Common use of Restriction on Dividends and Repurchases Clause in Contracts

Restriction on Dividends and Repurchases. The Company covenants and agrees that it shall not violate any of the restrictions on dividends, distributions, redemptions, repurchases, acquisitions and related actions set forth in the Certificate of Designation, which are incorporated by reference herein as if set forth in full.

Appears in 51 contracts

Samples: Securities Purchase Agreement, Securities Purchase Agreement (Origin Bancorp, Inc.), Assignment and Assumption Agreement (Veritex Holdings, Inc.)

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Restriction on Dividends and Repurchases. (i) The Company covenants and agrees that it shall not violate any of the restrictions on dividends, distributions, redemptions, repurchases, acquisitions and related actions set forth in the Certificate of DesignationDesignations, which are incorporated by reference herein as if set forth in full.

Appears in 10 contracts

Samples: Securities Purchase Agreement (Security Federal Corp), Letter Agreement, Letter Agreement (Citizens Bancshares Corp /Ga/)

Restriction on Dividends and Repurchases. (i) The Company covenants and agrees that it shall not violate any of the restrictions on dividends, distributions, redemptions, repurchases, acquisitions and related actions set forth in the New Certificate of DesignationDesignations, which are incorporated by reference herein as if set forth in full.

Appears in 4 contracts

Samples: Exchange Agreement, Exchange Agreement, Exchange Agreement

Restriction on Dividends and Repurchases. The Company covenants and agrees that it shall not violate any of the restrictions on dividends, distributions, redemptions, repurchases, acquisitions and related actions set forth in the Certificate Statement of DesignationDesignations, which are incorporated by reference herein as if set forth in full.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Veritex Holdings, Inc.), Assignment and Assumption Agreement (Independent Bank Group, Inc.), Securities Purchase Agreement (Encore Bancshares Inc)

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Restriction on Dividends and Repurchases. The Company covenants and agrees that it shall not violate any of the restrictions on dividends, distributions, redemptions, repurchases, acquisitions and related actions set forth in the Certificate of Designation, which are incorporated by reference herein as if set forth in full.. Annex C (General Terms and Conditions)

Appears in 1 contract

Samples: Securities Purchase Agreement (ServisFirst Bancshares, Inc.)

Restriction on Dividends and Repurchases. The Company covenants and agrees that it shall not violate any of the restrictions on dividends, distributions, redemptions, repurchases, acquisitions and related actions set forth in the Certificate of DesignationRequired Amendments to Organizational Documents, which are incorporated by reference herein as if set forth in full.

Appears in 1 contract

Samples: Securities Purchase Agreement

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