Common use of Issuance or Acquisition of Capital Stock Clause in Contracts

Issuance or Acquisition of Capital Stock. Such Pledgor shall not, without executing and delivering, or causing to be executed and delivered, to the Administrative Agent such agreements, documents and instruments as the Administrative Agent may reasonably request for the purpose of perfecting its security interest therein, issue or acquire any Capital Stock constituting Collateral consisting of an interest in a partnership or a limited liability company that (i) is dealt in or traded on a securities exchange or in a securities market, (ii) by its terms expressly provides that it is a security governed by Article 8 of the UCC, (iii) is an investment company security, (iv) is held in a securities account or (v) constitutes a Security or a Financial Asset (as each is defined in the UCC).

Appears in 5 contracts

Samples: Pledge Agreement, Fourth Amended and Restated (Quanta Services Inc), Pledge Agreement (Quanta Services Inc)

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Issuance or Acquisition of Capital Stock. Such Pledgor shall notNot, without executing and delivering, or causing to be executed and delivered, to the Administrative Collateral Agent such agreements, documents and instruments as the Administrative Collateral Agent may reasonably request for the purpose of perfecting its security interest therein, issue or acquire any Capital Stock constituting Pledged Collateral consisting of an interest in a partnership or a limited liability company that (i) is dealt in or traded on a securities exchange or in a securities market, (ii) by its terms expressly provides that it is a security governed by Article 8 of the UCC, (iii) is an investment company security, (iv) is held in a securities account or (v) constitutes a Security “Security” or a Financial Asset Asset” (as each such term is defined in the UCC).

Appears in 1 contract

Samples: Pledge Agreement (Pike Electric CORP)

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