credit Agreement (Omni)

Appears in 1 contract

Samples: Credit Agreement (Omni Energy Services Corp)

Capital Structure and Business. If all or part of a Credit Party's ’s Stock is pledged to Agent, that Credit Party shall not issue additional StockStock unless such Stock is pledged to Agent, on behalf of itself and Lenders, on terms and conditions reasonably satisfactory to Agent. No Credit Party shall amend its charter or bylaws in a manner that would adversely affect Agent or Lenders or such Credit Party's ’s duty or ability to repay the Obligations. No Credit Party shall engage in any business other than the businesses currently engaged in by it or businesses reasonably related thereto.

Appears in 1 contract

Samples: Credit Agreement (Huttig Building Products Inc)

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Capital Structure and Business. If all or part of a Credit Party's Stock is pledged to Agentthe Agents, that Credit Party shall not issue additional StockStock unless such additional Stock is similarly pledged to the Agents. No Credit Party shall amend its charter or bylaws in a manner that would adversely affect Agent the Agents or Lenders or such Credit Party's duty or ability to repay the Obligations. No Credit Party shall engage in any business other than the businesses currently engaged in by it or on the Closing Date and businesses reasonably related complimentary thereto.

Appears in 1 contract

Samples: Credit Agreement (Coffeyville Resources, Inc.)

Capital Structure and Business. If all or part of a Credit Party's ’s Stock is pledged to Agent, that Credit Party shall not issue additional Stock. No Credit Party shall amend its charter or bylaws in a manner that would adversely affect Agent or Lenders or such Credit Party's ’s duty or ability to repay the Obligations. No Credit Party shall engage in any business other than the businesses currently engaged in by it the Credit Parties or businesses reasonably related thereto.

Appears in 1 contract

Samples: Credit Agreement (Caraustar Industries Inc)

Capital Structure and Business. If all or part of a Credit Party's ’s Stock is pledged to Agent, that Credit Party shall not issue additional StockStock unless such additional Stock is concurrently pledged to Agent. No Credit Party shall amend its charter or bylaws in a manner that would adversely affect Agent or Lenders or such Credit Party's ’s duty or ability to repay the Obligations. No Credit Party shall engage in any business other than the businesses currently engaged in by it or businesses reasonably related thereto.

Appears in 1 contract

Samples: Credit Agreement (Finlay Fine Jewelry Corp)

Capital Structure and Business. If all or part of a Credit Party's Stock is pledged to Agent, North American Collateral Agent or European Agent, as the case may be, that Credit Party shall not issue additional StockStock or make any change in its issued and outstanding share structure described in Disclosure Schedule (3.8) that could adversely affect any or all of the Lenders. No Credit Party shall amend its charter or constating documents, or bylaws in a manner that would adversely affect Agent or Lenders or such Credit Party's duty or ability to repay the Obligations. No Credit Party shall engage in any business other than the businesses currently engaged in by it or businesses reasonably related theretoit.

Appears in 1 contract

Samples: Credit Agreement (Samsonite Corp/Fl)

Capital Structure and Business. If all or part of a Credit Party's ’s Stock is pledged to Agent, that Credit Party shall not issue additional Stock. No Credit Party shall amend its charter or bylaws in a manner that would adversely affect Agent or Lenders or such Credit Party's ’s duty or ability to repay the Obligations; provided that the terms of the Borrower LLC Agreement may not be amended without the express prior written consent of the Agent. No Credit Party shall engage in any business other than the businesses currently engaged in by it or businesses reasonably related theretoit.

Appears in 1 contract

Samples: Credit Agreement (Energy Coal Resources, Inc.)

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