Common use of Redeem Stock Clause in Contracts

Redeem Stock. Purchase, redeem, retire or otherwise acquire any of the shares of its capital stock, or make any commitment to do so, unless Borrower has previously provided to Agent a proforma compliance certificate showing compliance with the Agreement immediately following such purchase, redemption, retirement or acquisition.

Appears in 2 contracts

Samples: Pledge Agreement (Owens Realty Mortgage, Inc.), Credit Agreement (Owens Realty Mortgage, Inc.)

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Redeem Stock. Purchase, redeem, retire or otherwise acquire any of the shares of its capital stock, or make any commitment to do so, unless Borrower has previously provided to Agent a proforma compliance certificate showing compliance with the Agreement immediately following such purchase, redemption, retirement or acquisition.. 30 Section 6.2 Liens. Create, incur, assume or suffer to exist any Lien of any kind upon any of its property or assets, whether now owned or hereafter acquired, other than Permitted Encumbrances. Section 6.3

Appears in 1 contract

Samples: Credit Agreement

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Redeem Stock. Purchase, redeem, retire or otherwise acquire any of the shares of its capital stock, or make any commitment to do so, unless Borrower has previously provided to Agent Bank a proforma compliance certificate showing compliance with the Agreement immediately following such purchase, redemption, retirement or acquisition.

Appears in 1 contract

Samples: Credit Agreement (Owens Realty Mortgage, Inc.)

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