Common use of Dividends; Changes in Stock Clause in Contracts

Dividends; Changes in Stock. No party shall (i) declare or pay any dividends on or make other distributions in respect of any of its capital stock, or (ii) repurchase or otherwise acquire, or permit any subsidiary to purchase or otherwise acquire, any shares of its capital stock.

Appears in 61 contracts

Samples: The Definitive Agreement (Omega Commercial Finance Corp), The Definitive Agreement (Omega Commercial Finance Corp), Agreement for Share Exchange (China Marketing Media Holdings, Inc.)

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Dividends; Changes in Stock. No party shall, nor shall any party permit any of its subsidiaries to, nor shall any party propose 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 (iiiii) repurchase or otherwise acquire, or permit any subsidiary to purchase or otherwise acquire, any shares of its capital stock.

Appears in 7 contracts

Samples: Exhibit 1 Agreement and Plan of Merger (Stone Pine Colorado LLC), Agreement and Plan of Merger (Sound Designs Inc), 2 Agreement and Plan of Merger (Consolidated Capital of North America Inc)

Dividends; Changes in Stock. No party shall (i) declare or cause to 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 (iiiii) repurchase or otherwise acquire, or permit any subsidiary to purchase or otherwise acquire, any shares of its capital stock.

Appears in 1 contract

Samples: China Nettv Holdings Inc

Dividends; Changes in Stock. No party shall (i) declare or pay any dividends on or make other distributions in respect of any of its capital stock, or (ii) repurchase or otherwise acquire, or permit any subsidiary or affiliate to purchase or otherwise acquire, any shares of its capital stock.

Appears in 1 contract

Samples: Agreement for Share Exchange (Antiviral Technologies, Inc.)

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Dividends; Changes in Stock. No party shall (i) declare or pay any dividends on or make other distributions in respect of any of its capital stock, or (ii) repurchase or otherwise acquire, or permit any subsidiary to purchase or otherwise acquire, any shares of its capital stock.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Nt Holding Corp.)

Dividends; Changes in Stock. No party shall (i) declare or pay any dividends on or make other distributions in respect of any of its capital stockstock or its outstanding membership units or interests, or (ii) repurchase or otherwise acquire, or permit any subsidiary to purchase or otherwise acquire, any shares of its capital stockstock or any of its outstanding membership units or interests.

Appears in 1 contract

Samples: Merger Agreement and Plan of Reorganization (Rolfe Enterprises Inc)

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