Common use of Dividend Payment Clause in Contracts

Dividend Payment. Except as disclosed in the Registration Statement, the General Disclosure Package and the Prospectus, no Subsidiary or Operating Entity is currently prohibited, directly or indirectly, from paying any dividends to the Company, from making any other distribution on such Subsidiary or Operating Entity’s share capital or equity interest, or from repaying to the Company any loans or advances to such Subsidiary or Operating Entity from the Company.

Appears in 3 contracts

Sources: Underwriting Agreement (Bitauto Holdings LTD), Underwriting Agreement (Qihoo 360 Technology Co LTD), Underwriting Agreement (Bitauto Holdings LTD)