Restriction on Redemption and Cash Dividends. So long as any Notes are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the Buyers.
Appears in 101 contracts
Samples: Securities Purchase Agreement (FTC Solar, Inc.), Securities Purchase Agreement (Nauticus Robotics, Inc.), Securities Purchase Agreement (Visionary Holdings Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company Common Stock without the prior express written consent of the Buyersholders of Notes representing not less than a majority of the aggregate principal amount of the then outstanding Notes.
Appears in 37 contracts
Samples: Note Purchase Agreement (Alpha Energy Inc), Note Purchase Agreement (Alpha Energy Inc), Note Purchase Agreement (Alpha Energy Inc)
Restriction on Redemption and Cash Dividends. So long as any Notes are the Note is outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the BuyersInvestor.
Appears in 34 contracts
Samples: Note Purchase Agreement (Top Ships Inc.), Note Purchase Agreement (Top Ships Inc.), Securities Purchase Agreement (Freeseas Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes Preferred Shares are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the BuyersBuyers (other than as required by the Certificate of Designations).
Appears in 21 contracts
Samples: Securities Purchase Agreement (Class Over Inc. / DE), Securities Purchase Agreement (Battery Future Acquisition Corp.), Securities Purchase Agreement (Onconetix, Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company Common Stock without the prior express written consent of the BuyersRequired Holders (as defined in the Notes).
Appears in 17 contracts
Samples: Securities Purchase Agreement (Freedom Leaf Inc.), Purchase Agreement (Spiralfrog, Inc), Securities Purchase Agreement (House of Taylor Jewelry, Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes Preferred Shares are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the BuyersBuyer (other than as required by the Certificate of Designations).
Appears in 10 contracts
Samples: Securities Purchase Agreement (Aditxt, Inc.), Securities Purchase Agreement (Evofem Biosciences, Inc.), Securities Purchase Agreement (Evofem Biosciences, Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes Warrants are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the Buyers.
Appears in 8 contracts
Samples: Securities Purchase Agreement (Marker Therapeutics, Inc.), Securities Purchase Agreement (SCWorx Corp.), Securities Purchase Agreement (Intercloud Systems, Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes Shares are outstandingoutstanding and have not been converted to Conversion Shares, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the Required Buyers.
Appears in 6 contracts
Samples: Securities Purchase Agreement (Movano Inc.), Securities Purchase Agreement (Movano Inc.), Securities Purchase Agreement (TFF Pharmaceuticals, Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes are the Note is outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the BuyersBuyer.
Appears in 6 contracts
Samples: Securities Purchase Agreement (Lm Funding America, Inc.), Securities Purchase Agreement (Lm Funding America, Inc.), Securities Purchase Agreement (Lm Funding America, Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the BuyersRequired Holders.
Appears in 6 contracts
Samples: Securities Purchase Agreement (Helios & Matheson Analytics Inc.), Securities Purchase Agreement (Helios & Matheson Analytics Inc.), Securities Purchase Agreement (Helios & Matheson Analytics Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or cash distribution on, any securities of the Company without the prior express written consent of the BuyersBuyers (other than as required by the certificate of designations for the Series B preferred shares of the Company or any other agreement, in each case as in effect as of the date hereof).
Appears in 5 contracts
Samples: Securities Purchase Agreement (PAVmed Inc.), Securities Purchase Agreement (PAVmed Inc.), Securities Purchase Agreement (PAVmed Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or cash distribution on, any securities of the Company without the prior express written consent of the Buyers.
Appears in 4 contracts
Samples: Securities Purchase Agreement (Alpha Cognition Inc.), Securities Purchase Agreement (Alpha Cognition Inc.), Securities Purchase Agreement (Clean Vision Corp)
Restriction on Redemption and Cash Dividends. So long as any Notes and Warrants are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the Buyers.
Appears in 4 contracts
Samples: Securities Purchase Agreement (OneMedNet Corp), Securities Purchase Agreement (OneMedNet Corp), Securities Purchase Agreement (Data Knights Acquisition Corp.)
