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

Limitation on Issuance of Capital Stock. (a) Holdings will not, and will not permit any of its Subsidiaries to, issue (i) any preferred stock other than Holdings Preferred Stock issued by Holdings or (ii) any redeemable common stock (other than common stock that is redeemable at the sole option of Holdings or such Subsidiary).

Appears in 2 contracts

Samples: Credit Agreement (Communications Instruments Inc), Credit Agreement (Communications Instruments Inc)

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Limitation on Issuance of Capital Stock. (a) Holdings will not, and will not permit any of its Subsidiaries to, issue (i) any preferred stock Preferred Stock (other than Holdings Preferred Stock issued by Holdings pursuant to clause (c), (d) or (e) below) or any options, warrants or rights to purchase Preferred Stock or (ii) any redeemable common stock (other than common stock that is redeemable at unless, in either case, the issuance thereof is, and all terms thereof are, satisfactory to the Required Lenders in their sole option of Holdings or such Subsidiary)discretion.

Appears in 2 contracts

Samples: Lease Agreement (Compass Minerals International Inc), Credit Agreement (Compass Minerals International Inc)

Limitation on Issuance of Capital Stock. (a) Holdings will not, and will not permit any of its Subsidiaries to, issue (i) any preferred stock other than Holdings Preferred Stock issued by Holdings (as constituted on the Closing Date or upon such other terms as may be reasonably acceptable to Bank of America (or any successor Administrative Agent) or (ii) any redeemable common stock (other than common stock that is redeemable at the sole option of Holdings or such Subsidiary).

Appears in 2 contracts

Samples: Credit Agreement (Globe Manufacturing Corp), Credit Agreement (Globe Manufacturing Corp)

Limitation on Issuance of Capital Stock. (a) Holdings will not, and will not permit any of its Subsidiaries to, issue (i) any preferred stock (other than Qualified Holdings Preferred Stock issued by Holdings Stock) or (ii) any redeemable common stock (other than common stock that is redeemable at the sole option of Holdings or such Subsidiary).

Appears in 1 contract

Samples: Credit Agreement (Dominicks Supermarkets Inc)

Limitation on Issuance of Capital Stock. (a) Holdings will not, and will not permit any of its Subsidiaries to, issue (i) any preferred stock other than Qualified Holdings Preferred Stock issued by Holdings or (ii) any redeemable common stock (other than common stock that is redeemable at the sole option of Holdings or such Subsidiary).

Appears in 1 contract

Samples: Credit Agreement (PPC Publishing Corp)

Limitation on Issuance of Capital Stock. (a) Holdings will not, and will not permit any of its Subsidiaries to, issue (i) any preferred stock other than Holdings Preferred Stock issued by Holdings or (ii) any redeemable common stock (other than common stock that is redeemable except at the sole option of Holdings or such Subsidiary).

Appears in 1 contract

Samples: Credit Agreement (Alpine Group Inc /De/)

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Limitation on Issuance of Capital Stock. (a) Holdings will not, and will not permit any of its Subsidiaries to, issue (i) any preferred stock or other preferred equity interests other than Holdings Qualified Preferred Stock issued by Holdings or (ii) any redeemable common stock (or other redeemable common equity interests other than common stock or other redeemable common equity interests that is redeemable at the sole option of Holdings or such Subsidiary), as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Nextmedia Operating Inc)

Limitation on Issuance of Capital Stock. (a) Holdings will not, and will not permit any of its Subsidiaries to, issue (i) any preferred stock (or any options, warrants or rights to purchase preferred stock) other than Holdings Qualified Preferred Stock issued by of Holdings or (ii) any redeemable common stock (other than common stock that is redeemable at the sole option of Holdings or such Subsidiary).

Appears in 1 contract

Samples: Security Agreement (Marathon Power Technologies Co)

Limitation on Issuance of Capital Stock. (a) Holdings will not, and will not permit any of its Subsidiaries to, issue (i) any preferred stock other than Holdings Qualified Preferred Stock issued by of Holdings or (ii) any redeemable common stock (other than common stock that is redeemable at the sole option of Holdings or such Subsidiary).

Appears in 1 contract

Samples: Credit Agreement (Atc Group Services Inc /De/)

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