Common use of Dividends, Distributions, Repurchases Clause in Contracts

Dividends, Distributions, Repurchases. (1) Make, declare, pay or set aside for payment any dividend on or in respect of, or declare or make any distribution on any shares of its stock, other than dividends from its wholly owned Subsidiaries to it or another of its wholly owned Subsidiaries or (2) directly or indirectly adjust, split, combine, redeem or reclassify, or purchase or otherwise acquire any shares of its stock.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Intervoice Inc), Agreement and Plan of Merger (Convergys Corp)

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Dividends, Distributions, Repurchases. (1) Make, declare, pay or set aside for payment any dividend on or in respect of, or declare or make any distribution on any shares of its stockoutstanding Equity Securities; provided, other than dividends from its wholly owned Subsidiaries however, that notwithstanding the foregoing, the Acquired Companies may make distributions to it or another Seller in the ordinary course of its wholly owned Subsidiaries or (2) directly or indirectly adjust, split, combine, redeem or reclassify, or purchase or otherwise acquire any shares of its stock.business consistent with past practice; or

Appears in 2 contracts

Samples: Equity Purchase Agreement (Spirit MTA REIT), Equity Purchase Agreement (Hospitality Properties Trust)

Dividends, Distributions, Repurchases. (1) Make, declare, pay or set aside for payment any dividend on or in respect of, or declare or make any distribution on on, any shares of its capital stock, other than dividends from its wholly owned Subsidiaries to it or another of its wholly owned Subsidiaries or (2) directly or indirectly adjust, split, combine, redeem or reclassify, or purchase or otherwise acquire acquire, any shares of its capital stock.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Intelligroup Inc), Agreement and Plan of Merger (Intelligroup Inc)

Dividends, Distributions, Repurchases. (1) Make, declare, pay or set aside for payment any dividend or dividend equivalent on or in respect of, or declare or make any distribution on any shares of its stockstock or on Rights, other than dividends from its wholly owned Subsidiaries to it or another of its wholly owned Subsidiaries or Subsidiaries, (2) directly or indirectly adjust, split, combine, redeem or reclassify, or purchase effect any reorganization or recapitalization of, any shares of its stock or (3) purchase, redeem or otherwise acquire any shares of its stockstock or any Rights.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Armor Holdings Inc)

Dividends, Distributions, Repurchases. (1) Make, declare, pay or set aside for payment any dividend on or in respect of, or declare or make any distribution on any shares of its stock, other than dividends from its wholly owned Subsidiaries to it or another of its wholly owned Subsidiaries or (2) directly or indirectly adjust, split, combine, redeem or redeem, reclassify, or purchase or otherwise acquire acquire, any shares of its stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Umb Financial Corp)

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Dividends, Distributions, Repurchases. (1) Make, authorize, declare, pay or set aside for payment any dividend on or in respect of, or declare or make any distribution on on, any shares of its or its Subsidiaries’ capital stock (whether payable in cash, stock, property or otherwise), other than dividends from its wholly owned Subsidiaries to it or another of its wholly owned Subsidiaries or (2) directly or indirectly adjust, split, combine, subdivide, redeem or reclassifyreclassify or otherwise amend the terms of, or purchase or otherwise acquire acquire, any shares of its capital stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Rewards Network Inc)

Dividends, Distributions, Repurchases. (1) Make, declare, pay or set aside for payment any dividend on or in respect of, or declare or make any distribution on any shares of its capital stock, other than dividends from its wholly owned Subsidiaries to it or another of its wholly owned Subsidiaries or (2) directly or indirectly adjust, split, combine, redeem or redeem, reclassify, or purchase or otherwise acquire acquire, any shares of its stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Citizens Community Bancorp Inc.)

Dividends, Distributions, Repurchases. (1) Make, declare, pay or set aside for payment any dividend on or in respect of, or declare or make any distribution on any shares of its stock, other than (A) dividends from its wholly owned Subsidiaries to it or another of its wholly owned Subsidiaries and (B) regular quarterly dividends on its common stock in amounts Previously Disclosed or (2) directly or indirectly adjust, split, combine, redeem or redeem, reclassify, or purchase or otherwise acquire acquire, any shares of its stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (1st Source Corp)

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