Common use of Issuance of Additional Securities Clause in Contracts

Issuance of Additional Securities. Such Debtor will not permit or suffer 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 Debtor.

Appears in 6 contracts

Samples: Pledge and Security Agreement, Security Agreement (Grizzly Energy, LLC), Security Agreement (Vanguard Natural Resources, Inc.)

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Issuance of Additional Securities. Such Debtor The Borrower will not permit or suffer 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 Debtorthe Borrower.

Appears in 6 contracts

Samples: Pledge and Security Agreement (Teton Energy Corp), Security Agreement (Magnetek Inc), Pledge and Security Agreement (Chromcraft Revington Inc)

Issuance of Additional Securities. Such The Debtor will not permit or suffer 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 the Debtor.

Appears in 4 contracts

Samples: Security Agreement (Magnetek Inc), Security Agreement (Magnetek Inc), Security Agreement (Magnetek Inc)

Issuance of Additional Securities. Such Debtor The Issuer will not permit or suffer 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 Debtorthe Issuer.

Appears in 2 contracts

Samples: Pledge and Security Agreement, Intercreditor Agreement (Vanguard Natural Resources, Inc.)

Issuance of Additional Securities. Such Debtor Borrower will not permit or suffer 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 DebtorBorrower.

Appears in 2 contracts

Samples: Security Agreement (Lilis Energy, Inc.), Security Agreement (HII Technologies, Inc.)

Issuance of Additional Securities. Such No Debtor will not permit or suffer 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 Debtor.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Home Solutions of America Inc), Pledge and Security Agreement (Home Solutions of America Inc)

Issuance of Additional Securities. Such The Debtor will not permit or suffer 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 Debtorthe Debtor or as otherwise permitted under the Loan Agreement.

Appears in 1 contract

Samples: Continuing Security Agreement (Bancinsurance Corp)

Issuance of Additional Securities. Such No Debtor will not permit or suffer 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 each Debtor.

Appears in 1 contract

Samples: And Restated Security Agreement (Midas Inc)

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Issuance of Additional Securities. Such The Debtor will not permit or suffer the issuer of privately held corporate company 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 the Debtor.

Appears in 1 contract

Samples: Pledge and Security Agreement (Mobility Electronics Inc)

Issuance of Additional Securities. Such Debtor The Borrower will not permit or suffer cause 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 Debtor.the Borrower. (c)

Appears in 1 contract

Samples: General Security Agreement (Bioanalytical Systems Inc)

Issuance of Additional Securities. Such Debtor The Borrower will not permit or suffer cause 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 Debtorthe Borrower.

Appears in 1 contract

Samples: General Security Agreement (Bioanalytical Systems Inc)

Issuance of Additional Securities. Such Debtor The Borrower will not permit or suffer the issuer of privately held corporate securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral controlled by the Borrower to issue any such securities or other ownership interests, any right to receive the same or any right to receive earnings, except to such Debtorthe Borrower.

Appears in 1 contract

Samples: General Security Agreement (Amcast Industrial Corp)

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