Common use of Dividend Restrictions Clause in Contracts

Dividend Restrictions. Except as may be restricted by Applicable Law, no Material Subsidiary is prohibited or restricted, directly or indirectly, from paying dividends to the Company, or from making any other distribution with respect to such Material Subsidiaries’ equity securities or from repaying to the Company or any other Material Subsidiaries any amounts that may from time to time become due under any loans or advances to such Material Subsidiaries from the Company or from transferring any property or assets to the Company or to any other Material Subsidiaries.

Appears in 21 contracts

Samples: Underwriting Agreement (Vox Royalty Corp.), Underwriting Agreement (Draganfly Inc.), Underwriting Agreement (Draganfly Inc.)

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Dividend Restrictions. Except as may be restricted by Applicable Law, no Material Subsidiary is prohibited or restricted, directly or indirectly, from paying dividends to the Company, or from making any other distribution with respect to such Material Subsidiaries' equity securities or from repaying to the Company or any other Material Subsidiaries any amounts that may from time to time become due under any loans or advances to such Material Subsidiaries from the Company or from transferring any property or assets to the Company or to any other Material Subsidiaries.

Appears in 7 contracts

Samples: Underwriting Agreement (GREAT PANTHER MINING LTD), Underwriting Agreement (Taseko Mines LTD), Underwriting Agreement (Northern Dynasty Minerals LTD)

Dividend Restrictions. Except as may be restricted by Applicable Lawapplicable law, no Material Subsidiary of the Company is prohibited or restricted, directly or indirectly, from paying dividends to the Company, or from making any other distribution with respect to such Material Subsidiaries’ equity securities or from repaying to the Company or any other Material Subsidiaries of the Company any amounts that may from time to time become due under any loans or advances to such Material Subsidiaries from the Company or from transferring any property or assets to the Company or to any other Material Subsidiaries.

Appears in 2 contracts

Samples: Underwriting Agreement (Neptune Technologies & Bioressources Inc.), Underwriting Agreement (Neptune Technologies & Bioressources Inc.)

Dividend Restrictions. Except as may be restricted by the Senior Secured Credit Facility, the APG Loan or Applicable Law, no Material Subsidiary is prohibited or restricted, directly or indirectly, from paying dividends to the Company, or from making any other distribution with respect to such Material Subsidiaries’ equity securities or from repaying to the Company or any other Material Subsidiaries any amounts that may from time to time become due under any loans or advances to such Material Subsidiaries from the Company or from transferring any property or assets to the Company or to any other Material Subsidiaries.

Appears in 2 contracts

Samples: Equity Distribution Agreement (Denison Mines Corp.), Equity Distribution Agreement (Denison Mines Corp.)

Dividend Restrictions. Except as may be restricted by Applicable Law, no the Material Subsidiary is not prohibited or restricted, directly or indirectly, from paying dividends to the Company, or from making any other distribution with respect to such the Material Subsidiaries’ Subsidiary’s equity securities or from repaying to the Company or any other Material Subsidiaries any amounts that may from time to time become due under any loans or advances to such the Material Subsidiaries Subsidiary from the Company or from transferring any property or assets to the Company or to any other Material SubsidiariesCompany.

Appears in 1 contract

Samples: Underwriting Agreement (Western Copper & Gold Corp)

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Dividend Restrictions. Except as may be restricted by Applicable Law, no Material Subsidiary is prohibited or restricted, directly or indirectly, from paying dividends to the Company, or from making any other distribution with respect to such Material Subsidiaries’ equity securities or from repaying to the Company or any other Material Subsidiaries any amounts that may from time to time become due under any loans or advances to such Material Subsidiaries from the Company or from transferring any property or assets to the Company or to any other Material Subsidiaries.. (eee)

Appears in 1 contract

Samples: Underwriting Agreement (Alexco Resource Corp)

Dividend Restrictions. Except as may be restricted by Applicable Law, no Material Subsidiary is prohibited or restricted, directly or indirectly, from paying dividends to the CompanyCorporation, or from making any other distribution with respect to such Material Subsidiaries’ equity securities or from repaying to the Company Corporation or any other Material Subsidiaries any amounts that may from time to time become due under any loans or advances to such Material Subsidiaries from the Company Corporation or from transferring any property or assets to the Company Corporation or to any other Material Subsidiaries.

Appears in 1 contract

Samples: Underwriting Agreement (Denison Mines Corp.)

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