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

Dividends; Changes in Share Capital. Company shall not, and shall not permit any of its Subsidiaries to, and shall not propose or commit to, (i) declare or pay any dividends on, or make other distributions in respect of, any of its capital stock, (ii) split, combine or reclassify any of its capital stock or issue or authorize or propose the issuance of any other securities in respect of, in lieu of or in substitution for, shares of its capital stock or (iii) repurchase, redeem or otherwise acquire any shares of its capital stock or any securities convertible into or exercisable for any shares of its capital stock.

Appears in 2 contracts

Samples: Merger Agreement (Bruker Axs Inc), Merger Agreement (Bruker Daltonics Inc)

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Dividends; Changes in Share Capital. The Company shall not, and shall not permit any of its Subsidiaries to, and shall not propose or commit to, directly or indirectly (i) declare or pay any dividends on, on or make other distributions in respect of, of any of its capital stock, (ii) split, combine or reclassify any of its capital stock or issue or authorize or propose the issuance of any other securities in respect of, in lieu of or in substitution for, shares of its capital stock or (iii) repurchase, redeem or otherwise acquire any shares of its capital stock or any securities convertible into or exercisable for any shares of its capital stockstock or other securities of the Company or any of its Subsidiaries.

Appears in 2 contracts

Samples: Merger Agreement (Ssa Global Technologies, Inc), Merger Agreement (Exe Technologies Inc)

Dividends; Changes in Share Capital. The Company shall not, and shall not permit any of its Subsidiaries to, and shall not propose or commit to, (i) declare or pay any dividends on, on or make other distributions in respect of, of any of its capital stock, except dividends by the Company or its Subsidiaries in the Ordinary Course, (ii) split, combine or reclassify any of its capital stock or issue or authorize or propose the issuance of any other securities in respect of, in lieu of or in substitution for, shares of its capital stock stock, or (iii) repurchase, redeem or otherwise acquire any shares of its capital stock or any securities convertible into or exercisable for any shares of its capital stock.

Appears in 1 contract

Samples: Merger Agreement (Sunrise Medical Inc)

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Dividends; Changes in Share Capital. The Company shall not, and shall not permit any of its Subsidiaries toto (1) declare, and shall not propose or commit toset aside, (i) declare make or pay any dividend or other distribution, payable in cash, stock, property or otherwise, with respect to any of its capital stock (except for dividends on, paid by any direct or make indirect wholly-owned Subsidiary to the Company or to any other distributions in direct or indirect wholly-owned Subsidiary) or enter into any agreement with respect of, any to the voting of its capital stock, or (ii2) reclassify, split, combine combine, subdivide or reclassify redeem, purchase or otherwise acquire, directly or indirectly, any of its capital stock or issue or authorize or propose the issuance of any other securities in respect of, in lieu of or in substitution for, shares of its capital stock or (iii) repurchase, redeem or otherwise acquire any shares of its capital stock or any securities convertible or exchangeable into or exercisable for any shares of its capital stock.

Appears in 1 contract

Samples: Merger Agreement (Impsat Fiber Networks Inc)

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