Restriction on Redemption and Cash Dividends. Except as set forth on Schedule 4(r), 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 Holders.
Appears in 6 contracts
Samples: Securities Purchase Agreement (U-Vend, Inc.), Securities Purchase Agreement (U-Vend, Inc.), Securities Purchase Agreement (Fuse Science, Inc.)
Restriction on Redemption and Cash Dividends. Except as set forth on Schedule 4(r), so 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 HoldersBuyers, in each case other than in connection with the Designated Transaction set forth in Schedule 4(t).
Appears in 2 contracts
Samples: Securities Purchase Agreement (Scilex Holding Co), Securities Purchase Agreement (Oramed Pharmaceuticals Inc.)
Restriction on Redemption and Cash Dividends. Except as set forth on Schedule 4(r), so 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 as described on Schedule 4(r) attached hereto) without the prior express written consent of the Required Holders.
Appears in 1 contract
Samples: Securities Purchase Agreement (Sundial Growers Inc.)
Restriction on Redemption and Cash Dividends. Except as set forth on Schedule 4(r), so So long as any Notes are Warrants remain outstanding, except for such redemptions as described on Schedule 4(t) attached hereto, 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 HoldersBuyers, which consent shall not be unreasonably withheld.
Appears in 1 contract
Samples: Securities Purchase Agreement (China Information Technology, Inc.)
Restriction on Redemption and Cash Dividends. Except as set forth on Schedule 4(r), so 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 Required HoldersCreditor, other than New Investor Securities, the Placement Agent Securities and as described on Schedule 4(s) attached hereto or in compliance with the applicable provisions of the Note and the Warrants.
Appears in 1 contract
Samples: Securities Restructuring Agreement (Sundial Growers Inc.)
Restriction on Redemption and Cash Dividends. Except as set forth on Schedule 4(r)4® attached hereto, 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 HoldersBuyers.
Appears in 1 contract
Samples: Securities Purchase Agreement (Ocean Biomedical, Inc.)
