Common use of Dividends and Buybacks Clause in Contracts

Dividends and Buybacks. 5. Through September 30, 2021, neither the Recipient nor any Affiliate shall, in any transaction, purchase an equity security of the Recipient or of any direct or indirect parent company of the Recipient that, in either case, is listed on a national securities exchange.

Appears in 15 contracts

Samples: Payroll Support (Frontier Group Holdings, Inc.), Payroll Support Program Agreement (Air Transport Services Group, Inc.), Payroll Support Program Agreement (Skywest Inc)

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Dividends and Buybacks. 5. Through September 30March 31, 20212022, neither the Recipient nor any Affiliate shall, in any transaction, purchase an equity security of the Recipient or of any direct or indirect parent company of the Recipient that, in either case, is listed on a national securities exchange.

Appears in 4 contracts

Samples: Extension Agreement (Harbor Diversified, Inc.), Extension Agreement (Frontier Group Holdings, Inc.), Extension Agreement (Southwest Airlines Co)

Dividends and Buybacks. 54. Through September 30March 31, 2021, 2022 neither the Recipient nor any Affiliate shall, in any transaction, purchase an equity security of the Recipient or of any direct or indirect parent company of the Recipient that, in either case, is listed on a national securities exchange. Through March 31, 2022, the Recipient shall not pay dividends, or make any other capital distributions, with respect to the common stock (or equivalent equity interest) of the Recipient.

Appears in 1 contract

Samples: Extension Agreement (Air Transport Services Group, Inc.)

Dividends and Buybacks. 5. Through September 30, 2021, neither the Recipient nor any Affiliate Affiliate: shall, in any transaction, purchase an equity security of the Recipient or of any direct or indirect parent company of the Recipient that, in either case, is listed on a national securities exchange.

Appears in 1 contract

Samples: Payroll Support Program Agreement (Sun Country Airlines Holdings, Inc.)

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Dividends and Buybacks. 5. Through September 30March 31, 2021, 2022 neither the Recipient nor any Affiliate shall, in any transaction, purchase an equity security of the Recipient or of any direct or indirect parent company of the Recipient that, in either case, is listed on a national securities exchange.

Appears in 1 contract

Samples: Extension Agreement (Sun Country Airlines Holdings, Inc.)

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