Common use of Dividends, Repurchase and Redemption Clause in Contracts

Dividends, Repurchase and Redemption. (A) The declaration or payment of any dividend or distribution of Common Stock or other Junior Stock (other than a dividend payable solely in Junior Stock provided such dividend is not treated as a distribution of property for purposes of Section 305 of the Code, the Treasury Regulations promulgated thereunder or any successor provision); or

Dividends, Repurchase and Redemption. (A) The declaration or payment of any dividend or distribution of on Common Stock, other Junior Stock or other Junior Parity Stock (other than a dividend payable solely in Junior Stock) if, at the time of such declaration, payment or distribution, dividends on the Series B Preferred Stock provided such dividend is have not treated as a distribution of property for purposes of Section 305 of the Code, the Treasury Regulations promulgated thereunder or any successor provision)been paid in full in cash; or

Dividends, Repurchase and Redemption. (A) 1. The declaration or payment of any dividend or distribution of on the Common Stock, other Junior Stock or other Junior Parity Stock (other than (i) a dividend payable solely in Junior Stock provided and (ii) dividends or distributions paid exclusively in cash to the extent that the Series A Preferred Stock participates on an as-converted basis with the Common Stock in a cash dividend or distribution in accordance with 21.1) if, at the time of such dividend is declaration, payment or distribution, dividends on the Series A Preferred Stock have not treated as a distribution of property for purposes of Section 305 of the Code, the Treasury Regulations promulgated thereunder or any successor provision)been paid in full in cash; or