Reduction of capital. If the Borrower reduces its committed or subscribed capital; or
Reduction of capital. The Borrower shall not redeem or purchase or otherwise reduce any of its equity or any other share capital or any warrants or any uncalled or unpaid liability in respect of any of them or reduce the amount (if any) for the time being standing to the credit of its share premium account or capital redemption or other undistributable reserve in any manner.
Reduction of capital. The Company, by special resolution, may reduce its share capital, any capital redemption reserve fund or any share premium account in any manner and with, and subject to, any incident authorised, and consent required, by law.
Reduction of capital. A Security Party (other than the Manager) reduces its authorised or issued or subscribed capital, save that the redemption of any redeemable shares, or the buyback of any ordinary shares to preserve its due listing shall not constitute an Event of Default pursuant to this Clause 22 (Events of Default).
Reduction of capital. Save as permitted under this Agreement, a Security Party reduces its authorised or issued or subscribed capital. For the avoidance of doubt, the Guarantor is permitted to buy back already issued share capital.
Reduction of capital. The Company will not reduce the number of its outstanding shares of common stock by purchase or otherwise, if by doing so the percentage of its shares of common stock owned by the Investor as a result would exceed 9.9% of the total outstanding shares of common stock.
Reduction of capital. First, to those Partners with a positive Capital Account balance in the ratio that each such Partner's Capital Account bears to the Capital Accounts of all such Partners until and to the extent required to reduce the positive balance of such Partners' Capital Accounts to zero;
Reduction of capital. In the event that at any time the Company has insufficient "SURPLUS" and "NET PROFITS" required under Section 170 of the DGCL to declare dividends on the shares of Series B Preferred Stock in accordance with the terms of the Certificate of Designation, the Company shall reduce its capital by transferring a portion of the capital to surplus to the maximum extent permitted under Section 244 of the DGCL.
Reduction of capital. A Security Party (other than the Corporate Guarantor) reduces its authorised or issued or subscribed capital.
Reduction of capital. So long as any Preferred Shares remain outstanding, the Company shall not account for as surplus or transfer to or otherwise allocate to the Company's surplus account for purposes of the Delaware General Corporation Law any of the capital represented by the Preferred Shares, including, without limitation, for the purpose of reducing any of its capital stock as contemplated by Section 244 of the Delaware General Corporation Law.
