Share capital and distribution purchase or otherwise acquire for value any shares of their capital or declare or pay any dividends or distribute any of their present or future assets, undertakings, rights or revenues to any of their shareholders;
Share capital and distribution purchase or otherwise acquire for value any shares of its capital or declare or pay any dividends or distribute any of its present or future assets, undertakings, rights or revenues to any of its shareholders, save that the Borrower shall be permitted to declare or pay dividends provided that no Event of Default or Dividend Restriction Event has occurred and is continuing unremedied or unwaived or would occur as a result;
Share capital and distribution without prejudice to clause 5.3, purchase or otherwise acquire for value any shares of its capital or distribute any of its present or future assets, undertakings, rights or revenues to any of its shareholders Provided however that the Guarantor may declare or pay cash dividends to its shareholders at any time if no Event of Default shall have occurred and is continuing at the time of declaration or payment of such dividends or would occur as a result of the declaration or payment of such dividends;
Share capital and distribution purchase or otherwise acquire for value any partnership interest, membership interest or shares of their capital, as the case may be, or declare or pay any dividends or distribute any of their present or future assets, undertakings, rights or revenues to any of their partners, members or shareholders, as the case may be, except the Borrower may re-purchase any of its partnership interest or make any distributions to its partners (which distributions may not in any case exceed USD0.44 per share per quarter) only (i) if there has not occurred any Event of Default and (ii) no Event of Default would occur as a result of such payment;
Share capital and distribution. We further refer to clause 5.2.5 of the Guarantee and hereby certify that:
Share capital and distribution purchase or otherwise acquire for value any shares of their capital or declare or pay any dividends or distribute any of their present or future assets, undertakings, rights or revenues to any of their shareholders provided always that each Borrower may declare or pay dividends to its shareholders if (i) no Default shall have occurred at the time of, or would result from, the declaration or payment of such dividends and subject to giving prior written notice to the Agent, (ii) such Borrower made a net profit in the preceding calendar year, (iii) the LTV Ratio does not exceed sixty per cent (60%) and (iv) the Minimum Cash Requirement is met;
Share capital and distribution purchase or otherwise acquire for value any shares of its capital or declare or pay any dividends or distribute any of its present or future assets, undertakings, rights or revenues to any of its shareholders of more than, in respect of any four consecutive financial quarters, 50% of the Free Cash Flow for any four consecutive financial quarters, which it may only do if (i) no Event of Default has occurred and is continuing or would result from such payment and (ii) the covenants in clause 8.1.16 are being complied with;
Share capital and distribution not purchase or otherwise acquire for value any shares of its capital or distribute any of its present or future assets, undertakings, rights or revenues to any of its shareholders;
Share capital and distribution purchase or otherwise acquire for value any shares of its capital or (where a Default has occurred or following the declaration of such dividend, in the Agent’s opinion, a Default shall occur) declare or pay any dividends or distribute any of its present or future assets, undertakings, rights or revenues to any of its shareholders;
