Common use of Dividend Restrictions Clause in Contracts

Dividend Restrictions. Except as otherwise disclosed in the Registration Statement, the General Disclosure Package or the Prospectus, no subsidiary of the Company is prohibited or restricted, directly or indirectly, from paying dividends to the Company, or from making any other distribution with respect to such subsidiary’s equity securities or from repaying to the Company or any other subsidiary of the Company any amounts that may from time to time become due under any loans or advances to such subsidiary from the Company or from transferring any property or assets to the Company or to any other subsidiary, except as may be prohibited or restricted by law.

Appears in 4 contracts

Samples: Underwriting Agreement (RCS Capital Corp), Underwriting Agreement (Schorsch Nicholas S), Underwriting Agreement (RCS Capital Corp)

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Dividend Restrictions. Except as otherwise disclosed in the Registration Statement, the General Disclosure Package or Statement and the Prospectus, no subsidiary of the Company is prohibited or restricted, directly or indirectly, from paying dividends to the Company, or from making any other distribution with respect to such subsidiary’s equity securities or from repaying to the Company or any other subsidiary of the Company any amounts that may from time to time become due under any loans or advances to such subsidiary from the Company or from transferring any property or assets to the Company or to any other subsidiary, except as may be prohibited or restricted by law.

Appears in 3 contracts

Samples: Sales Agreement (Mirati Therapeutics, Inc.), Sales Agreement (Mirati Therapeutics, Inc.), Recursion Pharmaceuticals, Inc.

Dividend Restrictions. Except as otherwise disclosed in the Registration Statement, the General Disclosure Package or the and Prospectus, no subsidiary of the Company is prohibited or restricted, directly or indirectly, from paying dividends to the Company, or from making any other distribution with respect to such subsidiary’s equity securities or from repaying to the Company or any other subsidiary of the Company any amounts that may from time to time become due under any loans or advances to such subsidiary from the Company or from transferring any property or assets to the Company or to any other subsidiary, except as may be prohibited or restricted by law.

Appears in 3 contracts

Samples: Securities Purchase Agreement (ImmunityBio, Inc.), Securities Purchase Agreement (ImmunityBio, Inc.), Securities Purchase Agreement (ImmunityBio, Inc.)

Dividend Restrictions. Except as otherwise disclosed in the Registration Statement, the General Disclosure Package or Statement and the Prospectus, no subsidiary of the Company is prohibited or restricted, directly or indirectly, from paying dividends to the Company, or from making any other distribution with respect to such subsidiary’s equity securities or from repaying to the Company or any other subsidiary of the Company any amounts that may from time to time become due under any loans or advances to such subsidiary from the Company or from transferring any property or assets to the Company or to any other subsidiary, except as may be prohibited or restricted by law.

Appears in 2 contracts

Samples: Sales Agreement (Alx Oncology Holdings Inc), SkyWater Technology, Inc

Dividend Restrictions. Except Other than as otherwise prohibited or restricted by law, and except as disclosed in the Registration Statement, the General Disclosure Package or Statement and the Prospectus, no subsidiary of the Company is prohibited or restricted, directly or indirectly, from paying dividends to the Company, or from making any other distribution with respect to such subsidiary’s equity securities or from repaying to the Company or any other subsidiary of the Company any amounts that may from time to time become due under any loans or advances to such subsidiary from the Company or from transferring any property or assets to the Company or to any other subsidiary, except as may be prohibited or restricted by law.

Appears in 2 contracts

Samples: Open Market Sale (Nabriva Therapeutics PLC), Nabriva Therapeutics PLC

Dividend Restrictions. Except as otherwise disclosed in the Registration Statement, the General Disclosure Package or Statement and the Prospectus, no subsidiary of the Company is prohibited or restrictedcurrently 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, or from making any other distribution with respect to on such subsidiary’s equity securities capital stock or similar ownership interest, from repaying to the Company or any other subsidiary of the Company any amounts that may from time to time become due under any loans or advances to such subsidiary from the Company or or, except as described in the Registration Statement and Prospectus, from transferring any property of such subsidiary’s properties or assets to the Company or to any other subsidiary, except as may be prohibited or restricted by lawsubsidiary of the Company.

