Common use of No Prohibition on Dividends by Subsidiaries Clause in Contracts

No Prohibition on Dividends by Subsidiaries. Except as described in the Prospectus, no subsidiary of the Company is prohibited, directly or indirectly, from paying any dividends or making any other distributions on such subsidiary’s capital stock, from repaying any debt owed to the Company or any of its other subsidiaries, or from transferring any of its property or assets to the Company or any of its other subsidiaries.

Appears in 10 contracts

Samples: Equity Distribution Agreement (Astronics Corp), Equity Distribution Agreement (Archrock, Inc.), Equity Distribution Agreement (Digimarc CORP)

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No Prohibition on Dividends by Subsidiaries. Except as described in the Prospectus, no subsidiary Subsidiary of the Company is prohibited, directly or indirectly, from paying any dividends or making any other distributions on such subsidiarySubsidiary’s capital stock, from repaying any debt owed to the Company or any of its other subsidiariesSubsidiaries, or from transferring any of its property or assets to the Company or any of its other subsidiaries, other than any restrictions that would not have a Material Adverse Effect.

Appears in 7 contracts

Samples: Equity Distribution Agreement (Colonial Realty Limited Partnership), Equity Distribution Agreement (Colonial Realty Limited Partnership), Equity Distribution Agreement (Colonial Realty Limited Partnership)

No Prohibition on Dividends by Subsidiaries. Except as described in the Registration Statement and the Prospectus, no subsidiary none of the Company is Operating Partnership or the Company’s subsidiaries are currently prohibited, directly or indirectly, from paying any dividends or making any other distributions on such subsidiary’s capital stock, from repaying any debt owed to the Company or any of its other subsidiaries, or from transferring any of its property or assets to the Company or any of its other subsidiaries.

Appears in 4 contracts

Samples: Equity Distribution Agreement (Chambers Street Properties), Equity Distribution Agreement (Chambers Street Properties), Equity Distribution Agreement (Chambers Street Properties)

No Prohibition on Dividends by Subsidiaries. Except as described in the Prospectus, no subsidiary Subsidiary of the Company is prohibited, directly or indirectly, from paying any dividends or making any other distributions on such subsidiary’s Subsidiary's capital stock, from repaying any debt owed to the Company or any of its other subsidiariesSubsidiaries, or from transferring any of its property or assets to the Company or any of its other subsidiaries, other than any restrictions that would not have a Material Adverse Effect.

Appears in 2 contracts

Samples: Equity Distribution Agreement (Colonial Realty Limited Partnership), Equity Distribution Agreement (Colonial Realty Limited Partnership)

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No Prohibition on Dividends by Subsidiaries. Except as described in the General Disclosure Package and the Final Prospectus, no subsidiary of the Company is prohibited, directly or indirectly, from paying any dividends or making any other distributions on such subsidiary’s capital stock, from repaying any debt owed to the Company or any of its other subsidiaries, or from transferring any of its property or assets to the Company or any of its other subsidiaries.

Appears in 1 contract

Samples: Underwriting Agreement (Helix Energy Solutions Group Inc)

No Prohibition on Dividends by Subsidiaries. Except as described in the ProspectusProspectus and except as required under applicable law or the terms of the Existing Credit Agreement or the Falcon Facility, no subsidiary of the Company is prohibited, directly or indirectly, from paying any dividends or making any other distributions on such subsidiary’s capital stock, from repaying any debt owed to the Company or any of its other subsidiaries, or from transferring any of its property or assets to the Company or any of its other subsidiaries.

Appears in 1 contract

Samples: Equity Distribution Agreement (Westrock Coffee Co)

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