Common use of Changes in Capital Structure of Issuer Clause in Contracts

Changes in Capital Structure of Issuer. Except as otherwise provided in the Credit Agreement, (a) permit or suffer any issuer of the Pledged Stock to dissolve, liquidate, retire any of its capital stock, reduce its capital or merge or consolidate with any other Person, or (b) vote any of the Pledged Stock or Stock Rights in favor of any of the foregoing.

Appears in 3 contracts

Samples: Pledge Agreement (Gibraltar Packaging Group Inc), Pledge Agreement (Platinum Entertainment Inc), Pledge Agreement (Gibraltar Packaging Group Inc)

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Changes in Capital Structure of Issuer. Except as otherwise provided in the Credit Agreement, (a) permit Permit or suffer any issuer of the Pledged Stock to dissolve, liquidate, retire any of its capital stock, reduce its capital or merge or consolidate with any other Person, or (b) vote any of the Pledged Stock or Stock Rights in favor of any of the foregoing.

Appears in 2 contracts

Samples: Pledge Agreement (Lois/Usa Inc), Pledge Agreement (Lois/Usa Inc)

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