Common use of No Capital Changes Clause in Contracts

No Capital Changes. Company will not recapitalize through a subdivision of its outstanding shares into a greater number of shares, or a combination of its outstanding shares into a lesser number of shares, or reorganize, reclassify or otherwise change its outstanding shares into the same or a different number of shares or other classes, or declare a dividend on its outstanding shares payable in shares of its capital stock or securities convertible into shares of its capital stock.

No Capital Changes. The Company will not recapitalize through a subdivision of its outstanding shares into a greater number of shares, or a combination of its outstanding shares into a lesser number of shares, or reorganize, reclassify or otherwise change its outstanding shares into the same or a different number of shares or other classes, or declare a dividend on its outstanding shares payable in shares of its capital stock or securities convertible into shares of its capital stock.