Common use of Limitation on Issuance of Equity Clause in Contracts

Limitation on Issuance of Equity. Borrower will not, directly or indirectly, at any time issue, sell, assign, or otherwise dispose of (a) any of its equity interests, (b) any securities exchangeable for or convertible into or carrying any rights to acquire any of its equity interests, or (c) any option, warrant, or other right to acquire any of its equity interests.

Appears in 4 contracts

Samples: Loan and Security Agreement (Impac Mortgage Holdings Inc), Loan Agreement (United Development Funding Income Fund V), Loan Agreement (United Development Funding IV)

AutoNDA by SimpleDocs

Limitation on Issuance of Equity. Borrower will not, directly or indirectlyand will not permit any of its Subsidiaries to, at any time issue, sell, assign, or otherwise dispose of (a) any of its equity interests, (b) any securities exchangeable for or convertible into or carrying any rights to acquire any of its equity interests, or (c) any option, warrant, or other right to acquire any of its equity interests.

Appears in 3 contracts

Samples: Loan Agreement (Nobilis Health Corp.), Loan Agreement (Dgse Companies Inc), Loan Agreement (Dgse Companies Inc)

Limitation on Issuance of Equity. The Borrower will not, directly or indirectlynot permit any of its Subsidiaries to, at any time issue, sell, assign, or otherwise dispose of (a) any of its equity interests, (b) any securities exchangeable for or convertible into or carrying any rights to acquire any of its equity interests, or (c) any option, warrant, or other right to acquire any of its equity interests.

Appears in 2 contracts

Samples: Loan Agreement (Quest Resource Holding Corp), Loan Agreement (Pizza Inn Holdings, Inc /Mo/)

Limitation on Issuance of Equity. Except for the Approved Equity Issuances, Borrower will not, directly or indirectlyand will not permit any of its Subsidiaries to, at any time issue, sell, assign, or otherwise dispose of (a) any of its equity interests, (b) any securities exchangeable for or convertible into or carrying any rights to acquire any of its equity interests, or (c) any option, warrant, or other right to acquire any of its equity interests.

Appears in 1 contract

Samples: Loan Agreement (Dgse Companies Inc)

Limitation on Issuance of Equity. Borrower will not, directly or indirectly, at any time issue, sell, assign, or otherwise dispose of (a) any of its equity interestsEquity Interests, (b) any securities exchangeable for or convertible into or carrying any rights to acquire any of its equity interestsEquity Interests, or (c) any option, warrant, warrant (or other right to acquire any of its equity interestsEquity Interests), except in each case, where contemplated by any instrument existing and disclosed to the Lenders on the Closing Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Imageware Systems Inc)

AutoNDA by SimpleDocs

Limitation on Issuance of Equity. Borrower will not, directly or indirectlynot and will not permit any of its Subsidiaries to, at any time issue, sell, assign, or otherwise dispose of (a) any of its equity interests, (b) any securities exchangeable for or convertible into or carrying any rights to acquire any of its equity interests, or (c) any option, warrant, or other right to acquire any of its equity interests.

Appears in 1 contract

Samples: Loan Agreement (Coolbrands International Inc)

Limitation on Issuance of Equity. Except as disclosed in the Prospectus, Borrower will not, directly or indirectly, at any time time, issue, sell, assign, assign or otherwise dispose of (a) any of its equity interests, ; (b) any securities exchangeable for or convertible into or carrying any rights to acquire any of its equity interests, ; or (c) any option, warrant, or other right to acquire any of its equity interests.

Appears in 1 contract

Samples: Credit Agreement (Vertical Capital Income Fund)

Time is Money Join Law Insider Premium to draft better contracts faster.