Restriction on Redemption and Cash Dividends. So long as any Notes are Note is outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the Buyerseach Investor still holding a Note.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Players Network), Securities Purchase Agreement (TWO RIVERS WATER & FARMING Co), Securities Purchase Agreement (Biolargo, Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes Purchased Securities are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the Buyers.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Alternus Clean Energy, Inc.), Securities Purchase Agreement (Alternus Clean Energy, Inc.), Securities Purchase Agreement (Interactive Strength, Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes are Preferred Shares remain outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the BuyersBuyers (other than as required pursuant to the Certificate of Designations).
Appears in 3 contracts
Samples: Securities Purchase Agreement (xG TECHNOLOGY, INC.), Securities Purchase Agreement (xG TECHNOLOGY, INC.), Securities Purchase Agreement (xG TECHNOLOGY, INC.)
Restriction on Redemption and Cash Dividends. So long as any Notes are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the Required Buyers.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Aqua Metals, Inc.), Securities Purchase Agreement (Energous Corp), Securities Purchase Agreement (Medgenics, Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes are the Note is outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the BuyersHolder.
Appears in 3 contracts
Samples: Exchange Agreement (Box Ships Inc.), Exchange Agreement (Box Ships Inc.), Exchange Agreement (Paragon Shipping Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes are outstandingamounts remain due under the Note, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the BuyersBuyer.
Appears in 3 contracts
Samples: Securities Purchase Agreement (ARJ Consulting, LLC), Securities Purchase Agreement (Verus International, Inc.), Securities Purchase Agreement (Verus International, Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes are the Exchange Note is outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the BuyersInvestors.
Appears in 2 contracts
Samples: Amendment and Exchange Agreement (ShiftPixy, Inc.), Amendment and Exchange Agreement (ShiftPixy, Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes are this Note is outstanding, the Company shall not, directly or indirectly, redeem, repurchase or declare or pay any cash dividend or distribution on, any on its shares or securities of the Company without the prior express written consent of Investor, except for repurchases of shares or securities pursuant to arrangements entered into in connection with grants of equity compensation under any equity incentive plan in effect as of the Buyersdate of the original issuance of this Note and any securities held by Investor or its affiliates.
Appears in 2 contracts
Samples: Note Purchase Agreement (Response Biomedical Corp), Note Purchase Agreement (Response Biomedical Corp)
Restriction on Redemption and Cash Dividends. So long as any Until all of the Notes are outstandinghave been converted, redeemed or otherwise satisfied in accordance with their terms, the Company shall not, directly or indirectly, redeem, repurchase or declare or pay any cash dividend or distribution on, any securities of the Company on its capital stock without the prior express written consent of the BuyersRequired Holders.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Rancher Energy Corp.), Securities Purchase Agreement (A-Power Energy Generation Systems, Ltd.)
Restriction on Redemption and Cash Dividends. So long as any Notes are outstandingPurchaser owns any Notes, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the BuyersPurchasers holding then outstanding Notes.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Boldface Group, Inc.), Securities Purchase Agreement (Boldface Group, Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company other than the August Notes and the August Warrants pursuant to the terms thereof without the prior express written consent of the BuyersRequired Holders.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Helios & Matheson Analytics Inc.), Securities Purchase Agreement (Helios & Matheson Analytics Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes are Warrants remain outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the Buyers.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Tantech Holdings LTD), Stock Purchase Agreement (Dehaier Medical Systems LTD)
Restriction on Redemption and Cash Dividends. So long as any Notes are outstandingamounts remain due under the Note or any of the Warrants remain unexercised, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the BuyersBuyer.
Appears in 2 contracts
Samples: Securities Purchase Agreement (ARJ Consulting, LLC), Securities Purchase Agreement (Verus International, Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes Warrants or Warrant Preferred Shares are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the Buyers.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Magnegas Corp), Securities Purchase Agreement (Magnegas Corp)
Restriction on Redemption and Cash Dividends. So long as any Notes are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the BuyersPurchasers.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Ads in Motion, Inc.), Securities Purchase Agreement (Ads in Motion, Inc.)
