Changes in Capital Structure of Issuers. No Grantor will (i) permit or suffer any issuer of an Equity Interest constituting Pledged Collateral to dissolve, merge, liquidate, retire any of its 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 Encumbrances and sales of assets permitted pursuant to Section 4.1(d)) or merge, amalgamate or consolidate with any other entity, or (ii) vote any Pledged Collateral in favor of any of the foregoing, except in each case to the extent permitted by the Credit Agreement.
Appears in 3 contracts
Samples: Pledge and Security Agreement (Core-Mark Holding Company, Inc.), Pledge and Security Agreement (Core-Mark Holding Company, Inc.), Pledge and Security Agreement (Core-Mark Holding Company, Inc.)
Changes in Capital Structure of Issuers. No Such Grantor will not (i) permit or suffer any issuer of an Equity Interest constituting Pledged Collateral owned by it to dissolve, merge, liquidate, retire any of its 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 Encumbrances and sales of assets permitted pursuant to Section 4.1(d)) or merge, amalgamate 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 except as permitted under the extent permitted by the Credit Loan Agreement.
Appears in 2 contracts
Samples: Pledge and Security Agreement (Wanxiang Group Corp), Pledge and Security Agreement (A123 Systems, Inc.)
Changes in Capital Structure of Issuers. No Grantor Subject to the terms of the Credit Agreement, the Borrower will not (i) permit or suffer any issuer of an Equity Interest constituting Pledged Collateral to dissolve, merge, liquidate, retire any of its 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 Encumbrances and sales of assets permitted pursuant to Section 4.1(d)) or merge, amalgamate merge or consolidate with any other entity, or (ii) vote any Pledged Collateral in favor of any of the foregoing, except in each case to the extent permitted by the Credit Agreement.
Appears in 2 contracts
Samples: Pledge and Security Agreement (Mam Software Group, Inc.), Pledge and Security Agreement (Mam Software Group, Inc.)
