Common use of Distributions to Shareholders Clause in Contracts

Distributions to Shareholders. If an Event of Default specified in Section 10.1(a) or Section 10.1(b) occurs and is not cured within ten Business Days thereafter, if a Default or an Event of Default specified in Section 10.1(f) or Section 10.1(g) shall have occurred and be continuing, or if as a result of the occurrence of any other Event of Default the Obligations have been accelerated pursuant to Section 10.2(a), make (a) any dividend or other distribution on account of any of its capital stock; (b) any acquisition for value of any capital stock of Borrower; or (c) any payment made to retire, or to obtain the surrender of, any outstanding warrants, options, or other rights to acquire any capital stock of Borrower.

Distributions to Shareholders. If an Event of Default specified in Section SECTION 10.1(a) or Section SECTION 10.1(b) occurs and is not cured within ten Business Days thereafter, if a Default or an Event of Default specified in Section SECTION 10.1(f) or Section SECTION 10.1(g) shall have occurred and be continuing, or if as a result of the occurrence of any other Event of Default the Obligations have been accelerated pursuant to Section SECTION 10.2(a), make (a) any dividend or other distribution on account of any of its capital stock; (b) any acquisition for value of any capital stock of Borrower; or (c) any payment made to retire, or to obtain the surrender of, any outstanding warrants, options, or other rights to acquire any capital stock of Borrower.

Distributions to Shareholders. If an Event of Default specified in Section SECTION 10.1(a) or Section 10.1(b) occurs SECTION 10.1(b)occurs and is not cured within ten Business Days thereafter, if a Default or an Event of Default specified in Section SECTION 10.1(f) or Section 10.1(g) shall SECTION 10.1(g)shall have occurred and be continuing, or if as a result of the occurrence of any other Event of Default the Obligations have been accelerated pursuant to Section SECTION 10.2(a), make (a) any dividend or other distribution on account of any of its capital stock; (b) any acquisition for value of any capital stock of Borrower; or (c) any payment made to retire, or to obtain the surrender of, any outstanding warrants, options, or other rights to acquire any capital stock of Borrower.

Distributions to Shareholders. If an Event of Default specified in Section SECTION 10.1(a) or Section SECTION 10.1(b) occurs and is not cured within ten Business Days thereafter, if a Default or an Event of Default specified in Section SECTION 10.1(f) or Section SECTION 10.1(g) shall have occurred and be continuing, or if as a result of the occurrence of any other Event of Default the Obligations have been accelerated pursuant to Section SECTION 10.2(a), make (a) any dividend or other distribution on account of any of its capital stock; (b) any acquisition for value of any capital stock of Borrower; or (c) any payment made to retire, or to obtain the surrender of, any outstanding warrants, options, options or other rights to acquire any capital stock of Borrower.

Distributions to Shareholders. If an Event of Default specified in Section 10.1(a) or Section 10.1(b) occurs and is not cured within ten (10) Business Days thereafter, if a Default or an Event of Default specified in Section 10.1(f) or Section 10.1(g) shall have occurred and be continuing, or if as a result of the occurrence of any other Event of Default the Obligations have been accelerated pursuant to Section 10.2(a), make (a) any dividend or other distribution on account of any of its capital stock; (b) any acquisition for value of any capital stock of Borrowerthe Company; or (c) any payment made to retire, or to obtain the surrender of, any outstanding warrants, options, options or other rights to acquire any capital stock of Borrowerthe Company.