Common use of No Restriction on Dividends Clause in Contracts

No Restriction on Dividends. No subsidiary of the Company is currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, 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 properties or assets to the Company or any other subsidiary of the Company, except pursuant to the terms and conditions of the Credit Agreement and the Vidéotron Indentures.

Appears in 1 contract

Samples: Purchase Agreement (Videotron Us Inc.)

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No Restriction on Dividends. No subsidiary of the Company is currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, 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 properties or assets to the Company or any other subsidiary of the Company, except pursuant to the terms and conditions of the Videotron Credit Agreement Agreement, the Vidéotron Indentures and the Vidéotron IndenturesTVA Credit Agreements.

Appears in 1 contract

Samples: Purchase Agreement (Quebecor Media Inc)

No Restriction on Dividends. No subsidiary of the Company is currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, 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 properties or assets to the Company or any other subsidiary of the Company, except pursuant to the terms and conditions of the Credit Agreement and the Vidéotron Indentures.

Appears in 1 contract

Samples: Share Purchase Agreement (Midway Gold Corp)

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No Restriction on Dividends. No subsidiary of the Company is currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, 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 properties or assets to the Company or any other subsidiary of the Company, except pursuant to the terms and conditions of the Credit Agreement and the Vidéotron IndenturesCF Cable Indenture.

Appears in 1 contract

Samples: Videotron 1998 Ltee

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