Common use of Negative Covenants Prior to Closing Clause in Contracts

Negative Covenants Prior to Closing. From the date of this Agreement through the Closing, the Company shall not: (a) declare, or make payment in respect of, any dividend or other distribution upon any shares of capital stock of the Company; (b) redeem, repurchase or acquire any capital stock of the Company or any of its Subsidiaries; (c) amend the Company’s Charter or Bylaws; or (d) authorize, issue, or reclassify any capital stock, or debt securities convertible into capital stock, of the Company (other than the authorization and issuance of the Shares, in accordance with this Agreement).

Negative Covenants Prior to Closing. From the date of this Agreement through the Closing, the Company shall not: (a) declare, or make payment in respect of, any dividend or other distribution upon any shares of capital stock of the Company; (b) redeem, repurchase or acquire any capital stock of the Company or any of its Subsidiaries; (c) amend the Company’s Charter or Bylaws; or (d) authorize, issue, or reclassify any capital stock, or debt securities convertible into capital stock, of the Company (other than the authorization and issuance of the Shares, in accordance with this AgreementAgreement and pursuant to the Prairie Transaction).

Negative Covenants Prior to Closing. From the date of this Agreement through the Closing, the Company shall not: (a) declare, or make payment in respect of, any dividend or other distribution upon any shares of capital stock of the Company; (b) redeem, repurchase or acquire any capital stock of the Company or any of its SubsidiariesCompany; (c) amend the Company’s Charter or Bylaws; or (d) authorize, issue, or reclassify any capital stock, or debt securities convertible into capital stock, of the Company (other than the authorization and issuance of the Shares, Shares in accordance with this Agreement).