Restriction on Redemption and Cash Dividends. From the date hereof through the Release Date, 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 Subscribers.
Appears in 9 contracts
Samples: Subscription Agreement (Polarityte, Inc.), Registration Rights Agreement (Majesco Entertainment Co), Subscription Agreement (Wearable Health Solutions, Inc.)
Restriction on Redemption and Cash Dividends. From the date hereof through the Release Date, 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 SubscribersSubscribers holding a majority of the then outstanding Shares.
Appears in 4 contracts
Samples: Subscription Agreement (Function(x) Inc.), Subscription Agreement (Function(x) Inc.), Subscription Agreement (Mabvax Therapeutics Holdings, Inc.)
Restriction on Redemption and Cash Dividends. From the date hereof through Until the Release DateTime, 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 SubscribersBuyers.
Appears in 1 contract
Restriction on Redemption and Cash Dividends. From the date hereof through the Release Date, other than as provided in the Certificate of Designations, 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 SubscribersBuyers.
Appears in 1 contract
Samples: Securities Purchase Agreement (Genius Brands International, Inc.)
