Common use of No Restrictions on Subsidiaries Clause in Contracts

No Restrictions on Subsidiaries. Other than as limited by federal and state banking laws and regulations applicable to depository institutions and except in each case as otherwise disclosed in the Registration Statement, the Pricing Disclosure Package and the Prospectus, 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.

Appears in 4 contracts

Samples: Underwriting Agreement (Cambridge Bancorp), Underwriting Agreement (Sb Financial Group, Inc.), Underwriting Agreement (BCB Bancorp Inc)

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No Restrictions on Subsidiaries. Other than as limited by federal and state banking laws and regulations applicable to depository institutions and except Except in each case as otherwise disclosed in the Registration Statement, the Pricing Disclosure Package and the Prospectus, or pursuant to laws, regulations and orders of general applicability to banks and their holding companies and subsidiaries, 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.

Appears in 3 contracts

Samples: Underwriting Agreement (Veritex Holdings, Inc.), Underwriting Agreement (Independent Bank Group, Inc.), Underwriting Agreement (Veritex Holdings, Inc.)

No Restrictions on Subsidiaries. Other than Except (i) as limited by federal and state banking laws and regulations applicable to depository institutions and except in each case as otherwise disclosed in the Registration Statement, the Pricing Disclosure Package and the Prospectus, (ii) pursuant to the terms of the Credit Agreement, or (iii) as required by applicable law, no Subsidiary 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 Subsidiarysubsidiary’s capital stockstock or similar ownership interest, from repaying to the Company any loans or advances to such Subsidiary subsidiary from the Company or from transferring any of such Subsidiarysubsidiary’s properties or assets to the Company or any other Subsidiary subsidiary of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Columbus McKinnon Corp), Underwriting Agreement (Columbus McKinnon Corp)

No Restrictions on Subsidiaries. Other than Except as limited by federal and state banking laws and regulations applicable to depository institutions and except in each case as otherwise disclosed in the Registration Statement, the Pricing Disclosure Package and the Prospectus, and except with respect to subsidiaries subject to customary project finance dividend restrictions and foreign subsidiaries, no Subsidiary 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 Subsidiarysubsidiary’s capital stockstock or similar ownership interest, from repaying to the Company any loans or advances to such Subsidiary subsidiary from the Company or from transferring any of such Subsidiarysubsidiary’s properties or assets to the Company or any other Subsidiary subsidiary of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Fuelcell Energy Inc), Underwriting Agreement (Fuelcell Energy Inc)

No Restrictions on Subsidiaries. Other than as limited by federal and state banking laws and regulations applicable to depository institutions and except in each case as otherwise disclosed in the Registration Statement, the Pricing Disclosure Package and or the Prospectus, 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.

Appears in 1 contract

Samples: Underwriting Agreement (NBT Bancorp Inc)

No Restrictions on Subsidiaries. Other than Except as limited by federal and state banking laws and regulations applicable to depository institutions and except in each case as otherwise disclosed described in the Registration Statement, the Pricing Disclosure Package and the Prospectus, and other than restrictions relating to distributable reserves and similar concepts contained in the articles of association or similar charter documents, no Subsidiary 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 Subsidiarysubsidiary’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 Subsidiarysubsidiary’s properties or assets to the Company or any other Subsidiary subsidiary of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (Candela Medical, Inc.)

No Restrictions on Subsidiaries. Other than as limited by federal and state banking laws and regulations applicable to depository institutions and corporations and except in each case as otherwise disclosed in the Registration Statement, the Pricing Disclosure Package and the Prospectus, 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.

Appears in 1 contract

Samples: Underwriting Agreement (First Mid Illinois Bancshares Inc)

No Restrictions on Subsidiaries. Other than as limited by federal and state banking laws and regulations applicable to depository institutions and except described in each case as otherwise disclosed in of the Registration Statement, the Pricing Disclosure Package and the Prospectus, and except for, with respect to making dividend payments and other distributions to the Company only, the Covered VIEs, 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.

Appears in 1 contract

Samples: International Underwriting Agreement (Trip.com Group LTD)

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No Restrictions on Subsidiaries. Other than as limited by federal and state banking laws and regulations applicable to depository institutions and corporations and except in each case as otherwise disclosed in the Registration Statement, the Pricing Disclosure Package and the Prospectus, no Subsidiary 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 Subsidiarysubsidiary’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 Subsidiarysubsidiary’s properties or assets to the Company or any other Subsidiary subsidiary of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (Select Bancorp, Inc.)

No Restrictions on Subsidiaries. Other than Except as limited described in or contemplated by federal and state banking laws and regulations applicable to depository institutions and except in each case as otherwise disclosed in the Registration Statement, the Pricing Disclosure Package Time of Sale Information and the ProspectusProspectus and except as prohibited by local law in circumstances that would not, individually or in the aggregate, result in a Material Adverse Effect, 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 stockstock or other equity interests, as applicable, from repaying to the Company any loans or advances to such Subsidiary from the Company Company, or from transferring any of such Subsidiary’s properties property or assets to the Company or any other Subsidiary of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (Timken Co)

No Restrictions on Subsidiaries. Other than as limited by federal and state banking laws and regulations applicable to depository institutions and except Except in each case as otherwise disclosed in the Registration Statement, the Pricing Disclosure Package and the Prospectus, or pursuant to laws, regulations and orders of general applicability to banks and their holding companies and subsidiaries, 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 of the Company from the Company or from transferring any of such Subsidiary’s properties or assets to the Company or any other Subsidiary of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (Independent Bank Group, Inc.)

No Restrictions on Subsidiaries. Other than as limited by federal and state banking laws and regulations applicable to depository institutions and except in each case Except as otherwise disclosed in the Registration Statement, the Pricing Disclosure Package and or the Prospectus, and except as limited by applicable law or regulation, no Significant 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 Significant 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 Significant Subsidiary’s properties or assets to the Company or any other Subsidiary subsidiary of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (Bank of the Ozarks Inc)

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