Additional Equity Interests. Not consent to or approve the issuance to the Debtor or any other person of (i) any additional shares of any class of capital stock or other equity interests of GLFEDC, (ii) any securities convertible either voluntarily by the holder thereof or automatically upon the occurrence or nonoccurrence of any event or condition into, or any securities exchangeable for, shares of GLFEDC’s capital stock or (iii) any warrants or stock options of any nature of GLFEDC.
Appears in 3 contracts
Sources: Security Agreement (Gulf United Energy, Inc.), Security Agreement (Gulf United Energy, Inc.), Security Agreement (Gulf United Energy, Inc.)