Common use of DIVIDENDS, STOCK PAYMENTS Clause in Contracts

DIVIDENDS, STOCK PAYMENTS. 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 (except for dividends required to be paid on Series B Redeemable Preferred Stock) or hereafter issued or purchase, redeem or retire any of such stock (except for Series B Redeemable Preferred Stock).

DIVIDENDS, STOCK PAYMENTS. 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 (except for dividends required to be paid on Series B Redeemable Preferred Stock) or hereafter issued issued, or purchase, redeem or retire any of such stock (stock, except for Series B Redeemable Preferred Stock)the stock repurchase as of this date in conjunction with the recapitalization and cash dividends and distributions as permitted within the parameters of the fixed charge coverage ratio.

DIVIDENDS, STOCK PAYMENTS. 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 (except for dividends required to be paid on Series B Redeemable Preferred Stock) or hereafter issued issued, or purchase, redeem or retire any of such stock, other than redemptions of stock (except for Series B Redeemable Preferred Stock)of departed employees.