No Distributions definition

No Distributions. Crossvue has not made nor has any intention of making any distribution or payment to any shareholder with respect to the any Crossvue security. Liabilities: Crossvue has no material direct or indirect indebtedness, liability, claim, loss, damage, deficiency, obligation or responsibility, fixed or unfixed, c▇▇▇▇▇ or inchoate, liquidated or unliquidated, secured or unsecured, accrued, absolute, contingent or otherwise ("Liabilities"), whether ----------- or not of a kind required by generally accepted accounting principles, to be set forth on a financial statement, other than (i) Liabilities fully and adequately reflected or reserved against on the Crossvue Balance Sheet, (ii) Liabilities incurred since the Balance Sheet Date in the ordinary course of the business of Crossvue, or (iii) Liabilities otherwise disclosed in this Agreement, including the exhibits and the Crossvue Disclosure Schedule.
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No Distributions. Neither Nettaxi nor its subsidiaries has made nor has any intention of making any distribution or payment to any of its shareholders in respect of Nettaxi stock.
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No Distributions. RAE Systems has not made nor has any intention of making any distribution or payment to any of its shareholders in respect of RAE Systems stock.
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Examples of No Distributions in a sentence

  • NOTWITHSTANDING ANYTHING HEREIN TO THE CONTRARY, NO DISTRIBUTIONS SHALL BE MADE TO MEMBERS IF PROHIBITED BY THE ACT.

  • Requirements of Section 8.11 of the Agreement: NO DISTRIBUTIONS WILL BE DECLARED OR PAID TO FIRST NLC'S MEMBERS (INCLUDING ANY PURCHASE OR REDEMPTION OF MEMBERSHIP INTERESTS) IF, EITHER BEFORE OR AFTER GIVING EFFECT THERETO, AN EVENT OF DEFAULT WILL HAVE OCCURRED AND BE CONTINUING.

  • NOTWITHSTANDING ANYTHING TO THE CONTRARY HEREIN, NO DISTRIBUTIONS SHALL BE PAYABLE TO ANY EIP PARTICIPANT WITH RESPECT TO ANY UNVESTED PROFITS INTERESTS ALLOCATED TO SUCH PARTICIPANT.

  • ON THE NOTIONAL PRINCIPAL BALANCE OF THIS CERTIFICATE IS DISTRIBUTABLE MONTHLY AS SET FORTH HEREIN; HOWEVER, THIS CERTIFICATE HAS NO PRINCIPAL BALANCE AND, ACCORDINGLY, NO DISTRIBUTIONS OF PRINCIPAL SHALL BE MADE IN RESPECT OF THIS CERTIFICATE.


More Definitions of No Distributions

No Distributions. PNI has not made nor has any intention of making any distribution or payment to any Shareholder with respect to the PNI Stock.
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