Dividends and Loans. Borrower shall not (i) declare or pay any dividends, (ii) purchase, redeem, retire or otherwise acquire for value any of its capital stock or equity interests now or hereafter outstanding, (iii) make any distribution of assets to its stockholders, investors, or equity holders, whether in cash, assets, or in obligations of Borrower, (iv) allocate or otherwise set apart any sum for the payment of any dividend or distribution on, or for the purchase, redemption, or retirement of any shares of its capital stock or equity interests, or (v) make any other distribution by reduction of capital or otherwise in respect of any shares of its capital stock or equity interests. Borrower shall not make any loans or pay any advances of any nature whatsoever to any person or entity, except advances in the ordinary course of business to vendors, suppliers, and contractors.
Dividends and Loans. The Company has not made any payment to its shareholders or any other Person or granted or received loans or furnished securities in contravention of the Swedish Companies Act (Sw. Aktiebolagslagen (2005:551)) or the equivalent legislation in any relevant jurisdiction.
Dividends and Loans. Merit Medical shall not (a) declare or pay any dividends, (b) purchase, redeem, retire or otherwise acquire for value any of their capital stock now or hereafter outstanding, (c) make any distribution of assets to its stockholders, investors, or equity holders, whether in cash, assets, or in obligations of Merit Medical, (d) allocate or otherwise set apart any sum for the payment of any dividend or distribution on, or for the purchase, redemption, or retirement of any shares of their capital stock or equity interests, or (e) make any other distribution by reduction of capital or otherwise in respect of any shares of their capital stock or equity interests, without, in each case, the prior written consent of Lender, which consent shall not be unreasonably withheld.. No Borrower shall make any loans or pay any advances of any nature whatsoever to any person or entity, except advances in the ordinary course of business to employees, vendors, suppliers, and contractors.
Dividends and Loans. 15 Section 6.13. Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 Section 6.14. Inspection . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 Section 6.15. Operation of Business. . . . . . . . . . . . . . . . . . . . . . 16 Section 6.16. Maintenance of Records and Properties. . . . . . . . . . . . . . 16 Section 6.17.
Dividends and Loans. No subsidiary of the Company is currently prohibited, directly or indirectly, from paying any dividends to the Company, from making any other distribution on such subsidiary's capital stock, from repaying to the Company any loans or advances to such subsidiary from the Company or from transferring any of such subsidiary's property or assets to the Company or any other subsidiary of the Company, except as described in or contemplated by the Prospectus.
Dividends and Loans. Borrower shall not (a) declare or pay any dividends except as are mandatorily required on Borrower's preferred stock, (b) purchase, redeem, retire or otherwise acquire for value any of its capital stock now or hereafter outstanding in excess of $2,000,000.00 for any year, (c) make any distribution of assets to its stockholders, investors, or equity holders, whether in cash, assets, or in obligations of Borrower, (d) allocate or otherwise set apart any sum for the payment of any dividend or distribution on, or for the purchase, redemption, or retirement of any shares of its capital stock or equity interests in excess of $2,000,000.00 for any year, or (e) make any other distribution by reduction of capital or otherwise in respect of any shares of its capital stock or equity interests, in excess of $250,000.00. It is expressly agreed upon between Borrower and Lender that this covenant does not apply to any distributions or loans made by Borrower to any of the Additional Obligors. Borrower shall not make any loans or pay any advances of any nature whatsoever to any person or entity, except advances in the ordinary course of business to vendors, suppliers, and contractors. It is expressly agreed upon between Borrower and Lender that this covenant does not apply to any distributions or loans made by Borrower to any of the Additional Obligors.
Dividends and Loans. 7.5.1 The Company has not made any payment to its shareholders or any other Person in conflict with its constitutional documents, the Swedish Companies Act or any other applicable legal requirement.
Dividends and Loans. 6.6.1 The Company has not since the Closing Balance Sheet Date declared or paid any dividend, group contribution or made any other distribution (including but not limited to repayment of conditional contributions) to the Sellers or any other person.
Dividends and Loans. 6.1 Save as disclosed in the Information Memorandum, the Company has not paid or made any payment or transfer to shareholders of any dividend, bonus, loan or other distribution.
Dividends and Loans. After the execution of this Agreement and prior to the Closing, Ensyn will not (a) declare, set aside or pay, directly or indirectly, any cash or stock dividend, or other distribution in respect of its capital stock, or (b) make any loan to any Person, or (c) purchase, or repurchase, any security issued by Ensyn. Except for this Agreement, there is no Contract to which Ensyn is a party or by which it is bound which would, after the Closing, in any way restrict the ability of Ensyn to declare or to distribute any dividend or incur any debt.
