Common use of Dividends, Etc Clause in Contracts

Dividends, Etc. The Company shall not declare or pay any dividend of any kind, in cash or in property, on any class of its capital stock, nor purchase, redeem, retire or otherwise acquire for value any shares of such stock, nor make any distribution of any kind in respect thereof, nor make any return of capital to shareholders, nor make any payments in respect of any pension, profit sharing, retirement, stock option, stock bonus, incentive compensation or similar plan (except as required or permitted hereunder), without the prior written consent of the Secured Party.

Appears in 247 contracts

Samples: Security Agreement (Intelligent Living Inc.), Security Agreement (Cargo Connection Logistics Holding, Inc.), Securities Purchase Agreement (Planetlink Communications Inc)

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Dividends, Etc. The Company shall not declare or pay any dividend of any kind, in cash or in property, on any class of its capital stock, nor purchase, redeem, retire or otherwise acquire for value any shares of such stock, nor make any distribution of any kind in respect thereof, nor make any return of capital to shareholders, nor make any payments in respect of any pension, profit sharing, retirement, stock option, stock bonus, incentive compensation or similar plan shareholders (except as required or permitted hereunder), ) without the prior written consent of the Secured Party.

Appears in 8 contracts

Samples: Security Agreement (City Network Inc), Security Agreement (City Network Inc), Security Agreement (City Network Inc)

Dividends, Etc. The Company shall not declare or pay any dividend of any kind, in cash or in propertycash, on any class of its capital stock, nor purchase, redeem, retire or otherwise acquire for value any shares of such stock, nor make any distribution of any kind in respect thereof, nor make any return of capital to shareholders, nor make any payments in respect of any pension, profit sharing, retirement, stock option, stock bonus, incentive compensation or similar plan (except as required or permitted hereunder), without the prior written consent of the Secured Party, which consent shall not be unreasonably withheld.

Appears in 4 contracts

Samples: Security Agreement (U.S. Helicopter CORP), Security Agreement (U.S. Helicopter CORP), Security Agreement (WWAP, Inc)

Dividends, Etc. The Company shall not declare or pay any dividend of any kind, in cash or in property, on any class of its capital stock, nor purchase, redeem, retire or otherwise acquire for value any shares of such stock, nor make any distribution of any kind in respect thereof, nor make any return of capital to shareholders, nor make any payments in respect of any pension, profit sharing, retirement, stock option, stock bonus, incentive compensation or similar plan (except as required or permitted hereunderhereunder or under the Securities Purchase Agreement), without the prior written consent of the Secured Party.

Appears in 3 contracts

Samples: Security Agreement (SaVi Media Group, Inc.), Security Agreement (Ignis Petroleum Group, Inc.), Security Agreement (Ignis Petroleum Group, Inc.)

Dividends, Etc. The Company shall not declare or pay any dividend of any kind, in cash or in property, on any class of its capital stock, nor purchase, redeem, retire or otherwise acquire for value any shares of such stock, nor make any distribution of any kind in respect thereof, nor make any return of capital to shareholders, nor make any payments in respect of any pension, profit sharing, retirement, stock option, stock bonus, incentive compensation or similar plan shareholders (except as required or permitted hereunder), without the prior written consent of the Secured Party.

Appears in 3 contracts

Samples: Security Agreement (Certo Group Corp.), Security Agreement (National Diversified Services Inc), Security Agreement (Homeland Security Capital CORP)

Dividends, Etc. The Company shall not declare or pay any dividend of any kind, in cash or in propertycash, on any class of its capital stock, nor purchase, redeem, retire or otherwise acquire for value any shares of such stock, nor make any distribution of any kind in respect thereof, nor make any return of capital to shareholders, nor make any payments in respect of any pension, profit sharing, retirement, stock option, stock bonus, incentive compensation or similar plan (except where required by currently existing contract or as required or permitted hereunder), without the prior written consent of the Secured Party, which consent shall not be unreasonably withheld.

Appears in 2 contracts

Samples: Security Agreement (Elbit Vision Systems LTD), Security Agreement (Elbit Vision Systems LTD)

Dividends, Etc. The Company shall not declare or pay any dividend of any kind, in cash or in property, on any class of its capital stock, nor purchase, redeem, retire or otherwise acquire for value any shares of such stock, nor make any distribution of any kind in respect thereof, nor make any return of capital to shareholders, nor make any payments in respect of any pension, profit sharing, retirement, stock option, stock bonus, incentive compensation or similar plan (except as required or permitted hereunder), without the prior written consent of the Secured PartyParties.

