Issuances of Stock. Issue any Stock or Stock Equivalents (i) if such issuance would result in an Event of Default under Section 8.01(j) and (ii) with respect to each direct or indirect Subsidiary of any Borrower, unless such Stock and Stock Equivalents are pledged to Agent, for the benefit of Secured Parties, as security for the Obligations, on substantially the same terms and conditions as the Stock and Stock Equivalents of Credit Parties owned by JAKKS are pledged to Agent as of the Closing Date.
Issuances of Stock. (a) Except in furtherance of its right pursuant to Section 9.2(b), neither the Company nor any Subsidiary shall (i) create, authorize, issue or sell any Preferred Stock (except the Company may effect Permitted Sales of Series A Preferred Stock pursuant to Section 11.2 hereof, sales of Preferred Shares to Swiss Re pursuant to Section 11.1 hereof, sales of Preferred Shares pursuant to this Purchase Agreement or sales of Junior Preferred Stock), or (ii) create, authorize, issue or sell any options, warrants, subscription rights, convertible securities or similar rights which have an exercise, conversion, or subscription price per share lower than the then current exercise price per share under the Warrants (before giving effect to such options, warrants, subscription rights, convertible securities or similar rights).
Issuances of Stock. Each time either Issuer propose to offer any shares of, or securities convertible into or exercisable for any shares of, any class of its capital stock ("Issuer Securities"), such Issuer shall first offer such Issuer Securities to each Purchaser in accordance with the following provisions:
Issuances of Stock. Nothing in this Agreement shall (a) preclude or limit the right of the Company to issue additional stock or other securities, or (b) give Optionee any preemptive or other right to acquire any such additional stock or other securities.
Issuances of Stock. Issue any common or other capital stock or any options, warrants or other rights to subscribe for or purchase common or any other capital stock or any securities convertible into or exchangeable for any capital stock or permit any additional shares of Alliance Common Stock or capital stock of Alliance Bank to become subject to grants of employee or director stock options, restricted stock grants, or similar stock-based employee or director rights; or
Issuances of Stock. Subject to Section 7.4, each time the Company proposes to offer any shares of, or securities convertible into or exercisable for any shares of, any class of its capital stock ("Company Securities"), the Company shall first offer such Company Securities to Purchaser in accordance with the following provisions:
Issuances of Stock. The Company has reserved 1,000,000 shares of ------------------ Common Stock for issuance to employees and consultants of the Company pursuant to stock option or restricted stock arrangements, which vest such shares in installments contingent on employment with the Company during a specified period. The Board of Directors of the Company may authorize, from time to time, the issuance of such shares, on such terms including price, payment and vesting restrictions as the Directors deem appropriate; provided that a representative affiliated with Burr, Egan, Deleage & Co. consents to such actions or is present and votes in favor thereof at a meeting of the Board.
Issuances of Stock. Buyer acknowledges that it has been informed that, concurrently with the transactions contemplated by this Agreement, the two officers of Comet have exercised, or will exercise, all or a portion of the options they each have to purchase a total of 200,000 shares of Comet's common stock at a price of $0.1875 per share. In addition, Buyer acknowledges that it is aware that the board of directors has also authorized Xx. Xxxx Xxxxxxx to convert certain indebtedness owed by Comet to him, estimated at $9,000, into shares of common stock, at a conversion price equal to the Purchase Price. Buyer has entered into this Agreement, and elected to proceed with the purchase of the Comet Shares, with a full understanding of these stock transactions.
Issuances of Stock. 54 9.14. Indebtedness Agreements............................................................................55 9.15. Amendments to Charter; By-Laws; Other Agreements...................................................55 SECTION 10. AMENDMENT; WAIVER; CONSENT..........................................................................55 SECTION 11. PURCHASE OPTION; FUTURE SALES.......................................................................56 11.1. Swiss Re Purchase Option...........................................................................56 11.2. Permitted Sales....................................................................................57
Issuances of Stock. Issuer shall have declared a one-for-four reverse split of its Common Stock and distributed 1,000,000 shares of its common stock and 1,000,000 Class A Warrants, as follows:
