Subsidiary Rights. Except as set forth on Schedule 7.6, each Borrower 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 the Principal Borrower or such Subsidiary.
Appears in 2 contracts
Samples: Financing Agreement (Unigene Laboratories Inc), Financing Agreement (Unigene Laboratories Inc)
Subsidiary Rights. Except as set forth on Schedule 7.6, each The Borrower 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 the Subsidiaries as owned by the Principal Borrower or such SubsidiaryBorrower.
Appears in 2 contracts
Samples: Note Purchase Agreement (Blue Earth, Inc.), Note and Warrant Purchase Agreement (Blue Earth, Inc.)
Subsidiary Rights. Except as set forth on Schedule 7.6, each Borrower Company 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 the Principal Borrower Parent or such Subsidiary.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Qsgi Inc.), Securities Purchase Agreement (Qsgi Inc.)
Subsidiary Rights. Except as set forth on Schedule 7.6, each Borrower 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 the Principal Borrower Parent or such Subsidiary.
Appears in 1 contract
Samples: Financing Agreement (Jamba, Inc.)
