Common use of PROHIBITED FINANCIAL TRANSACTIONS Clause in Contracts

PROHIBITED FINANCIAL TRANSACTIONS. Tenant shall not, without Landlord’s consent, enter into or do any of the following acts if to do so would result in Tenant having a net worth or net income after such action or event that is less than Tenant’s net work and/or net income as of the date of this Lease: (i) make any distribution or declare or pay any cash dividends on, or purchase, acquire, redeem or retire any of its capital stock, of any class, whether now or hereafter outstanding, (ii) acquire, merge, or consolidate with or into any other business organization, (iii) make any changes in Tenant’s financial structure or (iv) borrow funds, pledge assets, or lease or sell equipment or other property. Landlord and Tenant understand and agree that the value of the Leased Premises is influenced by Tenant’s financial standing, and the provisions of this section are intended to prohibit those voluntary actions of the Tenant that are not conducted in the normal course of its business which would reduce Tenant’s net worth and/or net income and thereby would adversely effect the value of the Leased Premises.

PROHIBITED FINANCIAL TRANSACTIONS. Tenant shall not, without Landlord’s 's consent, enter into or do any of the following acts if to do so would result in Tenant having a net worth or net income after such action or event that is less than Tenant’s 's net work worth and/or net income as of the date of this Lease: ; (i) make any distribution or declare or pay any cash dividends on, or purchase, acquire, redeem or retire any of its capital stock, of any class, whether now or hereafter outstanding, (ii) acquire, merge, or consolidate with or into any other business organization, (iii) make any changes in Tenant’s 's financial structure or (iv) borrow funds, pledge assets, or lease or sell equipment or other property. Landlord and Tenant understand and agree that the value of the Leased Premises is influenced by Tenant’s 's financial standing, and the provisions of this section are intended to prohibit those voluntary actions of the Tenant that are not conducted in the normal course of its business which would reduce Tenant’s 's net worth and/or net income and thereby would adversely effect the value of the Leased Premises.

PROHIBITED FINANCIAL TRANSACTIONS. Tenant shall not, without Landlord’s 's consent, enter into or do any of the following acts if to do so would result in Tenant having a net worth or net income after such action or event that evenx xxxt is less than Tenant’s 's net work worth and/or net income as of the date of this Lease: (i) make any distribution or declare or pay any cash dividends on, or purchase, acquire, redeem or retire any of its capital stock, of any class, whether now or hereafter outstanding, (ii) acquire, merge, or consolidate with or into any other business organization, (iii) make any changes in Tenant’s 's financial structure or (iv) borrow funds, pledge assets, or lease or sell equipment or other property. Landlord and Tenant understand and agree that the value of the Leased Premises is influenced by Tenant’s 's financial standing, and the provisions of this section are intended to prohibit those voluntary actions of the Tenant that are not conducted in the normal course of its business which would reduce Tenant’s 's net worth and/or net income and thereby would adversely effect the value of the Leased Premises.

PROHIBITED FINANCIAL TRANSACTIONS. Tenant shall not, without Landlord’s consent, enter into or do any of the following acts if to do so would result in Tenant having a net worth or net income after such action or event that is less than Tenant’s net work worth and/or net income as of the date of this Lease: (i) make any distribution or declare or pay any cash dividends on, or purchase, acquire, redeem or retire any of its capital stock, of any class, whether now or hereafter outstanding, (ii) acquire, merge, or consolidate with or into any other business organization, (iii) make any changes in Tenant’s financial structure or (iv) borrow funds, pledge assets, or lease or sell equipment or other property. Landlord and Tenant understand and agree that the value of the Leased Premises is influenced by Tenant’s financial standing, and the provisions of this section are intended to prohibit those voluntary actions of the Tenant that are not conducted in the normal course of its business which would reduce Tenant’s net worth and/or net income and thereby would adversely effect the value of the Leased Premises.