Common use of No Other Commitments Clause in Contracts

No Other Commitments. Except for the Litronic Options and Litronic Warrants disclosed in or pursuant to Section 4.2.1, there are no options, warrants, calls, rights, commitments, conversion rights, exchange rights or agreements of any character to which Litronic or any of the Litronic Subsidiaries is a party or by which Litronic or any of the Litronic Subsidiaries is bound obligating Litronic or any of the Litronic Subsidiaries to issue, deliver or sell, or cause to be issued, delivered or sold, any shares of capital stock of Litronic or any of the Litronic Subsidiaries or securities convertible into or exchangeable for shares of capital stock of Litronic or any of the Litronic Subsidiaries, or obligating Litronic or any of the Litronic Subsidiaries to grant, extend or enter into any such option, warrant, call, right, commitment, conversion right or agreement. There are no voting trusts or other agreements or understandings to which Litronic or any of the Litronic Subsidiaries is a party with respect to the voting of the capital stock of Litronic or any of the Litronic Subsidiaries. There are no put agreements or registration rights agreements, or any other agreements of any character or nature to which Litronic is a party or by which Litronic is bound, obligating Litronic to purchase or register, or cause to be purchased or registered, any shares of capital stock of Litronic or securities convertible into or exchangeable for shares of capital stock of Litronic.