Common use of Dividends, Distributions, Repurchases Clause in Contracts

Dividends, Distributions, Repurchases. (1) Make, declare, pay or set aside for payment any dividend on or in respect of, or declare or make any distribution on any shares of its stock, other than dividends from its wholly owned Subsidiaries to it or another of its wholly owned Subsidiaries or (2) directly or indirectly adjust, split, combine, redeem or reclassify, or purchase or otherwise acquire any shares of its stock.

Appears in 2 contracts

Sources: Merger Agreement (Convergys Corp), Merger Agreement (Intervoice Inc)

Dividends, Distributions, Repurchases. (1) Make, declare, pay or set aside for payment any dividend on or in respect of, or declare or make any distribution on any shares of its stockoutstanding Equity Securities; provided, other than dividends from its wholly owned Subsidiaries however, that notwithstanding the foregoing, the Acquired Companies may make distributions to it or another Seller in the ordinary course of its wholly owned Subsidiaries or business consistent with past practice; or (2) directly Directly or indirectly indirectly, adjust, split, combine, redeem or redeem, reclassify, or purchase repurchase or otherwise acquire any shares Equity Securities of its stocksuch Acquired Company.

Appears in 2 contracts

Sources: Equity Purchase Agreement (Hospitality Properties Trust), Equity Purchase Agreement (Spirit MTA REIT)

Dividends, Distributions, Repurchases. (1) Make, declare, pay or set aside for payment any dividend on or in respect of, or declare or make any distribution on on, any shares of its capital stock, other than dividends from its wholly owned Subsidiaries to it or another of its wholly owned Subsidiaries or (2) directly or indirectly adjust, split, combine, redeem or reclassify, or purchase or otherwise acquire acquire, any shares of its capital stock.

Appears in 2 contracts

Sources: Merger Agreement (Intelligroup Inc), Merger Agreement (Intelligroup Inc)

Dividends, Distributions, Repurchases. (1) Make, declare, pay or set aside for payment any dividend on or in respect of, or declare or make any distribution on any shares of its stock, other than (A) dividends from its wholly owned Subsidiaries to it or another of its wholly owned Subsidiaries and (B) regular quarterly dividends on its common stock in amounts Previously Disclosed or (2) directly or indirectly adjust, split, combine, redeem or redeem, reclassify, or purchase or otherwise acquire acquire, any shares of its stock.

Appears in 1 contract

Sources: Merger Agreement (1st Source Corp)

Dividends, Distributions, Repurchases. (1) Make, declare, pay or set aside for payment any dividend or dividend equivalent on or in respect of, or declare or make any distribution on any shares of its stockstock or on Rights, other than dividends from its wholly owned Subsidiaries to it or another of its wholly owned Subsidiaries or Subsidiaries, (2) directly or indirectly adjust, split, combine, redeem or reclassify, or purchase effect any reorganization or recapitalization of, any shares of its stock or (3) purchase, redeem or otherwise acquire any shares of its stockstock or any Rights.

Appears in 1 contract

Sources: Merger Agreement (Armor Holdings Inc)

Dividends, Distributions, Repurchases. (1) Make, declare, pay or set aside for payment any dividend on or in respect of, or declare or make any distribution on any shares of its stock, other than dividends from its wholly owned Subsidiaries to it or another of its wholly owned Subsidiaries or (2) directly or indirectly adjust, split, combine, redeem or redeem, reclassify, or purchase or otherwise acquire acquire, any shares of its stock.

Appears in 1 contract

Sources: Merger Agreement (Umb Financial Corp)

Dividends, Distributions, Repurchases. (1) Make, declare, pay or set aside for payment any dividend on or in respect of, or declare or make any distribution on any shares of its capital stock, other than dividends from its wholly owned Subsidiaries to it or another of its wholly owned Subsidiaries or (2) directly or indirectly adjust, split, combine, redeem or redeem, reclassify, or purchase or otherwise acquire acquire, any shares of its stock.

Appears in 1 contract

Sources: Merger Agreement (Citizens Community Bancorp Inc.)

Dividends, Distributions, Repurchases. (1) Make, authorize, declare, pay or set aside for payment any dividend on or in respect of, or declare or make any distribution on on, any shares of its or its Subsidiaries’ capital stock (whether payable in cash, stock, property or otherwise), other than dividends from its wholly owned Subsidiaries to it or another of its wholly owned Subsidiaries or (2) directly or indirectly adjust, split, combine, subdivide, redeem or reclassifyreclassify or otherwise amend the terms of, or purchase or otherwise acquire acquire, any shares of its capital stock.

Appears in 1 contract

Sources: Merger Agreement (Rewards Network Inc)