Common use of No Restriction on Dividends Clause in Contracts

No Restriction on Dividends. The Borrower shall procure that no Group Member will enter into, incur or permit to exist any agreement or other arrangement that prohibits, restricts or imposes any condition upon the ability of any Group Member to pay dividends or other distributions with respect to any of its equity interests save for this Agreement and any restrictions and conditions imposed by law.

Appears in 4 contracts

Samples: Facility Agreement (Zhongpin Inc.), Facility Agreement (Fushi Copperweld, Inc.), Facility Agreement (China TransInfo Technology Corp.)

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No Restriction on Dividends. The Borrower shall procure that no Group Member will enter enters into, incur incurs or permit permits to exist any agreement or other arrangement that prohibits, restricts or imposes any condition upon the ability of any Group Member to pay dividends or other distributions with respect to any of its equity interests save for this Agreement and any restrictions and conditions imposed by law.

Appears in 2 contracts

Samples: Facility Agreement (China Security & Surveillance Technology, Inc.), Facility Agreement (China Security & Surveillance Technology, Inc.)

No Restriction on Dividends. The Borrower Each Obligor shall procure that no Group Member will enter into, incur or permit to exist any agreement or other arrangement that prohibits, restricts or imposes any condition upon the ability of any Group Member to pay dividends or other distributions with respect to any of its equity interests save for this Agreement and any restrictions and conditions imposed by law.

Appears in 1 contract

Samples: Facilities Agreement (3SBio Inc.)

No Restriction on Dividends. The Borrower shall not, and it will procure that no other Group Member will will, enter into, incur or permit to exist any agreement or other arrangement that prohibits, restricts or imposes any condition upon the ability of any Group Member to pay dividends or other distributions with respect to any of its equity interests save for this Agreement and any restrictions and conditions imposed by law.

Appears in 1 contract

Samples: Facility Agreement (Guoren Industrial Developments LTD)

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No Restriction on Dividends. The Borrower Obligors shall procure that no Group Member will enter into, incur or permit to exist any agreement or other arrangement that prohibits, restricts or imposes any condition upon the ability of any Group Member to pay dividends or other distributions with respect to any of its equity interests Equity Interests save for this Agreement and any restrictions and conditions imposed by law.

Appears in 1 contract

Samples: Facility Agreement (China Nuokang Bio-Pharmaceutical Inc.)

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