Common use of Share capital and distribution Clause in Contracts

Share capital and distribution. purchase or otherwise acquire for value any shares of its capital or declare or pay any dividends or distribute any of its present or future assets, undertakings, rights or revenues to any of its shareholders, save that the Borrower shall be permitted to declare or pay dividends provided that no Event of Default or Dividend Restriction Event has occurred and is continuing unremedied or unwaived or would occur as a result;

Share capital and distribution. purchase or otherwise acquire for value any shares of its their capital or declare or pay any dividends or distribute any of its their present or future assets, undertakings, rights or revenues to any of its shareholders, save their shareholders Provided however that the each Borrower shall be permitted entitled to declare or pay cash dividends provided that to the Shareholder if no Event of Default or Dividend Restriction Event has occurred and is continuing unremedied at the time of declaration or unwaived payment of such dividends, nor would result from the declaration or would occur as a resultpayment of such dividends;

Share capital and distribution. purchase or otherwise acquire for value any shares of its their capital or declare or pay any dividends or distribute any of its their present or future assets, undertakings, rights or revenues to any of its shareholderstheir shareholders Provided always that following the Listing Date, save that the Borrower shall be permitted to Borrowers may declare or pay dividends provided that to their respective shareholders in respect of any financial year if no Event Default shall have occurred at the time of Default declaration or Dividend Restriction Event has occurred and is continuing unremedied or unwaived payment of such dividends or would occur as a resultresult thereof;

Share capital and distribution. (a) purchase or otherwise acquire for value any shares of its capital or declare or pay any dividends or distribute any of its present or future assets, undertakings, rights or revenues to any of its shareholders, save that the Borrower shall be permitted to ; or (b) declare or pay any dividends provided that no to any of its shareholders if an Event of Default or Dividend Restriction Event has occurred and or will or, in the opinion of the Bank, is continuing unremedied or unwaived or would likely to occur as a resultresult of, or following, the declaration or payment of dividends;

Share capital and distribution. purchase or otherwise acquire for value any shares of its their capital or declare or pay any dividends or distribute any of its their present or future assets, undertakings, rights or revenues to any of its shareholders, save their shareholders Provided however that the each Borrower shall be permitted to may declare or pay dividends provided that to the Corporate Guarantor, if no Event of Default or Dividend Restriction Event has occurred and is continuing unremedied at the time of declaration or unwaived payment of such dividends or would occur as a resultresult thereof;

Share capital and distribution. purchase or otherwise acquire for value any shares of its capital or declare or pay any dividends or distribute any of its present or future assets, undertakings, rights or revenues to any of its shareholdersshareholders provided however, save that notwithstanding the provisions of this clause 9.3.12 the Borrower shall be permitted have the right to declare or pay cash dividends provided that no unless an Event of Default or Dividend Restriction Event has occurred and is continuing unremedied or unwaived or would occur as a resultcontinuing;

Share capital and distribution. (a) purchase or otherwise acquire for value any shares of its capital or capital; or (b) declare or pay any dividends or distribute any of its present or future assets, undertakings, rights or revenues to any of its shareholders, save that the Borrower shall be permitted to declare or pay dividends provided that no if an Event of Default or Dividend Restriction Event has occurred and or will or, in the opinion of the Bank, is continuing unremedied or unwaived or would likely to occur as a resultresult of, or following, the declaration or payment of dividends;

Share capital and distribution. purchase or otherwise acquire for value any shares of its capital or declare or pay any dividends or distribute any of its present or future assets, undertakings, undertaking rights or revenues to any of its shareholders, save shareholders Provided however that the Borrower shall be permitted to Guarantor may declare or pay cash dividends provided that to its shareholders at any time if no Event of Default or Dividend Restriction Event has shall have occurred and is continuing unremedied at the time of declaration or unwaived payment of such dividends, or would occur as a resultresult of the declaration or payment of such dividends;

Share capital and distribution. purchase or otherwise acquire for value any shares of its their capital or declare or pay any dividends or distribute any of its their present or future assets, undertakings, rights or revenues to any of its shareholders, save their shareholders Provided always that the each Borrower shall be permitted to may declare or pay dividends provided that to its shareholders if no Event of Default or Dividend Restriction Event has shall have occurred and is be continuing unremedied or unwaived at the time of, or would occur as a resultresult from, the declaration or payment of such dividends;

