Common use of Absence of Restrictions on Dividends by Subsidiaries Clause in Contracts

Absence of Restrictions on Dividends by Subsidiaries. No Subsidiary of the Company is currently prohibited, directly or indirectly, from paying any dividends to the Company, from making any other distributions on such Subsidiary’s capital stock, from repaying to the Company any loans or advances to such Subsidiary or from transferring any of such Subsidiary’s property or assets to the Company or any other Subsidiary of the Company, except as disclosed in the Prospectus.

Appears in 4 contracts

Samples: Purchase Agreement (Republic Airways Holdings Inc), Purchase Agreement (Republic Airways Holdings Inc), Purchase Agreement (Republic Airways Holdings Inc)

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Absence of Restrictions on Dividends by Subsidiaries. No Subsidiary of the Company is currently prohibited, directly or indirectly, from paying any dividends to the Company, from making any other distributions on such Subsidiary’s capital stock, from repaying to the Company any loans or advances to such Subsidiary or from transferring any of such Subsidiary’s property or assets to the Company or any other Subsidiary of the Company, except as disclosed in the ProspectusProspectus or General Disclosure Package.

Appears in 2 contracts

Samples: Purchase Agreement (Us Airways Inc), Purchase Agreement (Eastshore Aviation, LLC)

Absence of Restrictions on Dividends by Subsidiaries. No Subsidiary subsidiary of the Company is currently prohibited, directly or indirectly, from paying any dividends to the Company, from making any other distributions on such Subsidiary’s subsidiary's capital stock, from repaying to the Company any loans or advances to such Subsidiary subsidiary or from transferring any of such Subsidiary’s subsidiary's property or assets to the Company or any other Subsidiary subsidiary of the Company, except as disclosed in the Prospectus.

Appears in 1 contract

Samples: Purchase Agreement (Republic Airways Holdings Inc)

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Absence of Restrictions on Dividends by Subsidiaries. No Subsidiary of the Company is currently prohibited, directly or indirectly, from paying any dividends to the Company, from making any other distributions on such Subsidiary’s 's capital stock, from repaying to the Company any loans or advances to such Subsidiary or from transferring any of such Subsidiary’s 's property or assets to the Company or any other Subsidiary of the Company, except as disclosed in the Prospectus.

Appears in 1 contract

Samples: Purchase Agreement (Us Airways Group Inc)

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