Common use of Limitation on Repurchase of Company Stock Clause in Contracts

Limitation on Repurchase of Company Stock. Each Investor understands that concurrently with the issuance of the Shares, the Company is entering into certain financing agreements which will contain prohibitions, restrictions and limitations on the ability of the Company to purchase any of the Securities and to pay dividends on the Securities.

Appears in 2 contracts

Samples: Securities Purchase and Holders Agreement (Royster-Clark Nitrogen Realty LLC), Securities Purchase and Holders Agreement (Royster-Clark Nitrogen Realty LLC)

AutoNDA by SimpleDocs

Limitation on Repurchase of Company Stock. Each Investor understands that concurrently with the issuance of the Shares, the Company is entering into certain financing agreements which will contain prohibitions, restrictions and limitations on the ability of the Company to purchase any of the Securities Shares and to pay dividends on the SecuritiesShares.

Appears in 1 contract

Samples: Securities Purchase and Holders Agreement (Intersil Holding Co)

Limitation on Repurchase of Company Stock. Each Investor ----------------------------------------- understands that concurrently with the issuance of the Shares, the Company is entering into certain financing agreements which will contain prohibitions, restrictions and limitations on the ability of the Company to purchase any of the Securities Shares and to pay dividends on the SecuritiesShares.

Appears in 1 contract

Samples: Securities Purchase and Holders Agreement (Fifty Three Dredging Corp)

AutoNDA by SimpleDocs

Limitation on Repurchase of Company Stock. Each Investor understands that concurrently with the issuance of the Shares, the Company is entering has entered or will enter into certain financing agreements which will contain prohibitions, restrictions and limitations on the ability of the Company to purchase any of the Securities and to pay dividends on the Securities.

Appears in 1 contract

Samples: Securities Purchase and Holders Agreement (Integrated Energy Technologies Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!