Common use of DIVIDENDS, STOCK PAYMENTS Clause in Contracts

DIVIDENDS, STOCK PAYMENTS. If a corporation, declare or pay any dividend (other than dividends payable in common stock of Borrower) or make any other distribution on any of its capital stock now outstanding or hereafter issued or purchase, redeem or retire any of such stock.

Appears in 6 contracts

Samples: Loan and Security Agreement (Lifeminders Com Inc), General Security Agreement (Onyx Pharmaceuticals Inc), Security and Loan Agreement (Identix Inc)

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DIVIDENDS, STOCK PAYMENTS. If a corporation, declare or pay any dividend (other than dividends payable in common stock of Borrower) or make any other distribution on any of its capital stock now outstanding or hereafter issued or purchase, or redeem or retire any of such stock.

Appears in 1 contract

Samples: Digital Sound Corp

DIVIDENDS, STOCK PAYMENTS. If a corporation, declare or pay any dividend (other than dividends payable in common stock of Borrower) or make any other distribution on any of its capital stock now outstanding or hereafter issued or purchase, redeem or retire any of such stockstock except for stock repurchases pursuant to Borrower's 1993 Stock Option Plan.

Appears in 1 contract

Samples: Active Power Inc

DIVIDENDS, STOCK PAYMENTS. If a corporation, declare Declare or pay any dividend (other than dividends payable in common stock of Borrower) or Borrower)or make any other distribution on any of its capital stock now outstanding or hereafter issued or purchase, redeem or retire any of such stock.

Appears in 1 contract

Samples: Security and Loan Agreement (Overland Data Inc)

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DIVIDENDS, STOCK PAYMENTS. If a corporation, declare Declare or pay any dividend (other than dividends ------------------------- payable in common stock of Borrower) or make any other distribution on any of its capital stock now outstanding or hereafter issued or purchase, redeem or retire any of such stock.

Appears in 1 contract

Samples: Antidilution Agreement (Anchor Pacific Underwriters Inc)

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