Common use of No Issuance of Securities Clause in Contracts

No Issuance of Securities. Seller and the Company will refrain from authorizing or issuing any shares of capital stock or other equity securities of the Company, or from entering into any insurance policies constituting the Business or granting any option, warrant, or right calling for the authorization or issuance of any such shares or other equity securities, or creating or issuing any securities directly or indirectly convertible into or exchangeable for any such shares or other equity securities, or issuing any options, warrants, or rights to purchase any such convertible securities.

No Issuance of Securities. Except as contemplated by this Agreement with respect to Option Holders, Seller and will cause the Company will to refrain from authorizing or issuing any shares of its capital stock or other equity securities of the Company, or from entering into any insurance policies constituting the Business Contract or granting any option, warrant, or right calling for the authorization or issuance of any such shares or other equity securities, or creating or issuing any securities directly or indirectly convertible into or exchangeable for any such shares or other equity securities, or issuing any options, warrants, or rights to purchase any such convertible securities.

No Issuance of Securities. The Seller and the will cause each Company will to refrain from authorizing or issuing any shares of its capital stock or other equity securities of the Company, or from entering into any insurance policies constituting the Business Contract or granting any option, warrant, or right calling for the authorization or issuance of any such shares or other equity securities, or creating or issuing any securities directly or indirectly convertible into or exchangeable for any such shares or other equity securities, or issuing any options, warrants, or rights to purchase any such convertible securities.

No Issuance of Securities. Seller and will cause the Company will to refrain from authorizing or issuing any shares of its capital stock (or other equity securities of the Company, any interest therein) or from entering into any insurance policies constituting the Business Contract or granting any option, warrant, or right calling for the authorization or issuance of any such shares of capital stock of any Company (or other equity securitiesany interest therein), or creating or issuing any securities directly or indirectly convertible into or exchangeable for any such shares (or other equity securitiesany interest therein), or issuing any options, warrants, or rights to purchase any such convertible securitiessecurities (or any interest therein).

No Issuance of Securities. Seller and will cause the Company will Companies to refrain from authorizing or issuing any shares of the Companies' capital stock or other equity securities of the Company, or from entering into any insurance policies constituting the Business contract or granting any option, warrant, or right calling for the authorization or issuance of any such shares or other equity securities, or creating or issuing any securities directly or indirectly convertible into or exchangeable for any such shares or other equity securities, or issuing any options, warrants, or rights to purchase any such convertible securities.