Common use of Restriction on Redemption and Cash Dividends Clause in Contracts

Restriction on Redemption and Cash Dividends. 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 of its capital stock (other than any obligations to do so outstanding as of the Issuance Date).

Appears in 11 contracts

Samples: Note (Top Ships Inc.), Lm Funding America, Inc., Lm Funding America, Inc.

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Restriction on Redemption and Cash Dividends. 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 of its capital stock (other than any obligations to do so outstanding as of the Issuance Date)stock.

Appears in 9 contracts

Samples: Securities Purchase Agreement (GigCapital5, Inc.), Securities Purchase Agreement (EF Hutton Acquisition Corp I), Waiver and Amendment Agreement (Aclarion, Inc.)

Restriction on Redemption and Cash Dividends. The Company shall not, and the Company shall cause each of its Subsidiaries subsidiaries to not, directly or indirectly, redeem, repurchase or declare or pay any cash dividend or distribution on any of its capital stock (other than any obligations to do so outstanding as of the Issuance Date)stock.

Appears in 4 contracts

Samples: Amendment Agreement (Repros Therapeutics Inc.), Amendment Agreement (Repros Therapeutics Inc.), Agreement (Repros Therapeutics Inc.)

Restriction on Redemption and Cash Dividends. The Except for any Permitted Distributions, 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 of its capital stock (other than any obligations to do so outstanding as without the prior express written consent of the Issuance Date)Required Holders.

Appears in 3 contracts

Samples: Note Purchase Agreement, Note Purchase Agreement (Pacific Ethanol, Inc.), Security Agreement (Pacific Ethanol, Inc.)

Restriction on Redemption and Cash Dividends. 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 of its capital stock (other than any obligations to do so outstanding as required by the Certificate of the Issuance DateDesignations).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Aditxt, Inc.), Securities Purchase Agreement (Digital Health Acquisition Corp.)

Restriction on Redemption and Cash Dividends. The Company shall not, and the Company shall cause each of its Subsidiaries to not, not directly or indirectly, redeem, repurchase or declare or pay any cash dividend or distribution on any of its capital stock (other than any obligations to do so outstanding as of the Issuance Date)stock.

Appears in 2 contracts

Samples: Dolphin Entertainment, Inc., Dolphin Entertainment, Inc.

Restriction on Redemption and Cash Dividends. The Except for any Permitted Distributions or to otherwise effect the payment of Principal pursuant to Section 1.3 above in accordance with the provisions of this Note, 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 of its capital stock (other than any obligations to do so outstanding as without the prior express written consent of the Issuance Date)Holder.

Appears in 1 contract

Samples: Credit Agreement (Pacific Ethanol, Inc.)

Restriction on Redemption and Cash Dividends. 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 of its capital stock (other than any obligations to do so outstanding as required by this Certificate of the Issuance DateDesignations).

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Phoenix Biotech Acquisition Corp.)

Restriction on Redemption and Cash Dividends. 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 of its share capital stock (other than cash dividends and distributions by any obligations Subsidiary to do so outstanding as the Company or any other wholly-owned Subsidiary of the Issuance DateCompany).

Appears in 1 contract

Samples: Securities Purchase Agreement

Restriction on Redemption and Cash Dividends. The Except in accordance with Section 14(j) below, 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 of its capital stock (other than any obligations to do so outstanding as of the Issuance Date)stock.

Appears in 1 contract

Samples: Ads in Motion, Inc.

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Restriction on Redemption and Cash Dividends. The Company shall not, and the Company shall cause each of its Subsidiaries (other than dividends by wholly owned Subsidiaries to the Company or other wholly owned Subsidiaries of the Company) to not, directly or indirectly, redeem, repurchase or declare or pay any cash dividend or distribution on any of its capital stock (other than any obligations to do so outstanding as of the Issuance Date)share capital.

Appears in 1 contract

Samples: Securities Purchase Agreement (Globus Maritime LTD)

Restriction on Redemption and Cash Dividends. 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 of its capital stock (other than any obligations dividends by wholly-owned Subsidiaries to do so outstanding as the Company) without the prior express written consent of the Issuance Date)Holder.

Appears in 1 contract

Samples: Securities Purchase Agreement (Net Element, Inc.)

Restriction on Redemption and Cash Dividends. 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 of its capital stock (other than any obligations to do so outstanding stock, except for deemed repurchases of Common Stock that arise as a result of a customary cashless exercise provision of Options in effect as of the Issuance Date)date of issuance of such Option.

Appears in 1 contract

Samples: Securities Purchase Agreement (Delcath Systems, Inc.)

Restriction on Redemption and Cash Dividends. 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 out of its capital stock (other than any obligations to do so outstanding as of the Issuance Date)capital.

Appears in 1 contract

Samples: Fourth Amendment Agreement (Genius Group LTD)

Restriction on Redemption and Cash Dividends. 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 of its capital stock (other than any obligations to do so outstanding as of the Issuance Date)share capital.

Appears in 1 contract

Samples: Securities Purchase Agreement (Sundial Growers Inc.)

Restriction on Redemption and Cash Dividends. 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 of its capital stock (other than any obligations to do so outstanding as of the Issuance Date)stock.

Appears in 1 contract

Samples: Healthcare Corp of America

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