Common use of FUTURE STOCK ISSUANCE Clause in Contracts

FUTURE STOCK ISSUANCE. Without the prior written consent of Purchaser, and notwithstanding Section 4.2 hereof, during the Covered Period, the Corporation shall not issue (or agree to issue) any shares of capital stock other than Excluded Stock.

Appears in 5 contracts

Sources: Stock Purchase Agreement (Penske Motorsports Inc), Stock Purchase Agreement (International Speedway Corp), Stock Purchase Agreement (Grand Prix Association of Long Beach Inc)