Common use of Dividend and Interest Payments Clause in Contracts

Dividend and Interest Payments. Except as disclosed in Schedule B, neither the Company nor any subsidiary of the Company is currently prohibited, directly or indirectly, under any order of any Regulatory Agency (other than orders applicable to bank or savings and loan holding companies and their subsidiaries generally), under any applicable law, or under any agreement or other instrument to which it is a party or is subject, from paying any dividends on any of its capital stock or interest on any of its debt securities (including the Securities in the case of the Company, and any dividends to the Company in the case of any subsidiary of the Company), from making any other distribution on the Company’s or such subsidiary’s capital stock, or in the case of any subsidiary, from repaying to the Company or any other subsidiary of the Company any loans or advances to such subsidiary or from transferring any of such subsidiary’s properties, assets or operations to the Company or any other subsidiary of the Company. As of the date of this Agreement and as further described in Schedule B, the Company has not paid (and/or has not sought and received any and all necessary regulatory or other approvals to pay), and for the foreseeable future after the date of this Agreement does not intend to pay (and/or does not intend to seek any and all necessary regulatory or other approvals to pay), each scheduled interest payment on the Securities.

Dividend and Interest Payments. Except as disclosed in Schedule BC, neither the Company nor any subsidiary of the Company is currently prohibited, directly or indirectly, under any order of any Regulatory Agency (other than orders applicable to bank or savings and loan holding companies and their subsidiaries generally), under any applicable law, or under any agreement or other instrument to which it is a party or is subject, from paying any dividends on any of its capital stock or interest on any of its debt securities (including the Securities in the case of the Company, and any dividends to the Company in the case of any subsidiary of the Company), from making any other distribution on the Company’s or such subsidiary’s 's capital stock, or in the case of any subsidiary, from repaying to the Company or any other subsidiary of the Company any loans or advances to such subsidiary or from transferring any of such subsidiary’s 's properties, assets or operations to the Company or any other subsidiary of the Company. As of the date of this Agreement and as further described in Schedule BC, the Company has not paid (and/or has not sought and received any and all necessary regulatory or other approvals to pay), and for the foreseeable future after the date of this Agreement does not intend to pay (and/or does not intend to seek any and all necessary regulatory or other approvals to pay), each scheduled interest payment on the Securities.

Dividend and Interest Payments. Except as disclosed in on Schedule BC, neither the Company nor any subsidiary of the Company is currently prohibited, directly or indirectly, under any order of any Regulatory Agency (other than orders applicable to bank or savings and loan holding companies and their subsidiaries generally), under any applicable law, or under any agreement or other instrument to which it is a party or is subject, from paying any dividends on any of its capital stock or interest on any of its debt securities (including the Securities in the case of the Company, and any dividends to the Company in the case of any subsidiary of the Company), from making any other distribution on the Company’s or such subsidiary’s 's capital stock, or in the case of any subsidiary, from repaying to the Company or any other subsidiary of the Company any loans or advances to such subsidiary or from transferring any of such subsidiary’s 's properties, assets or operations to the Company or any other subsidiary of the Company. As of the date of this Agreement and as further described in Schedule BC, the Company has not paid (and/or has not sought and received any and all necessary regulatory or other approvals to pay), and for the foreseeable future after the date of this Agreement does not intend to pay (and/or does not intend to seek any and all necessary regulatory or other approvals to pay), each scheduled interest payment on the Securities.

Dividend and Interest Payments. Except as disclosed in on Schedule BC, neither the Company nor any subsidiary of the Company is currently prohibited, directly or indirectly, under any order of any Regulatory Agency (other than orders applicable to bank or savings and loan holding companies and their subsidiaries generally), under any applicable law, or under any agreement or other instrument to which it is a party or is subject, from paying any dividends on any of its capital stock or interest on any of its debt securities (including the Securities in the case of the Company, and any dividends to the Company in the case of any subsidiary of the Company), from making any other distribution on the Company’s or such subsidiary’s 's capital stock, or in the case of any subsidiary, from repaying to the Company or any other subsidiary of the Company any loans or advances to such subsidiary or from transferring any of such subsidiary’s 's properties, assets or operations to the Company or any other subsidiary of the Company. As of the date of this Agreement and as further described in Schedule BC, the Company has not paid (and/or has not sought and received any and all necessary regulatory or other approvals to pay), and for the foreseeable future after the date of this Agreement does not intend to pay (and/or does not intend to seek any and all necessary regulatory or other approvals to pay), each scheduled interest payment on the Securities.