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 is currently prohibited, directly or indirectly, from paying any dividends to the Company, from making any other distribution on such subsidiary’s capital stock 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 property or assets to the Company or any other subsidiary.

Appears in 11 contracts

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

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No Prohibition on Subsidiaries from Paying Dividends or Making Other Distributions. No subsidiary Subsidiary is currently prohibited, directly or indirectly, from paying any dividends to the Company, from making any other distribution on such subsidiarySubsidiary’s capital stock or other equity interests, from repaying to the Company any loans or advances to such subsidiary Subsidiary from the Company or from transferring any of such subsidiarySubsidiary’s property or assets to the Company or any other subsidiarySubsidiary.

Appears in 10 contracts

Samples: Underwriting Agreement (Western Asset Mortgage Capital Corp), Underwriting Agreement (Western Asset Mortgage Capital Corp), Underwriting Agreement (Western Asset Mortgage Capital Corp)

No Prohibition on Subsidiaries from Paying Dividends or Making Other Distributions. No subsidiary Except as disclosed in the Registration Statement, no Subsidiary is currently prohibited, directly or indirectly, from paying any dividends to the Company, from making any other distribution on such subsidiarySubsidiary’s capital stock or other equity interests, from repaying to the Company any loans or advances to such subsidiary Subsidiary from the Company or from transferring any of such subsidiarySubsidiary’s property or assets to the Company or any other subsidiarySubsidiary.

Appears in 3 contracts

Samples: First Potomac Realty Trust, First Potomac Realty Trust, First Potomac Realty Trust

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 or other equity interestsstock, 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 subsidiarysubsidiary of the Company, to the extent required to permit the Company to make distributions to its stockholders to preserve its REIT status.

Appears in 3 contracts

Samples: Underwriting Agreement (Novastar Financial Inc), Underwriting Agreement (Novastar Financial Inc), Underwriting Agreement (Novastar Financial Inc)

No Prohibition on Subsidiaries from Paying Dividends or Making Other Distributions. No subsidiary is currently prohibited, directly or indirectly, from paying any dividends to the Company, from making any other distribution on such subsidiary’s capital stock 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 property or assets to the Company or any other subsidiary, except as described in the Registration Statement and the Prospectus or such as would not reasonably be expected to result in a Material Adverse Effect.

Appears in 2 contracts

Samples: Equity Distribution Agreement (Arbor Realty Trust Inc), Equity Distribution Agreement (Arbor Realty Trust Inc)

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 or other equity interestsstock, 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 subsidiarysubsidiary of the Company, except as described in or contemplated by the Prospectus.

Appears in 2 contracts

Samples: Underwriting Agreement (Nuvelo Inc), Underwriting Agreement (United Pan Am 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 or other equity interestsstock, 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 subsidiarysubsidiary of the Company, except as disclosed in or contemplated by the Private Placement Memorandum.

Appears in 2 contracts

Samples: Purchase Agreement (Delta Financial Corp), 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 or other equity interestsstock, 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 subsidiarysubsidiary of the Company, except as described in or contemplated by the Prospectus or as provided in the Debt Facilities (as defined in the Prospectus).

Appears in 2 contracts

Samples: Underwriting Agreement (American Capital Strategies LTD), Underwriting Agreement (American Capital Strategies LTD)

No Prohibition on Subsidiaries from Paying Dividends or Making Other Distributions. No Other than as disclosed in the Prospectus, no subsidiary is currently prohibited, directly or indirectly, from paying any dividends to the Company, from making any other distribution on such subsidiary’s capital stock 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 property or assets to the Company or any other subsidiarySubsidiary.

Appears in 2 contracts

Samples: Management Agreement (Gramercy Capital Corp), Management Agreement (Gramercy Capital 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 or other equity interestsstock, 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 subsidiarysubsidiary of the Company, except as described in or contemplated by the Pricing Disclosure Package and the Prospectus.

