Common use of No Additional Shares Clause in Contracts

No Additional Shares. The PLEDGOR will not consent to or approve the issuance of any additional shares of any class of capital stock in the CORPORATION or any securities convertible voluntarily by the holder thereof or automatically upon the occurrence or non-occurrence of any event or condition into, or exchangeable for, any such shares; or any warrants, options, rights, or other commitments entitling any person to purchase or otherwise acquire any such shares.

Appears in 3 contracts

Samples: Stock Pledge Agreement (Martek Biosciences Corp), Loan and Security Agreement (Martek Biosciences Corp), Stock Pledge Agreement (Imtek Office Solutions Inc)

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No Additional Shares. The PLEDGOR will not consent to or approve the issuance of any additional shares of any class of capital stock in any of the CORPORATION CORPORATIONS or any securities convertible voluntarily by the holder thereof or automatically upon the occurrence or non-occurrence of any event or condition into, or exchangeable for, any such shares; or any warrants, options, rights, or other commitments entitling any person to purchase or otherwise acquire any such shares.

Appears in 1 contract

Samples: Stock Pledge Agreement (Imtek Office Solutions Inc)

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No Additional Shares. The PLEDGOR will not consent to or approve the issuance of any additional shares of any class of capital stock in the CORPORATION CORPORATIONS or any securities convertible voluntarily by the holder thereof or automatically upon the occurrence or non-occurrence of any event or condition into, or exchangeable for, any such shares; or any warrants, options, rights, or other commitments entitling any person to purchase or otherwise acquire any such shares.

Appears in 1 contract

Samples: Stock Pledge Agreement (Imtek Office Solutions Inc)

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