Common use of Redemption, Dividends and Distributions Clause in Contracts

Redemption, Dividends and Distributions. (a) Redeem, call, purchase, retire or otherwise acquire, directly or indirectly, any shares of its common or preferred stock or membership interests; (b) pay any dividend (except to the extent necessary for the shareholders or members to pay all federal income taxes on any pass-through income of the business that are attributable to such shareholders or members); or (c) make any other payments or distributions of any Property or cash, or pay any fees, to any stockholders as such.

Redemption, Dividends and Distributions. At any time: (a) Redeem, call, purchaseredeem, retire or otherwise acquire, directly or indirectly, any shares of its common capital stock except to the extent that no Default or preferred stock Event of Default has occurred which is continuing (or membership interestswould result from the same); (b) pay any dividend (except other than payments of the Permitted Dividends by the Borrower or dividends by a Subsidiary of the Borrower to the extent necessary for the shareholders Borrower or members to pay all federal income taxes on any pass-through income Subsidiary of the business that are attributable to such shareholders or members); Borrower or (c) make any other payments or distributions distribution of any Property or cash, or pay any fees, cash to any stockholders as such.

Redemption, Dividends and Distributions. At any time (a) Redeem, call, purchaseredeem, retire or otherwise acquire, directly or indirectly, any shares of its common or preferred stock or membership equity interests; (b) pay any dividend (except dividends paid to the extent necessary for the shareholders or members to pay all federal income taxes on any pass-through income of the business that are attributable to such shareholders or membersBorrower); or (c) make any other payments or distributions distribution of any Property or cash, or pay any fees, cash to any stockholders equity holders as such.

Redemption, Dividends and Distributions. At any time (a) Redeem, call, purchaseredeem, retire or otherwise acquire, directly or indirectly, any shares of its common or preferred stock or membership interestscapital stock; (b) pay any dividend (except to the extent necessary for the shareholders or members to pay all federal income taxes on any pass-through income of the business that are attributable to such shareholders or membersPermitted Dividends); , or (c) make any other payments or distributions distribution of any Property or cash, or pay any fees, cash to any stockholders as suchsuch (except Permitted Dividends).

Redemption, Dividends and Distributions. At any time: (a) Redeem, call, purchaseredeem, retire or otherwise acquire, directly or indirectly, any shares of its common capital stock except to the extent that no Default or preferred stock Event of Default has occurred which is continuing (or membership interestswould result from the same); (b) pay any dividend (except other than payments of the Permitted Dividends by the Parent or dividends by a Subsidiary of the Parent to the extent necessary for the shareholders Parent or members to pay all federal income taxes on any pass-through income Subsidiary of the business that are attributable to such shareholders or members); Parent or (c) make any other payments or distributions distribution of any Property or cash, or pay any fees, cash to any stockholders as such.