Common use of Limitation on Repurchase of Securities and Dividend Payments Clause in Contracts

Limitation on Repurchase of Securities and Dividend Payments. Each Stockholder understands that B&G Foods has entered into certain financing agreements which contain prohibitions, restrictions and limitations on the ability of B&G Foods to purchase any of the Securities and, under certain circumstances, to pay dividends on the Class B Common Stock.

Appears in 2 contracts

Samples: Securities Holders Agreement (B&g Foods Holdings Corp), Securities Holders Agreement (Polaner Inc)

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Limitation on Repurchase of Securities and Dividend Payments. Each Stockholder understands that B&G Foods has entered into certain financing agreements which contain prohibitions, restrictions and limitations on the ability of B&G Foods to purchase any of the Securities and XXXx (including the shares of Class A Common Stock and the Senior Subordinated Notes comprising the XXXx) and, under certain circumstances, to pay dividends on the Class A Common Stock and Class B Common Stock.

Appears in 2 contracts

Samples: Securities Holders Agreement (BGH Holdings Inc), Securities Holders Agreement (Polaner Inc)

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