Common use of Restrictions on Dividends Clause in Contracts

Restrictions on Dividends. Except as disclosed in the Registration Statement, the Disclosure Package and the Prospectus, no subsidiary of the Company is prohibited or restricted, directly or indirectly, from paying dividends to the Company or any other subsidiary of 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 of the Company or from transferring any property or assets to the Company or to any other subsidiary of the Company.

Appears in 6 contracts

Samples: Equity Distribution Agreement (Emergent BioSolutions Inc.), Terms Agreement (Arcus Biosciences, Inc.), Terms Agreement (Amicus Therapeutics, Inc.)

AutoNDA by SimpleDocs

Restrictions on Dividends. Except as disclosed in the Registration Statement, the Disclosure Package and the Prospectus, no subsidiary of the Company is prohibited or restricted, directly or indirectly, from paying dividends to the Company or any other subsidiary of 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 of the Company or from transferring any property or assets to the Company or to any other subsidiary of the Company.. (gg)

Appears in 1 contract

Samples: Original Agreement (Fibrogen Inc)

AutoNDA by SimpleDocs

Restrictions on Dividends. Except as disclosed in the Registration Statement, the Disclosure Package Statement and the Prospectus, no subsidiary of the Company is currently prohibited or restricted, directly or indirectly, from paying dividends to the Company or any other subsidiary of 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 of the Company or from transferring any property or assets to the Company or to any other subsidiary of the Company.

Appears in 1 contract

Samples: Sales Agreement (Lyell Immunopharma, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.