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

Dividends; Changes in Stock. No Each party shall not and shall not propose to (ia) declare or pay any dividends on or make other distributions in respect of any of their capital stock, (b) split, combine or reclassify any of its capital stock or issue or authorize the issuance of any other securities in respect of, in lieu of or in substitution for shares of their capital stock, or (iic) repurchase or otherwise acquire, or permit any subsidiary to purchase or otherwise acquire, acquire any shares of its capital stock or rights to acquire any shares of their capital stock.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Prospect Medical Holdings Inc)