DIVIDENDS, STOCK PAYMENTS. If a corporation, declare or pay any dividend (other than dividends payable in common stock of Borrower) or make any other distribution on any of its capital stock now outstanding or hereafter issued or purchase, redeem or retire any of such stock.
DIVIDENDS, STOCK PAYMENTS. Declare or pay any dividend (other than dividends payable in common stock of Borrower) or make any other distribution on any of its capital stock now outstanding or hereafter issued, or purchase, redeem or retire any of such stock, other than redemptions of stock of departed employees.
DIVIDENDS, STOCK PAYMENTS. If a corporation, declare or pay any dividend (other than dividends payable in common stock of Borrower) or make any other distribution on any of its capital stock now outstanding or hereafter issued or purchase, or redeem or retire any of such stock.
DIVIDENDS, STOCK PAYMENTS. Declare or pay any dividend (other than dividends payable in common stock of Borrower, or that amount necessary for company related income tax payments) or make any other distribution of any of its capital stock now outstanding or hereafter issued or purchase, redeem or retire any such stock. Nothing in this agreement shall be deemed to prohibit Borrower from establishing any employee stock benefit plans.
DIVIDENDS, STOCK PAYMENTS. If a corporation, declare or pay any dividend (other than dividends payable in common stock of Borrower) or make any other distribution on any of its capital stock now outstanding or hereafter issued or purchase, redeem or retire any of such stock except for stock repurchases pursuant to Borrower's 1993 Stock Option Plan.
DIVIDENDS, STOCK PAYMENTS. Declare or pay any dividend (other than dividends payable in common stock of Borrower) or make any other distribution on any of its capital stock now outstanding or hereafter issued, or purchase, redeem or retire any of such stock, except for the stock repurchase as of this date in conjunction with the recapitalization and cash dividends and distributions as permitted within the parameters of the fixed charge coverage ratio.
DIVIDENDS, STOCK PAYMENTS. Declare or pay any dividend (other than dividends payable in common stock of Borrower)or make any other distribution on any of its capital stock now outstanding or hereafter issued or purchase, redeem or retire any of such stock.
DIVIDENDS, STOCK PAYMENTS. If a corporation, declare or pay any dividend (other than dividends payable in common stock of Borrower) or make any other distribution on any of its Capital stock now outstanding or hereafter issued or purchase, redeem or retire any of such stock unless distribution shall not affect Borrower's compliance with the financial covenants set forth in Section 8 of the Commitment Letter.
DIVIDENDS, STOCK PAYMENTS. Declare or pay any dividend (other than dividends payable in common stock of Borrower) or make any other distribution on any of its capital stock now outstanding or hereafter issued, or purchase, redeem or retire any of such stock. EXHIBIT A PAGE 3
DIVIDENDS, STOCK PAYMENTS. If a corporation, declare or pay any dividend (other than dividends payable in common stock of Borrower) or make any other distribution on any of its capital stock now outstanding or hereafter issued or purchase, redeem or retire any of such stock; except, however, 100% of net after tax earnings for such dividend period excluding the retirement or redemption of the approximately 700,000 shares of Common Stock of Borrower being repurchased and Borrower may pay cash dividends to its shareholders so long as no default shall have occurred hereunder and remained uncured.