Appears in 2 contracts

Samples: Underwriting Agreement (Insmed Inc), Underwriting Agreement (Corautus Genetics Inc)

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 stock or other equity interestsstock, 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 subsidiarysubsidiary of the Company, except as described in or contemplated by the Prospectus, except as would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Underwriting Agreement (Convergent Group Corp)

No Prohibition on Subsidiaries from Paying Dividends or Making Other Distributions. No subsidiary is currently prohibited, directly or indirectly, from paying any dividends to the Company, from making any other distribution on such subsidiary’s 's capital stock 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 subsidiarySubsidiary.

Appears in 1 contract

Samples: Management Agreement (Gramercy Capital Corp)

No Prohibition on Subsidiaries from Paying Dividends or Making Other Distributions. No Except as disclosed in each Circular, no subsidiary of the Company is currently prohibitedprohibited or restricted, directly or indirectly, from paying any dividends to the Company, from making any other distribution on such subsidiary’s 's capital stock or other equity interestsstock, 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 subsidiarysubsidiary of the Company.

Appears in 1 contract

Samples: Purchase Agreement (E Trade Group Inc)

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 stock or other equity interestsstock, 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 subsidiarysubsidiary of the Company, except as described in or contemplated by the Prospectus, and except for contracts and license agreements that can not be assigned without the consent of other parties thereto.

Appears in 1 contract

Samples: Insmed Inc

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No Prohibition on Subsidiaries from Paying Dividends or Making Other Distributions. No Other than as disclosed in the SEC Documents, no subsidiary is currently prohibited, directly or indirectly, from paying any dividends to the Company, from making any other distribution on such subsidiary’s capital stock 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 property or assets to the Company or any other subsidiary.

Appears in 1 contract

Samples: Subscription Agreement (Gramercy Capital 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 's capital stock or other equity interestsstock, 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 Company, except as described in or any other subsidiarycontemplated by the Prospectus.

Appears in 1 contract

Samples: Underwriting Agreement (Chordiant Software Inc)

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 stock or other equity interestsstock, 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 Prospectus or subject to the requirements of the laws of such subsidiary's jurisdiction of incorporation or organization.

Appears in 1 contract

Samples: Underwriting Agreement (Synplicity Inc)

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

Appears in 1 contract

Samples: First Potomac Realty Trust

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 or other equity interestsinterest, 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 subsidiarysubsidiary of the Company, except as described in or contemplated by the Prospectus.

Appears in 1 contract

Samples: Underwriting Agreement (Redwood Trust Inc)

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 stock or other equity interestsstock, 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.subsidiary of the Company, except as described in or contemplated by the Prospectus. (p)

Appears in 1 contract

Samples: Underwriting Agreement (Emulex Corp /De/)

No Prohibition on Subsidiaries from Paying Dividends or Making Other Distributions. No Subject to limitations under applicable law, 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 stock or other equity interestsstock, 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 subsidiarysubsidiary of the Company, except as described in or contemplated by the Prospectus.

Appears in 1 contract

Samples: Avanir Pharmaceuticals

No Prohibition on Subsidiaries from Paying Dividends or Making Other Distributions. No Except as disclosed in the prospectus, 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 stock, membership interests, partnership interests 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 property or assets to the Company or any other subsidiarysubsidiary of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (JMP Group Inc.)

No Prohibition on Subsidiaries from Paying Dividends or Making Other Distributions. No subsidiary Subsidiary is currently prohibited, directly or indirectly, from paying any dividends to the Company, from making any other distribution on such subsidiary’s Subsidiary's capital stock or other equity interests, from repaying to the Company any loans or advances to such subsidiary Subsidiary from the Company or from transferring any of such subsidiary’s Subsidiary's property or assets to the Company or any other subsidiarySubsidiary.

Appears in 1 contract

Samples: Underwriting Agreement (Western Asset Mortgage Capital Corp)

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