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.)

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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: Merger Agreement (Consolidated Capital of North America Inc), Merger Agreement (Sound Designs Inc), Merger Agreement (Stone Pine Colorado LLC)

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: Share Exchange Agreement (Antiviral Technologies, 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 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 (Rolfe Enterprises Inc)

Dividends; Changes in Stock. No party shall Party shall; (i) declare or pay any dividends on or make other distributions in respect of any of its capital stock, or 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: Share Exchange Agreement (S2c Global Systems, 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 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: Share Exchange Agreement (China Nettv Holdings Inc)

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