Common use of Distributions and Repurchases Clause in Contracts

Distributions and Repurchases. No distribution, payment or dividend of any kind has been declared or paid by the Corporation on any of its capital stock at any time. No repurchase of any of the capital stock of the Corporation has been approved or effected by the Corporation at any time.

Appears in 3 contracts

Sources: Stock Purchase Agreement (Boundless Motor Sports Racing Inc), Asset Purchase Agreement (Boundless Motor Sports Racing Inc), Stock Purchase Agreement (Boundless Motor Sports Racing Inc)

Distributions and Repurchases. No distribution, payment or dividend of any kind has been declared or paid by the Corporation Company on any of its capital stock at any time. No repurchase of any of the capital stock of the Corporation Company has been approved or effected by the Corporation Company at any time.

Appears in 1 contract

Sources: Merger Agreement (Mobility Electronics Inc)

Distributions and Repurchases. No distribution, payment or dividend of any kind has been declared or paid by the Corporation Company on any of its capital stock at any time. No time and no repurchase of any of the capital stock of the Corporation Company has been approved or effected by the Corporation Company at any time.

Appears in 1 contract

Sources: Stock Purchase Agreement (United Medicorp Inc)