Dividend Restrictions definition

Dividend Restrictions as defined in Section 8.7.
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Dividend Restrictions as defined in Section 7.07.
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Dividend Restrictions means the restrictions on the ability of the Company to declare, order, pay or make dividends or other distributions, as set forth in paragraph 7D of the Purchase Agreement, whether or not the Purchase Agreement remains in effect.
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Examples of Dividend Restrictions in a sentence

  • At the discretion of the Employer, the leave period may be extended an additional thirty (30) working days.

  • Dividend Restrictions: In connection with the Bank's conversion from mutual to stock form in November 1995, a special liquidation account was established at the time of conversion, in accordance with the requirements of the Office of Thrift Supervision ("OTS"), which was equal to its capital as of June 30, 1995.

  • Except (a) as permitted in Section 6.2.4 (Purchase or Redemption of Securities; Dividend Restrictions) or Section 6.2.17 (Compensation), (b) for the reimbursement of reasonable payroll expenses incurred by DCAP Management Corp.

  • Except as permitted in Section 6.2.3 (Purchase or Redemption of Securities, Dividend Restrictions) or in Section 6.2.13 (Compensation), none of the Obligors nor any of their Subsidiaries will enter into or participate in any transaction with any Affiliate on terms which are not fair and reasonable and which are no less favorable than would be obtained in a comparable arms-length transaction with a Person who is not an Affiliate.

  • Limitation on Dividend Restrictions, etc.................................................41 SECTION 5.17.

  • Except (a) as permitted in Section 6.2.3 (Purchase or Redemption of Securities; Dividend Restrictions) or Section 6.2.16 (Compensation), (b) for the reimbursement of reasonable payroll expenses incurred by DCAP Management Corp.

  • Payment or Dividend Restrictions...............................................

  • No Undisclosed Dividend Restrictions..............................................................

  • Negative Pledge Agreements; Dividend Restrictions 56 Section 9.16.

  • Limitation on Dividend Restrictions Affecting Subsidiaries.................................82 10.14.


More Definitions of Dividend Restrictions

Dividend Restrictions means the restrictions on the ability of the Company to declare, order, pay or make dividends or other distributions, as set forth in paragraph 6B of the Note Agreement dated as of the Initial Date by and among the Company and the Purchasers, whether or not such Note Agreement remains in effect.
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