No Distributions on Common Shares if Event of Default. The Corporation shall not declare or make any distribution to the holders of its issued and outstanding Common Shares or make any repurchase of Common Shares after the occurrence of an Event of Default unless and until such default shall has been cured or waived or shall have ceased to exist.
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Samples: Trust Indenture, Trust Indenture
No Distributions on Common Shares if Event of Default. The Corporation shall not declare or make any distribution to the holders of its issued and outstanding Common Shares or make any repurchase of Common Shares after the occurrence of an Event of Default unless and until such default shall has have been cured or waived or shall have ceased to exist.
Appears in 1 contract
No Distributions on Common Shares if Event of Default. The Corporation shall not declare or make any distribution to the holders of its issued and outstanding Common Shares or make any repurchase of Common Shares after the occurrence of an Event of Default unless and until such default shall has have been cured or waived or shall have ceased to exist.
Appears in 1 contract
Samples: Trust Indenture