Dividends; Changes in Stock. Buyer shall not, and shall not permit any of its subsidiaries to, (i) declare or pay any dividends on or make other distributions in respect of any of its capital stock, except for dividends by a direct or indirect wholly owned subsidiary of Buyer to its parent, (ii) split, combine or reclassify any of its capital stock or issue or authorize or propose the issuance of any other securities in respect of, in lieu of or in substitution for shares of its capital stock, or (iii) repurchase, redeem or otherwise acquire any shares of capital stock of Buyer or its subsidiaries or any other securities thereof.
Appears in 2 contracts
Sources: Merger Agreement (Tweeter Home Entertainment Group Inc), Merger Agreement (Sound Advice Inc)
Dividends; Changes in Stock. Buyer The Company shall not, and shall not permit any of its subsidiaries Subsidiaries to, (i) declare or pay any dividends on or make other distributions in respect of any of its capital stock, except for dividends by a direct or indirect wholly owned subsidiary of Buyer to its parent, (ii) split, combine or reclassify any of its capital stock or issue or authorize or propose the issuance of any other securities in respect of, in lieu of or in substitution for shares of its capital stock, stock or (iii) repurchase, redeem or otherwise acquire any shares of capital stock of Buyer the Company or any of its subsidiaries Subsidiaries or any other securities thereofthereof or any rights, warrants or options to acquire any such shares or other securities.
Appears in 2 contracts
Sources: Stock Purchase Agreement (Netwolves Corp), Stock Purchase Agreement (Norstan Inc)
Dividends; Changes in Stock. Buyer The Company shall not, and shall not permit any of its subsidiaries the Subsidiaries to, (i) declare or pay any dividends on or make other distributions in respect of any of its capital stock, except for dividends by a direct or indirect wholly owned subsidiary of Buyer the Company to its parent, (ii) split, combine or reclassify any of its capital stock or issue or authorize or propose the issuance of any other securities in respect of, in lieu of or in substitution for shares of its capital stock, or (iii) repurchase, redeem or otherwise acquire any shares of capital stock of Buyer the Company or its subsidiaries the Subsidiaries or any other securities thereof.
Appears in 2 contracts
Sources: Merger Agreement (Rgi Holdings Inc), Merger Agreement (Legend Properties Inc)
Dividends; Changes in Stock. Buyer The Company shall not, and shall not permit any of its subsidiaries Subsidiaries to, (i) declare or pay any dividends on or make other distributions in respect of any of its capital stock, except for dividends by a direct or indirect wholly owned subsidiary Wholly Owned Subsidiary of Buyer the Company to its parentparent entity, (ii) split, combine or reclassify any of its capital stock or issue or authorize or propose the issuance of any other securities in respect of, in lieu of or in substitution for shares of its capital stock, stock or (iii) repurchase, redeem or otherwise acquire any shares of capital stock of Buyer the Company or its subsidiaries Subsidiaries or any other securities thereofthereof or any rights, warrants or options to acquire any such shares or other securities.
Appears in 2 contracts
Sources: Merger Agreement (Delta Beverage Group Inc), Merger Agreement (Whitman Corp/New/)
Dividends; Changes in Stock. Buyer The Company shall not, and shall not permit any of its subsidiaries to, (i) declare or pay any dividends on or make other distributions in respect of any of its capital stock, except for dividends by a direct or indirect wholly owned subsidiary of Buyer the Company to its parent, (ii) split, combine or reclassify any of its capital stock or issue or authorize or propose the issuance of any other securities in respect of, in lieu of or in substitution for shares of its capital stock, or (iii) repurchase, redeem or otherwise acquire any shares of capital stock of Buyer the Company or its subsidiaries or any other securities thereof.
Appears in 2 contracts
Sources: Merger Agreement (Tweeter Home Entertainment Group Inc), Merger Agreement (Sound Advice Inc)
Dividends; Changes in Stock. Buyer The Company ---------------------------- shall not, and shall not permit any of its subsidiaries to, (i) declare or pay any dividends on or make other distributions in respect of any of its capital stock, except for dividends by a direct or indirect wholly owned subsidiary of Buyer the Company to its parent, (ii) split, combine or reclassify any of its capital stock or issue or authorize or propose the issuance of any other securities in respect of, in lieu of or in substitution for shares of its capital stock, stock or (iii) repurchase, redeem or otherwise acquire any shares of capital stock of Buyer the Company or its subsidiaries or any other securities thereofthereof except pursuant to contracts existing on the date of this Agreement.
Appears in 1 contract
Sources: Merger Agreement (International Business Machines Corp)
Dividends; Changes in Stock. Buyer The Company shall not, and shall not permit any of its subsidiaries to, (i) declare or pay any dividends on or make other distributions in respect of any of its capital stock, except for dividends by a direct or indirect wholly owned subsidiary of Buyer the Company to its parent, (ii) split, combine or reclassify any of its capital stock or issue or authorize or propose the issuance of any other securities in respect of, in lieu of or in substitution for shares of its capital stock, stock or (iii) repurchase, redeem or otherwise acquire any shares of capital stock of Buyer the Company or its subsidiaries or any other securities thereof.
Appears in 1 contract
Sources: Agreement and Plan of Merger (Tyco International LTD)
Dividends; Changes in Stock. Buyer The Company shall not, and shall not permit any of its subsidiaries to, (i) declare or pay any dividends on or make other distributions in respect of any of its capital stock, except for dividends by a direct or indirect wholly owned subsidiary of Buyer the Company to its parent, (ii) split, combine or reclassify any of its capital stock or issue or authorize or propose the issuance of any other securities in respect of, in lieu of or in substitution for shares of its capital stock, stock or (iii) repurchase, redeem or otherwise acquire any shares of capital stock of Buyer the Company or its subsidiaries or any other securities thereofthereof or any rights, warrants or options to acquire any such shares or other securities.
Appears in 1 contract
Sources: Merger Agreement (Colorado Gaming & Entertainment Co)