Common use of Issuance of Capital Stock Clause in Contracts

Issuance of Capital Stock. Except as contemplated by the Transactions, Borrower shall not issue, or agree or commit to issue, any shares of capital stock, or to issue or grant any option, warrant, security or other rights (contingent or otherwise) to purchase or acquire shares of its capital stock, or any bond, debenture or other instrument or obligation which has the power to vote in respect to the corporate affairs and management of Borrower.

Appears in 3 contracts

Samples: Bridge Loan and Control Share Pledge and Security Agreement (Cromwell Uranium Corp.), Bridge Loan and Control Share Pledge and Security Agreement (Foothills Resources Inc), Bridge Loan and Control Share Pledge and Security Agreement (Oxford Ventures Inc)

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Issuance of Capital Stock. Except as contemplated by the Transactions, Borrower shall not issue, or agree or commit to issue, any shares of capital stock, or to issue or grant any option, warrant, security or other rights (contingent or otherwise) to purchase or acquire shares of its capital stock, or any bond, debenture or other instrument or obligation which has the power to vote in respect to the corporate affairs and management of Borrower.

Appears in 2 contracts

Samples: Reversal Loan and Control Share Pledge and Security Agreement (California Gold Corp.), Reversal Loan and Control Share Pledge and Security Agreement (US Uranium Inc.)

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