Common use of No Restrictions on Subsidiary Dividends Clause in Contracts

No Restrictions on Subsidiary Dividends. 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 the Registration Statement, the Time of Sale Information and the Prospectus.

Appears in 4 contracts

Samples: Domtar CORP, Domtar CORP, Domtar CORP

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No Restrictions on Subsidiary Dividends. 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 under each of the Credit Facility and the Indenture and except as described in or contemplated in the Registration Statement, the Time of Sale Information Disclosure Package and the ProspectusFinal Memorandum (in each case, exclusive of any amendment or supplement thereto).

Appears in 1 contract

Samples: Resolute Energy Corp

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