Common use of Conduct of Business by the Purchaser Clause in Contracts

Conduct of Business by the Purchaser. During the Interim Period, Purchaser and each of its subsidiaries shall not (i) amend the Purchaser certificate of incorporation, bylaws or other governing documents (other than to change its name); (ii) split, combine or reclassify its outstanding shares of capital stock; or (iii) declare, set aside or pay any dividend payable in cash, stock or property in respect of any capital stock other than dividends from its wholly-owned subsidiaries.

Appears in 4 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (Spherix Inc), Agreement and Plan of Merger (DatChat, Inc.)

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