Common use of No Dividends Clause in Contracts

No Dividends. The Company will not declare, set aside or pay any dividends or other distributions of any nature whatsoever.

Appears in 9 contracts

Sources: Stock Purchase Agreement (Usn Corp), Stock Exchange Agreement (Proactive Technologies Inc), Preferred Stock Purchase Agreement (Catcher Holdings Inc)

No Dividends. The Company Companies will not declare, set aside or pay any dividends or other distributions of any nature whatsoever.

Appears in 1 contract

Sources: Agreement and Plan of Reorganization (Rose International LTD)

No Dividends. The Company will not declare, set aside or pay any dividends or other distributions of any nature whatsoever.

Appears in 1 contract

Sources: Agreement and Plan of Reorganization (Team Sports Entertainment Inc)