Common use of Transactions in Capital Stock Clause in Contracts

Transactions in Capital Stock. Except as set forth on Schedule 5.4, neither the COMPANY nor any of the COMPANY's Subsidiaries has acquired any COMPANY Stock since January 1, 1993. No option, warrant, call, conversion right or commitment of any kind exists which obligates the COMPANY or any of the COMPANY's Subsidiaries to issue any of their respective authorized but unissued capital stock. Except as set forth on Schedule 5.4, the COMPANY has no obligation (contingent or otherwise) to purchase, redeem or otherwise acquire any of its equity securities or any interests therein or to pay any dividend or make any distribution in respect thereof. Except as set forth on Schedule 5.4, there has been no transaction or action taken with respect to the equity ownership of the COMPANY, or any of the COMPANY's Subsidiaries, in contemplation of the transactions described in this Agreement.

Transactions in Capital Stock. Except as set forth on Schedule 5.4, neither the COMPANY nor has not acquired any COMPANY Stock (including any stock of any of the COMPANY's Subsidiaries has acquired any COMPANY Stock 'S Subsidiaries) since January 1, 19931992. No Except as set forth in Schedule 5.4, no option, warrant, call, conversion right or commitment of any kind exists which obligates the COMPANY or any of the COMPANY's Subsidiaries to issue any of their respective its authorized but unissued capital stock. Except as set forth on Schedule 5.4, the COMPANY has no obligation (contingent or otherwise) to purchase, redeem or otherwise acquire any of its equity securities or any interests therein or to pay any dividend or make any distribution in respect thereof. Except as set forth on Schedule 5.4, . there has been no transaction or action taken with respect to changing the equity ownership of the COMPANY, or any of the COMPANY's Subsidiaries, COMPANY in contemplation of the transactions described in this Agreement.