Common use of Distribution of Dividends Clause in Contracts

Distribution of Dividends. So long as any amount is or may be outstanding under this Venture Loan Agreement and ancillary documents, Issuer shall refrain from distributing any dividends or any other amounts eligible under French corporate law without the prior formal consent of Kreos in writing.

Appears in 3 contracts

Samples: Venture Loan Agreement (Biophytis SA), Venture Loan Agreement (Biophytis SA), Venture Loan Agreement (Biophytis SA)

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Distribution of Dividends. So long as any amount is or may be outstanding under this Venture Loan Subscription Agreement and ancillary documents, Issuer shall refrain from distributing any dividends or any other amounts eligible under French corporate law without the prior formal consent of Kreos in writing.

Appears in 1 contract

Samples: Subscription Agreement (Biophytis SA)

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