Stock Collateral. (1) The Company will cause the Stock Collateral to constitute at all times 100% of the total number of shares of each class of capital stock of each Issuer then outstanding that is owned directly or indirectly by the Company.
Appears in 17 contracts
Samples: Security Agreement (Petro River Oil Corp.), Security Agreement (Petro River Oil Corp.), Security Agreement (Petro River Oil Corp.)
Stock Collateral. (1) The Company Obligors will cause the Stock Collateral to constitute at all times 100% of the total number of shares of each class of capital stock of each Issuer direct Subsidiary of any Obligor then outstanding that is owned directly or indirectly by the Companyoutstanding.
Appears in 3 contracts
Samples: Security Agreement (Itc Deltacom Inc), Security Agreement (Itc Deltacom Inc), Security Agreement (Itc Deltacom Inc)
Stock Collateral. (1) The Company will cause the Stock Collateral to constitute at all times 100% of the total number of shares of each class of capital stock of each Issuer then outstanding outstanding; provided that if any such Issuer is owned directly organized under the laws of jurisdiction other than the United States of America or indirectly by a State thereof, the CompanyCompany need only cause the Stock Collateral of such Issuer to constitute not less than 65% of the total number of shares of each class of capital stock of such Issuer then outstanding.
Appears in 2 contracts
Samples: Credit Agreement (Be Aerospace Inc), Credit Agreement (Be Aerospace Inc)
Stock Collateral. (1) The Company will cause the Stock Collateral to constitute at all times 100% of the total number of shares of each class of capital stock of each Issuer then outstanding outstanding; provided that if any such Issuer is owned directly organized under the laws of jurisdiction other than the United States of America or indirectly by a State thereof, the CompanyCompany need only cause the Stock Collateral of such Issuer to constitute 65% of the total number of shares of each class of capital stock of such Issuer then outstanding.
Appears in 1 contract
Samples: Credit Agreement (Be Aerospace Inc)
Stock Collateral. (1) The Company Debtor will cause the Stock Collateral to constitute at all times 100% of the total number of shares of each class of capital stock of each Issuer then outstanding that is owned directly or indirectly by the CompanyDebtor.
Appears in 1 contract
Stock Collateral. (1) The Company Obligors will cause the Stock Collateral to constitute at all times 100% of the total number of shares of each class of capital stock of each Issuer then outstanding that is owned directly or indirectly by the Companyoutstanding.
Appears in 1 contract
Samples: Security Agreement (International Telecommunication Data Systems Inc)
Stock Collateral. (1i) The Company will cause the Stock Collateral to constitute at all times 100% of the total number of shares of each class of capital stock Capital Stock of each Issuer then outstanding that is owned directly or indirectly by the CompanyIssuer.
Appears in 1 contract
Samples: Security Agreement (Tech Electro Industries Inc/Tx)
