Common use of Recent Dividends and Other Distributions Clause in Contracts

Recent Dividends and Other Distributions. There has been no dividend or other distribution of assets or securities whether consisting of money, property or any other thing of value, declared, issued or paid to or for the benefit of the Sellers subsequent to the date of the most recent Financial Statements described in Section 5.10 by the Company, except as set forth on Exhibit 6.25 or except as permitted by paragraph 8.1.8.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Lounsberry Holdings Ii Inc), Stock Purchase Agreement (Techprecision Corp)

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Recent Dividends and Other Distributions. There Except as disclosed to the Buyer, and except for salaries paid in the Ordinary Course of Business, there has been no dividend or other distribution of assets or securities or payment, whether consisting of money, property or any other thing of value, declared, issued or paid to or for the benefit of the Sellers subsequent to the date of the most recent Financial Statements described in Section 5.10 Shareholders by the CompanyCompany since April 30, except as set forth on Exhibit 6.25 or except as permitted by paragraph 8.1.82016.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Event Cardio Group Inc.), Stock Purchase Agreement (Event Cardio Group Inc.)

Recent Dividends and Other Distributions. There Except as disclosed to Buyer, there has been no dividend or other distribution of assets or securities or payment, whether salary or bonus, whether consisting of money, property or any other thing of value, declared, issued or paid to or for the benefit of the Sellers subsequent to the date of the most recent Financial Statements described in Section 5.10 Shareholders by the CompanyCompany since March 31, except as set forth on Exhibit 6.25 or except as permitted by paragraph 8.1.82013.

Appears in 1 contract

Samples: Stock Purchase Agreement (Air Industries Group)

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Recent Dividends and Other Distributions. There Except as set forth in Exhibit 5.31, there has been no dividend or other distribution of assets or securities with respect to the Common Stock whether consisting of money, property or any other thing of value, declared, issued or paid to or for the benefit of the Sellers Shareholder subsequent to the date of the most recent Financial Statements described in Section 5.10 by the CompanyMarch 31, except as set forth on Exhibit 6.25 or except as permitted by paragraph 8.1.81996.

Appears in 1 contract

Samples: Stock Purchase and Redemption Agreement (Standard Automotive Corp)

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