Protection Provisions Sample Clauses

Protection Provisions. So long as any Unit of the Class B, Series 1 Units is outstanding, the Partnership shall not, and shall not cause or permit any of its Subsidiaries to, without the prior approval of the Class B, Series 1 Limited Partners holding at least a majority of the Units of Class B, Series 1 Units then outstanding, issue or sell (x) any additional Class B, Series 1 Units, or any other interests in or rights to (including economic rights based on or with respect to) the ▇▇▇▇▇ Contributed Companies or (y) any securities convertible into or exercisable or exchangeable for any of the foregoing.

Protection Provisions. Total working hours

Protection Provisions. From the date hereof until the Closing Date and continuing thereafter for so long as any shares of 2006 Preferred Stock are outstanding, other than the exchange of 2005 Preferred Stock for 2006 Preferred Stock hereunder pursuant to the MFN Rights, the Company shall not take any of the following corporate actions (whether by merger, consolidation or otherwise) without first obtaining the written approval the holders of at least 65% of the shares of 2006 Preferred Stock then outstanding: (a) alter or change the rights, preferences or privileges of the 2006 Preferred Stock, or increase the authorized number of shares of 2006 Preferred Stock; (b) alter or change the rights, preferences or privileges of any capital stock of the Company so as to affect adversely the 2006 Preferred Stock or otherwise alter or change the rights, preferences or privileges of the 2006 Preferred Stock in relation to the shares of the Common Stock; (c) create or issue any class or series of capital stock of the Company specifically ranking, by its terms, on parity with or senior to the 2006 Preferred Stock, in each case as to distribution of assets upon a Liquidation Event (as defined in the Certificate of Amendment) (it being understood, acknowledged and agreed by the Purchaser that the 2005 Preferred Stock is senior to the 2006 Preferred Stock in respect of distribution of assets upon a Liquidation Event); (d) issue any shares of 2006 Preferred Stock other than pursuant to the Securities Purchase Agreement; (e) redeem, repurchase or otherwise acquire, or declare or pay any cash dividend or distribution on, any class or series of capital stock of the Company, other than the 2006 Preferred Stock or the 2005 Preferred Stock; (f) increase the par value of the Common Stock; (g) redeem, repurchase, prepay or otherwise acquire any outstanding debt securities or indebtedness of the Company, except as expressly required by the terms of such securities or indebtedness; (h) enter into any agreement, commitment, understanding or other arrangement to take any of the foregoing actions; (i) cause or authorize any Subsidiary of the Company to engage in any of the foregoing actions; or (j) consummate a transaction that would constitute a Dilutive Issuance (as defined in the Certificate of Amendment). Notwithstanding the foregoing, no action set forth in subsections (a) through (j) above that is approved by the holders of at least 51% of the shares of 2006 Preferred Stock then outstanding pursuant to...

Protection Provisions. So long as any shares of Series A Preferred Stock are outstanding, the Corporation shall not, and shall not allow any of its subsidiaries to, take any of the following actions (in each case whether by merger, consolidation, conversion or otherwise) without first obtaining the approval (by vote or written consent, as provided by the DGCL) of the Requisite Holders: A. amend, alter, change or repeal the rights, powers, preferences or privileges of the Series A Preferred Stock so as to affect the Series A Preferred Stock adversely; provided, however, that if such amendment, alteration, change or repeal would affect adversely the rights, powers, preferences or privileges of any one or more series of Series A Preferred Stock but shall not so affect each series of Series A Preferred Stock, this Paragraph A. shall require the approval (by vote or written consent, as provided by the DGCL) of the Requisite Holders of Series A Preferred Stock adversely affected, voting together as a single class, in lieu of the approval of the Requisite Holders required by this Paragraph A.; B. amend, alter, change or repeal any provision of the Corporation’s (i) Bylaws or (ii) Certificate of Incorporation (including, for the avoidance of doubt, any Certificate of Designation or Certificate of Designations (including this Certificate of Designations) filed pursuant to Section 151(g) of the DGCL), so as to affect the Series A Preferred Stock adversely (including, but not limited to, increasing the authorized number of shares of Series A Preferred Stock (except as may be necessary to allow the Corporation to fulfill the obligations of the Corporation in Article III.); C. increase the par value of the Common Stock; or D. authorize, create or issue Senior Securities or Pari Passu Securities (except for the issuance of additional shares of Series A Preferred Stock as may be necessary to allow the Corporation to fulfill the obligations of the Corporation in Article III.).

