Dilution of Ownership. The issuer of any securities (other than securities of a class which are publicly traded) constituting Collateral hereafter issues any shares of any class of capital stock (unless immediately upon issuance, additional securities are pledged and delivered to Secured Party pursuant to the terms hereof to the extent necessary to give Secured Party a security interest after such issuance in at least the same percentage of such issuer's outstanding securities as Secured Party had before such issuance) or any options, warrants or other rights to purchase any such capital stock; or
Appears in 7 contracts
Samples: Loan Agreement (Citizens Inc), Pledge Agreement (Amx Corp /Tx/), Commercial Security Agreement (United Heritage Corp)
Dilution of Ownership. The issuer of any securities (other than securities of a class which are publicly traded) constituting Collateral hereafter issues any shares of any class of capital stock (unless immediately upon issuance, additional securities are pledged and delivered to Secured Party pursuant to the terms hereof to the extent necessary to give Secured Party a security interest after such issuance in at least the same percentage of such issuer's ’s outstanding securities as Secured Party had before such issuance) or any options, warrants or other rights to purchase any such capital stock; or;
Appears in 4 contracts
Samples: Pledge and Security Agreement (Rush William M Rusty), Pledge and Security Agreement, Pledge and Security Agreement (CBTX, Inc.)
Dilution of Ownership. The issuer of any securities (other than securities of a class which are publicly traded) constituting Collateral hereafter issues any shares of any class of capital stock (unless immediately upon issuance, additional securities are pledged and delivered to Secured Party pursuant to the terms hereof to the extent necessary to give Secured Party a security interest after such issuance in at least the same percentage of such issuer's outstanding securities as Secured Party had before such issuance) or any options, warrants or other rights to purchase any such capital stock; or.
Appears in 4 contracts
Samples: Note Purchase Agreement (Obsidian Enterprises Inc), Stock Purchase Agreement (Gainsco Inc), Pledge Agreement (Gainsco Inc)
Dilution of Ownership. The issuer of any securities (other than securities of a class which are publicly traded) constituting Collateral hereafter issues any shares of any class of capital stock (unless immediately upon issuance, additional securities are pledged and delivered to Secured Party pursuant to the terms hereof to the extent necessary to give Secured Party a security interest after such issuance in at least the same percentage of such issuer's outstanding securities as Secured Party had before such issuance) or any options, warrants or other rights to purchase any such capital stock; or;
Appears in 3 contracts
Samples: Pledge and Security Agreement (Stellar Bancorp, Inc.), Pledge and Security Agreement (CBTX, Inc.), Pledge and Security Agreement (CBTX, Inc.)
Dilution of Ownership. The issuer of any securities (other than securities of a class which are publicly traded) constituting Collateral hereafter issues any shares of any class of capital stock (unless immediately upon issuance, additional securities are pledged and delivered to Secured Party Lender pursuant to the terms hereof to the extent necessary to give Secured Party Lender a security interest after such issuance in at least the same percentage of such issuer's ’s outstanding securities as Secured Party Lender had before such issuance) or any options, warrants or other rights to purchase any such capital stock; or
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Samples: Pledge and Security Agreement (Armada Oil, Inc.), Pledge and Security Agreement (Mesa Energy Holdings, Inc.)
Dilution of Ownership. The issuer of any securities (other than --------------------- securities of a class which are publicly traded) constituting Collateral hereafter issues any shares of any class of capital stock (unless immediately upon issuance, additional securities are pledged and delivered to Secured Party Parties pursuant to the terms hereof to the extent necessary to give Secured Party Parties a security interest after such issuance in at least the same percentage of such issuer's outstanding securities as Secured Party Parties had before such issuance) or any options, warrants or other rights to purchase any such capital stock; or
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Dilution of Ownership. The issuer of any securities (other than securities of a class which are publicly traded) constituting Collateral hereafter issues any shares of any class of capital stock (unless immediately upon issuance, additional securities are pledged and delivered to Secured Party pursuant to the terms hereof to the extent necessary to give Secured Party a security interest after such issuance in at least the same percentage of such issuer's outstanding securities as Secured Party had before such issuance) or any options, warrants or other rights to purchase any such capital stock; or
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Samples: Security Agreement (Citizens Inc)
Dilution of Ownership. The issuer of any securities (other than securities of a class which are publicly traded) constituting Collateral hereafter issues any shares of any class of capital stock (unless immediately upon issuance, issuance additional securities are pledged and delivered to Secured Party pursuant to the terms hereof to the extent necessary to give Secured Party a security interest after such issuance in at least the same percentage of such issuer's outstanding securities as Secured Party had before such issuance) or any options, warrants or other rights to purchase any such capital stock; or
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Dilution of Ownership. The issuer of any securities (other than --------------------- securities of a class which are publicly traded) constituting Collateral hereafter issues any shares of any class of capital stock (unless immediately upon issuance, additional securities are pledged and delivered to Secured Party pursuant to the terms hereof to the extent necessary to give Secured Party a security interest after such issuance in at least the same percentage of such issuer's outstanding securities as Secured Party had before such issuance) or any options, warrants or other rights to purchase any such capital stock; or
Appears in 1 contract
Samples: Credit Agreement (Data Return Corp)
Dilution of Ownership. The issuer of any securities (other than securities of a class which are publicly traded) constituting Collateral hereafter issues any shares of any class of capital stock (unless immediately upon issuance, additional securities are pledged and delivered to Secured Party pursuant to the terms hereof to the extent necessary to give Secured Party a security interest after such issuance in at least the same percentage of such issuer's outstanding securities as Secured Party Parry had before such issuance) or any options, warrants or other rights to purchase any such capital stock; or.
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Dilution of Ownership. The issuer of any securities (other than securities of a class which are publicly traded) constituting Collateral hereafter issues any units or shares of any class of capital stock (unless immediately upon issuance, additional securities are pledged and delivered to Secured Party pursuant to the terms hereof to the extent necessary to give Secured Party a security interest after such issuance in at least the same percentage of such issuer's ’s outstanding securities as Secured Party had before such issuance) or any options, warrants or other rights to purchase any such units or capital stock; or;
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Dilution of Ownership. The issuer of any securities (other than securities of a class which are publicly traded) constituting Collateral hereafter issues any shares of any class of capital stock (unless immediately upon issuance, additional securities are pledged and delivered to Secured Party Company pursuant to the terms hereof to the extent necessary to give Secured Party Company a security interest after such issuance in at least the same percentage of such issuer's outstanding securities as Secured Party Company had before such issuance) or any options, warrants or other rights to purchase any such capital stock; or
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