Issuance of Disqualified Stock. From and after the Closing Date, neither the Company, nor any of its Subsidiaries shall issue any Disqualified Stock. All issued and outstanding Disqualified Stock shall be treated as Indebtedness for all purposes of this Agreement, and the amount of such deemed Indebtedness shall be the aggregate amount of the liquidation preference of such Disqualified Stock
Issuance of Disqualified Stock. From and after the Closing Date, neither the Company, nor any of its Subsidiaries shall issue to any Person (other than the Company or a wholly-owned Subsidiary) any Disqualified Stock unless after giving effect to the next sentence, such Disqualified Stock and Indebtedness is issued in accordance with the terms of this Agreement. All issued and outstanding Disqualified Stock issued to any Person (other than the Company or a wholly-owned Subsidiary) shall be treated as Indebtedness for all purposes of this Agreement (and as funded Indebtedness for purposes of Section 7.1(F)), and the amount of such deemed Indebtedness shall be the aggregate amount of the liquidation preference of such Disqualified Stock.
Issuance of Disqualified Stock. Neither the Parent Guarantor, nor any of its Subsidiaries shall issue any Disqualified Stock. All issued and outstanding Disqualified Stock shall be treated as Indebtedness for all purposes of this Agreement, and the amount of such deemed Indebtedness shall be the aggregate amount of the liquidation preference of such Disqualified Stock.
Issuance of Disqualified Stock. All issued and outstanding Disqualified Stock shall be treated as Indebtedness for borrowed money for all purposes of this Agreement, and the amount of such deemed Indebtedness shall be the aggregate amount of the liquidation preference of such Disqualified Stock.
Issuance of Disqualified Stock. Neither the Borrower nor any of its Subsidiaries shall issue any Disqualified Stock other than (i) the issuance of Disqualified Stock having a liquidation preference in an aggregate amount not in excess of the principal amount of Indebtedness that the Borrower and its Subsidiaries could incur on the date of such issuance pursuant to Section 7.3(A)(ii) or (viii) or (ii) pursuant to an exchange or conversion of then outstanding Indebtedness of the Borrower or any of its Subsidiaries for or into Disqualified Stock, provided that, to the extent that the aggregate amount of the liquidation preference of such Disqualified Stock exceeds the principal amount of the Indebtedness so exchanged or converted, such Disqualified Stock could be issued pursuant to clause (i) above. All such issued and outstanding Disqualified Stock shall be treated as Indebtedness for all purposes of this Agreement (and as funded Indebtedness for purposes of Section
Issuance of Disqualified Stock. From and after the Closing Date, neither the Borrower, nor any of its Subsidiaries shall issue any Disqualified Stock. All issued and outstanding Disqualified Stock shall be treated as Indebtedness for borrowed money for all purposes of this Agreement (and as funded Indebtedness for purposes of SECTION 7.1(F)), and the amount of such deemed Indebtedness shall be the aggregate amount of the liquidation preference of such Disqualified Stock.
Issuance of Disqualified Stock. From and after the Closing Date, neither the Borrower, nor any of its Subsidiaries shall issue any Disqualified Stock unless after giving effect to the next sentence, such Disqualified Stock and Indebtedness issued under Section 7.1(F) does not exceed the limitation in Section 7.1(F). All issued and outstanding Disqualified Stock shall be treated as Indebtedness for all purposes of this Agreement (and as funded Indebtedness for purposes of Section 7.1(F)), and the amount of such deemed Indebtedness shall be the aggregate amount of the liquidation preference of such Disqualified Stock.
Issuance of Disqualified Stock. Neither the Borrower nor any of its Subsidiaries shall issue any Disqualified Stock other than (i) the issuance of Disqualified Stock having a liquidation preference in an aggregate amount not in excess of the principal amount of Indebtedness that the Borrower and its Subsidiaries could incur on the date of such issuance pursuant to SECTION 7.3(A)(vi) OR (vii) Or (ii) pursuant to an exchange or conversion of then outstanding Indebtedness of the Borrower
Issuance of Disqualified Stock. Neither Energizer Holdings, nor any of its Subsidiaries shall issue any Disqualified Stock.
Issuance of Disqualified Stock. The Guarantor shall not, and shall ensure that none any of its Subsidiaries shall, issue any Disqualified Stock.
