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

Changes in Capital Structure of Issuers. Such Grantor will not (i) permit or suffer any issuer of Capital Stock constituting Pledged Collateral owned by it to dissolve, merge, liquidate, retire any of its Capital Stock or other Instruments or Securities evidencing ownership, reduce its capital, sell or encumber all or substantially all of its assets (except for Permitted Liens and sales of assets permitted pursuant to Section 4.1(d)) or merge or consolidate with any other entity, or (ii) vote any such Pledged Collateral in favor of any of the foregoing.

Appears in 8 contracts

Samples: Pledge and Security Agreement (Star Group, L.P.), Pledge and Security Agreement (Star Group, L.P.), Pledge and Security Agreement (Star Group, L.P.)

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Changes in Capital Structure of Issuers. Such Except as permitted by Section 6.19 of the Credit Agreement, the Grantor will not (i) permit or suffer any issuer of Capital Stock constituting Pledged Collateral owned by it to dissolve, merge, liquidate, retire any of its Capital Stock or other Instruments or Securities evidencing ownership, reduce its capital, sell or encumber all or substantially all of its assets (except for Permitted Liens and sales of assets permitted pursuant to Section 4.1(d)) or merge or consolidate with any other entityPerson, or (ii) vote any such Pledged Collateral in favor of any of the foregoing.

Appears in 7 contracts

Samples: Pledge and Security Agreement (Magnetek Inc), Pledge and Security Agreement (Magnetek Inc), Pledge and Security Agreement (Magnetek Inc)

Changes in Capital Structure of Issuers. Such Grantor will not (i) permit or suffer any issuer of Capital Stock an Equity Interest constituting Pledged Collateral owned by it to dissolve, merge, liquidate, retire any of its Capital Stock Equity Interests or other Instruments or Securities evidencing ownership, reduce its capital, sell or encumber all or substantially all of its assets (except for Permitted Liens Encumbrances and sales of assets permitted pursuant to Section 4.1(d)) or merge or consolidate with any other entity, or (ii) vote any such Pledged Collateral in favor of any of the foregoing.

Appears in 7 contracts

Samples: Pledge and Security Agreement (Franklin Covey Co), Pledge and Security Agreement (Vera Bradley, Inc.), Pledge and Security Agreement (SEACOR Marine Holdings Inc.)

Changes in Capital Structure of Issuers. Such Grantor will not (i) permit or suffer any issuer of Capital Stock an Equity Interest constituting Pledged Collateral owned by it to dissolve, merge, liquidate, retire any of its Capital Stock Equity Interests or other Instruments or Securities evidencing ownership, reduce its capital, sell or encumber all or substantially all of its assets (except for Permitted Liens Encumbrances and sales of assets Dispositions permitted pursuant to Section 4.1(d)) or merge or consolidate with any other entity, or (ii) vote any such Pledged Collateral in favor of any of the foregoing.

Appears in 4 contracts

Samples: Pledge and Security Agreement (Climb Global Solutions, Inc.), Pledge and Security Agreement (Friedman Industries Inc), Pledge and Security Agreement (PLAYSTUDIOS, Inc.)

Changes in Capital Structure of Issuers. Such Grantor will not (i) permit or suffer any issuer of Capital Stock an Equity Interest constituting Pledged Collateral owned by it which is a Subsidiary to dissolve, merge, liquidate, retire any of its Capital Stock Equity Interests or other Instruments or Securities evidencing ownership, reduce its capital, sell or encumber all or substantially all of its assets (except for Permitted Liens and sales of assets permitted pursuant to Section 4.1(d)) or merge or consolidate with any other entityentity (in each case except as permitted under the Credit Agreement), or (ii) vote any such Pledged Collateral in favor of any of the foregoingforegoing (except as permitted under the Credit Agreement).

