Dividends, Redemption and Distributions Sample Clauses

Dividends, Redemption and Distributions. The Company shall not do any of the following, if an Event of Default or an Unmatured Event of Default then exists hereunder, or, if as a result of such action or actions, an Event of Default or an Unmatured Event of Default would exist hereunder: (i) declare or pay in any fiscal year cash dividends; (ii) declare or pay any dividends payable in its capital stock on any shares of any class of its capital stock; (iii) apply any of its property to the purchase, redemption, or other retirement of any shares of any class of its capital stock; (iv) set apart any sum for the payment of any dividends on, or for the purchase, redemption, or other retirement of, any shares of any class of its capital stock; or (v) make any other distribution, by reduction of capital or otherwise, in respect of any shares of any class its capital stock.