Common use of Capital Changes; Dividends; Redemptions Clause in Contracts

Capital Changes; Dividends; Redemptions. IVP will not issue or sell any shares of its capital stock or other securities except in connection with a financing transaction which results in IVP receiving working capital, acquire directly or indirectly, by redemption or otherwise, any such capital stock, reclassify or split-up any such capital stock, declare or pay any dividends thereon in cash, securities or other property or make any other distribution with respect thereto, or grant or enter into any options, warrants, calls or commitments of any kind with respect thereto.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Ivp Technology Corp), Stock Purchase Agreement (Ivp Technology Corp), Stock Purchase Agreement (Ivp Technology Corp)

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Capital Changes; Dividends; Redemptions. IVP will not issue or sell any shares of its capital stock or other securities except in connection with a the Financing or any other financing transaction which results in IVP receiving working capital, acquire directly or indirectly, by redemption or otherwise, any such capital stock, reclassify or split-up any such capital stock, declare or pay any dividends thereon in cash, securities or other property or make any other distribution with respect thereto, or grant or enter into any options, warrants, calls or commitments of any kind with respect thereto.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ivp Technology Corp)

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