Payment of Dividends. Borrower will not declare or pay any dividends, other than a dividend payable in its own common stock, or authorize or make any other distribution with respect to any of its stock now or hereafter outstanding.
Appears in 19 contracts
Samples: Loan Agreement (Printrak International Inc), Logo] Loan Agreement (Gasonics International Corp), Loan Agreement (Biosource International Inc)
Payment of Dividends. Borrower will not declare or pay any dividends, other than a dividend dividends payable solely in its own common stock, or authorize or make any other distribution with respect to any of its stock now or hereafter outstanding.
Appears in 8 contracts
Samples: Loan Agreement (Hewitt Associates Inc), Loan Agreement (Simpson Manufacturing Co Inc /Ca/), Loan Agreement (Sparta Inc /De)
Payment of Dividends. Borrower will not declare or pay any dividends, other than a dividend payable in its own common stockStock, or authorize or make any other distribution with respect to any of its stock now or hereafter outstanding.
Appears in 2 contracts
Samples: Loan Agreement (Ilc Technology Inc), Loan Agreement (Ilc Technology Inc)
Payment of Dividends. Borrower will not declare or pay any dividends, dividends other than a dividend payable in its own common stock, or authorize or make any other distribution with respect to any of its stock now or hereafter outstandingoutstanding which exceeds in the aggregate for any fiscal year twenty-five percent (25%) of Borrower's net profit after taxes.
Appears in 1 contract
