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

Changes in Capital Structure of Issuers. Except as permitted under the Credit Agreement, the Debtor will not (i) permit or suffer any issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to dissolve, liquidate, retire any of its capital stock or other Instruments or Securities evidencing ownership, reduce its capital or merge or consolidate with any other entity, or (ii) vote any of the Instruments, Securities or other Investment Property in favor of any of the foregoing.

Appears in 4 contracts

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

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Changes in Capital Structure of Issuers. Except as expressly permitted under the Credit Loan Agreement, the Debtor will not (ia) permit or suffer any issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to dissolve, liquidate, retire any of its capital stock or other Instruments or Securities evidencing ownership, reduce its capital or merge or consolidate with any other entity, or (iib) vote any of the Instruments, Securities or other Investment Property in favor of any of the foregoing.

Appears in 4 contracts

Samples: Pledge and Security Agreement (Innovative Food Holdings Inc), Pledge and Security Agreement (Innovative Food Holdings Inc), Pledge and Security Agreement (Innovative Food Holdings Inc)

Changes in Capital Structure of Issuers. Except as permitted under in the Credit Agreement, the Debtor Borrower will not (i) permit or suffer any issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to dissolve, liquidate, retire any of its capital stock or other Instruments or Securities evidencing ownership, reduce its capital or merge or consolidate with any other entity, or (ii) vote any of the Instruments, Securities or other Investment Property in favor of any of the foregoing.

Appears in 2 contracts

Samples: Credit Agreement (Matrix Service Co), Pledge and Security Agreement (Chromcraft Revington Inc)

Changes in Capital Structure of Issuers. Except as permitted under the Credit Agreement, the Debtor The Borrower will not (i) permit or suffer any issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to dissolve, liquidate, retire any of its capital stock or other Instruments or Securities evidencing ownership, reduce its capital or merge or consolidate with any other entity, or (ii) vote any of the Instruments, Instruments or Securities or other Investment Property in favor of any of the foregoing.

Appears in 2 contracts

Samples: Credit Agreement (Obsidian Enterprises Inc), Credit Agreement (Anthony Clark International Insurance Brokers LTD)

Changes in Capital Structure of Issuers. Except as permitted under the Credit Agreement, the Debtor The Borrower will not (i) permit or suffer cause any issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to dissolve, liquidate, retire any of its capital stock or other Instruments or Securities evidencing ownership, reduce its capital or merge or consolidate with any other entity, or (ii) vote any of the Instruments, Instruments or Securities or other Investment Property in favor of any of the foregoing.

Appears in 2 contracts

Samples: General Security Agreement (Bioanalytical Systems Inc), General Security Agreement (Bioanalytical Systems Inc)

Changes in Capital Structure of Issuers. Except as permitted under the Credit Agreement, the No Debtor will not (i) permit or suffer any issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to dissolve, liquidate, retire any of its capital stock or other Instruments or Securities evidencing ownership, reduce its capital or merge or consolidate with any other entity, or (ii) vote any of the Instruments, Securities or other Investment Property in favor of any of the foregoing.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Home Solutions of America Inc), Pledge and Security Agreement (Home Solutions of America Inc)

Changes in Capital Structure of Issuers. Except as permitted under the Credit Agreement, the Debtor Borrower will not (i) permit or suffer any issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to dissolve, liquidate, retire any of its capital stock or other Instruments or Securities evidencing ownership, reduce its capital or merge or consolidate with any other entity, or (ii) vote any of the Instruments, Securities or other Investment Property in favor of any of the foregoing.

Appears in 2 contracts

Samples: Security Agreement (Lilis Energy, Inc.), Security Agreement (HII Technologies, Inc.)

Changes in Capital Structure of Issuers. Except as permitted under the Credit Agreement, the No Debtor will not (ia) permit or suffer any issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to dissolve, liquidate, retire any of its capital stock or other Instruments or Securities evidencing ownership, reduce its capital or merge or consolidate with any other entity, or (iib) vote any of the Instruments, Securities or other Investment Property in favor of any of the foregoing.

Appears in 1 contract

Samples: Security Agreement (Midas Inc)

Changes in Capital Structure of Issuers. Except as permitted under the Credit Agreement, the Debtor The Borrower will not (i) permit or suffer any issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to dissolve, liquidate, retire any of its capital stock or other Instruments or Securities evidencing ownership, reduce its capital or merge or consolidate with any other entity, or (ii) vote any of the Instruments, Securities or other Investment Property in favor of any of the foregoing.

Appears in 1 contract

Samples: Pledge and Security Agreement (Teton Energy Corp)

Changes in Capital Structure of Issuers. Except as permitted under by Section 7.10(e) of the Credit Financing Agreement, the Debtor Term Borrower will not (i) permit or suffer any issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to dissolve, liquidate, retire any of its capital stock or other Instruments or Securities evidencing ownership, reduce its capital or merge or consolidate with any other entity, entity or (ii) vote any of the Instruments, Securities or other Investment Property in favor of any of the foregoing.

