Common use of Dividends, Redemptions, Etc Clause in Contracts

Dividends, Redemptions, Etc. Neither Lessee nor any of its Subsidiaries shall pay any dividends or make any distributions on its Equity Securities; purchase, redeem, retire, defease or otherwise acquire for value any of its Equity Securities; return any capital to any holder of its Equity Securities as such; make any distribution of assets, Equity Securities, 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) Either Lessee or any of its Subsidiaries may pay dividends on its capital stock payable solely in such Person's own capital stock; (ii) Any Subsidiary of Lessee may pay dividends to Lessee; and (iii) Lessee may repurchase or redeem 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, repurchase or redemption.

Dividends, Redemptions, Etc. Neither Lessee nor None of the Borrowers or any of its their Subsidiaries shall pay any dividends or make any distributions on its Equity Securities; purchase, redeem, retire, defease or otherwise acquire for value any of its Equity Securities; return any capital to any holder of its Equity Securities as such; make any distribution of assets, Equity Securities, 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) Either Lessee Any of the Borrowers or any of its their Subsidiaries may pay dividends on its capital stock payable solely in such Person's own capital stock, provided that, in the case of any such dividend payable by an Ineligible Material Subsidiary, such dividend is delivered and pledged to Agent to the extent required by Subparagraph 2.13(b); (ii) Any Subsidiary of Lessee any of the Borrowers may pay dividends to Lesseeor repurchase its capital stock from such Borrower; and (iii) Lessee FIL may pay dividends on its capital stock payable in cash or repurchase or redeem 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, repurchase payment or redemptionrepurchase.

Dividends, Redemptions, Etc. Neither Lessee nor None of the Borrowers or any of its their Subsidiaries shall pay any dividends or make any distributions on its Equity Securities; purchase, redeem, retire, defease or otherwise acquire for value any of its Equity Securities; return any capital to any holder of its Equity Securities as such; make any distribution of assets, Equity Securities, 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) Either Lessee Any of the Borrowers or any of its their Subsidiaries may pay dividends on its capital stock payable solely in such Person's own capital stock, provided that, in the case of any such dividend payable by an Ineligible Material Subsidiary, such dividend is delivered and pledged to Agent to the extent required by Subparagraph 2.15(b); (ii) Any Subsidiary of Lessee any of the Borrowers may pay dividends to Lesseeor repurchase its capital stock from such Borrower; and (iii) Lessee FIL may pay dividends on its capital stock payable in cash or repurchase or redeem 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, repurchase payment or redemptionrepurchase.

Dividends, Redemptions, Etc. Neither Lessee Borrowers nor any of its their Subsidiaries shall pay any dividends or make any distributions on its Equity Securities; purchase, redeem, retire, defease or otherwise acquire for value any of its Equity Securities; return any capital to any holder of its Equity Securities as such; make any distribution of assets, Equity Securities, 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) Either Lessee Borrower or any of its Subsidiaries may pay dividends on its capital stock payable solely in such Person's own capital stock, provided that, in the case of any such dividend payable by a Foreign Subsidiary that is a Material Subsidiary to NSE or another Subsidiary, such dividend is delivered and pledged to Agent to the extent required by Subparagraph 2.13(b); (ii) Any Subsidiary of Lessee either Borrower may pay dividends to Lesseeor repurchase its capital stock from such Borrower; and (iii) Lessee NSE may pay dividends on its capital stock payable in cash or repurchase or redeem 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, repurchase payment or redemptionrepurchase.

Dividends, Redemptions, Etc. Neither Lessee nor None of FIL, Borrower or any of its FIL's other Subsidiaries shall pay any dividends or make any distributions on its Equity Securities; purchase, redeem, retire, defease or otherwise acquire for value any of its Equity Securities; return any capital to any holder of its Equity Securities as such; make any distribution of assets, Equity Securities, 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) Either Lessee Any of FIL, Borrower or any of its FIL's other Subsidiaries may pay dividends on its capital stock payable solely in such Person's own capital stock, provided that, in the case of any such dividend payable by an Ineligible Material Subsidiary, such dividend is delivered and pledged to Agent to the extent required by Subparagraph 2.15(b); (ii) Any Subsidiary of Lessee FIL may pay dividends to Lesseeor repurchase its capital stock from such Subsidiary's parent; and (iii) Lessee FIL may pay dividends on its capital stock payable in cash or repurchase or redeem 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, repurchase payment or redemptionrepurchase.

Dividends, Redemptions, Etc. Neither Lessee Borrower nor any of its Subsidiaries shall pay any dividends or make any distributions on its Equity Securities; purchase, redeem, retire, defease or otherwise acquire for value any of its Equity Securities; return any capital to any holder of its Equity Securities as such; make any distribution of assets, Equity Securities, 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) Either Lessee Borrower or any of its Subsidiaries may pay dividends on its capital stock payable solely in such Person's own capital stock; (ii) Any Subsidiary of Lessee Borrower may pay dividends to LesseeBorrower; and (iii) Lessee Borrower may repurchase or redeem 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, repurchase or redemption.