Common use of Dividends or Distributions; Acquisition of Capital Stock or Other Ownership Interests Clause in Contracts

Dividends or Distributions; Acquisition of Capital Stock or Other Ownership Interests. Declare or pay any dividends or distributions of any kind, or purchase or redeem, retire, or otherwise acquire any of Borrower's capital stock or other ownership interests, now or hereafter outstanding, in excess of $N/A in any fiscal year of the Borrower.

Appears in 4 contracts

Samples: Loan Agreement (Industrial Services of America Inc /Fl), Loan Agreement (Industrial Services of America Inc /Fl), Loan Agreement (Industrial Services of America Inc /Fl)

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Dividends or Distributions; Acquisition of Capital Stock or Other Ownership Interests. Declare or pay any dividends or distributions of any kind, or purchase or redeem, retire, or otherwise acquire any of Borrower's ’s capital stock or other ownership interests, now or hereafter outstanding, in excess of $N/A in any fiscal year of the Borrower.

Appears in 2 contracts

Samples: Loan Agreement (Industrial Services of America Inc /Fl), Loan Agreement (Goldfield Corp)

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Dividends or Distributions; Acquisition of Capital Stock or Other Ownership Interests. Declare or pay any dividends or distributions of any kind, or purchase or redeem, retire, or otherwise acquire any of Borrower's capital stock or other ownership interests, now or hereafter outstanding, in excess of $N/A Amount in any fiscal year of the Borrower.

Appears in 1 contract

Samples: Loan Agreement (Industrial Services of America Inc /Fl)

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