No payment of dividend. The Guarantor shall not declare, make or pay any dividend or other distribution (or interest on any unpaid dividend or other distribution) (whether in cash or in kind) on or in respect of its share capital (including any class of its share capital) unless:
Appears in 3 contracts
Samples: United Maritime Corp, United Maritime Corp, United Maritime Corp
No payment of dividend. The Guarantor shall not declare, make or pay any dividend or other distribution (or interest on any unpaid dividend or other distribution) (whether in cash or in kind) on or in respect of its share capital (including any class whether in cash or in kind) upon the occurrence of its share capital) unless:a Termination Event described in clause 48 of the Bareboat Charter.
Appears in 2 contracts
Samples: Top Ships Inc., Top Ships Inc.