Appears in 1 contract

Samples: Pledge and Security Agreement (Sand Springs Railway CO)

Changes in Capital Structure of Issuers. Except The Debtor will not, except as permitted under the Credit Agreement, the Debtor will not Loan Agreement (ia) permit or suffer any affiliated issuer of privately held corporate securities any equity interests or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to dissolve, liquidate, retire any of its capital stock equity interests or other Instruments or Securities evidencing ownership, reduce its capital or merge or consolidate with any other entity, or (iib) vote any of the equity interests, Instruments, Securities or other Investment Property in favor of any of the foregoing.

Appears in 1 contract

Samples: Pledge Agreement (Quest Resource Holding Corp)

Changes in Capital Structure of Issuers. Except as permitted under in --------------------------------------- the Credit AgreementAgreements, the no Debtor will not (i) permit or suffer any issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to dissolve, liquidate, retire any of its capital stock or other Instruments or Securities evidencing ownership, reduce its capital or merge or consolidate with any other entity, or (ii) vote any of the Instruments, Securities or other Investment Property in favor of any of the foregoing.

Appears in 1 contract

Samples: Pledge and Security Agreement (Transit Group Inc)

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Changes in Capital Structure of Issuers. Except as permitted under the Credit Agreement, the The Debtor will not (i) permit or suffer any issuer of privately held corporate company securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to dissolve, liquidate, retire any of its capital stock or other Instruments or Securities evidencing ownership, reduce its capital or merge or consolidate with any other entity, or (ii) vote any of the Instruments, Securities or other Investment Property in favor of any of the foregoing.

Appears in 1 contract

Samples: Pledge and Security Agreement (Mobility Electronics Inc)

Changes in Capital Structure of Issuers. Except as otherwise permitted under the Credit AgreementIndenture, none of the Debtor Issuers will not (i) permit or suffer any issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to dissolve, liquidate, retire any of its capital stock or other Instruments or Securities evidencing ownership, reduce its capital or merge or consolidate with any other entity, or (ii) vote any of the Instruments, Securities or other Investment Property in favor of any of the foregoing.

Appears in 1 contract

Samples: Intercreditor Agreement (Vanguard Natural Resources, LLC)

Changes in Capital Structure of Issuers. Except as permitted under the Credit Agreement, the The Debtor will not (i) permit or suffer any issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to dissolve, liquidate, retire any of its capital stock or other Instruments or Securities evidencing ownership, reduce its capital or merge or consolidate with any other entity, or (ii) vote any of the Instruments, Securities or other Investment Property in favor of any of the foregoing.

Appears in 1 contract

Samples: Continuing Security Agreement (Bancinsurance Corp)

Changes in Capital Structure of Issuers. Except as otherwise permitted under the Credit AgreementIndenture, the such Debtor will not (i) permit or suffer any issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to dissolve, liquidate, retire any of its capital stock or other Instruments or Securities evidencing ownership, reduce its capital or merge or consolidate with any other entity, or (ii) vote any of the Instruments, Securities or other Investment Property in favor of any of the foregoing.

Appears in 1 contract

Samples: Intercreditor Agreement (Vanguard Natural Resources, LLC)

Changes in Capital Structure of Issuers. Except as permitted under the Credit Agreement, the Debtor Borrower will not (i) permit or suffer any issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to dissolve, liquidate, retire any of its capital stock or other Instruments or Securities evidencing ownership, reduce its capital or merge or consolidate with any other entity, or (ii) vote any of the Instruments, Securities or other Investment Property in favor of any of the foregoing.

Appears in 1 contract

Samples: Security Agreement (Magnetek Inc)

Changes in Capital Structure of Issuers. Except as permitted under the Credit Agreement, the Debtor The Borrower will not (i) permit or suffer any issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral controlled by the Borrower to dissolve, liquidate, retire any of its capital stock or other Instruments or Securities evidencing ownership, reduce its capital or merge or consolidate with any other entity, or (ii) vote any of the Instruments, Instruments or Securities or other Investment Property in favor of any of the foregoing.

Appears in 1 contract

Samples: General Security Agreement (Amcast Industrial Corp)

Changes in Capital Structure of Issuers. Except as permitted under by the Credit Agreement, the Debtor will not (i) permit or suffer any issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company Capital Stock constituting Collateral to dissolve, liquidate, or retire any of its capital stock or other Instruments or Securities evidencing ownershipCapital Stock, reduce its capital or merge or consolidate with any other entity, entity or (ii) vote any of the Instruments, Securities or other Investment Property in favor of any of the foregoing.

Appears in 1 contract

Samples: Pledge and Security Agreement (K2 Inc)

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