Common use of Subsidiary Dividends Clause in Contracts

Subsidiary Dividends. The Company shall not, and shall not permit any Subsidiary to, enter into any agreement that would restrict the ability of any Subsidiary to pay dividends.

Subsidiary Dividends. The Company shall not, not and shall not permit any Subsidiary to, to enter into any agreement agreement, instrument or other document that would restrict prohibits or restricts in any way the ability payment of dividends or other distributions on or with respect to the capital stock of any Subsidiary if the effect thereof is (or could reasonably be expected) to pay dividendsreduce the amount of cash payments to be made (or permitted to be made), directly or indirectly, to the Company.