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.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Virologic Inc), Securities Purchase Agreement (Virologic Inc)
Redemptions and Dividends. So long as any Purchaser beneficially owns any Preferred SharesNotes, the Company shall not, without first obtaining the written approval of such Purchaserthe 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.
Appears in 2 contracts
Samples: Execution Copy Securities Purchase Agreement (Inkine Pharmaceutical Co Inc), Securities Purchase Agreement (Inkine Pharmaceutical Co Inc)
Redemptions and Dividends. So long as any Purchaser beneficially owns any Preferred SharesNotes, 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.
Appears in 2 contracts
Samples: Form of Subscription Agreement (Vendingdata Corp), Form of Subscription Agreement (Vendingdata Corp)
Redemptions and Dividends. So long as any Purchaser beneficially owns any Preferred Shares------------------------- Debentures, 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.
Appears in 1 contract
Samples: Securities Purchase Agreement (Knickerbocker L L Co Inc)
Redemptions and Dividends. So long as any Purchaser beneficially owns any Preferred SharesDebentures, 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.
Appears in 1 contract
Samples: Securities Purchase Agreement (Fidelity Holdings Inc)
Redemptions and Dividends. So long as any the Purchaser beneficially owns ------------------------- any Preferred SharesDebentures, the Company shall not, without first obtaining the written approval of such the Purchaser, repurchase, redeem, or declare or pay any cash dividend or distribution on, any shares of capital stock of the Company.
Appears in 1 contract
Samples: Securities Purchase Agreement (Knickerbocker L L Co Inc)
Redemptions and Dividends. So long as any the Purchaser beneficially owns any Preferred SharesDebentures, the Company shall not, without first obtaining the written approval of such the Purchaser, repurchase, redeem, or declare or pay any cash dividend or distribution on, any shares of capital stock of the Company.
Appears in 1 contract
Samples: Securities Purchase Agreement (Icc Technologies Inc)
