Common use of No Restriction on Distributions Clause in Contracts

No Restriction on 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 Disclosure Package and the Final Offering Memorandum.

Appears in 3 contracts

Samples: Purchase Agreement (Spartan Stores Inc), Spartan Stores Inc, Purchase Agreement (Polymedica Corp)

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No Restriction on 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, 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 Pricing Disclosure Package and the Final Offering MemorandumPackage.

Appears in 2 contracts

Samples: Letter Agreement (Sandridge Energy Inc), Letter Agreement (Sandridge Energy Inc)

No Restriction on Distributions. No subsidiary 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 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 Subsidiary’s property or assets to the Company or any other subsidiary of the Company, except as described in or contemplated by the Disclosure Package and the Final Offering Private Placement Memorandum.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Sandridge Energy Inc), Securities Purchase Agreement (Sandridge Energy Inc)

No Restriction on Distributions. No subsidiary 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 Subsidiary’s capital stock, 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 subsidiary Subsidiary of the Company, except as described in or contemplated by the Disclosure Package and the Final Offering MemorandumDocument.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Sandridge Energy Inc), Stock Purchase Agreement (Sandridge Energy Inc)

No Restriction on 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, 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 Disclosure Package and the Final Offering Memorandum.

Appears in 1 contract

Samples: Purchase Agreement (Barnes Group Inc)

No Restriction on 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, 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 Disclosure Package and the Final Offering Memorandum.

Appears in 1 contract

Samples: Cal Dive International Inc

No Restriction on Distributions. No subsidiary of the Company is currently prohibitedprohibited under any agreement or instrument, directly or indirectly, from paying any dividends to the Company, from making any other distribution on such subsidiary's ’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 ’s property or assets to the Company or any other subsidiary of the Company, except as described in or contemplated by the Disclosure Package and the Final Offering Memorandum.

Appears in 1 contract

Samples: Purchase Agreement (CBIZ, Inc.)

No Restriction on Distributions. No subsidiary of the Company Subsidiary is currently contractually prohibited, directly or indirectly, from paying any dividends to the Company, from making any other distribution on such subsidiary's Subsidiary’s capital stock, 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 subsidiary Subsidiary of the Company, except as described in or contemplated by the Disclosure Package Preliminary Offering Memorandum and the Final Offering Memorandum.

Appears in 1 contract

Samples: Purchase Agreement (Quanta Services Inc)

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No Restriction on Distributions. No subsidiary Except as described in or contemplated by the Private Placement Memorandum, 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 Subsidiary’s capital stock, 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 subsidiary Subsidiary of the Company, except as described in or contemplated by the Disclosure Package and the Final Offering Memorandum.

Appears in 1 contract

Samples: Securities Purchase Agreement (Black Hills Corp /Sd/)

No Restriction on Distributions. No significant 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 Disclosure Package and the Final Offering Memorandum.

Appears in 1 contract

Samples: Purchase Agreement (Anthracite Capital Inc)

No Restriction on Distributions. No subsidiary of the Company is currently prohibitedprohibited under any agreement or instrument, 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 Disclosure Package and the Final Offering Memorandum.

Appears in 1 contract

Samples: CBIZ, Inc.

No Restriction on 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, 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 Disclosure Package and the Final Offering Memorandum.

Appears in 1 contract

Samples: Purchase Agreement (Barnes Group Inc)

No Restriction on Distributions. No subsidiary of the Company 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, from repaying to the Company any loans or advances to such subsidiary from the Company or from transferring any of such subsidiary's Subsidiary’s property or assets to the Company or any other subsidiary of the Company, except as described in or contemplated by the Disclosure Package and the Final Offering MemorandumSubsidiary.

Appears in 1 contract

Samples: Stock Purchase Agreement (Chaparral Energy, Inc.)

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