Subsidiary Rights. Each Credit Party has the unrestricted right to vote, and (subject to limitations imposed by applicable law) to receive dividends and distributions on, all capital and other equity securities of its Subsidiaries as owned by any Credit Party.
Appears in 11 contracts
Samples: Financing Agreement (Elevate Credit, Inc.), Financing Agreement (Elevate Credit, Inc.), Financing Agreement (Elevate Credit, Inc.)
Subsidiary Rights. Each Except as set forth on Schedule 5.5, each Credit Party has the unrestricted right to vote, and (subject to limitations imposed by applicable law) to receive dividends and distributions on, all capital and Capital Stock, Equity Interests or other equity securities of its the Subsidiaries as owned by any such Credit Party.
Appears in 2 contracts
Samples: Debt Repayment and Exchange Agreement (Midwest Energy Emissions Corp.), Unsecured Note Financing Agreement (Midwest Energy Emissions Corp.)
Subsidiary Rights. Each Except as set forth on Schedule 7.6, each Credit Party has the unrestricted right to vote, and (subject to limitations imposed by applicable law) to receive dividends and distributions on, all capital and other equity securities of its Subsidiaries as owned by any Credit Partythe Borrower or such Subsidiary.
Appears in 1 contract
Samples: Financing Agreement (Wave2Wave Communications, Inc.)
Subsidiary Rights. Each Except as set forth on Schedule 7.6, each Credit Party has the unrestricted right to vote, and (subject to limitations imposed by applicable law) to receive dividends and distributions on, all capital and other equity securities of its Subsidiaries the Guarantor as owned by any such Credit Party.
Appears in 1 contract
Samples: Financing Agreement (Midwest Energy Emissions Corp.)
Subsidiary Rights. Each Credit Loan Party has the unrestricted right to vote, and (subject to limitations imposed by applicable law) to receive dividends and distributions on, all capital and other equity securities Capital Stock of its Subsidiaries as owned by any Credit PartySubsidiaries.
Appears in 1 contract
Samples: Senior Secured Facility Agreement (Brigus Gold Corp.)