Common use of Limitation on Issuance of Capital Stock Clause in Contracts

Limitation on Issuance of Capital Stock. The Borrower will not permit any of its Subsidiaries to, at any time issue, sell, assign, or otherwise dispose of (a) any of its capital stock (or any equivalent interest therein), (b) any securities exchangeable for or convertible into or carrying any rights to acquire any of its capital stock (or any equivalent interest therein), or (c) any option, warrant, or other right to acquire any of its capital stock (or any equivalent interest therein).

Limitation on Issuance of Capital Stock. The Borrower will not permit any of its Subsidiaries to, at any time issue, sell, assign, or otherwise dispose of (a) any of its capital stock (or any equivalent interest therein), (b) any securities exchangeable for or convertible into or carrying any rights to acquire any of its capital stock (or any equivalent interest therein), or (c) any option, warrant, or other right to acquire any of its capital stock (or any equivalent interest therein), except issuances by a Subsidiary to the Borrower.

Limitation on Issuance of Capital Stock. The Borrower will --------------------------------------- not permit any of its Subsidiaries Subsidiary to, at any time issue, sell, assign, or otherwise dispose of (a) any of its capital stock (or any equivalent interest therein)stock, (b) any securities exchangeable for or convertible into or carrying any rights to acquire any of its capital stock (or any equivalent interest therein)stock, or (c) any option, warrant, or other right to acquire any of its capital stock (or any equivalent interest therein)stock.

Limitation on Issuance of Capital Stock. The Borrower will not, and will not permit any of its Subsidiaries to, at any time issue, sell, assign, or otherwise dispose of (a) any of its capital stock (or any equivalent interest therein)stock, (b) any securities exchangeable for or convertible into or carrying any rights to acquire any of its capital stock (or any equivalent interest therein)stock, or (c) any option, warrant, or other right to acquire any of its capital stock (or any equivalent interest therein)stock.

Limitation on Issuance of Capital Stock. The Borrower will not, and will not permit any of its Subsidiaries to, at any time issue, sell, assign, or otherwise dispose of (a) any of its capital stock (or any equivalent interest therein)stock, (b) any securities exchangeable for or convertible into or carrying any rights to acquire any of its capital stock (or any equivalent interest therein)stock, or (c) any option, warrant, or other right to acquire any of its capital stock, except pursuant to a stock (option plan for employees or any equivalent interest therein)directors of the Borrower.

Limitation on Issuance of Capital Stock. The Borrower will not, and will not permit any of its Subsidiaries Subsidiary to, at any time issue, sell, assign, or otherwise dispose of (a) any of its capital stock (or any equivalent interest therein)stock, (b) any b)any securities exchangeable for or convertible into or carrying any rights to acquire any of its capital stock (or any equivalent interest therein)stock, or (c) any c)any option, warrant, or other right to acquire any of its capital stock (or any equivalent interest therein).stock; except:

Limitation on Issuance of Capital Stock. The Borrower will not permit any of its Subsidiaries Subsidiary to, at any time issue, sell, assign, or otherwise dispose of (a) any of its capital stock (or any equivalent interest therein)other equity interests, (b) any securities exchangeable for or convertible into or carrying any rights to acquire any of its capital stock (or any equivalent interest therein)other equity interests, or (c) any option, warrant, or other right to acquire any of its capital stock (or any equivalent interest therein)other equity interests.

Limitation on Issuance of Capital Stock. The Borrower will not, and will not permit any of its Subsidiaries to, at any time issue, sell, assign, or otherwise dispose of (a) any of its capital stock (or any equivalent interest therein)stock, (b) any securities exchangeable for or convertible into or carrying any rights to acquire any of its capital stock (or any equivalent interest therein)stock, or (c) any option, warrant, or other right to acquire any of its capital stock (or any equivalent interest therein)stock.

Limitation on Issuance of Capital Stock. (a) The Borrower will shall not permit any of its Subsidiaries to, at issue any time issue, sell, assign, or otherwise dispose of (a) any of its capital stock (including by way of sales of treasury stock) or other ownership interests or any equivalent interest therein)options or warrants to purchase, or securities convertible into, capital stock, except (bi) any securities exchangeable for or convertible into or carrying any rights to acquire any transfers and replacements of its capital stock (or any equivalent interest therein)then outstanding shares, or (cii) for stock splits, stock dividends and similar issuances which do not decrease the percentage ownership of any option, warrant, or other right to acquire Person in any class of its the capital stock (of the Borrower or any equivalent interest therein)such Subsidiary.

