Common use of Distributions or Dividends Clause in Contracts

Distributions or Dividends. No Borrower will declare or make (directly or indirectly) any payment or distribution with respect to, or incur any liability for the purchase, acquisition, redemption or retirement of, any of its equity interests (including warrants therefor) or as a dividend, return of capital or other payment or distribution of any kind to any holder of any such equity interest. Notwithstanding the foregoing, so long as no Default then exists under the Loan Documents or would otherwise be caused by the payment of such dividend, then any Borrower may declare and distribute reasonable and lawful dividends to any of its owners that are also a Borrower. Notwithstanding the foregoing, NBG will make all payments and distributions to the Lenders entitled thereto required under or in connection with the Option and Warrant Agreement, the Warrants and/or any related warrant shares.

Distributions or Dividends. No Borrower will declare or make (directly or indirectly) any payment or distribution with respect to, or incur any liability for the purchase, acquisition, redemption or retirement of, any of its equity interests (including warrants therefor) or as a dividend, return of capital or other payment or distribution of any kind to any holder of any such equity interest. Notwithstanding the foregoing, so long as no Default then exists under the Loan Documents or would otherwise be caused by the payment of such dividend, then any Borrower may declare and distribute reasonable and lawful dividends to any of its owners that are also a Borrower. Notwithstanding the foregoing, NBG BiznessOnline will make all payments and distributions to the Lenders entitled thereto required under Section 1.7.1.2 or under or in connection with the Option and Warrant Agreement, the Warrants and/or any related warrant shares.