Distributions to Shareholders. Declare or pay any dividends or otherwise declare or make any distribution to Borrower’s shareholders (including any purchase or redemption of stock) if a Default or Event of Default exists or would occur as a result of the dividend or distribution.
Appears in 5 contracts
Samples: Warehousing Credit and Security Agreement (MortgageIT Holdings, Inc.), Warehousing Credit and Security Agreement (MortgageIT Holdings, Inc.), Warehousing Credit and Security Agreement (Mortgageit Holdings Inc)
Distributions to Shareholders. Declare For any fiscal year, declare or pay any dividends or otherwise declare or make any distribution to Borrower’s 's shareholders (including any purchase or redemption of stock) if a Default or Event of Default exists or would occur as a result of the dividend or distribution.
Appears in 3 contracts
Samples: Warehousing Credit and Security Agreement (E Loan Inc), Warehousing Credit and Security Agreement (Matrix Bancorp Inc), Gmac Residential Funding (American Business Financial Services Inc /De/)
Distributions to Shareholders. Declare or pay any dividends or otherwise declare or make any distribution to Borrower’s Borrowers' shareholders (including any purchase or redemption of stock) if a Default or Event of Default exists or would occur as a result of the dividend or distribution.dividend
Appears in 2 contracts
Samples: American Home Mortgage Investment Corp, American Home Mortgage Investment Corp
Distributions to Shareholders. Declare or pay any dividends or otherwise declare or make any distribution to Borrower’s Borrowers’ shareholders (including any purchase or redemption of stock) if a Default or Event of Default exists or would occur as a result of the dividend or distribution.
Appears in 1 contract
