Dividends, Redemptions, Etc. Borrower shall not (i) pay any dividends or make any distributions on its Equity Securities; (ii) purchase, redeem, retire, defease or otherwise acquire for value any of its Equity Securities; (iii) return any capital to any holder of its Equity Securities as such; (iv) make any distribution of assets, Equity Securities, obligations or securities to any holder of its Equity Securities as such; or (v) set apart any sum for any such purpose; except that Borrower may pay Permitted Dividends.
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Samples: Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc)
Dividends, Redemptions, Etc. The Borrower shall not (i) pay any dividends or make any distributions on its Equity Securitiescapital stock; (ii) purchase, redeem, retire, defease or otherwise acquire for value any of its Equity Securitiescapital stock; (iii) return any capital to any holder of its Equity Securities capital stock as such; (iv) make any distribution of assets, Equity Securitiescapital stock, obligations or securities to any holder of its Equity Securities capital stock as such; or (v) set apart any sum for any such purpose; except that the Borrower may pay Permitted Dividends.
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