Appears in 3 contracts

Samples: Credit Agreement (Arcadium Lithium PLC), Credit Agreement (Livent Corp.), Pledge and Security Agreement (Flywire Corp)

Changes in Capital Structure of Issuers. Such Except as expressly permitted in the Credit Agreement, no Grantor will not (i) permit or suffer any issuer of Capital Stock constituting Pledged Collateral owned by it such Grantor to dissolve, merge, liquidate, retire any of its Capital Stock or other Instruments or Securities evidencing ownership, reduce its capital, sell or encumber all or substantially all of its assets (except for Permitted Liens and sales of assets permitted pursuant to Section 4.1(d)) capital or merge or consolidate with any other entity, or (ii) vote any such Pledged Collateral in favor of any of the foregoing.

Appears in 3 contracts

Samples: Credit Agreement, Credit Agreement (Cypress Energy Partners, L.P.), Credit Agreement (Cypress Energy Partners, L.P.)

Changes in Capital Structure of Issuers. Such Grantor will not (i) permit or suffer any issuer of Capital Stock an Equity Interest constituting Pledged Collateral owned by it to dissolve, merge, liquidate, retire any of its Capital Stock or other Instruments or Securities evidencing ownership, reduce its capital, sell or encumber all or substantially all of its assets (except for Permitted Liens and sales of assets permitted pursuant to Section 4.1(d)) or merge into or consolidate with any other entityPerson, or permit any other Person to merge into or consolidate with it, or liquidate or dissolve, except in each case as permitted under Section 6.03 of the Credit Agreement or (ii) vote any such Pledged Collateral in favor of any of the foregoing, except as permitted under Section 6.03 of the Credit Agreement.

Appears in 2 contracts

Samples: Pledge and Security Agreement (InfuSystem Holdings, Inc), Pledge and Security Agreement (InfuSystem Holdings, Inc)

Changes in Capital Structure of Issuers. Such Except as permitted pursuant to the Credit Agreement, such Grantor will not (i) permit or suffer any issuer of Capital Stock an Equity Interest of its Subsidiaries constituting Pledged Collateral owned by it to dissolve, merge, liquidate, retire any of its Capital Stock Equity Interests or other Instruments or Securities evidencing ownership, reduce its capital, sell or encumber all or substantially all of its assets (except for Permitted Liens and sales of assets permitted pursuant to Section 4.1(d)) or merge or consolidate with any other entity, or (ii) vote any such Pledged Collateral in favor of any of the foregoing.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Urban Outfitters Inc), Pledge and Security Agreement (Urban Outfitters Inc)

Changes in Capital Structure of Issuers. Such Grantor will not (i) permit or suffer any issuer of Capital Stock an Equity Interest constituting Pledged Collateral owned by it to dissolve, consummate a Division, merge, liquidate, retire any of its Capital Stock Equity Interests or other Instruments or Securities evidencing ownership, reduce its capital, sell or encumber all or substantially all of its assets (except for Permitted Liens and sales of assets permitted pursuant to Section 4.1(d)) or merge or consolidate with any other entity, in each case except as permitted by the Credit Agreement, or (ii) vote any such Pledged Collateral in favor of any of the foregoing.

Appears in 1 contract

Samples: Patent Security Agreement (Farmer Brothers Co)

Changes in Capital Structure of Issuers. Such Grantor will not (i) 1. permit or suffer any issuer of Capital Stock an Equity Interest constituting Pledged Collateral owned by it to dissolve, merge, liquidate, retire any of its Capital Stock or other Instruments Equity Interests or Securities evidencing ownership, reduce its capital, sell or encumber all or substantially all of its assets (except for Permitted Excepted Liens and sales of assets permitted pursuant to Section 4.1(d5.1(d)) or merge or consolidate with any other entityentity (except as permitted by Section 9.10 of the Credit Agreement), or (ii) 2. vote any such Pledged Collateral in favor of any of the foregoing.

