Dividends; Changes in Stock. Neither Acquiror nor the Sub shall (and shall not propose to) (a) declare or pay any dividend, on, or make other distributions in respect of, any of its capital stock, (b) split, combine or reclassify any of its capital stock or issue, authorize or propose the issuance of any other securities in respect of, in lieu of or in substitution for shares of its capital stock, (c) repurchase or otherwise acquire any shares of its capital stock or (d) otherwise change its capitalization.
Appears in 6 contracts
Samples: Agreement and Plan of Merger (Osage Systems Group Inc), Agreement and Plan of Merger (Pacific Rim Entertainment Inc), Agreement and Plan of Merger (Moran Frederick W)
Dividends; Changes in Stock. Neither Acquiror nor the Sub shall (not and shall not propose to) to (a) declare or pay any dividend, on, or make other distributions in respect of, any of its capital stock, (b) split, combine or reclassify any of its capital stock or issue, 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 (b) redeem, (c) repurchase or otherwise acquire any shares of its capital stock or (dc) otherwise change its capitalization.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Moran Frederick A), Agreement and Plan of Merger (Moran Frederick W), Agreement and Plan of Merger (VDC Corp LTD)