Restriction on Redemption and Cash Dividends. So long as any of the Notes are remain outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the Buyers.
Appears in 1 contract
Restriction on Redemption and Cash Dividends. So Unless otherwise required to by the existing terms of any Excluded Securities, so long as any Notes are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the Buyers.
Appears in 1 contract
Samples: Securities Purchase Agreement (Ascent Solar Technologies, Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes are portion of the Note is outstanding, the Company shall not, except as expressly permitted by the terms of the Note, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the BuyersLender.
Appears in 1 contract
Samples: Subordination Agreement (Digital Domain Media Group, Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes Warrants are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the BuyersRequired Holders.
Appears in 1 contract
Samples: Securities Purchase Agreement (Broadcast International Inc)
Restriction on Redemption and Cash Dividends. So long as any Notes are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or cash distribution on, any securities of the Company without the prior express written consent of the BuyersBuyers (other than as required by the certificate of designations for the shares of Series B and Series B-1 preferred stock of the Company or any other agreement, in each case as in effect as of the date hereof).
Appears in 1 contract
Samples: Securities Purchase Agreement (Lucid Diagnostics Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the Buyers, except as required by Section 9 of the Series B Notes, subject to the limitations set forth in the Supplemental Indentures.
Appears in 1 contract
Restriction on Redemption and Cash Dividends. So long as any Notes are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution onon or repurchase, any securities of the Company without the prior express written consent of the Buyers.
Appears in 1 contract
Samples: Securities Purchase Agreement (Toughbuilt Industries, Inc)
Restriction on Redemption and Cash Dividends. So long as any Notes are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the Buyers, except as required by the certificate of designations for the Series B Preferred Stock, as in effect on the date hereof.
Appears in 1 contract
Samples: Securities Purchase Agreement (Eastside Distilling, Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes are amounts under the New Note remains outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the BuyersHolder.
Appears in 1 contract
Samples: Amendment and Exchange Agreement (Innovate Biopharmaceuticals, Inc.)
Restriction on Redemption and Cash Dividends. So long as any Series A Notes are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the Buyers.
Appears in 1 contract
Samples: Securities Purchase Agreement (Cure Pharmaceutical Holding Corp.)
Restriction on Redemption and Cash Dividends. So long as any Notes are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company other than the November Notes, the August Notes and the Exchange Warrants pursuant to the terms thereof without the prior express written consent of the BuyersRequired Holders.
Appears in 1 contract
Samples: Securities Purchase Agreement (Helios & Matheson Analytics Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes or Preferred Shares are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company other than the Securities, the January Notes and the November Notes pursuant to the terms thereof without the prior express written consent of the BuyersRequired Holders.
Appears in 1 contract
Samples: Securities Purchase Agreement (Helios & Matheson Analytics Inc.)
Restriction on Redemption and Cash Dividends. So long as any the Exchange Notes are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the BuyersInvestors.
Appears in 1 contract
Samples: Exchange Agreement (ShiftPixy, Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes Debentures are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the Buyers.
Appears in 1 contract
Restriction on Redemption and Cash Dividends. So long as any Notes are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the BuyersHolders.
Appears in 1 contract
Samples: Securities Subscription Agreement (Fusion Fuel Green PLC)
Restriction on Redemption and Cash Dividends. So long as any Notes are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or cash distribution on, any securities of the Company without the prior express written consent of the BuyersBuyers (other than as required by the certificate of designations for the shares of Series A preferred stock of the Company or any other agreement, in each case as in effect as of the date hereof).
Appears in 1 contract
Samples: Securities Purchase Agreement (Lucid Diagnostics Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes are Note is outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of each Investor still holding a Note, except for the Buyersredemption of Series B Preferred Stock for no consideration.
Appears in 1 contract
Samples: Securities Purchase Agreement (Rennova Health, Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes are the Note remains outstanding, the Company shall not, directly or indirectly, redeem, purchase or declare or pay any cash dividend or distribution on, any securities shares of the Company its Common Stock or any other shares of its capital stock, without the prior express written consent of the BuyersBuyer.
