Common use of Limitation on Issuance of Equity Interests Clause in Contracts

Limitation on Issuance of Equity Interests. (a) Holdings will not issue (i) any Preferred Equity (or any options, warrants or rights to purchase Preferred Equity) (other than Qualified Preferred Stock issued pursuant to clause (c) below) or (ii) any redeemable common stock or equivalent common Equity Interests.

Appears in 7 contracts

Samples: Intercreditor Agreement (Dole Food Co Inc), Intercreditor Agreement (Dole Food Co Inc), Credit Agreement (Dole Food Company Inc)

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Limitation on Issuance of Equity Interests. (a) Holdings The Borrower will not issue (i) any Preferred Equity (or any options, warrants or rights to purchase Preferred Equity) (other than Qualified Preferred Stock issued pursuant to clause (c) below) or (ii) any redeemable common stock or equivalent common Equity Interests.

Appears in 3 contracts

Samples: Intercreditor Agreement (Dole Food Co Inc), Intercreditor Agreement (Dole Food Co Inc), Credit Agreement (Dole Food Co Inc)

Limitation on Issuance of Equity Interests. (a) Holdings The Borrower will not, and will not permit any of its Subsidiaries to, issue (i) any Preferred Equity (Stock or any options, warrants or rights to purchase Preferred Equity) Stock (other than Qualified Preferred Stock issued pursuant to clause in accordance with Section 7.13(c) or (cd) below) or (ii) any redeemable common stock or equivalent common Equity Interestsequity interests unless, in either case, the issuance thereof is, and all terms thereof are, satisfactory to the Required Lenders in their sole discretion.

Appears in 3 contracts

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

Limitation on Issuance of Equity Interests. (a) Holdings will not, and will not permit any of its Subsidiaries to, issue (i) any Preferred Equity (or any options, warrants or rights to purchase Preferred Equity) (Interests other than issuance by Holdings of Qualified Preferred Stock issued pursuant to clause (c) below) below or (ii) any redeemable common stock or equivalent other redeemable common Equity InterestsInterests other than redeemable common stock or other redeemable common Equity Interests that is or are redeemable at the sole option of Holdings or such Subsidiary, as the case may be.

Appears in 2 contracts

Samples: Reimbursement Agreement (Endeavour International Corp), Credit Agreement (Endeavour International Corp)

Limitation on Issuance of Equity Interests. (a) Holdings will not, and will not permit any of its Restricted Subsidiaries or, if applicable, their shareholders, to issue (i) any Preferred Equity (or any options, warrants or rights to purchase Preferred Equity) (preferred equity other than preferred equity that are Qualified Preferred Stock issued pursuant to clause (c) below) Equity Interests or (ii) any redeemable common stock or equivalent other redeemable common Equity Interests other than Qualified Equity Interests.

Appears in 2 contracts

Samples: Credit Agreement (Styron Canada ULC), Credit Agreement (Trinseo S.A.)

Limitation on Issuance of Equity Interests. (a) Holdings will not, and will not permit any of its Subsidiaries to, issue (i) any Preferred Equity (or any options, warrants or rights to purchase Preferred Equity) (other than Qualified Preferred Stock issued pursuant to clause (c) below) or (ii) any redeemable common stock or equivalent other redeemable common Equity InterestsInterests other than common stock or other redeemable common Equity Interests that is or are redeemable at the sole option of Holdings or such Subsidiary, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (STG Group, Inc.)

Limitation on Issuance of Equity Interests. (a) Holdings Exide U.S. will not issue (i) any Preferred Equity (or any options, warrants or rights to purchase Preferred Equity) (other than Qualified Preferred Stock issued pursuant to clause (c) below) or (ii) any redeemable common stock or equivalent common Equity Interests.

Appears in 1 contract

Samples: Credit Agreement (Exide Technologies)

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Limitation on Issuance of Equity Interests. (a) Each of Holdings and each other Borrower will not, and will not permit any of their respective Subsidiaries to, issue (i) any Preferred Equity (or any options, warrants or rights to purchase Preferred Equity) (other than Qualified Preferred Stock issued pursuant to clause (c) below) or (ii) any redeemable common stock or equivalent other redeemable common Equity InterestsInterests other than common stock or other redeemable common Equity Interests that is or are redeemable at the sole option of Holdings or such Subsidiary, as the case may be.

Appears in 1 contract

Samples: Syndicated Facility Agreement (Acco Brands Corp)

Limitation on Issuance of Equity Interests. (a) Holdings will not, and will not permit any of its Subsidiaries (other than Wholly-Owned Subsidiaries) to, issue (i) any Preferred Equity (or any options, warrants or rights to purchase Preferred Equity) (other than Qualified Preferred Stock issued pursuant to clause (c) below) or (ii) any redeemable common stock or equivalent other redeemable common Equity InterestsInterests other than common stock or other redeemable common Equity Interests that is or are redeemable at the sole option of Holdings or such Subsidiary, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Global Cash Access Holdings, Inc.)

Limitation on Issuance of Equity Interests. (a) Holdings The Borrower will not issue (i) any Preferred Equity (or any options, warrants or rights to purchase Preferred Equity) (), other than Qualified Preferred Stock issued pursuant to clause (c) below) , or (ii) any redeemable common stock or equivalent common Equity Interests.

Appears in 1 contract

Samples: Credit Agreement (Davis-Standard CORP)

Limitation on Issuance of Equity Interests. (a) Holdings The Borrower will not, and will not permit any of its Subsidiaries to, issue (i) any Preferred Equity Stock (other than Preferred Stock issued pursuant to clauses (c), (d) and (e) below) or any options, warrants or rights to purchase Preferred Equity) (other than Qualified Preferred Stock issued pursuant to clause (c) below) or (ii) any redeemable common stock or equivalent common Equity InterestsInterests unless, in either case, the issuance thereof is, and all terms thereof are, satisfactory to the Required Lenders in their sole discretion.

Appears in 1 contract

Samples: Credit Agreement (Pacer International Inc)

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