Appears in 1 contract

Samples: Credit Agreement (Approach Resources Inc)

Changes in Capital Structure of Issuers. Such The Grantor will not (i) permit or suffer any issuer of Capital Stock an Equity Interest constituting Pledged Collateral owned by it to dissolve, merge, liquidate, retire any of its Capital Stock Equity Interests or other Instruments or Securities evidencing ownership, reduce its capital, sell or encumber all or substantially all of its assets (except for Permitted Liens and sales of assets permitted pursuant to Section 4.1(d)) or merge or consolidate with any other entity, or (ii) vote any such Pledged Collateral in favor of any of the foregoing.

Appears in 1 contract

Samples: Pledge and Security Agreement (Supreme Industries Inc)

Changes in Capital Structure of Issuers. Such Grantor will not (i) permit or suffer any issuer of Capital Stock an Equity Interest constituting Pledged Collateral owned by it which is a Subsidiary to dissolve, merge, liquidate, retire any of its Capital Stock Equity Interests or other Instruments or Securities evidencing ownership, reduce its capital, sell or encumber all or substantially all of its assets (except for Permitted Liens and sales of assets permitted pursuant to Section 4.1(d)) or merge or consolidate with any other entityentity (in each case except as permitted under the Credit Agreement), or (ii) vote any such Pledged Collateral in favor of any of the foregoing.foregoing (except as permitted under the Credit Agreement). (b)

Appears in 1 contract

Samples: Credit Agreement (Livent Corp.)

Changes in Capital Structure of Issuers. Such Grantor will not (i) permit or suffer any issuer of Capital Stock an Equity Interest constituting Pledged Collateral owned by it to dissolve, merge, liquidate, retire any of its Capital Stock Equity Interests or other Instruments or Securities evidencing ownership, reduce its capital, sell or encumber all or substantially all of its assets (except for Permitted Liens and sales of assets permitted pursuant to Section 4.1(d)) or merge or consolidate with any other entity, entity or (ii) vote any such Pledged Collateral in favor of any of the foregoing, in each case, except as otherwise permitted under the Credit Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Gorman Rupp Co)

Changes in Capital Structure of Issuers. Such Grantor will not (i) permit or suffer any issuer of Capital Stock an Equity Interest constituting Pledged Collateral owned by it to dissolve, merge, liquidate, retire any of its Capital Stock Equity Interests or other Instruments or Securities evidencing ownership, reduce its capital, sell or encumber all or substantially all of its assets (except for Permitted Liens and sales of assets permitted pursuant to Section 4.1(d)) or merge or consolidate with any other entity, in each case except as permitted by the Credit Agreement, or (ii) vote any such Pledged Collateral in favor of any of the foregoing.

Appears in 1 contract

Samples: Pledge and Security Agreement (Farmer Brothers Co)

Changes in Capital Structure of Issuers. Such Grantor will not (i) permit or suffer any issuer of Capital Stock privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Pledged Collateral owned by it to dissolve, merge, liquidate, retire any of its Capital Stock capital stock or other Instruments or Securities evidencing ownership, reduce its capital, sell or encumber all or substantially all of its assets (except for Permitted Liens and sales of assets permitted pursuant to Section 4.1(d)) capital or merge or consolidate with any other entity, or (ii) vote any such Pledged Collateral in favor of any of the foregoing.or

Appears in 1 contract

Samples: Pledge Agreement

Changes in Capital Structure of Issuers. Such Grantor will not (i) permit or suffer any issuer of Capital Stock constituting Pledged Collateral owned by it to dissolve, merge, liquidate, retire any of its Capital Stock or other Instruments or Securities Investment Property evidencing ownership, reduce its capital, sell or encumber all or substantially all of its assets (except for Permitted Liens and sales of assets permitted pursuant to Section 4.1(d)) or merge or consolidate with any other entity, or (ii) vote any such Pledged Collateral in favor of any of the foregoing.

Appears in 1 contract

Samples: Membership Interest Pledge Agreement (Nevada Gold & Casinos Inc)

Changes in Capital Structure of Issuers. Such Grantor will not (i) permit or suffer any issuer of Capital Stock constituting Pledged Collateral owned by it to dissolve, merge, liquidate, retire any of its Capital Stock or other Instruments or Securities evidencing ownership, reduce its capital, sell or encumber all or substantially all of its assets (except for Permitted Liens and sales of assets permitted pursuant to Section 4.1(d)) or merge or consolidate with any other entityentity (other than in connection with a Permitted Acquisition), or (ii) vote any such Pledged Collateral in favor of any of the foregoing.