Limitation on Issuance of Capital Stock. The Borrower Borrowers (other than TransCoastal) will not, and will not permit any of its their Subsidiaries to, at any time issue, sell, assign, or otherwise dispose of (a) any of its capital stock (or any equivalent interest therein)stock, (b) any securities exchangeable for or convertible into or carrying any rights to acquire any of its capital stock (or any equivalent interest therein)stock, or (c) any option, warrant, or other right to acquire any of its capital stock (or any equivalent interest therein)stock.

Limitation on Issuance of Capital Stock. The Such Borrower will not, and will not permit any of its Subsidiaries to, at any time issue, sell, assign, or otherwise dispose of (a) any of its capital stock (or any equivalent interest therein)stock, (b) any securities exchangeable for or convertible into or carrying any rights to acquire any of its capital stock (or any equivalent interest therein)stock, or (c) any option, warrant, or other right to acquire any of its capital stock (or any equivalent interest therein)stock.

Limitation on Issuance of Capital Stock. The Borrower will Borrowers shall not, and shall not permit any of its Subsidiaries to, at issue or sell or enter into any time issueagreement or arrangement for the issuance and sale of any shares of its Capital Stock, sellany securities convertible into or exchangeable for its Capital Stock or any warrants, assign, options or otherwise dispose other rights for the purchase or acquisition of (a) any of its capital stock (or any equivalent interest therein)Capital Stock, (b) any securities exchangeable for or convertible into or carrying any rights to acquire any other than with the prior written consent of its capital stock (or any equivalent interest therein), or (c) any option, warrant, or other right to acquire any of its capital stock (or any equivalent interest therein)the Administrative Agent.

Limitation on Issuance of Capital Stock. The Borrower will not permit any of its Subsidiaries other Related Party to, at any time issue, sell, assign, or otherwise dispose of (a) any of its capital stock (or any equivalent interest therein)Capital Stock, (b) any securities exchangeable for or convertible into or carrying any rights to acquire any of its capital stock (or any equivalent interest therein)Capital Stock, or (c) any option, warrant, or other right to acquire any of its capital stock (or Capital Stock, in each case to any equivalent interest therein)Person other than another Related Party.

Limitation on Issuance of Capital Stock. (a) The Borrower will not permit any of its Subsidiaries toto issue any capital stock, at shares or other equity interests (including by way of sales of treasury stock) or any time issue, sell, assignoptions or warrants to purchase, or otherwise dispose of (a) any of its securities convertible into, capital stock or shares, except (or any equivalent interest therein)i) for transfers and replacements of then outstanding shares, (bii) for stock or share splits, stock or share dividends and similar issuances which do not decrease the percentage ownership of any securities exchangeable for or convertible into or carrying person in any rights to acquire any class of its capital stock (or any equivalent interest therein), or (c) any option, warrant, or other right to acquire any of its capital stock (or any equivalent interest therein).the

Limitation on Issuance of Capital Stock. The Borrower will ------------------------------------------ not, and will not permit any of its Subsidiaries to, at any time issue, sell, assign, or otherwise dispose of (a) any of its capital stock (or any equivalent interest therein)stock, (b) any securities exchangeable for or convertible into or carrying any rights to acquire any of its capital stock (or any equivalent interest therein)stock, or (c) any option, warrant, or other right to acquire any of its capital stock, except pursuant to a stock (option plan for employees or any equivalent interest therein).directors of the Borrower. Section 11.7

Limitation on Issuance of Capital Stock. The Borrower will not, and will not permit any of its Subsidiaries to, at any time issue, sell, assign, or otherwise dispose of (a) any of its capital stock (or any equivalent interest therein)stock, (b) any securities exchangeable for or convertible into or carrying any rights to acquire any of its capital stock (or any equivalent interest therein)stock, or (c) any option, warrant, or other right to acquire any of its capital stock, except issuances pursuant to the Borrower's existing stock (or any equivalent interest therein)equity plan, a copy of which has been delivered to the Agent and, in the Borrower's case, a public offering of its equity securities for cash.