Common use of Issuance of Additional Securities Clause in Contracts

Issuance of Additional Securities. Except as permitted in the Credit Agreement or the Note Purchase Agreement, no Grantor will permit or suffer any Subsidiary that is an issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to issue any such securities or other ownership interests, any right to receive the same or any right to receive earnings, except to such Grantor or to the extent such securities or other interests become Collateral if required hereby, by the Credit Agreement or the Note Purchase Agreement.

Appears in 3 contracts

Samples: Security Agreement (Alliance Holdings GP, L.P.), Security Agreement (Alliance Resource Partners Lp), Security Agreement

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Issuance of Additional Securities. Except as permitted in the Credit Agreement or the Note Purchase Agreement, no No Grantor will permit or suffer any Subsidiary that is an the issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to issue any such securities or other ownership interests, any right to receive the same or any right to receive earnings, except to such Grantor; provided, however, that this Section 4.5.2 shall have no application with respect to any corporation, partnership, joint venture or limited liability company which is not a Subsidiary of such Grantor or to the extent such securities or other interests become Collateral if required hereby(including, by the Credit Agreement or the Note Purchase Agreementwithout limitation, Persons in which a Permitted Alternative Fuel Acquisition has been made).

Appears in 2 contracts

Samples: Pledge and Security Agreement (Headwaters Inc), Pledge and Security Agreement (Headwaters Inc)

Issuance of Additional Securities. Except as permitted in under the Credit Agreement or the Note Purchase Agreement, no Grantor will permit or suffer any Subsidiary that is an issuer of privately held such Grantor (in which Subsidiary the corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral constitute Collateral) to issue any such securities or other ownership interests, any right to receive the same any such securities or other ownership interests, or any right to receive earnings, except to such Grantor or to the extent such securities or other interests become Collateral if required hereby, by the Credit Agreement or the Note Purchase AgreementGrantor.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Advisory Board Co), Pledge and Security Agreement (Advisory Board Co)

Issuance of Additional Securities. Except as permitted in under the Credit Agreement or the Note Purchase Agreement, no Grantor will permit or suffer any Subsidiary that is an issuer of privately held such Grantor (the corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral which Subsidiary constitute Collateral) to issue any such securities or other ownership interests, any right to receive the same any such securities or other ownership interests, or any right to receive earnings, except to such Grantor or to the extent such securities or other interests become Collateral if required hereby, by the Credit Agreement or the Note Purchase AgreementGrantor.

Appears in 1 contract

Samples: Pledge and Security Agreement (Advisory Board Co)

Issuance of Additional Securities. Except as permitted in the Credit Agreement or the Note Purchase Agreement, no Grantor will permit or suffer any Subsidiary that is an issuer of privately held such Grantor (the corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral which Subsidiary constitute Collateral) to issue any such securities or other ownership interests, any right to receive the same or any right to receive earnings, except to such Grantor or to the extent such securities or other interests become Collateral if required hereby, by the Credit Agreement or the Note Purchase AgreementGrantor.

Appears in 1 contract

Samples: Pledge and Security Agreement (JDS Uniphase Corp /Ca/)

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Issuance of Additional Securities. Except as permitted in the Credit Agreement or the Note Purchase Agreement, no Grantor will permit or suffer any Restricted Subsidiary that is not a Joint Venture and that is an issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to issue any such securities or other ownership interests, any right to receive the same or any right to receive earnings, except to such Grantor one or more Grantors or to the extent such securities or other interests become Collateral if required hereby, hereby or by the Credit Agreement or the Note Purchase Agreement.

Appears in 1 contract

Samples: Credit Agreement (Alliance Resource Partners Lp)

Issuance of Additional Securities. Except as permitted in under the Credit Agreement or the Note Purchase Agreement, no Grantor will permit or suffer any Subsidiary that is an issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral to issue any such securities or other ownership interests, any right to receive the same or any right to receive earnings, except to such Grantor or ratably to the extent such holders of the securities or other ownership interests become Collateral if required hereby, by the Credit Agreement or the Note Purchase Agreementof such Subsidiary.

Appears in 1 contract

Samples: Guaranty and Collateral Agreement (Stonemor Partners Lp)

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