Dividends; Changes in Stock. Buyer shall not, and shall not permit any of its subsidiaries to, (i) declare or pay any dividends on or make other distributions in respect of any of its capital stock, except for dividends by a direct or indirect wholly owned subsidiary of Buyer to its parent, (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 capital stock of Buyer or its subsidiaries or any other securities thereof.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Tweeter Home Entertainment Group Inc), Agreement and Plan of Merger (Sound Advice Inc)
Dividends; Changes in Stock. Buyer The Company shall not, and shall not permit any of its subsidiaries to, (i) declare or pay any dividends on or make other distributions in respect of any of its capital stock, except for dividends by a direct or indirect wholly owned subsidiary of Buyer the Company to its parent, (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 capital stock of Buyer the Company or its subsidiaries or any other securities thereof.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Sound Advice Inc), Agreement and Plan of Merger (Tweeter Home Entertainment Group Inc)
Dividends; Changes in Stock. Buyer The Company shall not, and shall not permit any of its subsidiaries Subsidiaries to, (i) declare or pay any dividends on or make other distributions in respect of any of its capital stock, except for dividends by a direct or indirect wholly owned subsidiary Wholly Owned Subsidiary of Buyer the Company to its parentparent entity, (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 capital stock of Buyer the Company or its subsidiaries Subsidiaries or any other securities thereofthereof or any rights, warrants or options to acquire any such shares or other securities.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Delta Beverage Group Inc), Agreement and Plan of Merger (Whitman Corp/New/)
Dividends; Changes in Stock. Buyer The Company shall not, and shall not permit any of its subsidiaries to, (i) declare or pay any dividends on or make other distributions in respect of any of its capital stock, except for dividends by a direct or indirect wholly owned subsidiary of Buyer the Company to its parent, (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 capital stock of Buyer the Company or its subsidiaries or any other securities thereof.any
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Peak Technologies Group Inc), Kirkwood Acquisition Corp
Dividends; Changes in Stock. Buyer The Company shall not, and shall not permit any of its subsidiaries to, (i) declare or pay any dividends on or make other distributions in respect of any of its capital stock, except for dividends by a direct or indirect wholly owned subsidiary of Buyer the Company to its parent, (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 capital stock of Buyer the Company or its subsidiaries or any other securities thereofthereof or any rights, warrants or options to acquire any such shares or other securities.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Colorado Gaming & Entertainment Co)
Dividends; Changes in Stock. Buyer The Company ---------------------------- shall not, and shall not permit any of its subsidiaries to, (i) declare or pay any dividends on or make other distributions in respect of any of its capital stock, except for dividends by a direct or indirect wholly owned subsidiary of Buyer the Company to its parent, (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 capital stock of Buyer the Company or its subsidiaries or any other securities thereofthereof except pursuant to contracts existing on the date of this Agreement.
Appears in 1 contract
Samples: Agreement and Plan of Merger (International Business Machines Corp)
Dividends; Changes in Stock. Buyer The Company shall not, and shall not permit any of its subsidiaries to, (i) declare or pay any dividends on or make other distributions in respect of any of its capital stock, except for dividends by a direct or indirect wholly owned subsidiary of Buyer the Company to its parent, (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 capital stock of Buyer the Company or its subsidiaries or any other securities thereof.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Tyco International LTD)
