Restriction on Redemption and Cash Dividends. Directly or indirectly, redeem, repurchase or declare or pay any cash dividend or distribution on its capital stock without the prior express written consent of the Secured Party.
Appears in 61 contracts
Samples: Security Agreement (Kraig Biocraft Laboratories, Inc), Global Security Agreement (CoroWare, Inc,), Security Agreement (Kraig Biocraft Laboratories, Inc)
Restriction on Redemption and Cash Dividends. Directly Other than with respect to holders of Preferred Stock of the Company, directly or indirectly, redeem, repurchase or declare or pay any cash dividend or distribution on its capital stock without the prior express written consent of the Secured Party.
Appears in 3 contracts
Samples: Security Agreement (Cantabio Pharmaceuticals Inc.), Security Agreement (Q BioMed Inc.), Security Agreement (Medbox, Inc.)
Restriction on Redemption and Cash Dividends. Directly or indirectly, redeem, repurchase repurchase, or declare or pay any cash dividend or distribution on its capital stock without the prior express written consent of the Secured Party.
Appears in 2 contracts
Samples: Security Agreement (Kona Gold Beverage, Inc.), Security Agreement (Kona Gold Beverage, Inc.)
Restriction on Redemption and Cash Dividends. Directly or indirectly, redeem, repurchase repurchase, repay, buy-back or declare or pay any cash dividend or distribution on its capital stock without the prior express written consent of the Secured Party.
Appears in 1 contract
Restriction on Redemption and Cash Dividends. Directly or indirectly, redeem, repurchase or declare or pay any cash dividend or distribution on its capital stock without the prior express written consent of the Secured Party, except as expressly provided in the Securities Purchase Agreement.
Appears in 1 contract
