Common use of Capital Stock; Dividends Clause in Contracts

Capital Stock; Dividends. Borrower will not redeem, repurchase or otherwise make any payment or distribution to acquire any of its capital stock. Borrower will not pay cash dividends or make other distributions on account of its capital stock. The foregoing shall not preclude Borrower from implementing stock splits or paying stock dividends.

Capital Stock; Dividends. Except in accordance with existing employee benefit plans, no Borrower will not redeem, repurchase or otherwise make any payment or distribution to acquire any of its capital stock. No Borrower will not pay cash dividends or make other distributions on account of its capital stock. The foregoing shall not preclude Borrower from implementing stock splits , except for dividends or paying stock dividendsdistributions to another Borrower.

Capital Stock; Dividends. No Borrower will not redeem, repurchase or otherwise make any payment or distribution to acquire any of its capital stockstock except in accordance with existing buy-sell agreements or in exchange for stock of one of the Borrowers. No Borrower will not pay cash dividends or make other distributions on account of its capital stock. The foregoing shall not preclude Borrower from implementing stock splits or paying stock dividends.