Common use of No Distributions Clause in Contracts

No Distributions. Any declaration, setting aside or payment of any dividend or other distribution in respect of the Company’s capital stock; any redemption, purchase or other acquisition by the Company of any capital stock or other securities of the Company; or any other payment of any kind to any of the Company’s shareholders, except for regular payments of base salary, benefits under Employee Plans/Agreements applicable to the Company employees generally and reimbursement of expenses in accordance with the Company’s expense reimbursement policy.

Appears in 1 contract

Samples: Stock Purchase Agreement (Steven Madden, Ltd.)

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No Distributions. Any declaration, setting aside aside, or payment of any dividend or any other distribution in respect of Company's equity interests, except for the Company’s capital stockLLC Distributions; any redemption, purchase or other acquisition by the Company of any capital stock equity interest of Company, or other securities of the Companyany security relating thereto; or any other payment of any kind to any member of the Company’s shareholders, except for regular payments of base salary, benefits under Employee Plans/Agreements applicable to the Company employees generally and reimbursement of expenses in accordance with the Company’s expense reimbursement policy.as such a member;

Appears in 1 contract

Samples: Asset Purchase Agreement (National Research Corp)

No Distributions. Any declaration, setting aside or payment of any dividend or any other distribution in respect of the Company’s capital stockstock or other Equity Interests of Company; any redemption, purchase or other acquisition by the Company of any capital stock or other securities Equity Interests of the Company, or any security relating thereto; or any other payment of any kind to any shareholder of the Company’s shareholders, except for regular payments Company or holder of base salary, benefits under Employee Plans/Agreements applicable to the other Equity Interests of Company employees generally and reimbursement by virtue of expenses in accordance with the Company’s expense reimbursement policy.being a shareholder or holder;

Appears in 1 contract

Samples: Stock Purchase Agreement (National Research Corp)

No Distributions. Any declaration, setting aside or payment of any dividend or other distribution in respect of the Company’s capital stockEquity Interests; any redemption, purchase or other acquisition by the any Company of any capital stock or other securities of the any Company; or any other payment of any kind to any of the Company’s shareholdersSellers, except for regular payments of base salary, benefits under Employee Plans/Agreements applicable to the Company employees of the Companies generally and reimbursement of expenses in accordance with the Company’s Companies’ expense reimbursement policy.

Appears in 1 contract

Samples: Equity Purchase Agreement (Steven Madden, Ltd.)

No Distributions. Any declaration, setting aside or payment of any dividend or other distribution in respect of the Company’s capital stockstock of Company or any Company Subsidiary; any redemption, purchase or other acquisition by the Company or any Company Subsidiary of any capital stock of such entity, or other securities of the Companyany security relating to such capital stock; or any other payment of any kind to a stockholder of Company or to any stockholder of the Company’s shareholders, except for regular payments of base salary, benefits under Employee Plans/Agreements applicable to the a Company employees generally and reimbursement of expenses Subsidiary in accordance with the Company’s expense reimbursement policyhis or her capacity as a stockholder.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Tickets Com Inc)

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No Distributions. Any declaration, setting aside aside, or payment of any dividend or any other distribution in respect of the Company’s capital stockequity interests, except for the LLC Distributions; any redemption, purchase or other acquisition by the Company of any capital stock equity interest of Company, or other securities of the Companyany security relating thereto; or any other payment of any kind to any member of the Company’s shareholders, except for regular payments of base salary, benefits under Employee Plans/Agreements applicable to the Company employees generally and reimbursement of expenses in accordance with the Company’s expense reimbursement policy.as such a member;

Appears in 1 contract

Samples: Asset Purchase Agreement (National Research Corp)

No Distributions. Any declaration, setting aside or payment of any dividend or any other distribution in respect of the Company’s capital stock; any redemption, purchase or other acquisition by the Company of any capital stock of Company, or other securities of the Companyany security relating thereto; or any other payment of any kind to any shareholder of the Company’s shareholders, except for regular payments Company by virtue of base salary, benefits under Employee Plans/Agreements applicable to the Company employees generally and reimbursement of expenses in accordance with the Company’s expense reimbursement policy.being a shareholder;

Appears in 1 contract

Samples: Merger Agreement (National Research Corp)

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