No Restriction on Distributions. Except as disclosed in Section 3.35 of the Disclosure Schedule, no Subsidiary of the Company or the Parent is currently prohibited, directly or indirectly, from paying any dividends to the Company or the Parent, from making any other distribution on such Subsidiary’s capital stock, from repaying to the Company or the Parent any loans or advances to such Subsidiary from the Company or the Parent or from transferring any of such Subsidiary’s property or assets to the Company or the Parent or any other Subsidiary of the Company or the Parent.
Appears in 3 contracts
Samples: Master Investment Agreement (Terrestar Corp), Master Investment Agreement (Terrestar Corp), Purchase Agreement (Terrestar Corp)
No Restriction on Distributions. Except as disclosed in Section 3.35 of the Disclosure Schedule, no Subsidiary of the Company or the Parent is currently prohibited, directly or indirectly, from paying any dividends to the Company or the Parent, from making any other distribution on such Subsidiary’s 's capital stock, from repaying to the Company or the Parent any loans or advances to such Subsidiary from the Company or the Parent or from transferring any of such Subsidiary’s 's property or assets to the Company or the Parent or any other Subsidiary of the Company or the Parent.
Appears in 1 contract
Samples: Master Investment Agreement (Harbinger Capital Partners Master Fund I, Ltd.)
