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

Changes in Capital Structure of Issuers. Except as otherwise permitted under the Credit Agreement, none of the Grantors will vote any of the Securities, Ownership Interests or other Investment Property in favor of, or take any other action to permit or suffer, any issuer of privately held corporate securities or other ownership interests in a corporation, limited partnership, general partnership, joint venture or limited liability company constituting Collateral to dissolve, liquidate, retire any of its capital stock, Ownership Interests or other Securities evidencing ownership, reduce its capital or merge or consolidate with any other entity.

Appears in 2 contracts

Samples: Credit Agreement (Lilis Energy, Inc.), Pledge and Security Agreement (Gastar Exploration Inc.)

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Changes in Capital Structure of Issuers. Except as otherwise permitted under in the Credit Agreement, none of the Grantors no Grantor will vote any of the Securities, Ownership Interests or other Investment Property in favor of, or take any other action to permit or suffer, any issuer of privately held corporate securities or other ownership interests in a corporation, limited partnership, general partnership, joint venture or limited liability company constituting Collateral owned by such Grantor to dissolve, liquidate, retire any of its capital stock, Ownership Interests stock or other Instruments or Securities evidencing ownership, reduce its capital or merge or consolidate with any other entity.

Appears in 1 contract

Samples: Pledge and Security Agreement (Layne Christensen Co)

Changes in Capital Structure of Issuers. Except as otherwise permitted under the Credit Agreement, none of the Grantors will vote any of the Securities, Ownership Interests or other Investment Property in favor of, or take any other action to (i) permit or suffer, suffer any issuer of privately held corporate securities or other ownership interests in a corporation, limited partnership, general partnership, joint venture or limited liability company constituting Collateral to dissolve, liquidate, retire any of its capital stock, Ownership Interests or other Securities evidencing ownership, reduce its capital or merge or consolidate with any other entity, or (ii) vote any of the Pledged Securities in favor of any of the foregoing.

Appears in 1 contract

Samples: Credit Agreement (Range Resources Corp)

Changes in Capital Structure of Issuers. Except as otherwise permitted under the Credit Agreement, none of the Grantors will vote any of the Securities, Ownership Interests or other Investment Property in favor of, or take any other action to (i) permit or suffer, suffer any issuer of privately held corporate securities or other ownership interests in a corporation, limited partnership, general partnership, joint venture or limited liability company constituting Collateral to dissolve, liquidate, retire any of its capital stock, Ownership Interests 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 Securities or other Investment Property in favor of any of the foregoing.

Appears in 1 contract

Samples: Pledge and Security Agreement (Gasco Energy Inc)

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Changes in Capital Structure of Issuers. Except as otherwise permitted under the Credit Agreement, none of the Grantors will vote any of the Securities, Ownership Interests or other Investment Property in favor of, or take any other action to permit or suffer, any issuer of privately held corporate securities or other ownership interests in a corporation, limited partnership, general partnership, joint venture or limited liability company constituting Collateral to dissolve, liquidate, retire any of its capital stockEquity Interests, Ownership Interests or other Securities evidencing ownership, reduce its capital or merge or consolidate with any other entity.

Appears in 1 contract

Samples: Intercreditor Agreement (Lilis Energy, Inc.)

Changes in Capital Structure of Issuers. Except as otherwise permitted under the Credit AgreementIndenture, none of the Grantors will vote any of the SecuritiesEquity Interests, Ownership Interests or other Investment Property in favor of, or take any other action to permit or suffer, any issuer of privately held corporate securities or other ownership interests in a corporation, limited partnership, general partnership, joint venture or limited liability company constituting Collateral to dissolve, liquidate, retire any of its capital stock, Ownership Interests or other Securities Equity Interests evidencing ownership, reduce its capital or merge or consolidate with any other entity.

Appears in 1 contract

Samples: Pledge and Security Agreement (Gastar Exploration Inc.)

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