Protection Provisions. So long as any shares of Series F Preferred Stock are outstanding, the Company shall not, without first obtaining the majority written consent of the holders of Series F Preferred Stock, alter or change the rights, preferences or privileges of the Series F Preferred Stock so as to affect adversely the holders of Series F Preferred Stock.

Protection Provisions. So long as this Debenture is outstanding, the Corporation shall not, without first obtaining the approval (by vote or written consent) of the holders of all of the then Outstanding Amount under all Debentures: (a) adversely alter or change the rights, preferences or privileges of the Debentures; or (b) alter or change the rights, preferences or privileges of any capital stock of the Corporation so as to affect adversely the Debentures.

Protection Provisions. So long as any shares of Series I Preferred Stock are outstanding, the Company shall not, without first obtaining the unanimous written consent of the holders of Series I Preferred Stock, alter or change the rights, preferences or privileges of the Series I Preferred Stock so as to affect adversely the holders of Series I Preferred Stock. The Company hereby covenants and agrees that the Company will not, by amendment of its Articles of Incorporation, Bylaws or through any reorganization, transfer of assets, consolidation, merger, scheme of arrangement, dissolution, issue or sale of securities, or any other voluntary action, avoid or seek to avoid the observance or performance of any of the terms of this Certificate of Designation, and will at all times carry out all the provisions of this Certificate of Designation and take all action as may be required to protect the rights of the Holders of the Series I Preferred Stock.

Protection Provisions. 11.1 Subject to any mandatory law, neither the Lender nor any Receiver will be liable: (a) in respect of any loss or damage that results from the exercise, attempted exercise or non-exercise by the Lender or a Receiver of its rights under these General Security Terms or conferred by law; or (b) to account as a mortgagee in possession in respect of any Secured Property if it, any person on its behalf or any Receiver takes possession of any Secured Property. 11.2 In relation to the exercise or purported exercise of the rights of the Lender or a Receiver under these General Security Terms or conferred by law, no person: (a) need enquire: (i) whether the relevant rights were exercised or are exercisable; or (ii) about the propriety or regularity of any transaction or dealing; or (b) will be affected by notice that any such transaction or dealing is unnecessary or improper. 11.3 Subject to any mandatory law, the Obligor will indemnify the Lender, each Attorney and each Receiver against each cost incurred by it as a result of: (a) the occurrence or continuance of an Event of Default; or (b) anything done or omitted by it in the exercise of its rights under these General Security Terms or conferred by law (whether or not arising by reason of mistake, oversight, negligence or error of judgment), by payment to it on demand of the amount and in the currency that it certifies is required to compensate it for that cost. 11.4 The above indemnities are unconditional and irrevocable and are to survive both termination of the Loan Agreement and payment of all other Secured Indebtedness and performance of and compliance with all Secured Obligations. The above indemnities are not to be discharged or impaired by any act, omission, matter or thing that might discharge or impair them but for this subclause.

Protection Provisions. So long as any Series CC Convertible Preferred Stock are outstanding, the Company shall not, without first obtaining the approval of a majority of the holders: (a) alter or change the rights, preferences or privileges of the Series CC Convertible Preferred Stock; and/or (b) alter or change the rights, preferences or privileges of any capital stock of the Company so as to affect adversely the Series CC Convertible Preferred Stock.