Appears in 2 contracts

Samples: Security Agreement (Inferx Corp), Security Agreement (Inferx Corp)

Dividends, Etc. The Company shall not declare or pay any dividend of any kind, in cash or in property, on any class of its capital stockstock (excluding any such payment pursuant to a financing which the Secured Party declined its right of participation), nor purchase, redeem, retire or otherwise acquire for value any shares of such stock, nor make any distribution of any kind in respect thereof, nor make any return of capital to shareholders, nor make any payments in respect of any pension, profit sharing, retirement, stock option, stock bonus, incentive compensation or similar plan (except as required or permitted hereunder), shareholders without the prior written consent of the Secured Party.

Appears in 1 contract

Samples: Security Agreement (Astris Energi Inc)

Dividends, Etc. The Company shall not declare or pay any dividend of any kind, in cash or in property, on any class of its capital stock, nor purchase, redeem, retire or otherwise acquire for value any shares of such stock, nor make any distribution of any kind in respect thereof, nor make any return of capital to shareholders, nor make any payments in respect of any pension, profit sharing, retirement, stock option, stock bonus, incentive compensation or similar plan (except as required or permitted hereunder), without the prior written consent of the Secured Party, which consent shall not be unreasonably withheld.

Appears in 1 contract

Samples: Security Agreement (Ns8 Corp)

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Dividends, Etc. The Company shall not declare or pay any dividend of any kind, in cash or in property, on any class of its capital stock, nor purchase, redeem, retire or otherwise acquire for value any shares of such stock, nor make any distribution of any kind in respect thereof, nor make any return of capital to shareholders, nor make any payments in respect of any pension, profit sharing, retirement, stock option, stock bonus, incentive compensation or similar plan (except as required or permitted hereunder), without the prior written consent of the Secured PartyParty except for dividends of shares of common stock.

Appears in 1 contract

Samples: Security Agreement (Earthshell Corp)

Dividends, Etc. The Company shall not declare or pay any dividend of any kind, in cash or in property, on any class of its capital stock, nor purchase, redeem, retire or otherwise acquire for value any shares of such stock, nor make any distribution of any kind in respect thereof, nor make any return of capital to shareholders, nor make any payments in respect of any pension, profit sharing, retirement, stock option, stock bonus, incentive compensation or similar plan (except as required or permitted hereunderhereunder and except provided such payment is reasonable relative to the industry in which the Company operates), without the prior written consent of the Secured Party.

Appears in 1 contract

Samples: Security Agreement (Wherify Wireless Inc)

Dividends, Etc. The Company shall not declare or pay any dividend of any kind, in cash or in property, on any class of its capital stock, nor purchase, redeem, retire or otherwise acquire for value any shares of such stock, nor make any distribution of any kind in respect thereof, nor make any return of capital to shareholders, nor make any payments in respect of any pension, profit sharing, retirement, stock option, stock bonus, incentive compensation sharing (other than standard 401(k) matching) or similar retirement plan (except as required or permitted hereunder), without the prior written consent of the Secured Party.

Appears in 1 contract

Samples: Security Agreement (Access Pharmaceuticals Inc)

Dividends, Etc. The Company shall not declare or pay any dividend of any kind, in cash or in property, on any class of its capital stock, nor purchase, redeem, retire or otherwise acquire for value any shares of such stock, nor make any distribution of any kind in respect thereof, nor make any return of capital to shareholders, nor make any payments in respect of any pension, profit sharing, retirement, stock option, stock bonus, incentive compensation or similar plan (except as required or permitted hereunder), without the prior written consent of the Secured Party.

Appears in 1 contract

Samples: Pledge and Security Agreement (Homeland Security Capital CORP)

Dividends, Etc. The Except for dividends payable to the Parent, the Company shall not declare or pay any dividend of any kind, in cash or in property, on any class of its capital stock, nor purchase, redeem, retire or otherwise acquire for value any shares of such stock, nor make any distribution of any kind in respect thereof, nor make any return of capital to shareholders, nor make any payments in respect of any pension, profit sharing, retirement, stock option, stock bonus, incentive compensation or similar plan (except as required or permitted hereunder), without the prior written consent of the Secured Party.

Appears in 1 contract

Samples: Security Agreement (Astris Energi Inc)

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