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

No Prohibition on Dividends by Subsidiaries. No subsidiary of the Company is currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, from paying any dividends to the Company, from making any other distribution on such subsidiary’s capital stock, from repaying to the Company any loans or advances to such subsidiary from the Company or from transferring any of such subsidiary’s properties or assets to the Company or any other subsidiary of the Company.

Appears in 6 contracts

Samples: Equity Distribution Agreement (Regency Centers Corp), Equity Distribution Agreement (Regency Centers Corp), Equity Distribution Agreement (Regency Centers Corp)

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No Prohibition on Dividends by Subsidiaries. No subsidiary of the Company is currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, from paying any dividends to the Company, from or making any other distribution distributions on such subsidiary’s capital stock, from repaying any debt owed to the Company or any loans or advances to such subsidiary from the Company of its other subsidiaries, or from transferring any of such subsidiary’s properties its property or assets to the Company or any of its other subsidiary of the Companysubsidiaries.

Appears in 1 contract

Samples: Underwriting Agreement (Eksportfinans Asa)

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