Subsidiary Rights. Except as set forth in SCHEDULE 3(Z), the Company or one of its Subsidiaries has the unrestricted right to vote, and (subject to limitations imposed by applicable law) to receive dividends and distributions on, all capital securities of its Subsidiaries as owned by the Company or such Subsidiary.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Inksure Technologies Inc.), Securities Purchase Agreement (Raptor Networks Technology Inc)
Subsidiary Rights. Except as set forth in SCHEDULE 3(Z3(z), the Company or one of its Subsidiaries has the unrestricted right to vote, and (subject to limitations imposed by applicable law) to receive dividends and distributions on, all capital securities of its Subsidiaries as owned by the Company or such Subsidiary.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Raptor Networks Technology Inc), Securities Purchase Agreement (Raptor Networks Technology Inc)
Subsidiary Rights. Except as set forth in SCHEDULE 3(Z3(z), the Company or one of its Subsidiaries has the unrestricted right to vote, and (subject to limitations imposed by applicable law) to receive dividends and distributions on, all capital securities stock of its Subsidiaries as owned by the Company or such Subsidiary.
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