Capital Stock and Dividends. So long as any Default or Unmatured Default has occurred and is continuing before or immediately after giving effect thereto, the Borrower will not declare or pay any dividends or make any distributions on its capital stock (other than dividends payable in its own capital stock) or redeem, repurchase or otherwise acquire or retire any of its capital stock or any options or other rights in respect thereof at any time outstanding.
Appears in 7 contracts
Samples: Term Credit Agreement (Aon Corp), Assignment and Assumption Agreement (Aon Corp), Credit Agreement (Aon Corp)