Restriction Against Diminishing Benefits of the Rights. The ------------------------------------------------------ Company covenants and agrees that, after the Distribution Date, it will not, except as permitted by Section 23 (Redemption and Termination) or Section 27 -------------------------- (Supplements and Amendments) take (or permit any Subsidiary to take) any action --------------------------- if at the time such action is taken it is reasonably foreseeable that such action will diminish substantially or otherwise eliminate the benefits intended to be afforded by the Rights.
Appears in 2 contracts
Samples: Rights Agreement (Cellstar Corp), Rights Agreement (Cellstar Corp)
Restriction Against Diminishing Benefits of the Rights. The ------------------------------------------------------ Company covenants and agrees that, after the Distribution Date, it will not, except as permitted by Section 23 (Redemption and TerminationREDEMPTION AND TERMINATION) or Section 27 -------------------------- (Supplements and AmendmentsSUPPLEMENTS AND AMENDMENTS) take (or permit any Subsidiary to take) any action --------------------------- if at the time such action is taken it is reasonably foreseeable that such action will diminish substantially or otherwise eliminate the benefits intended to be afforded by the Rights.
Appears in 2 contracts
Samples: Rights Agreement (Input Output Inc), Rights Agreement (Input Output Inc)
Restriction Against Diminishing Benefits of the Rights. The ------------------------------------------------------ Company covenants and agrees that, after the Distribution Date, it will not, except as permitted by Section 23 (Redemption and Termination), Section 24 (Exchange) or Section 27 -------------------------- (Supplements and Amendments) take (or permit any Subsidiary to take) any action --------------------------- if at the time such action is taken it is reasonably foreseeable that such action will diminish substantially or otherwise eliminate the benefits intended to be afforded by the Rights.
Appears in 1 contract
Restriction Against Diminishing Benefits of the Rights. The ------------------------------------------------------ Company covenants and agrees that, after the Distribution Date, it will not, except as permitted by Section 23 (Redemption and Termination) or Section 27 -------------------------- (Supplements and Amendments) take (or permit any Subsidiary to take) any action --------------------------- if at the time such action is taken it is reasonably foreseeable that such action will diminish substantially or otherwise eliminate the benefits intended to be afforded by the Rights.
Appears in 1 contract