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Common use of No Dividends Clause in Contracts

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

Appears in 16 contracts

Sources: Stock Purchase Agreement (Double Eagle Holdings, Ltd.), Agreement and Plan of Reorganization (Team Sports Entertainment Inc), Stock Purchase Agreement (Usn Corp)

Related Clauses

  • No Dividend Equivalents
  • Dividends
  • Share Dividends
  • Stock Splits and Dividends
  • Stock Dividends

Parent Clauses

  • Covenants
  • Representations and Warranties
  • Absence of Certain Changes
  • Representations and Warranties of the Corporation
  • General Undertakings

Sub-Clauses

  • No Pension Plans
  • Contracts
  • No Adverse Events
  • No Payments
  • Effective Registration Statement and Authorizations
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