Common use of Restrictions on Subsidiaries Clause in Contracts

Restrictions on Subsidiaries. Except as provided in the Karlsson Agreements, no Subsidiary of the Company is currently 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, from making any other distribution on such Subsidiary's capital stock, from repaying to the Company any loans or advances to such Subsidiary from the Company or from transferring any of such Subsidiary's properties or assets to the Company or any other Subsidiary of the Company.

Restrictions on Subsidiaries. Except as provided disclosed in the Karlsson AgreementsTime of Sale Information and the Offering Memorandum, no Subsidiary of the Company is currently 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, from making any other distribution on such Subsidiary's ’s capital stock, from repaying to the Company any loans or advances to such Subsidiary from the Company or from transferring any of such Subsidiary's ’s properties or assets to the Company or any other Subsidiary of the Company.

Restrictions on Subsidiaries. Except as provided in the Karlsson Agreements, no Subsidiary No subsidiary of the Company is currently 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, from making any other distribution on such Subsidiary's subsidiary’s capital stock, from repaying to the Company any loans or advances to such Subsidiary subsidiary from the Company or from transferring any of such Subsidiary's subsidiary’s properties or assets to the Company or any other Subsidiary subsidiary of the Company.

Restrictions on Subsidiaries. Except as provided disclosed in the Karlsson AgreementsTime of Sale Information and the Offering Memorandum, no Subsidiary subsidiary of the Company is currently 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, from making any other distribution on such Subsidiary's subsidiary’s capital stock, from repaying to the Company any loans or advances to such Subsidiary subsidiary from the Company or from transferring any of such Subsidiary's subsidiary’s properties or assets to the Company or any other Subsidiary subsidiary of the Company.

Restrictions on Subsidiaries. Except as provided in the Karlsson Agreements, no Subsidiary of the Company is currently 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, from making any other distribution on such Subsidiary's ’s capital stock, from repaying to the Company any loans or advances to such Subsidiary from the Company or from transferring any of such Subsidiary's ’s properties or assets to the Company or any other Subsidiary of the Company.

Restrictions on Subsidiaries. Except as provided in the Karlsson Agreements, no (a) No Company Subsidiary of the Company is currently 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, from making any other distribution on such Subsidiary's capital stock, from repaying to the Company any loans or advances to such Subsidiary from the Company or from transferring any of such Subsidiary's properties or assets to the Company or any other Subsidiary of the Company.