Common use of Payment of Dividends Clause in Contracts

Payment of Dividends. Borrower will not declare or pay any dividends, other than a dividend payable in its own common stock, or authorize or make any other distribution with respect to any of its stock now or hereafter outstanding.

Payment of Dividends. Borrower will not declare or pay any dividends, other than a dividend dividends payable solely in its own common stock, or authorize or make any other distribution with respect to any of its stock now or hereafter outstanding.

Payment of Dividends. Borrower will not declare or pay any dividends, other than a dividend payable in its own common stockStock, or authorize or make any other distribution with respect to any of its stock now or hereafter outstanding.

Payment of Dividends. Borrower will not declare or pay any dividends, other than a dividend dividends payable solely in its own common stock, or authorize or make any other distribution with respect to any of its stock now or hereafter outstandingoutstanding which exceeds in the aggregate for any fiscal year Fifty Thousand Dollars ($50,000).

Payment of Dividends. Borrower will not declare or pay any dividends, other than a dividend payable in its own common stock, or authorize or make any other distribution with respect to any of its stock now or hereafter outstanding.. 5.7

Payment of Dividends. Borrower will not declare or pay any dividends, other than a dividend dividends payable solely in its own common stockstock or other equity, or authorize or make any other distribution with respect to any of its stock now or hereafter outstandingoutstanding other than employee stock redemptions in the ordinary course of business pursuant to qualified or nonqualified employee stock plans or other similar compensation arrangements approved by the board of directors.

Payment of Dividends. Borrower will not declare or pay any dividends, other than a dividend payable in its own common stock, or authorize or make any other distribution with respect to any of its stock now or hereafter outstanding, unless, subsequent to the payment of such dividend or distribution, Borrower will be in compliance with the covenants contained in this Agreement.

Payment of Dividends. Borrower will not shall not, directly or indirectly, declare or pay any dividends, other than a dividend payable in its own common stock, or authorize or make dividends on account of any other distribution with respect to shares of any class of its capital stock now or hereafter outstanding, or set aside or otherwise deposit or invest any sums for such purpose.