Appears in 2 contracts

Samples: Equity Distribution Agreement (BridgeBio Pharma, Inc.), BridgeBio Pharma, Inc.

Dividend Restrictions. Except as otherwise disclosed in the Registration Statement, the General Disclosure Package Prospectus or the Prospectusexcept with respect to subsidiaries subject to customary project finance dividend restrictions and foreign subsidiaries, no subsidiary of the Company is prohibited or restricted, directly or indirectly, from paying dividends to the Company, or from making any other distribution with respect to such subsidiary’s equity securities or from repaying to the Company or any other subsidiary of the Company any amounts that may from time to time become due under any loans or advances to such subsidiary from the Company or any other subsidiary or from transferring any property or assets to the Company or to any other subsidiary, except as may be prohibited or restricted by law.

Appears in 1 contract

Samples: Open Market Sale (Fuelcell Energy Inc)

Dividend Restrictions. Except as otherwise disclosed in the Registration Statement, Prospectus and the General Disclosure Package or the ProspectusTime of Sale Information, no subsidiary of the Company is prohibited or restricted, directly or indirectly, from paying dividends to the Company, or from making any other distribution to the Company with respect to such subsidiary’s equity securities or from repaying to the Company or any other subsidiary of the Company any amounts that may from time to time become due under any loans or advances to such subsidiary from the Company or from transferring any property or assets to the Company or to any other subsidiaryCompany, except as may be prohibited in each case, for such restrictions or restricted by lawprohibitions imposed under applicable laws.

Appears in 1 contract

Samples: LogicBio Therapeutics, Inc.

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Dividend Restrictions. Except as otherwise disclosed in the Registration Statement, the General Disclosure Package or and the Prospectus, no subsidiary Subsidiary of the Company is prohibited or restricted, directly or indirectly, from paying dividends to the Company, or from making any other distribution with respect to such subsidiarySubsidiary’s equity securities or from repaying to the Company or any other subsidiary Subsidiary of the Company any amounts that may from time to time become due under any loans or advances to such subsidiary Subsidiary from the Company or from transferring any property or assets to the Company or to any other subsidiary, except as may be prohibited or restricted by lawSubsidiary.

Appears in 1 contract

Samples: Underwriting Agreement (Tilray Brands, Inc.)

Dividend Restrictions. Except as otherwise disclosed in the Registration Statement, the General Disclosure Package or and the Prospectus, no subsidiary of the Company is prohibited or restricted, directly or indirectly, from paying dividends to the Company, or from making any other distribution with respect to such subsidiary’s equity securities or from repaying to the Company or any other subsidiary of the Company any amounts that may from time to time become due under any loans or advances to such subsidiary from the Company or from transferring any property or assets to the Company or to any other subsidiary, except as may be prohibited or restricted by law.

Appears in 1 contract

Samples: Underwriting Agreement (Humacyte, Inc.)

Dividend Restrictions. Except (i) as otherwise disclosed in the Registration Statement, the General Disclosure Package and the Prospectuses or the Prospectus(ii) as may be restricted by applicable law, no subsidiary Subsidiary of the Company is prohibited or restricted, directly or indirectly, from paying dividends to the Company, or from making any other distribution with respect to such subsidiarySubsidiary’s equity securities or from repaying to the Company or any other subsidiary Subsidiary of the Company any amounts that may from time to time become due under any loans or advances to such subsidiary Subsidiary from the Company or from transferring any property or assets to the Company or to any other subsidiary, except as may be prohibited or restricted by lawSubsidiary.

Appears in 1 contract

Samples: Underwriting Agreement (Aeterna Zentaris Inc.)

Dividend Restrictions. Except as otherwise disclosed in the Registration Statement, the General Disclosure Package Statement or the Prospectus, no subsidiary of the Company is prohibited or restricted, directly or indirectly, from paying dividends to the Company, or from making any other distribution with respect to such subsidiary’s equity securities or from repaying to the Company or any other subsidiary of the Company any amounts that may from time to time become due under any loans or advances to such subsidiary from the Company or from transferring any property or assets to the Company or to any other subsidiary, except as may be prohibited or restricted by law.

Appears in 1 contract

Samples: Open Market Sale (aTYR PHARMA INC)

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