Common use of Limitations on Restricted Payments Clause in Contracts

Limitations on Restricted Payments. The Company shall not, and ---------------------------------- shall not permit any of its Subsidiaries to declare, or make any Restricted Payment.

Appears in 2 contracts

Samples: Subordinated Note and Common Stock Purchase Agreement (Nitinol Medical Technologies Inc), Securities Purchase Agreement (Bankvest Capital Corp)

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Limitations on Restricted Payments. The Company shall not, and ---------------------------------- shall not permit any of its Subsidiaries to declare, or make any Restricted Payment.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Fulcrum Direct Inc), Securities Purchase Agreement (Neoprobe Corp)

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Limitations on Restricted Payments. The Company shall not, and ---------------------------------- shall not permit any of its Subsidiaries to declare, or make any Restricted Payment, except that Subsidiaries may pay dividends to the Company or any other Subsidiary."

Appears in 1 contract

Samples: Subordinated Note and Common Stock Purchase Agreement (NMT Medical Inc)

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