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

Limitation on Issuance of Preferred Stock. Issue or sell or enter into any agreement or arrangement for the issuance and sale of, or permit any of its Subsidiaries to issue or sell or enter into any agreement or arrangement for the issuance and sale of, any shares of Prohibited Preferred Stock, any securities convertible into or exchangeable for Prohibited Preferred Stock or any warrants to purchase Prohibited Preferred Stock.

Appears in 3 contracts

Samples: Credit Agreement (Progressive Gaming International Corp), Financing Agreement (Progressive Gaming International Corp), Note and Warrant Purchase Agreement (Progressive Gaming International Corp)

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Limitation on Issuance of Preferred Stock. Issue or sell or enter into any agreement or arrangement for the issuance and sale of, or permit any of its Subsidiaries to issue or sell or enter into any agreement or arrangement for the issuance and sale of, any shares of Prohibited its Preferred Stock, any securities convertible into or exchangeable for Prohibited except that Holdings may issue Permitted Preferred Stock or and any warrants to purchase Prohibited Restricted Subsidiary of Borrower may issue Permitted Preferred Stock.

Appears in 2 contracts

Samples: Credit Agreement (AdvancePierre Foods Holdings, Inc.), Credit Agreement (AdvancePierre Foods Holdings, Inc.)

Limitation on Issuance of Preferred Stock. Issue Except for the issuance or sale of Permitted Preferred Stock by the Parent, issue or sell or enter into any agreement or arrangement for the issuance and sale of, or permit any of its Subsidiaries to issue or sell or enter into any agreement or arrangement for the issuance and sale of, any shares of Prohibited Preferred Stock, any securities convertible into or exchangeable for Prohibited Preferred Stock or any warrants to purchase Prohibited Preferred Stockwarrants.

Appears in 1 contract

Samples: Financing Agreement (PRG Schultz International Inc)

Limitation on Issuance of Preferred Stock. Issue or sell or enter into any agreement or arrangement for the issuance and sale of, or permit of any of its Subsidiaries to issue or sell or enter into any agreement or arrangement for the issuance and sale of, any shares of Prohibited Preferred Stock, any securities convertible into or exchangeable for Prohibited Preferred Stock or any warrants to purchase Prohibited Preferred Stock.

Appears in 1 contract

Samples: Credit Agreement (Exide Technologies)

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Limitation on Issuance of Preferred Stock. Issue or sell or enter into any agreement or arrangement Except for the issuance and or sale ofof Permitted Preferred Stock by Borrower, or permit any of its Subsidiaries to issue or sell or enter into any agreement or arrangement for the issuance and sale of, of any shares of Prohibited Preferred Stock, any securities convertible into or exchangeable for Prohibited Preferred Stock or any warrants to purchase Prohibited its Preferred Stock.

Appears in 1 contract

Samples: Credit Agreement (Quest Software Inc)

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