Common use of Dividend Certificate Clause in Contracts

Dividend Certificate. Upon delivery of the financial statements to be delivered by Company pursuant to Sections 8.01(a) and (b), a certificate executed by the chief financial officer or chief executive officer of Company setting forth Company's net cash flow from operations (as that term is used in Section 9.03 of this Agreement) for each of the preceding four-quarter periods and the amount of Dividends paid by Company and the amount expended by Company to repurchase any of its shares of stock during such four-quarter periods.

Appears in 1 contract

Samples: Revolving Credit Agreement (Cross Timbers Oil Co)

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Dividend Certificate. Upon delivery of the financial statements -------------------- to be delivered by Company pursuant to Sections 8.01(a) and (b), a certificate executed by the chief financial officer or chief executive officer of Company setting forth Company's net cash flow from operations (as that term is used in Section 9.03 of this Agreement) for each of the preceding four-quarter periods and the amount of Dividends paid by Company and the amount expended by Company to repurchase any of its shares of stock during such four-quarter periods.. (j)

Appears in 1 contract

Samples: Revolving Credit Agreement (Cross Timbers Oil Co)

Dividend Certificate. Upon delivery of the financial statements to be delivered by Company pursuant to Sections 8.01(a) and (b), a certificate executed by the chief financial officer or chief executive officer of Company setting forth Company's net cash flow from operations (as that term is used in Section 9.03 of this Agreement) for each of the preceding four-quarter periods and the amount of Dividends paid by Company and the amount expended by Company to repurchase any of its shares of stock during such four-quarter periods.. (j)

Appears in 1 contract

Samples: Credit Agreement (Cross Timbers Oil Co)

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Dividend Certificate. Upon delivery of the financial statements -------------------- to be delivered by Company pursuant to Sections 8.01(a) and (b), a certificate executed by the chief financial officer or chief executive officer of Company setting forth Company's net cash flow from operations (as that term is used in Section 9.03 of this Agreement) for each of the preceding four-quarter periods and the amount of Dividends paid by Company and the amount expended by Company to repurchase any of its shares of stock during such four-quarter periods.. -50-

Appears in 1 contract

Samples: Revolving Credit Agreement (Cross Timbers Oil Co)

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