Common use of Dividend Restriction Clause in Contracts

Dividend Restriction. The Proponent will not make any dividend payments or other shareholder distributions that would prevent it from implementing the Project and other Proponent’s obligations under the Agreement including the making of payments to the Minister as required under the Agreement.

Appears in 3 contracts

Samples: Technology Partnerships Agreement, Technology Partnerships Agreement, Technology Partnership Agreement (MIGENIX Inc.)

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Dividend Restriction. The Proponent will not make any dividend payments or other shareholder distributions that would prevent it from implementing the Project and other Proponent’s 's obligations under the Agreement including the making of payments to the Minister as required under the Agreement.

Appears in 3 contracts

Samples: Technology Partnership Agreement (Mitel Networks Corp), Technology Partnership Agreement (Mitel Networks Corp), Technology Partnerships Agreement (Offshore Systems International LTD)

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Dividend Restriction. The Proponent will not make any dividend payments or other shareholder distributions that would prevent it from implementing the Project and other Proponent’s 's obligations under the Agreement Agreement, including the making of payments to the Minister ACOA as required under the Agreement.

Appears in 1 contract

Samples: Funding Agreement (Navitrak International CORP)

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