Issuance of Additional Securities. No Grantor will permit or suffer any Domestic Subsidiary 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 another Grantor.
Appears in 3 contracts
Samples: Security Agreement (Photronics Inc), Security Agreement (Photronics Inc), Security Agreement (Photronics Inc)
Issuance of Additional Securities. No Except as permitted under the Indenture, no Grantor will permit or suffer any Domestic Subsidiary 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 another Grantorratably to the holders of the securities or other ownership interests of such Subsidiary.
Appears in 2 contracts
Samples: Security Agreement (Stonemor Inc.), Collateral Agreement (Stonemor Partners Lp)
Issuance of Additional Securities. No Except as permitted under the Credit Agreement, no Grantor will permit or suffer any Domestic Subsidiary of such Grantor (in which Subsidiary the corporate securities or other ownership interests 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 another Grantor.
Appears in 2 contracts
Samples: Pledge and Security Agreement (Advisory Board Co), Pledge and Security Agreement (Advisory Board Co)
Issuance of Additional Securities. No Except as permitted under the Credit Agreement, no Grantor will permit or suffer any Domestic Subsidiary 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 another Grantorratably to the holders of the securities or other ownership interests of such Subsidiary.
Appears in 1 contract
Samples: Guaranty and Collateral Agreement (Stonemor Partners Lp)
Issuance of Additional Securities. No Except as permitted under the Credit Agreement, no Grantor will permit or suffer any Domestic Subsidiary of such Grantor (the corporate securities or other ownership interests in 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 another Grantor.
Appears in 1 contract
