Common use of Distributions and Repurchases Clause in Contracts

Distributions and Repurchases. No distribution, payment or dividend of any kind has been declared or paid by Seller on any of its capital stock since the Balance Sheet Date. No repurchase of any of Seller's capital stock has been approved, effected or is pending, or is contemplated by the Board of Directors of Seller.

Distributions and Repurchases. No distribution, payment or dividend of any kind has been declared or paid by Seller on any of its capital stock since the Balance Sheet Dateat any time. No repurchase of any of Seller's capital stock has been approved, approved or effected or is pending, or is contemplated by the Board of Directors of SellerSeller at any time.