Common use of Disqualified Equity Interests Clause in Contracts

Disqualified Equity Interests. (a) Issue any Disqualified Equity Interests, or (b) be or become liable in respect of any obligation (contingent or otherwise) to purchase, redeem, retire, acquire or make any other payment in respect of any Equity Interests of any Loan Party or any Subsidiary.

Appears in 3 contracts

Sources: Loan and Security Agreement (Lulu's Fashion Lounge Holdings, Inc.), Loan Agreement (Orion Group Holdings Inc), Loan and Security Agreement (Alliance Entertainment Holding Corp)

Disqualified Equity Interests. (a) Issue any Disqualified Equity Interests, or (b) be or become liable in respect of any obligation (contingent or otherwise) to purchase, redeem, retire, acquire or make any other payment in respect of any Equity Interests of any Loan Party the Borrower or any SubsidiarySubsidiary of the Borrower.

Appears in 1 contract

Sources: Credit Agreement (FlexShopper, Inc.)