Common use of Subsidiary Rights Clause in Contracts

Subsidiary Rights. Each Company Party 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 any Company Party or any Subsidiary of any Company Party.

Appears in 18 contracts

Samples: Securities Exchange Agreement (AgEagle Aerial Systems Inc.), Exchange Agreement (Digital Health Acquisition Corp.), Securities Purchase Agreement (Chromocell Therapeutics Corp)

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Subsidiary Rights. Each Company Party 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 any Company Party or any Subsidiary of any such Company Party.

Appears in 1 contract

Samples: Securities Purchase Agreement (Terra Tech Corp.)

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Subsidiary Rights. Each Company Party 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 any Company Party or any Subsidiary of any Company Party.. (oo) RESERVED

Appears in 1 contract

Samples: Securities Purchase Agreement (Unique Logistics International Inc)

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