Dividends; Repurchases. Except as provided herein, any declaration, set aside or payment of a dividend or other distribution by the Company, any redemption or repurchase of securities of the Company, or any resell of Shares held in the Company’s treasury.
Dividends; Repurchases. Any declaration, set aside or payment of a dividend or other distribution by any Group Company except for (i) any distribution or dividend with respect to which the sole recipient of any proceeds therefrom is the Company and (ii) any distribution or dividend as specified under Section 3.8 of the Disclosure Schedule under the Purchase Agreement, or the adoption of, or any change to, the dividend policy of any Group Company, or any redemption or repurchase of Equity Securities of a Group Company, except for (x) repurchases of the Notes as provided in the Notes and (y) repurchases from departing employees, directors or officers in accordance with the ESOP.
Dividends; Repurchases. No Acquired Company will (i) declare any dividends on or in respect of shares of capital stock (other than a dividend declared by a Subsidiary and payable only to another Acquired Company); (ii) redeem, repurchase or otherwise acquire any shares of its stock or (iii) split, combine or reclassify any shares of its stock.
Dividends; Repurchases. The Company will not declare any dividends on or in respect of shares of capital stock; nor will it redeem, repurchase or otherwise acquire any shares of stock.
Dividends; Repurchases. So long as shares of Series A Convertible Preferred Stock issued hereunder are outstanding, the Company shall not declare or pay any dividends on, and shall not purchase, redeem, retire or otherwise acquire, any shares of its capital stock (other than the shares of Series A Convertible Preferred Stock), whether now or hereafter outstanding, without obtaining the prior approval of holders of record of a majority of the shares of Series A Convertible Preferred Stock outstanding as of a record date between 10 and 90 days prior to the declaration date or the date of consummation of any such transaction, as applicable.
Dividends; Repurchases. The Company shall not, without the consent of the Holders of the Required Two-Thirds Percentage, directly or indirectly, redeem, purchase or otherwise acquire, or declare or pay any dividends on, any Capital Stock or other equity securities (including, without limitation, warrants, options and other rights to acquire such Capital Stock or other equity securities), except (i) the purchase of Capital Stock pursuant to this Agreement,
Dividends; Repurchases. So long as the Securities or any Conversion Shares are outstanding, the Company shall not declare or pay any dividends on, and shall not purchase, redeem, retire or otherwise acquire, any shares of its capital stock (other than shares of Series A Convertible Preferred Stock, Series B Convertible Preferred Stock and Series C Convertible Preferred Stock), whether now or hereafter outstanding, without obtaining the prior approval of the Investor, which approval shall not be unreasonably withheld.
Dividends; Repurchases. So long as shares of Series C Convertible Preferred Stock issued hereunder are outstanding, the Company shall not declare or pay any dividends on, and shall not purchase, redeem, retire or otherwise acquire, any shares of its capital stock (other than shares of Series A Convertible Preferred Stock, Series B Convertible Preferred Stock and Series C Convertible Preferred Stock), whether now or hereafter outstanding, without obtaining the prior approval of holders of record of a majority of the shares of Series A Convertible Preferred Stock, Series B Convertible Preferred Stock and Series C Convertible Preferred Stock outstanding as of a record date between 10 and 90 days prior to the declaration date or the date of consummation of any such transaction, as applicable, voting together as a class.
Dividends; Repurchases. The Company shall not, without the consent of the Holders of the Required Voting Percentage, directly or indirectly, redeem, purchase or otherwise acquire, or declare or pay any dividends on, any Capital Stock or other equity securities (including, without limitation, warrants, options and other rights to acquire such Capital Stock or other equity securities), except (i) dividends on or any purchase or other acquisition of the Series A Preferred Shares and the Series B Preferred Shares (if any) issued pursuant to the Purchase Agreement (including any additional shares thereof issued in lieu of cash dividends), (ii) the purchase of Capital Stock pursuant to the Shareholders Agreement, (iii) purchases, redemptions or other acquisitions of Capital Stock issued to employees and directors, (iv) purchases, redemptions and other acquisitions of Capital Stock so long as the cumulative total of all such purchases, redemptions and other acquisitions under this clause (iv) does not exceed an aggregate of $US 5 million during the term of this Agreement during the time this Section 6 is in effect, and (vi) during the six-month period after the Effective Date, purchases, redemptions and other acquisitions of an aggregate number of shares of Capital Stock from Sterling Group Partners I, L.P. not to exceed the number of shares of Capital Stock to be issued by the Company to officers, directors or employees of the Company or any of its direct or indirect majority-owned subsidiaries at or about the same time as may be approved by the Board, at the price paid for such shares of Capital Stock by Sterling Group Partners I, L.P. on the Effective Date, all subject to such terms and conditions as may be approved by the Board; provided, that no such officer, director or employee shall be included in a Designated Holder Group.
Dividends; Repurchases. So long as shares of Series B Convertible Preferred Stock issued hereunder are outstanding, the Company shall not declare or pay any dividends on, and shall not purchase, redeem, retire or otherwise acquire, any shares of its capital stock (other than the shares of Series B Convertible Preferred Stock or Series A Convertible Preferred Stock), whether now or hereafter outstanding, without obtaining the prior approval of holders of record of a majority of the shares of Series B Convertible Preferred Stock and Series A Convertible Preferred Stock, voting as a class, outstanding as of a record date between 10 and 90 days prior to the declaration date or the date of consummation of any such transaction, as applicable.
