Common use of No Issuance of Securities Clause in Contracts

No Issuance of Securities. The Seller will cause each Company to refrain from authorizing or issuing any shares of its capital stock or other equity securities or entering into any 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.

Appears in 1 contract

Samples: Acquisition Agreement (Healthplan Services Corp)

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No Issuance of Securities. The Seller will cause each the Company to refrain from authorizing or issuing any shares of its capital stock (or other equity securities any interest therein) or entering into any Contract or granting any option, warrant, or right calling for the authorization or issuance of any such shares of capital stock of the 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).

Appears in 1 contract

Samples: Stock Purchase Agreement (Life Re Corp)

No Issuance of Securities. The Seller will cause each the Company to refrain from authorizing or issuing any shares of its capital stock (or other equity securities any interest therein) or entering into any 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).

Appears in 1 contract

Samples: Stock Purchase Agreement (Uici)

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No Issuance of Securities. The Seller will cause each the Company to refrain from authorizing or issuing any shares of its capital stock or other equity securities or entering into any Contract 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.

Appears in 1 contract

Samples: Stock Acquisition Agreement (Zenith National Insurance Corp)

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