Common use of Certain Dividends and Distributions Clause in Contracts

Certain Dividends and Distributions. The Company shall not make, or fix a record date for the determination of holders of Common Stock or other securities entitled to receive, a dividend or other distribution payable in additional shares of Common Stock, with an effective date within thirty (30) trading days of the Maturity Date.

Appears in 3 contracts

Samples: Debenture Agreement (Objective Communications Inc), Debenture Agreement (Bio Plexus Inc), Debenture Agreement (Objective Communications Inc)

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Certain Dividends and Distributions. The Company shall not make, or fix a record date for the determination of holders of Common Stock or other securities entitled to receive, a dividend or other distribution payable in additional shares of Common Stock, with an effective date within thirty (30) trading days of the Maturity Date.

Appears in 2 contracts

Samples: Convertible Subordinated Debenture (Ross Systems Inc/Ca), Convertible Subordinated Debenture (Ross Systems Inc/Ca)

Certain Dividends and Distributions. The Company shall not make, or fix a record date for the determination of holders of Common Stock or other securities entitled to receive, receive a dividend or other distribution payable in additional shares of Common Stock, Stock with an effective date within thirty five (305) trading days of the Maturity Date.

Appears in 1 contract

Samples: Convertible Debenture (American Biogenetic Sciences Inc)

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Certain Dividends and Distributions. The Company shall not make, or fix a record date for the determination of holders of Common Stock or other securities entitled to receive, a dividend or other distribution payable in additional shares of Common Stock, with an effective date within thirty five (305) trading days of a Redemption Date, the Maturity Datereceipt of a Conversion Notice, or the effective date of a Paragraph 4 Transaction.

Appears in 1 contract

Samples: Convertible Debenture Agreement (Oncor Inc)

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