No Issuance of Capital Stock Sample Clauses

No Issuance of Capital Stock. Without the prior written consent of the Lender permit any Subsidiary to issue any additional Capital Stock.
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No Issuance of Capital Stock. Except as set forth or contemplated in the Prospectus, there is no outstanding option, warrant or other right calling for the issuance of, and no commitment, plan or arrangement to issue, any shares of the capital stock of the Company or any subsidiary or any security convertible into, or exercisable or exchangeable for, such stock.
Sample 1
No Issuance of Capital Stock. Without the prior written consent of the Agent and Required Lenders, issue, or permit any Subsidiary to issue, any additional Capital Stock except for (i) the issuance of Capital Stock upon the exercise of any Existing Warrant, Stock Option or Underwriter Option, and (ii) the issuance of any Capital Stock in the nature of the payment of dividend on the Preferred Stock, (iii) the issuance of any Common Stock upon the conversion of the Preferred Stock, and (iv) the issuance of any Common Stock upon the exercise of any warrants issued in connection with the Preferred Stock.
Sample 1
No Issuance of Capital Stock. For the period beginning on the Effective Date and ending nine (9) months thereafter, the Company shall not issue or Transfer any of its Capital Stock without the Investor's prior written consent, except for the issuance by the Company of shares of Common Stock (or, in the case of clause (i) below, options to purchase Common Stock) in connection with (i) the Stock Option Issuance (provided that during such nine (9)-month period, such issuances shall not exceed options to purchase up to 225,000 shares of Common Stock and the issuance of Common Stock upon the exercise of such options and provided, further, that no such options or shares of Common Stock may be issued by the Company prior to January 1, 1997), (ii) the conversion of the Series A Preferred Stock or the exercise of the Warrants or (iii) the exercise of warrants or options that are outstanding as of the Effective Date and which are specified in Section 3.2 of the Purchase Agreement.
Sample 1
No Issuance of Capital Stock. The Company shall not, since the date of this Agreement, have issued or authorized the issuance of (i) any capital stock or other security, (ii) any option or right to acquire any capital stock or other security, or (iii) any instrument convertible into or exchangeable for any capital stock or other security.
Sample 1

Related to No Issuance of Capital Stock

  • Issuance of Capital Stock Except for (a) any transaction pursuant to an Unsolicited Proposal that Maker accepts in accordance with the fiduciary exception provided in Section 3.2 of the Recapitalization Agreement or (b) shares of capital stock issuable upon exercise or conversion of warrants or convertible securities outstanding prior to February 1, 2004, Maker shall not without Holder's prior written approval: (i) issue any shares of capital stock or other securities, or any instruments exercisable for or convertible into capital stock or other securities, or (ii) make any promises, commitments, undertakings, agreements or letters of intent for any of the issuances described in (i) hereof.

  • Valid Issuance of Capital Stock The total number of shares of all classes of capital stock which the Company has authority to issue is 100,000,000 shares of Common Stock and 1,000,000 shares of preferred stock, $0.0001 par value per share (“Preferred Stock”). As of the date hereof, the Company has issued and outstanding 5,750,000 shares of Common Stock (of which up to 750,000 shares are subject to forfeiture as described in the Registration Statement) and no shares of Preferred Stock. All of the issued shares of capital stock of the Company have been duly authorized, validly issued, and are fully paid and non-assessable.

  • Limitation on Issuance of Capital Stock (a) With respect to Holdings, issue any Equity Interest that is not Qualified Capital Stock.

  • Conversion of Capital Stock At the Effective Time, by virtue of the Merger and without any action on the part of the Company, Parent, Merger Sub or the holders of any shares of capital stock of the Company, Parent or Merger Sub:

  • Description of Capital Stock The authorized capital stock of the Company conforms as to legal matters to the description thereof contained in the Prospectus.

  • Treatment of Capital Stock Subject to the provisions of this Agreement, at the Effective Time, automatically by virtue of the Merger and without any action on the part of any shareholder:

  • Restriction on Sale of Capital Stock During the Commitment Period, the Company shall not issue or sell (i) any Common Stock or Preferred Stock without consideration or for a consideration per share less than the bid price of the Common Stock determined immediately prior to its issuance, (ii) issue or sell any Preferred Stock warrant, option, right, contract, call, or other security or instrument granting the holder thereof the right to acquire Common Stock without consideration or for a consideration per share less than such Common Stock's Bid Price determined immediately prior to its issuance, or (iii) file any registration statement on Form S-8.

  • Return of Capital Except pursuant to the rights of Redemption set forth in Section 8.6, no Limited Partner shall be entitled to the withdrawal or return of his or her Capital Contribution, except to the extent of distributions made pursuant to this Agreement or upon termination of the Partnership as provided herein. No Limited Partner or Assignee shall have priority over any other Limited Partner or Assignee either as to the return of Capital Contributions, or as otherwise expressly provided in this Agreement, or as to profits, losses, distributions or credits.

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