Appears in 1 contract
Samples: Securities Purchase Agreement (Natural Nutrition Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes and Warrants are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the BuyersBuyers other than cash payments for fractional shares.
Appears in 1 contract
Samples: Securities Purchase Agreement (Scorpius Holdings, Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes Subscription Units are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the Buyers.
Appears in 1 contract
Samples: Securities Purchase Agreement (Marina Biotech, Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the Buyers, other than as required by the terms thereof as in effect on the date hereof.
Appears in 1 contract
Samples: Securities Purchase Agreement (Real Goods Solar, Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes are outstanding, the Company shall not, except as expressly permitted by the terms of the Notes, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the Buyers.
Appears in 1 contract
Samples: Securities Purchase Agreement (Digital Domain Media Group, Inc.)
Restriction on Redemption and Cash Dividends. So long as any of the Convertible Notes are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the BuyersBuyers (other than as required by the Convertible Notes or as required by the terms thereof as in effect on the date hereof).
Appears in 1 contract
Samples: Securities Purchase Agreement (Workhorse Group Inc.)
Restriction on Redemption and Cash Dividends. So long as any of the Notes are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the BuyersRequired Holders (other than Permitted Restricted Payments (as defined in the Notes) or as otherwise required by the Notes or as required by the terms thereof as in effect on the date hereof).
Appears in 1 contract
Samples: Securities Purchase Agreement (Tellurian Inc. /De/)
Restriction on Redemption and Cash Dividends. So long as any Notes are outstanding, the Company shall not, and the Company shall cause each of its Subsidiaries to not, directly or indirectly, redeem, repurchase or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the Buyers.
Appears in 1 contract
Samples: Securities Purchase Agreement (KushCo Holdings, Inc.)
Restriction on Redemption and Cash Dividends. So Unless otherwise required to by the existing terms of any Excluded Securities, so long as any Preferred Shares or Notes are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the BuyersBuyers (other than as required by the Certificate of Designations).
Appears in 1 contract
Samples: Securities Purchase Agreement (Ascent Solar Technologies, Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the Buyers, except as required by the terms of any Excluded Securities.
Appears in 1 contract
Samples: Securities Purchase Agreement (Odyssey Marine Exploration Inc)
Restriction on Redemption and Cash Dividends. So long as any Notes are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the BuyersBuyer.
Appears in 1 contract
Samples: Securities Purchase Agreement (Global Technologies LTD)
Restriction on Redemption and Cash Dividends. So long as any Notes are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities capital stock of the Company without the prior express written consent of the Buyers.
Appears in 1 contract
Samples: Securities Purchase Agreement (Kandi Technologies Corp)
Restriction on Redemption and Cash Dividends. So long as any Notes are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the BuyersBuyers (other than as required by the Notes). Notwithstanding the foregoing, this Section 4(r) shall not apply in respect to a Permitted Betterware Payment or a Permitted Agel Redemption.
Appears in 1 contract
Restriction on Redemption and Cash Dividends. So long as any of the Notes contained in the Units purchased hereby are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the BuyersInvestor.
Appears in 1 contract
Samples: Securities Purchase Agreement (Quantum Materials Corp.)
Restriction on Redemption and Cash Dividends. So long as any Notes Warrants are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the Required Buyers.
Appears in 1 contract
Samples: Securities Purchase Agreement (American Standard Energy Corp.)
Restriction on Redemption and Cash Dividends. So Unless otherwise required to by the existing terms of any Excluded Securities, so long as any Notes Preferred Shares are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the BuyersBuyers (other than as required by the Certificate of Designations).
Appears in 1 contract
Samples: Securities Purchase Agreement (Ascent Solar Technologies, Inc.)
Restriction on Redemption and Cash Dividends. So long as any Notes are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company without the prior express written consent of the Buyers, except for the repurchase of common stock from employees, directors, consultants, and advisor in connection with termination of services to the Company.
Appears in 1 contract
Samples: Note Purchase Agreement (Innovate Biopharmaceuticals, Inc.)
