Common use of No Prohibition on Subsidiaries from Paying Dividends or Making Other Distributions Clause in Contracts

No Prohibition on Subsidiaries from Paying Dividends or Making Other Distributions. No subsidiary of the Company is currently prohibited, directly or indirectly, 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 property or assets to the Company or any other subsidiary of the Company, except as described in or contemplated by the Prospectus.

Appears in 32 contracts

Samples: Underwriting Agreement (Oplink Communications Inc), Underwriting Agreement (Semitool Inc), Underwriting Agreement (Quicklogic Corporation)

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No Prohibition on Subsidiaries from Paying Dividends or Making Other Distributions. No subsidiary of the Company is currently prohibited, directly or indirectly, from paying any dividends to the Company, from making any other distribution on such subsidiary's ’s capital stockstock or other equity interests, from repaying to the Company any loans or advances to such subsidiary from the Company or from transferring any of such subsidiary's ’s property or assets to the Company or any other subsidiary of the Company, except as described in or contemplated by the ProspectusSubsidiary.

Appears in 23 contracts

Samples: Underwriting Agreement (Arbor Realty Trust Inc), Management Agreement (Arbor Realty Trust Inc), Underwriting Agreement (Arbor Realty Trust Inc)

No Prohibition on Subsidiaries from Paying Dividends or Making Other Distributions. No subsidiary of the Company Company, if any, is currently prohibited, directly or indirectly, 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 property or assets to the Company or any other subsidiary of the Company, except as described in or contemplated by the Prospectus.

Appears in 2 contracts

Samples: Underwriting Agreement (Keynote Systems Inc), Underwriting Agreement (Keynote Systems Inc)

No Prohibition on Subsidiaries from Paying Dividends or Making Other Distributions. No The Company represents and warrants that no subsidiary of the Company is currently prohibited, directly or indirectly, 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 property or assets to the Company or any other subsidiary of the Company, except as expressly described in or expressly contemplated by the Prospectus.

Appears in 1 contract

Samples: Underwriting Agreement (Insilicon Corp)

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No Prohibition on Subsidiaries from Paying Dividends or Making Other Distributions. No subsidiary of the Company is currently prohibited, directly or indirectly, 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 property or assets to the Company or any other subsidiary of the Company, except as described disclosed in or contemplated by the ProspectusExchange Act Reports.

Appears in 1 contract

Samples: Form of Purchase Agreement (Delta Financial Corp)

No Prohibition on Subsidiaries from Paying Dividends or Making Other Distributions. No subsidiary of the Company is currently prohibited, directly or indirectly, 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 subsidiaries' property or assets to the Company or any other subsidiary of the Company, except for any such prohibitions as described in or contemplated by the Prospectuswould not have a Material Adverse Effect.

Appears in 1 contract

Samples: Underwriting Agreement (Opus360 Corp)

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