Common use of Redemption, Dividends and Distributions Clause in Contracts

Redemption, Dividends and Distributions. At any time: (a) redeem, retire or otherwise acquire, directly or indirectly, any equity interest in Borrower or (b) make any distributions of any Property or cash to the owner of any of the equity interests in any Obligor other than dividends or distributions by a Subsidiary of Borrower to Borrower.

Appears in 3 contracts

Samples: Loan Agreement (Innovative Valve Technologies Inc), Loan Agreement (Innovative Valve Technologies Inc), Loan Agreement (Innovative Valve Technologies Inc)

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Redemption, Dividends and Distributions. At any time: (a) redeem, retire or otherwise acquire, directly or indirectly, any equity interest in Borrower or (b) make any distributions of any Property or cash to the owner of any of the equity interests in any Obligor other than dividends or distributions by a Subsidiary of Borrower to Borrower.the following:

Appears in 2 contracts

Samples: Loan Agreement (Consolidated Graphics Inc /Tx/), Loan Agreement (Consolidated Graphics Inc /Tx/)

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