Common use of Issuance of Additional Securities Clause in Contracts

Issuance of Additional Securities. 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 the Borrower.

Appears in 6 contracts

Samples: Security Agreement (Magnetek Inc), Pledge and Security Agreement (Teton Energy Corp), Credit Agreement (Anthony Clark International Insurance Brokers LTD)

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Issuance of Additional Securities. The Borrower 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 the Borrowersuch Debtor.

Appears in 6 contracts

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

Issuance of Additional Securities. The Borrower 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 the BorrowerDebtor.

Appears in 4 contracts

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

Issuance of Additional Securities. The Borrower 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 the Borrowersuch 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. 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 the Borrower.

Appears in 2 contracts

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

Issuance of Additional Securities. 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 the Borrower.

Appears in 2 contracts

Samples: General Security Agreement (Bioanalytical Systems Inc), General Security Agreement (Bioanalytical Systems Inc)

Issuance of Additional Securities. The Borrower 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 the Borrowereach Debtor.

Appears in 1 contract

Samples: Security Agreement (Midas Inc)

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Issuance of Additional Securities. The Borrower 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 the BorrowerDebtor.

Appears in 1 contract

Samples: Pledge and Security Agreement (Mobility Electronics Inc)

Issuance of Additional Securities. 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 the Borrower.

Appears in 1 contract

Samples: General Security Agreement (Amcast Industrial Corp)

Issuance of Additional Securities. The Borrower 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 the BorrowerDebtor or as otherwise permitted under the Loan Agreement.

Appears in 1 contract

Samples: Continuing Security Agreement (Bancinsurance Corp)

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