Common use of Distributions to Stockholders Clause in Contracts

Distributions to Stockholders. During the Forbearance Period, the Borrower and its Subsidiaries shall not make any cash distributions (including Stockholder Distributions) on account of any equity interests or stock.

Appears in 3 contracts

Samples: Limited Forbearance Agreement (Champion Industries Inc), Limited Forbearance Agreement (Champion Industries Inc), Limited Forbearance Agreement (Champion Industries Inc)

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Distributions to Stockholders. During the Forbearance Period, the Borrower and and/or its Subsidiaries shall not make any cash distributions (including Stockholder Distributions) on account of any equity interests or stock.

Appears in 1 contract

Samples: Credit Agreement (Champion Industries Inc)

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