Subsidiary Rights. The Borrower has the unrestricted right to vote, and (subject to limitations imposed by applicable law) to receive dividends and distributions on, all capital and other equity securities of the Subsidiaries as owned by the Borrower.
Appears in 2 contracts
Samples: Note Purchase Agreement (Blue Earth, Inc.), Note and Warrant Purchase Agreement (Blue Earth, Inc.)
Subsidiary Rights. The Borrower Except as set forth on Schedule 7.6, each Company has the unrestricted right to vote, and (subject to limitations imposed by applicable law) to receive dividends and distributions on, all capital and other equity securities of the its Subsidiaries as owned by the BorrowerParent or such Subsidiary.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Qsgi Inc.), Securities Purchase Agreement (Qsgi Inc.)
Subsidiary Rights. The Except as set forth on Schedule 7.6, each Borrower has the unrestricted right to vote, and (subject to limitations imposed by applicable law) to receive dividends and distributions on, all capital and other equity securities of the its Subsidiaries as owned by the BorrowerPrincipal Borrower or such Subsidiary.
Appears in 2 contracts
Samples: Financing Agreement (Unigene Laboratories Inc), Financing Agreement (Unigene Laboratories Inc)
Subsidiary Rights. The Except as set forth on Schedule 7.6, each Borrower has the unrestricted right to vote, and (subject to limitations imposed by applicable law) to receive dividends and distributions on, all capital and other equity securities of the its Subsidiaries as owned by the BorrowerParent or such Subsidiary.
Appears in 1 contract
Samples: Financing Agreement (Jamba, Inc.)
