Restriction on Redemption and Cash Dividends. So long as any Preferred Shares are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, the Common Stock without the prior express written consent of the Required Purchasers.
Appears in 5 contracts
Samples: Securities Purchase Agreement (Car Charging Group, Inc.), Securities Purchase Agreement (Car Charging Group, Inc.), Securities Purchase Agreement (Car Charging Group, Inc.)
Restriction on Redemption and Cash Dividends. So long as any shares of Preferred Shares Stock are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, the Common Stock without the prior express written consent of the Required PurchasersHolders (as defined in the Certificate of Determination).
Appears in 2 contracts
Samples: Exchange Agreement (Nutracea), Securities Purchase Agreement (Nutracea)
Restriction on Redemption and Cash Dividends. So long as any shares of Preferred Shares Stock are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Common Stock Company without the prior express written consent of the Required PurchasersInvestors.
Appears in 2 contracts
Samples: Placement Agent Agreement (Freeseas Inc.), Placement Agent Agreement (Freeseas Inc.)
Restriction on Redemption and Cash Dividends. So long as any shares of Preferred Shares Stock are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Common Stock Company (other than any of the Securities) without the prior express written consent of the Required PurchasersBuyers.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Novadel Pharma Inc), Securities Purchase Agreement (Novadel Pharma Inc)
Restriction on Redemption and Cash Dividends. So long as any Preferred Shares are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, the Common Stock without the prior express written consent of the Required Purchasersholders of at least a majority of the Preferred Shares.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Integrated Biopharma Inc), Securities Purchase Agreement (I2 Telecom International Inc)
Restriction on Redemption and Cash Dividends. So long as any Preferred Shares at least the Required Warrants are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, the Common Stock without the prior express written consent of the Required Purchasersholders of Warrants representing not less than a majority of the aggregate principal amount of the then outstanding Warrants.
Appears in 1 contract
Samples: Securities Purchase Agreement (Flagship Global Health, Inc.)
Restriction on Redemption and Cash Dividends. So long as any Until all of the Preferred Shares are outstandinghave been converted or redeemed as provided herein, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, the its Common Stock without the prior express written consent of the Required PurchasersHolders of not less than two-thirds (2/3) of the then outstanding Preferred Shares.
Appears in 1 contract
Samples: Securities Purchase Agreement (E-Net Financial Com Corp)
Restriction on Redemption and Cash Dividends. So long as any Preferred Shares or AIR are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, the Common Stock without the prior express written consent of the Required Purchasersholders of at least a majority of the Preferred Shares.
Appears in 1 contract
Samples: Securities Purchase Agreement (I2 Telecom International Inc)
Restriction on Redemption and Cash Dividends. So long as any 30% of the Preferred Shares are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, the Common Stock without the prior express written consent of the Required Purchasersholders of at least a majority of the Preferred Shares.
Appears in 1 contract
Samples: Securities Purchase Agreement (Artemis International Solutions Corp)
Restriction on Redemption and Cash Dividends. So long as any Preferred Shares are outstandingheld by the Investor, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, the Common Stock without the prior express written consent of the Required PurchasersInvestor.
Appears in 1 contract
Samples: Strategic Alliance Share Purchase Agreement (I/Omagic Corp)
Restriction on Redemption and Cash Dividends. So long as any Notes or Preferred Shares Stock are outstanding, the Company shall not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, the Common Stock without the prior express written consent of the Required PurchasersHolders (as defined in the Notes and in the Certificate of Designations).
Appears in 1 contract
