Covenant of the Company. The Company will not declare or pay any dividend on, or purchase, acquire or make a distribution or liquidation payment with respect to, any of its capital stock, or make any guarantee payments with respect thereto, if at such time (i) there shall have occurred and be continuing any Event of Default under the Indenture or (ii) the Company shall have given notice of its selection of an Extended Interest Payment Period and such period, or any extension thereof, shall be continuing.
Appears in 13 contracts
Samples: Second Supplemental Indenture (Columbus Southern Power Co /Oh/), Third Supplemental Indenture (Columbus Southern Power Co /Oh/), Second Supplemental Indenture (Columbus Southern Power Co /Oh/)
Covenant of the Company. The Company will not declare or pay any dividend divi- dend on, or purchase, acquire or make a distribution or liquidation payment with respect to, any of its capital stock, or make any guarantee payments with respect thereto, if at such time (i) there shall have occurred and be continuing any Event of Default under the Indenture or (ii) the Company shall have given notice of its selection of an Extended Interest Payment Period and such period, or any extension thereof, shall be continuing.
Appears in 1 contract
Samples: Second Supplemental Indenture (Indiana Michigan Power Co)
