Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.
Appears in 25 contracts
Samples: Security Agreement (Pinstripes Holdings, Inc.), Pledge and Security Agreement (Climb Global Solutions, Inc.), Pledge and Security Agreement (Escalade Inc)
Issuance of Additional Securities. Such The Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such the Grantor.
Appears in 11 contracts
Samples: Pledge and Security Agreement, Pledge and Security Agreement (Mam Software Group, Inc.), Pledge and Security Agreement (Mam Software Group, Inc.)
Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest Capital Stock constituting Pledged Collateral owned by it to issue additional Equity InterestsCapital Stock, any right to receive the same or any right to receive earnings, except to such Grantor.
Appears in 10 contracts
Samples: Pledge and Security Agreement (Star Group, L.P.), Pledge and Security Agreement (Star Group, L.P.), Pledge and Security Agreement (Star Group, L.P.)
Issuance of Additional Securities. Such The Grantor will not permit or suffer the issuer of an Equity Interest Capital Stock constituting Pledged Collateral owned by it to issue additional Equity InterestsCapital Stock, any right to receive the same or any right to receive earnings, except to such the Grantor.
Appears in 7 contracts
Samples: Pledge and Security Agreement (Magnetek Inc), Pledge and Security Agreement (Magnetek Inc), Pledge and Security Agreement (Magnetek Inc)
Issuance of Additional Securities. Such Except as permitted by the Credit Agreement, such Grantor will not permit or suffer the any Subsidiary that is an issuer of an Equity Interest constituting Pledged Collateral Stock owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor or any other Grantor.
Appears in 5 contracts
Samples: Credit Agreement (Stoneridge Inc), Credit Agreement (Stoneridge Inc), Pledge and Security Agreement (Smithfield Foods Inc)
Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such GrantorGrantor and as otherwise permitted by the Credit Agreement.
Appears in 3 contracts
Samples: Pledge and Security Agreement (Essendant Inc), Abl Pledge and Security Agreement (Global Brass & Copper Holdings, Inc.), Term Loan Pledge and Security Agreement (Global Brass & Copper Holdings, Inc.)
Issuance of Additional Securities. Such No Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral Collateral, if such issuer is a wholly owned by it Subsidiary of such Grantor, to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.
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.)
Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest constituting Subsidiary Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such GrantorGrantor or as permitted by the Credit Agreement.
Appears in 3 contracts
Samples: Pledge and Security Agreement (Interline Brands, Inc./De), Credit Agreement (Interline Brands, Inc./De), Pledge and Security Agreement (Interline Brands, Inc./De)
Issuance of Additional Securities. Such The Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such the Grantor.
Appears in 3 contracts
Samples: Pledge and Security Agreement (Supreme Industries Inc), Pledge and Security Agreement (Escalade Inc), Pledge and Security Agreement (Escalade Inc)
Issuance of Additional Securities. Such The Grantor will not permit or suffer the any issuer of an Equity Interest constituting Pledged Collateral Equity owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such the Grantor.
Appears in 2 contracts
Samples: Canadian Security Agreement (Elizabeth Arden Inc), Pledge Agreement (Elizabeth Arden Inc)
Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such a Grantor.
Appears in 2 contracts
Samples: Pledge and Security Agreement (PLAYSTUDIOS, Inc.), Pledge and Security Agreement (PLAYSTUDIOS, Inc.)
Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such GrantorGrantor or as permitted by the Credit Agreement.
Appears in 2 contracts
Samples: Pledge and Security Agreement (Farmer Brothers Co), Pledge and Security Agreement (Farmer Brothers Co)
Issuance of Additional Securities. Such No Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such the applicable Grantor.
Appears in 2 contracts
Samples: Pledge and Security Agreement (Systemax Inc), Pledge and Security Agreement (Systemax Inc)
Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest of its Subsidiaries constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.
Appears in 2 contracts
Samples: u.s. Pledge and Security Agreement (Urban Outfitters Inc), Pledge and Security Agreement (Urban Outfitters Inc)
Issuance of Additional Securities. Such Except as expressly permitted pursuant to Section 6.12 of the Credit Agreement, such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.
Appears in 2 contracts
Samples: Pledge and Security Agreement (Griffon Corp), Pledge and Security Agreement (Griffon Corp)
Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor or any other Grantor.
Appears in 2 contracts
Samples: Senior Secured Credit Agreement (Lifetime Brands, Inc), Senior Secured Credit Agreement (Lifetime Brands, Inc)
Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such GrantorGrantor or as otherwise permitted under the Credit Agreement.
Appears in 2 contracts
Samples: Pledge and Security Agreement (Gorman Rupp Co), Pledge and Security Agreement (Landec Corp \Ca\)
Issuance of Additional Securities. Such The Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it the Grantor to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such the Grantor.
Appears in 2 contracts
Samples: Pledge and Security Agreement (Overhill Farms Inc), Senior Secured Credit Agreement (Overhill Farms Inc)
Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such GrantorGrantor or as otherwise permitted by the Credit Agreement.
