Dividends, Redemptions, Etc. None of the Borrowers or any of FIL’s Subsidiaries shall (i) pay any dividends or make any distributions (whether in cash, securities or other property) on its Equity Securities, including any payment to a sinking fund or similar deposit, (ii) purchase, redeem, retire, defease, cancel, terminate, or otherwise acquire for value any of its Equity Securities, (iii) return any capital to any holder of its Equity Securities as such or (iv) make any distribution of assets, Equity Securities, obligations, cash or securities to any holder of its Equity Securities as such, or set apart any sum for any such purpose, except as follows: (i) Any of the Borrowers or any of FIL’s Subsidiaries may pay dividends on its capital stock payable (A) in such Person’s own capital stock or (B) in the capital stock of other Subsidiaries solely to the extent permitted by Subparagraph 5.02(c)(x); (ii) Any Subsidiary of FIL may pay dividends to or repurchase its capital stock from such Subsidiary’s parent; and (iii) FIL may pay dividends on its capital stock payable in cash or repurchase its capital stock for cash, provided that, in each case, no Default has occurred and is continuing on the date of, or will result after giving effect to, any such payment or repurchase.
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Samples: Credit Agreement (Flextronics International LTD), Credit Agreement (Flextronics International LTD)
Dividends, Redemptions, Etc. None of the Borrowers FIL, Borrower or any of FIL’s other Subsidiaries shall (i) pay any dividends or make any distributions (whether in cash, securities or other property) on its Equity Securities, including any payment to a sinking fund or similar deposit, (ii) purchase, redeem, retire, defease, cancel, terminate, or otherwise acquire for value any of its Equity Securities, (iii) return any capital to any holder of its Equity Securities as such or (iv) make any distribution of assets, Equity Securities, obligations, cash or securities to any holder of its Equity Securities as such, or set apart any sum for any such purpose, except as follows:
(i) Any of the Borrowers FIL, Borrower or any of FIL’s other Subsidiaries may pay dividends on its capital stock payable (A) in such Person’s own capital stock or (B) in the capital stock of other Subsidiaries solely to the extent permitted by Subparagraph 5.02(c)(x);
(ii) Any Subsidiary of FIL may pay dividends to or repurchase its capital stock from such Subsidiary’s parent; and
(iii) FIL may pay dividends on its capital stock payable in cash or repurchase its capital stock for cash, provided that, in each case, no Default has occurred and is continuing on the date of, or will result after giving effect to, any such payment or repurchase.
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Samples: Credit Agreement (Flextronics International LTD), Credit Agreement (Flextronics International LTD)
Dividends, Redemptions, Etc. None of the Borrowers or any of FIL’s 's Subsidiaries shall (i) pay any dividends or make any distributions (whether in cash, securities or other property) on its Equity Securities, including any payment to a sinking fund or similar deposit, (ii) purchase, redeem, retire, defease, cancel, terminate, or otherwise acquire for value any of its Equity Securities, (iii) return any capital to any holder of its Equity Securities as such or (iv) make any distribution of assets, Equity Securities, obligations, cash or securities to any holder of its Equity Securities as such, or set apart any sum for any such purpose, except as follows:
(i) Any of the Borrowers or any of FIL’s 's Subsidiaries may pay dividends on its capital stock payable (A) solely in such Person’s 's own capital stock or (B) stock, provided that, in the capital stock case of other Subsidiaries solely any such dividend payable by an Ineligible Material Subsidiary, such dividend is delivered and pledged to Agent to the extent permitted required by Subparagraph 5.02(c)(x2.15(b);
(ii) Any Subsidiary of FIL may pay dividends to or repurchase its capital stock from such Subsidiary’s 's parent; and
(iii) FIL may pay dividends on its capital stock payable in cash or repurchase its capital stock for cash, provided that, in each case, no Default has occurred and is continuing on the date of, or will result after giving effect to, any such payment or repurchase.
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Dividends, Redemptions, Etc. None of the Borrowers FIL, Borrower or any of FIL’s 's other Subsidiaries shall (i) pay any dividends or make any distributions (whether in cash, securities or other property) on its Equity Securities, including any payment to a sinking fund or similar deposit, (ii) purchase, redeem, retire, defease, cancel, terminate, or otherwise acquire for value any of its Equity Securities, (iii) return any capital to any holder of its Equity Securities as such or (iv) make any distribution of assets, Equity Securities, obligations, cash or securities to any holder of its Equity Securities as such, or set apart any sum for any such purpose, except as follows:
(i) Any of the Borrowers FIL, Borrower or any of FIL’s 's other Subsidiaries may pay dividends on its capital stock payable (A) solely in such Person’s 's own capital stock or (B) stock, provided that, in the capital stock case of other Subsidiaries solely any such dividend payable by an Ineligible Material Subsidiary, such dividend is delivered and pledged to Agent to the extent permitted required by Subparagraph 5.02(c)(x2.15(b);
(ii) Any Subsidiary of FIL may pay dividends to or repurchase its capital stock from such Subsidiary’s 's parent; and
(iii) FIL may pay dividends on its capital stock payable in cash or repurchase its capital stock for cash, provided that, in each case, no Default has occurred and is continuing on the date of, or will result after giving effect to, any such payment or repurchase.
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Dividends, Redemptions, Etc. None of the Borrowers or any of FIL’s 's Subsidiaries shall (i) pay any dividends or make any distributions (whether in cash, securities or other property) on its Equity Securities, including any payment to a sinking fund or similar deposit, (ii) ; purchase, redeem, retire, defease, cancel, terminate, defease or otherwise acquire for value any of its Equity Securities, (iii) ; return any capital to any holder of its Equity Securities as such or (iv) such; make any distribution of assets, Equity Securities, obligations, cash obligations or securities to any holder of its Equity Securities as such, ; or set apart any sum for any such purpose, ; except as follows:
(i) Any of the Borrowers or any of FIL’s 's Subsidiaries may pay dividends on its capital stock payable (A) solely in such Person’s 's own capital stock or (B) stock, provided that, in the capital stock case of other Subsidiaries solely any such dividend payable by an Ineligible Material Subsidiary, such dividend is delivered and pledged to Agent to the extent permitted required by Subparagraph 5.02(c)(x2.15(b);
(ii) Any Subsidiary of FIL may pay dividends to or repurchase its capital stock from such Subsidiary’s 's parent; and
(iii) FIL may pay dividends on its capital stock payable in cash or repurchase its capital stock for cash, provided that, in each case, no Default has occurred and is continuing on the date of, or will result after giving effect to, any such payment or repurchase.
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