Common use of Dividends; Changes in Share Capital Clause in Contracts

Dividends; Changes in Share Capital. (A) declare, set aside or pay any dividends on, or make any other distributions (whether in cash, shares or property) in respect of, any of its share capital, other than dividends and distributions by a direct or indirect wholly-owned subsidiary of the Company to its parent;

Appears in 2 contracts

Samples: www.sec.gov, Transaction Agreement (Avid Technology, Inc.)

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Dividends; Changes in Share Capital. (A) declare, set aside Declare or pay any dividends on, on or make any other distributions (whether in cash, shares stock or property) in respect of, of any of its share capital, other than dividends and distributions by a direct or indirect wholly-owned subsidiary split, combine or reclassify any of the Company to its parentshare capital;

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Sigma Designs Inc), Agreement and Plan of Merger (Silicon Laboratories Inc)

Dividends; Changes in Share Capital. (A) declare, set aside Declare or pay any dividends on, on or make any other distributions (whether in cash, shares stock or property) in respect ofof any Share Capital, or split, combine or reclassify any of its share capitalShare Capital or issue or authorize the issuance of any other securities in respect of, other than dividends in lieu of or in substitution for Share Capital, or repurchase or otherwise acquire, directly or indirectly, any Share Capital except from former employees, directors and distributions by a direct or indirect wholly-owned subsidiary consultants in accordance with agreements providing for the repurchase of the Company shares in connection with any termination of service to its parentit;

Appears in 1 contract

Samples: Stock Purchase Agreement (EPIRUS Biopharmaceuticals, Inc.)

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Dividends; Changes in Share Capital. (A) declare, set aside Declare or pay any dividends on, on or make any other distributions (whether in cash, shares stock or property) in respect of, of any of its share capital, or split, combine or reclassify any of its share capital or issue or authorize the issuance of any other than dividends and distributions by a direct securities in respect of, in lieu of or indirect wholly-owned subsidiary of the Company to its parentin substitution for share capital, or repurchase or otherwise acquire, directly or indirectly, any shares capital;

Appears in 1 contract

Samples: Share Purchase Agreement (Hyperion Therapeutics Inc)

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