NO DISTRIBUTIONS OR PAYMENTS Sample Clauses

NO DISTRIBUTIONS OR PAYMENTS. The Seller shall make no distributions to its shareholder with respect to her stock in the Seller of any kind or nature, except it may distribute the Excluded Assets.
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NO DISTRIBUTIONS OR PAYMENTS. 26 4.4 Access to Facilities, Files and Records.............................................................26 4.5
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NO DISTRIBUTIONS OR PAYMENTS. 27 4.4 ACCESS TO FACILITIES, FILES AND RECORDS................................................................27 4.5
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NO DISTRIBUTIONS OR PAYMENTS. The Company shall make no distributions to its Members with respect to membership interests in the Company of any kind or nature, except it shall distribute the Excluded Assets to its Members before the Closing.
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Related to NO DISTRIBUTIONS OR PAYMENTS

  • No Distributions Make any Distribution except Permitted Distributions.

  • No Unlawful Contributions or Other Payments Neither the Company nor any of its subsidiaries nor, to the best of the Company’s knowledge, any employee or agent of the Company or any subsidiary, has made any contribution or other payment to any official of, or candidate for, any federal, state or foreign office in violation of any law or of the character required to be disclosed in the Registration Statement, the Time of Sale Prospectus or the Prospectus.

  • No Distribution Except with respect to any Shares that may be offered and sold pursuant to the Registration Statement, Counterparty is not entering into the Transaction to facilitate a distribution of the Shares (or any security that may be converted into or exercised or exchanged for Shares, or whose value under its terms may in whole or in significant part be determined by the value of the Shares) or in connection with any future issuance of securities.

  • PAYMENT OF DIVIDENDS OR DISTRIBUTIONS 1. Whenever the Fund shall determine to pay a dividend or distribution on Shares it shall furnish to Custodian Instructions or a Certificate setting forth with respect to the Series specified therein the date of the declaration of such dividend or distribution, the total amount payable, and the payment date. 2. Upon the payment date specified in such Instructions or Certificate, Custodian shall pay out of the money held for the account of such Series the total amount payable to the dividend agent of the Fund specified therein.

  • Distributions of Distributable Cash Except as otherwise provided in Article VII hereof, Distributable Cash for each Fiscal Year may be distributed to the Holders at such times, if any, and in such amounts as shall be determined in the sole discretion of the Trustees. In exercising such discretion, the Trustees shall distribute such Distributable Cash so that Holders that are regulated investment companies can comply with the distribution requirements set forth in Code Section 852 and avoid the excise tax imposed by Code Section 4982.