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

Limitation on Issuance of Capital Stock. (a) Parent will not issue (i) any preferred stock or (ii) any class of redeemable common stock, other than (x) Qualified Capital Stock and (y) Permitted Issuances.

Appears in 3 contracts

Samples: Credit Agreement (Capstar Broadcasting Corp), Credit Agreement (Capstar Broadcasting Partners Inc), Credit Agreement (Capstar Radio Broadcasting Partners Inc)

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Limitation on Issuance of Capital Stock. (a) The Parent and Borrower will not issue, and will not permit any of their Subsidiaries to issue (i) other than a Non-Recourse Subsidiary), any preferred stock (or (iiequivalent Equity Interests) any class of redeemable common stock, other than (x) Qualified Capital Stock and (y) Permitted IssuancesPreferred Stock.

Appears in 2 contracts

Samples: Credit Agreement (Oaktree Capital Management Lp), Credit Agreement (General Maritime Corp / MI)

Limitation on Issuance of Capital Stock. (a) The Parent will not issue (i) issue, and will not permit any Subsidiary to issue, any preferred stock (or (iiequivalent equity interests) any class of redeemable common stock, other than (x) Qualified Capital Stock and (y) Permitted IssuancesPreferred Stock.

Appears in 2 contracts

Samples: Credit Agreement (General Maritime Corp / MI), Credit Agreement (General Maritime Corp / MI)

Limitation on Issuance of Capital Stock. (a) The Parent will --------------------------------------- not issue (i) any preferred stock stock, other than Qualified Preferred Stock, or (ii) any class redeemable (except at the sole option of redeemable the Parent) common stock, other than (x) Qualified Capital Stock and (y) Permitted Issuances.

Appears in 1 contract

Samples: Credit Agreement (Corporate Express Inc)

Limitation on Issuance of Capital Stock. (a) Parent The Borrower will not issue (i) any preferred stock (except Permitted Preferred Stock) or (ii) any class of redeemable common stock, other than (x) Qualified Capital Stock and (y) Permitted Issuances.

Appears in 1 contract

Samples: Credit Agreement (Autotote Corp)

Limitation on Issuance of Capital Stock. (a) Parent Holdings will not issue (i) any preferred stock or (ii) any class of redeemable common stock, other than (x) Qualified Capital Stock and (y) Permitted Issuances.

Appears in 1 contract

Samples: Credit Agreement (Chancellor Radio Broadcasting Co)

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Limitation on Issuance of Capital Stock. (a) Parent Holdings will not issue (i) any preferred stock or (ii) any class of redeemable common stock, other than (x) Qualified Capital the Convertible Preferred Stock and (y) Permitted Issuances.

Appears in 1 contract

Samples: Credit Agreement (Chancellor Broadcasting Co /De/)

Limitation on Issuance of Capital Stock. (a) Parent will The Borrower shall not issue (i) any preferred stock (other than Qualified Preferred Stock) or (ii) any class of redeemable common stock, other than (x) Qualified Capital Stock and (y) Permitted Issuances.

Appears in 1 contract

Samples: Credit Agreement (Tekni Plex Inc)

Limitation on Issuance of Capital Stock. (a) Parent Holdings will not issue (i) any preferred stock or (ii) any class of redeemable common stock, other than (x) Qualified Capital Stock and (y) Permitted Issuances.)

Appears in 1 contract

Samples: Credit Agreement (Commodore Media Inc)

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