Appears in 1 contract

Samples: Pledge and Security Agreement (Newpark Resources Inc)

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Changes in Capital Structure of Issuers. Such Grantor will not (i) permit vote to approve or suffer consent to any issuer of Capital Stock an Equity Interest constituting Pledged Collateral owned by it to dissolve, merge, liquidate, retire any of its Capital Stock Equity Interests or other Instruments or Securities evidencing ownership, reduce its capital, sell or encumber all or substantially all of its assets (except for Permitted Liens and sales of assets permitted pursuant to Section 4.1(d)) or merge or consolidate with any other entity, or (ii) vote any such Pledged Collateral in favor of any of each case unless otherwise permitted under the foregoingCredit Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Archrock Partners, L.P.)

Changes in Capital Structure of Issuers. Such The Grantor will not (i) permit or suffer any issuer of Capital Stock an Equity Interest constituting Pledged Collateral owned by it to dissolve, merge, liquidate, retire any of its Capital Stock Equity Interests or other Instruments or Securities evidencing ownership, reduce its capital, sell or encumber all or substantially all of its assets (except for Permitted Liens and sales of assets permitted pursuant to Section 4.1(d)) or in the Credit Agreement) or merge or consolidate with any other entity, or (ii) vote any such Pledged Collateral in favor of any of the foregoing.

Appears in 1 contract

Samples: Pledge and Security Agreement (Material Sciences Corp)

Changes in Capital Structure of Issuers. Such No Grantor will not (i) permit or suffer any issuer of Capital Stock constituting Pledged Collateral owned by it to dissolve, merge, liquidate, retire any of its Capital Stock or other Instruments or Securities evidencing ownership, reduce its capital, sell or encumber all or substantially all of its assets (except for Permitted Liens and sales of assets permitted pursuant to Section 4.1(d)) or merge or consolidate with any other entity, or (ii) vote any such Pledged Collateral in favor of any of the foregoing.

Appears in 1 contract

Samples: Pledge and Security Agreement (Nevada Gold & Casinos Inc)

Changes in Capital Structure of Issuers. Such No Grantor will not (i) permit or suffer any issuer of Capital Stock an Equity Interest constituting Pledged Collateral owned by it to dissolve, merge, liquidate, retire any of its Capital Stock Equity Interests or other Instruments or Securities evidencing ownership, reduce its capital, sell or encumber all or substantially all of its assets (except for Permitted Liens Encumbrances and sales of assets permitted pursuant to Section 4.1(d)) or merge or consolidate with any other entity, or (ii) vote any such Pledged Collateral in favor of any of the foregoing.

Appears in 1 contract

Samples: Pledge and Security Agreement (Systemax Inc)

Changes in Capital Structure of Issuers. Such Except as permitted by the Credit Agreement, such Grantor will not (i) permit or suffer any issuer of Capital Stock an Equity Interest constituting Pledged Collateral owned by it and which is a Subsidiary of Parent to dissolve, merge, liquidate, retire any of its Capital Stock Equity Interests or other Instruments or Securities evidencing ownership, reduce its capital, sell or encumber all or substantially all of its assets (except for Permitted Liens and sales of assets permitted pursuant to Section 4.1(d)) or merge or consolidate with any other entity, or (ii) vote any such Pledged Collateral in favor of any of the foregoing.

Appears in 1 contract

Samples: Pledge and Security Agreement (Geokinetics Inc)

Changes in Capital Structure of Issuers. Such Grantor will not (i) permit or suffer any issuer of Capital Stock an Equity Interest constituting Pledged Collateral owned by it to dissolve, merge, liquidate, retire any of its Capital Stock Equity Interests or other Instruments or Securities evidencing ownership, reduce its capital, sell or encumber all or substantially all of its assets (except for Permitted Liens and sales of assets permitted pursuant to Section 4.1(d)) or merge or consolidate with any other entityentity (except for Permitted Encumbrances and Dispositions permitted pursuant to Section 4.1(d)), or (ii) vote any such Pledged Collateral in favor of any of the foregoing.

