Common use of Subsidiary Dividends Clause in Contracts

Subsidiary Dividends. Borrower shall not permit its Subsidiaries to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any encumbrance or restriction on the ability of such Subsidiary to:

Appears in 3 contracts

Samples: Bridge Loan Agreement (Boldface Group, Inc.), Bridge Loan Agreement (Max Cash Media Inc), Bridge Loan Agreement (Cahaba Pharmaceuticals, Inc.)

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Subsidiary Dividends. Borrower shall not permit its Subsidiaries to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any encumbrance or restriction on the ability of any such Subsidiary to:

Appears in 1 contract

Samples: Bridge Loan Agreement (UFood Restaurant Group, Inc.)

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Subsidiary Dividends. Borrower shall not permit its Subsidiaries Subsidiary to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any encumbrance or restriction on the ability of such Subsidiary to:

Appears in 1 contract

Samples: Bridge Loan Agreement (Federal Sports & Entertainment, Inc.)

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