Common use of Limitation on Issuance of Equity Interests Clause in Contracts

Limitation on Issuance of Equity Interests. Except for the issuance or sale of Qualified Equity Interests by Borrower, Borrower will not, and will not permit any of its Subsidiaries to issue or sell or enter into any agreement or arrangement for the issuance or sale of any of its Equity Interests.

Appears in 10 contracts

Sources: Credit Agreement (Asure Software Inc), Credit Agreement (Asure Software Inc), Credit Agreement (Asure Software Inc)

Limitation on Issuance of Equity Interests. Except for the issuance or sale of Qualified Equity Interests by Administrative Borrower, each Borrower will not, and will not permit any of its Subsidiaries to to, issue or sell or enter into any agreement or arrangement for the issuance or sale of any of its Equity Interests.

Appears in 7 contracts

Sources: Credit Agreement (Connecture Inc), Second Lien Term Loan Agreement (Connecture Inc), Credit Agreement (Connecture Inc)

Limitation on Issuance of Equity Interests. Except for the issuance or sale of Qualified Equity Interests by Borrower, and except as contemplated by the Approved Plan, Borrower will not, and will not permit any of its Subsidiaries to issue or sell or enter into any agreement or arrangement for the issuance or sale of any of its Equity Interests.

Appears in 5 contracts

Sources: Credit Agreement (Nuverra Environmental Solutions, Inc.), Credit Agreement (Nuverra Environmental Solutions, Inc.), Credit Agreement (Nuverra Environmental Solutions, Inc.)

Limitation on Issuance of Equity Interests. Except for the issuance or sale of Qualified Equity Interests by BorrowerInterests, Borrower will not, and will not permit any of its Subsidiaries that are Loan Parties to issue or sell or enter into any agreement or arrangement for the issuance or sale of any of its Equity Interests.

Appears in 4 contracts

Sources: Credit Agreement (Titan Machinery Inc.), Credit Agreement (Titan Machinery Inc.), Credit Agreement (Titan Machinery Inc.)

Limitation on Issuance of Equity Interests. Except for as permitted under the issuance or sale of Qualified Equity Interests by BorrowerCreditor Support Agreement, Borrower will not, and will not permit any of its Subsidiaries to issue or sell or enter into any agreement or arrangement for the issuance or sale of any of its Equity Interests.

Appears in 2 contracts

Sources: Debtor in Possession Credit Agreement (Erickson Inc.), Senior Secured Second Lien Debtor in Possession Credit Agreement

Limitation on Issuance of Equity Interests. Except for the issuance or sale of Qualified Equity Interests by Administrative Borrower, each Borrower will not, and will not permit any of its Subsidiaries to to, issue or sell or enter into any agreement or arrangement for the issuance or sale of any of its Equity InterestsInterests other than in connection with any Permitted Investment between any Borrower and its Subsidiaries or among Borrowers’ Subsidiaries.

Appears in 2 contracts

Sources: Credit Agreement (EGAIN Corp), Credit Agreement (EGAIN Corp)

Limitation on Issuance of Equity Interests. Except for the issuance or sale of Qualified Equity Interests by Parent Borrower, each Borrower will not, and will not permit any of its Subsidiaries to issue or sell or enter into any agreement or arrangement for the issuance or sale of any of its Equity Interests.

Appears in 2 contracts

Sources: Credit Agreement (Inventure Foods, Inc.), Credit Agreement (Inventure Foods, Inc.)

Limitation on Issuance of Equity Interests. Except for the issuance or sale of Qualified Equity Interests by Borrower, Borrower will not, and will not permit any of its Subsidiaries to issue or sell or enter into any agreement or arrangement for the issuance or sale of any of its Equity InterestsInterests other than, so long as such issuance or sale is permitted pursuant to clause (j) of the definition of Permitted Dispositions, to a Loan Party or its Subsidiaries.

Appears in 2 contracts

Sources: Credit Agreement (Quantum Corp /De/), Credit Agreement (Quantum Corp /De/)

Limitation on Issuance of Equity Interests. Except for as permitted by the issuance or sale of Qualified Equity Interests by BorrowerSupport Agreement, each Borrower will not, and will not permit any of its Subsidiaries to issue or sell or enter into any agreement or arrangement for the issuance or sale of any of its Equity Interests.

Appears in 1 contract

Sources: Debt Agreement (Erickson Inc.)

Limitation on Issuance of Equity Interests. Except for the issuance or sale of Qualified Equity Interests by Borrower, Borrower will not, and will not permit any of its Subsidiaries to issue or sell or enter into any agreement or arrangement for the issuance or sale of any of its Equity Interests.

Appears in 1 contract

Sources: Credit Agreement (Diamond Foods Inc)

Limitation on Issuance of Equity Interests. Except for the issuance or sale of Qualified Equity Interests by BorrowerInterests, no Borrower will notwill, and will not permit any of its Subsidiaries that are Loan Parties to issue or sell or enter into any agreement or arrangement for the issuance or sale of any of its Equity Interests.

Appears in 1 contract

Sources: Credit Agreement (Titan Machinery Inc.)

Limitation on Issuance of Equity Interests. Except for the issuance or sale of Qualified Equity Interests by Borrower, Borrower will not, and will not permit any of its Subsidiaries or Parent to issue or sell or enter into any agreement or arrangement for the issuance or sale of any of its Equity Interests.

Appears in 1 contract

Sources: Credit Agreement (Streamline Health Solutions Inc.)

Limitation on Issuance of Equity Interests. Except for the issuance or sale of Qualified Equity Interests by Borrower, Borrower will not, and will not permit any of its Subsidiaries to issue or sell or enter into any agreement or arrangement for the issuance or sale of any of its Equity InterestsInterests except to the extent required to satisfy legal requirements of the foreign jurisdiction under which such Subsidiary is organized and exists.

Appears in 1 contract

Sources: Credit Agreement (Callidus Software Inc)

Limitation on Issuance of Equity Interests. Except for the issuance or sale of Qualified Equity Interests by Borrower, Borrower will not, and will shall not permit any of its Subsidiaries to issue or sell or enter into any agreement or arrangement for the issuance or and sale of any Equity Interests of its Equity InterestsBorrower.

Appears in 1 contract

Sources: Loan Agreement (AG Mortgage Investment Trust, Inc.)

Limitation on Issuance of Equity Interests. Except for the issuance or sale of Qualified Equity Interests by BorrowerParent, Borrower Borrowers will not, and will not permit any of its their Subsidiaries to to, issue or sell or enter into any agreement or arrangement for the issuance or sale of any of its their Equity InterestsInterests to any Person other than a Loan Party.

Appears in 1 contract

Sources: Credit Agreement (Aventine Renewable Energy Holdings Inc)

Limitation on Issuance of Equity Interests. Except for the issuance or sale of Qualified Equity Interests by BorrowerBorrower or a disposition permitted by Section ‎6.4, Borrower will not, and will not permit any of its Subsidiaries to issue or sell or enter into any agreement or arrangement for the issuance or sale of any of its Equity Interests.

Appears in 1 contract

Sources: Credit Agreement (Pernix Therapeutics Holdings, Inc.)

Limitation on Issuance of Equity Interests. Except for the issuance or sale of Qualified Equity Interests by Borrower, Borrower will not, and will not permit any of its Subsidiaries to issue or sell or enter into any agreement or arrangement for the issuance or sale of any of its Equity InterestsInterests except for the issuance of Equity Interests by a Subsidiary of Borrower to Borrower.

Appears in 1 contract

Sources: Loan and Security Agreement (NewStar Financial, Inc.)