Appears in 1 contract

Samples: Pledge and Security Agreement (Myriad Genetics Inc)

Changes in Capital Structure of Issuers. Such Except as permitted in the Credit Agreement, the Grantor will not (i) permit or suffer any issuer of Capital Stock privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Pledged Collateral owned by it to dissolve, merge, liquidate, retire any of its Capital Stock capital stock or other Instruments or Securities evidencing ownership, reduce its capital, sell or encumber all or substantially all of its assets (except for Permitted Liens and sales of assets permitted pursuant to Section 4.1(d)) capital or merge or consolidate with any other entity, or (ii) vote any such Pledged Collateral of the Instruments, Securities or other Investment Property in favor of any of the foregoing.

Appears in 1 contract

Samples: Pledge and Security Agreement (Matrix Service Co)

Changes in Capital Structure of Issuers. Such The Grantor will not (i) permit or suffer any issuer of Capital Stock an Equity Interest constituting Pledged Collateral owned by it to dissolve, merge, liquidate, retire any of its Capital Stock Equity Interests or other Instruments or Securities evidencing ownership, reduce its capital, sell or encumber all or substantially all of its assets (except for Permitted Liens and Encumbrances, sales of assets permitted pursuant to Section 4.1(d) and mergers or consolidations permitted under Section 6.03 of the Credit Agreement)) or merge or consolidate with any other entity, or (ii) vote any such Pledged Collateral in favor of any of the foregoing.

Appears in 1 contract

Samples: Pledge and Security Agreement (Superior Offshore International Inc.)

Changes in Capital Structure of Issuers. Such Grantor will not not, except to the extent expressly permitted by the Credit Agreement, (i) permit or suffer any issuer of Capital Stock constituting Pledged Collateral owned by it other Grantor or Subsidiary thereof to dissolve, merge, liquidate, retire any of its Capital Stock capital stock or other Instruments or Securities evidencing ownership, reduce its capital, sell or encumber all or substantially all of its assets (except for Permitted Liens and sales of assets permitted pursuant to Section 4.1(d)) or merge or consolidate with any other entity, or (ii) vote any such Pledged Collateral in favor of any of the foregoing.

Appears in 1 contract

Samples: Credit Agreement (Smurfit Stone Container Corp)

Changes in Capital Structure of Issuers. Such Except as permitted in the Credit Agreement or hereunder, the Grantor will not (i) permit or suffer any issuer of Capital Stock an Equity Interest constituting Pledged Collateral owned by it to dissolve, merge, liquidate, retire any of its Capital Stock Equity Interests or other Instruments or Securities evidencing ownership, reduce its capital, sell or encumber all or substantially all of its assets (except for Permitted Liens and sales of assets permitted pursuant to Section 4.1(d)) or merge or consolidate with any other entity, or (ii) vote any such Pledged Collateral in favor of any of the foregoing.

Appears in 1 contract

Samples: Pledge and Security Agreement (Altra Holdings, Inc.)

Changes in Capital Structure of Issuers. Such Grantor will not (i) permit or suffer any issuer of Capital Stock an Equity Interest constituting Pledged Collateral owned by it to dissolve, merge, liquidate, retire any of its Capital Stock Equity Interests or other Instruments or Securities evidencing ownership, reduce its capital, sell or encumber all or substantially all of its assets (except for Permitted Liens permitted by Section 4.1(e) and sales of assets permitted pursuant to Section 4.1(d)) or merge or consolidate with any other entity, or (ii) vote any such Pledged Collateral in favor of any of the foregoing, except, in each case, to the extent permitted by the Credit Agreement or any other Loan Document.

Appears in 1 contract

Samples: Pledge and Security Agreement (Clarus Corp)

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