Changes in Capital Structure of Issuers. The Grantor will not (i) permit or suffer any issuer of an Equity Interest constituting Pledged Collateral to dissolve, merge, liquidate or retire any of its Equity Interests, or (ii) vote any Pledged Collateral in favor of any of the foregoing.
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Samples: Pledge and Security Agreement (Bluestem Brands, Inc.), Security Agreement (Bluestem Brands, Inc.), Pledge and Security Agreement (Bluestem Brands, Inc.)
Changes in Capital Structure of Issuers. The Except as permitted in the Credit Agreement, no Grantor will not (i) permit or suffer any issuer of an Pledged Equity Interest constituting Pledged Collateral owned by such Grantor to dissolve, mergeliquidate, liquidate or retire any of its Equity InterestsCapital Stock, reduce its capital or merge or consolidate with any other entity, or (ii) vote any of the Pledged Collateral Equity in favor of any of the foregoing, except to the extent permitted under the Credit Agreement.
Appears in 4 contracts
Samples: Pledge and Security Agreement (Meritor Inc), Pledge and Security Agreement (Meritor Inc), Pledge and Security Agreement (Meritor Inc)
Changes in Capital Structure of Issuers. The Grantor will not (i) permit or suffer any issuer of an Equity Interest constituting Pledged Collateral to dissolve, merge, liquidate or retire any of its Equity Interests, or (ii) vote any Pledged Collateral in favor of any of the foregoing.. (b)
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Samples: Pledge and Security Agreement
Changes in Capital Structure of Issuers. The Except as permitted by Section 6.12 of the Credit Agreement, no Grantor will not (i) permit or suffer any issuer of an Equity Interest corporate securities constituting Pledged Collateral which issuer is controlled by such Grantor to dissolve, mergeliquidate, liquidate or retire any of its Equity Interestscapital stock, reduce its capital or merge or consolidate with any other entity, or (ii) vote any Pledged Collateral of the Instruments in favor of any of the foregoing.
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Samples: 1 Subsidiary Security Agreement (Jacor Communications Inc)
Changes in Capital Structure of Issuers. The No Grantor will not (i) permit or suffer any issuer of an Equity Interest corporate securities constituting Pledged Collateral which issuer is controlled by such Grantor to dissolve, mergeliquidate, liquidate or retire any of its Equity Interestscapital stock, reduce its capital or merge or consolidate with any other entity, or (ii) vote any Pledged Collateral of the Instruments in favor of any of the foregoing.
Appears in 1 contract
Samples: Intercompany Security Agreement and Financing (Jacor Communications Inc)
Changes in Capital Structure of Issuers. The No Grantor will not (i) permit or suffer any issuer that it controls of an Equity Interest Interests constituting Pledged Collateral owned by such Grantor to dissolve, mergeliquidate, liquidate or retire any of its Equity InterestsInterests evidencing ownership, reduce its capital or merge or consolidate with any other entity, or (ii) vote any Pledged Collateral of the Equity Interests in favor of any of the foregoing.
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