Common use of Redemptions and Dividends Clause in Contracts

Redemptions and Dividends. So long as any Purchaser beneficially owns any Notes, the Company shall not, without first obtaining the written approval of the Purchasers, repurchase, redeem, or declare or pay any cash dividend or distribution on, any shares of capital stock of the Company, except for repurchases of stock held by employees or former employees of the Company.

Redemptions and Dividends. So long as any Purchaser beneficially owns any Notes, the Company shall not, without first obtaining the written approval of the Purchaserssuch Purchaser, repurchase, redeem, or declare or pay any cash dividend or distribution on, any shares of capital stock of the Company, except for repurchases of stock held by employees or former employees of the Company.

Redemptions and Dividends. So long as any the Purchaser beneficially owns any Notesholds the Note, the Company shall not, without first obtaining the written approval of the PurchasersPurchaser, repurchase, redeem, redeem or declare or pay any cash dividend or distribution on, on any shares of capital stock of the Company, except for repurchases of stock held by employees or former employees of the Company.

Redemptions and Dividends. So long as any the Purchaser beneficially owns any Notesthe Note, the Company shall not, without first obtaining the written approval of the Purchasers, repurchasePurchaser, redeem, or declare or pay any cash dividend or distribution on, any shares of capital stock of the Company, except for repurchases of stock held by employees or former employees of the Company.

Redemptions and Dividends. So long as any Purchaser beneficially owns any Notes, the Company shall not, without first obtaining the written approval of the Purchaserssuch Purchaser, repurchase, redeem, or declare or pay any cash dividend or distribution on, any shares of capital stock of the Company; provided, except for repurchases however, if there are three or more Purchasers, then only the written approval of stock held by employees or former employees Purchasers holding a majority-in-interest of the Companythen outstanding principal amount of the Notes shall be required.

Redemptions and Dividends. So long as any the Purchaser beneficially owns any Notes, the Company shall not, without first obtaining the written approval of the PurchasersPurchaser, repurchase, redeem, or declare or pay any cash dividend or distribution on, any shares of capital stock of the Company, except for repurchases of stock held by employees or former employees of the Company.