Share capital and distribution. purchase or otherwise acquire for value any shares of its their capital or declare or pay any dividends or distribute any of its their present or future assets, undertakingsundertaking, rights or revenues to any of its shareholders, save their shareholders provided however that the each Borrower shall be permitted entitled to declare or pay cash dividends provided that to its shareholders, if no Event of Default or Dividend Restriction Event has occurred and is continuing unremedied at the time of declaration or unwaived payment of such dividends nor would result from the declaration or would occur as a resultpayment of such dividends;

Share capital and distribution. purchase or otherwise acquire for value any shares of its capital shares or declare or pay any dividends or distribute any of its present or future assets, undertakingsundertaking, rights or revenues to any of its shareholders, save Shareholder provided however that the Borrower shall be permitted entitled to declare or pay cash dividends provided that to its Shareholder if no Event of Default or Dividend Restriction Event has occurred and is continuing unremedied at the time of declaration or unwaived payment of such dividends nor would result from the declaration or would occur as a resultpayment of such dividends;

Share capital and distribution. purchase or otherwise acquire for value any shares of its capital or declare or pay any dividends or distribute any of its present or future assets, undertakingsundertaking, rights or revenues to any of its shareholders, save that if at the Borrower shall be permitted to declare or pay dividends provided that no time of any such action an Event of Default has occurred, or Dividend Restriction if an Event has occurred and is continuing unremedied or unwaived or of Default would occur as a result;result of the same; and

Share capital and distribution. purchase or otherwise acquire for value any shares of its capital or (where a Default has occurred or following the declaration of such dividend, in the Agent's opinion, a Default shall occur) declare or pay any dividends or distribute any of its present or future assets, undertakings, rights or revenues to any of its shareholders, save that the Borrower shall be permitted to declare or pay dividends provided that no Event of Default or Dividend Restriction Event has occurred and is continuing unremedied or unwaived or would occur as a result;

Share capital and distribution. purchase or otherwise acquire for value any shares of its their capital or declare or pay any dividends or distribute any of its their present or future assets, undertakingsundertaking, rights or revenues to any of its shareholders, save their shareholders provided however that the each Borrower shall be permitted entitled to declare or pay cash dividends provided that to its shareholder if no Event of Default or Dividend Restriction Event has occurred and is continuing unremedied at the time of declaration or unwaived payment of such dividends nor would result from the declaration or would occur as a resultpayment of such dividends;

Share capital and distribution. purchase or otherwise acquire for value any shares of its their capital or or, following the occurrence of a Default declare or pay any dividends or distribute any of its their present or future assets, undertakings, rights or revenues to any of its shareholders, save their shareholders Provided always that the Borrower shall be permitted Borrowers may, following prior notice to the Agent, declare or pay dividends provided that to their respective shareholders if no Event of Default or Dividend Restriction Event has occurred and is continuing unremedied or unwaived at the time of, or would occur as a resultresult from, the declaration or payment of such dividends and subject to giving prior written notice to the Agent;

Share capital and distribution. purchase or otherwise acquire for value any shares of its capital or declare or pay any dividends or distribute any of its present or future assets, undertakingsundertaking, rights or revenues to any of its shareholders, save shareholders provided however that the Borrower shall be permitted entitled to declare or pay cash dividends provided that to its shareholders if no Event of Default or Dividend Restriction Event has occurred and is continuing unremedied at the time of declaration or unwaived payment of such dividends nor would result from the declaration or would occur as a resultpayment of such dividends;

Share capital and distribution. purchase or otherwise acquire for value any shares of its capital or declare or pay any dividends or distribute any of its their present or future assets, undertakings, rights or revenues to any of its shareholders, save Shareholder Provided however that the each Borrower shall be permitted entitled to declare or pay cash dividends provided that to its Shareholder if no Event of Default or Dividend Restriction Event has occurred and is continuing unremedied at the time of declaration or unwaived payment of such dividends, nor would a Default result from the declaration or would occur as a result;payment of such dividends; or