Dividends; Changes in Stock. 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 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 the Company or any of its subsidiaries or any other securities thereof or any rights, warrants or options to acquire any such shares or other securities.
Appears in 2 contracts
Samples: Merger Agreement (International Business Machines Corp), Merger Agreement (Software Artistry Inc)
Dividends; Changes in Stock. The Company 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 (stock, except for dividends by a direct or indirect wholly owned subsidiary of the Company 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 stock, or (iii) repurchase, redeem or otherwise acquire any shares of capital stock of the Company Buyer or any of its subsidiaries or any other securities thereof or any rights, warrants or options to acquire any such shares or other securitiesthereof.
Appears in 2 contracts
Samples: Merger Agreement (Tweeter Home Entertainment Group Inc), Merger Agreement (Sound Advice Inc)
Dividends; Changes in Stock. 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 (stock, except for dividends by a direct or indirect wholly owned subsidiary of 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 the Company or any of its subsidiaries or any other securities thereof or any rights, warrants or options to acquire any such shares or other securitiesthereof.
Appears in 2 contracts
Samples: Merger Agreement (Tweeter Home Entertainment Group Inc), Merger Agreement (Sound Advice Inc)
Dividends; Changes in Stock. 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 (stock, except for dividends by a direct or indirect wholly owned subsidiary Wholly Owned Subsidiary of the Company to its parent)parent 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 or (iii) repurchase, redeem or otherwise acquire any shares of capital stock of the Company or any of its subsidiaries Subsidiaries or any other securities thereof or any rights, warrants or options to acquire any such shares or other securities.
Appears in 2 contracts
Samples: Merger Agreement (Delta Beverage Group Inc), Merger Agreement (Whitman Corp/New/)
Dividends; Changes in Stock. The Company shall not, and shall not permit any of its subsidiaries the Subsidiaries to, (i) declare or pay any dividends on or make other distributions in respect of any of its capital stock (stock, except for dividends by a direct or indirect wholly owned subsidiary of 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 the Company or any of its subsidiaries the Subsidiaries or any other securities thereof or any rights, warrants or options to acquire any such shares or other securitiesthereof.
Appears in 2 contracts
Samples: Merger Agreement (Rgi Holdings Inc), Merger Agreement (Legend Properties Inc)
Dividends; Changes in Stock. 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 (stock, except for dividends by a direct or indirect wholly owned subsidiary of 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 the Company or any of its subsidiaries or any other securities thereof or any rights, warrants or options to acquire any such shares or other securities.
Appears in 1 contract
Samples: Merger Agreement (Colorado Gaming & Entertainment Co)