Appears in 2 contracts
Samples: Pledge and Security Agreement (Clarus Corp), Pledge and Security Agreement (Clarus Corp)
Issuance of Additional Securities. Such Except as permitted by the Credit Agreement, such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.
Appears in 1 contract
Samples: Pledge and Security Agreement (Tile Shop Holdings, Inc.)
Issuance of Additional Securities. Such Except as otherwise expressly permitted under the Credit Agreement, such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.
Appears in 1 contract
Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such GrantorGrantor or as expressly permitted by Sections 6.04 and 6.08 of the Credit Agreement. Any additional Equity Interests issued by a Grantor (other than Holdings) shall be subject to the Lien hereunder.
Appears in 1 contract
Samples: Pledge and Security Agreement (Chefs' Warehouse, Inc.)
Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest of a wholly owned Subsidiary constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.
Appears in 1 contract
Issuance of Additional Securities. Such Other than the issuance of Qualified Equity Interests not otherwise prohibited by the Loan Documents, such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.
Appears in 1 contract
Issuance of Additional Securities. Such Grantor will not permit vote to approve or suffer consent to the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such GrantorGrantor or as otherwise permitted under the Credit Agreement.
Appears in 1 contract
Samples: Pledge and Security Agreement (Archrock Partners, L.P.)
Issuance of Additional Securities. Such Grantor will not permit or suffer a Subsidiary that is the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such GrantorGrantor or as expressly permitted by the Credit Agreement.
Appears in 1 contract
Samples: Pledge and Security Agreement (Servicesource International, Inc.)
Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest capital stock constituting Pledged Collateral consisting of ownership interests in a Subsidiary owned by it to issue additional Equity Interestscapital stock, any right to receive the same or any right to receive earnings, except to such Grantor.
Appears in 1 contract
Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral (to the extent such issuer is a Subsidiary of such Grantor or any other Grantor) owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.
Appears in 1 contract
Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it it, to the extent such issuer is a Subsidiary thereof, to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such GrantorGrantor (and except the issuance of director’s qualifying shares and shares issued to foreign nationals pursuant to Requirements of Law).
Appears in 1 contract
Samples: Pledge and Security Agreement (Myriad Genetics Inc)
Issuance of Additional Securities. Such Other than the issuance of Qualified Equity Interests not otherwise prohibited by the Loan Documents, such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.”
Appears in 1 contract
Issuance of Additional Securities. Such Except as permitted by the Credit Agreement, such Grantor will not permit or suffer the issuer of an Equity Interest any Capital Stock constituting Pledged Collateral owned by it to issue additional Equity InterestsCapital Stock, any right to receive the same or any right to receive earnings, except to such Grantor.
Appears in 1 contract
Samples: Guarantee and Collateral Agreement (Ultra Clean Holdings, Inc.)
Issuance of Additional Securities. Such Each Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned held by it such Granter to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantoras permitted by Section 6.06 of the Credit Agreement.
Appears in 1 contract
Samples: Pledge and Security Agreement (Heartland Payment Systems Inc)
Issuance of Additional Securities. Such Each Grantor will not permit or suffer the any issuer of an Equity Interest constituting Pledged Collateral Equity owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.
Appears in 1 contract
Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest owned by it constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such GrantorGrantor or as otherwise permitted by the Credit Agreement.
Appears in 1 contract
Samples: Pledge and Security Agreement (Frank's International N.V.)
Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such GrantorGrantor or as permitted under the Credit Agreement.
Appears in 1 contract
Samples: Pledge and Security Agreement (InfuSystem Holdings, Inc)
Issuance of Additional Securities. Such No Grantor will not permit or suffer the any issuer that it controls, of an Equity Interest Interests constituting Pledged Collateral owned by it to issue additional any such Equity Interests, Interests or any right to receive the same or any right to receive earningsearnings thereon, except to such Grantor.
Appears in 1 contract
Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer (if such issuer is controlled by such Grantor) of an Equity Interest Interests constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.
Appears in 1 contract
Samples: Pledge and Security Agreement (Techteam Global Inc)
Issuance of Additional Securities. Such Except in each case as permitted in the Credit Agreement, such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.
Appears in 1 contract
Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor or another Grantor.
Appears in 1 contract
Samples: Pledge and Security Agreement (Altra Holdings, Inc.)
Issuance of Additional Securities. Such Except as permitted by the Credit Agreement, such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it and which is a Subsidiary of Parent to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.
Appears in 1 contract
Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor or another Grantor or another Grantor.
Appears in 1 contract
Samples: Pledge and Security Agreement (Altra Holdings, Inc.)
Issuance of Additional Securities. Such To the extent within the control of such Grantor, such Grantor will not permit or suffer the issuer of an any Pledged Equity Interest constituting Pledged Collateral Interests owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.
Appears in 1 contract
Issuance of Additional Securities. Such Grantor will not permit or suffer the issuer of an Equity Interest in a Subsidiary constituting Pledged Collateral owned by it to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except to such Grantor.
Appears in 1 contract