Redemptions and Dividends. So long as any Purchaser beneficially owns any Preferred Shares, the Company shall not, without first obtaining the written approval of such Purchaser, repurchase, redeem, or declare or pay any cash dividend or distribution on, any shares of capital stock of the Company.
Redemptions and Dividends. So long as any of the Notes are outstanding, the Company shall not, without first obtaining the written approval of each of the holders of the Notes, redeem, or declare or pay any cash dividend or distribution on, any shares of capital stock of the Company.
Redemptions and Dividends. For so long as the Note is outstanding, without the prior written approval of the Purchaser, the Company shall not repurchase, redeem, or declare or pay any cash dividend or distribution on, any shares of capital stock of the Company.
Redemptions and Dividends. So long as the Purchaser holds the Note, the Company shall not, without first obtaining the written approval of the Purchaser, repurchase, redeem or declare or pay any cash dividend or distribution on any shares of capital stock of the Company.
Redemptions and Dividends. So long as any Purchaser beneficially owns any Preferred Stock, the Company shall not, without first obtaining the written approval of the holders of the Majority Holders, repurchase, redeem, or declare or pay any cash dividend or premium or distribution on, or otherwise repay or prepay on account of, any shares of capital stock or other outstanding indebtedness of the Company except as provided pursuant to Schedule 4(d) hereof; provided, however, that the foregoing shall not prohibit the Company from repurchasing, redeeming or declaring or paying cash dividends or distributions on Preferred Stock provided that any such repurchases, redemptions, dividends and distributions are made solely in accordance with the terms of such Preferred Stock as in effect on the date hereof.
Redemptions and Dividends. So long as any Purchaser holds any Notes, the Company shall not, without first obtaining the written approval of the holders of a majority of the aggregate principal amount of the Notes then outstanding, repurchase, redeem or declare or pay any cash dividend or distribution on any shares of capital stock of the Company.
Redemptions and Dividends. Until all Shares have been issued in ------------------------- accordance with the terms hereof, the Company shall not, without first obtaining the written approval of the Purchaser, redeem, or declare or pay any cash dividend or distribution on, any shares of capital stock of the Company.
Redemptions and Dividends. So long as any Holder beneficially owns any Notes, the Company shall not, without first obtaining the written approval of the Holders, repurchase, redeem, or declare or pay any cash dividend or distribution on, or otherwise prepay on account of, any shares of capital stock or other outstanding indebtedness of the Company, except for the prepayments contemplated in the Debenture Waiver and Consent, which prepayments are expressly permitted herby and consented to by the Holders.
Redemptions and Dividends. Until the earlier to occur of (i) the Expiration Date and (ii) an Alternative Collateralization, without the prior written approval of the then Majority Note Holders, the Company shall not repurchase, redeem, or declare or pay any cash dividend or distribution on, any shares of capital stock of the Company.
Redemptions and Dividends. So long as any Purchaser beneficially owns any Notes or Preferred Shares, the Company shall not, without first obtaining the written approval of the Purchasers holding a majority-in-interest of the Notes then outstanding or the holders of a majority of the Preferred Shares then outstanding, as applicable, repurchase, redeem, or declare or pay any cash dividend or distribution on, any shares of capital stock of the Company; provided, however, that the foregoing shall not prohibit the Company from repurchasing, redeeming or declaring or paying cash dividends or distributions on shares of the Series A Preferred Stock and Series C Convertible Preferred Stock provided that any such repurchases, redemptions, dividends and distributions are made solely in accordance with the terms of such Series A Preferred Stock and Series C Convertible Preferred Stock as in effect on the date hereof.
