Restrictions on Distributions. Except as disclosed in the Registration Statement, the General Disclosure Package and the Prospectus, no subsidiary of the Company is prohibited or restricted, directly or indirectly, from paying any distributions to the Company or the Operating Partnership, or from making any other distribution on such subsidiary’s equity interests, or from repaying to the Company or any other subsidiary any amounts that may from time to time become due under any loans or advances to such subsidiary from the Company or such other subsidiary, or from transferring any of such subsidiary’s property or assets to the Company or any other subsidiary of the Company.
Appears in 4 contracts
Sources: Underwriting Agreement (Ashford Hospitality Prime, Inc.), Underwriting Agreement (Braemar Hotels & Resorts Inc.), Underwriting Agreement (Ashford Hospitality Prime, Inc.)
Restrictions on Distributions. Except as disclosed described in the Registration Statement, the General Disclosure Package and the Prospectus, no subsidiary of the Company is currently prohibited or restrictedin any material respect, directly or indirectly, from (A) paying any distributions to the Company or the Operating Partnership, Yield LLC or from (B) (i) making any other distribution on such subsidiary’s equity interests, or from (ii) repaying to the Company or any other subsidiary any amounts that may from time to time become due under any loans or advances to such subsidiary from the Company or such other subsidiary, or from (iii) transferring any of such subsidiary’s property or assets to the Company or any other subsidiary of the Company.
Appears in 3 contracts
Sources: Underwriting Agreement (NRG Yield, Inc.), Underwriting Agreement (NRG Yield, Inc.), Underwriting Agreement (NRG Yield, Inc.)
Restrictions on Distributions. Except as disclosed described in the Registration Statement, the General Disclosure Package and the Prospectus, no subsidiary of the Company is currently prohibited or restrictedin any material respect, directly or indirectly, from (A) paying any distributions to the Company or the Operating Partnership, Clearway LLC or from (B) (i) making any other distribution on such subsidiary’s equity interests, or from (ii) repaying to the Company or any other subsidiary any amounts that may from time to time become due under any loans or advances to such subsidiary from the Company or such other subsidiary, or from (iii) transferring any of such subsidiary’s property or assets to the Company or any other subsidiary of the Company.
Appears in 2 contracts
Sources: Underwriting Agreement (Clearway Energy, Inc.), Underwriting Agreement (Clearway Energy LLC)
Restrictions on Distributions. Except as disclosed in the Registration Statement, the General Disclosure Package and the Prospectus, no subsidiary of the Company is prohibited or restricted, directly or indirectly, from paying any distributions to the Company or the Operating PartnershipCompany, or from making any other distribution on such subsidiary’s equity interests, or from repaying to the Company or any other subsidiary any amounts that may from time to time become due under any loans or advances to such subsidiary from the Company or such other subsidiary, or from transferring any of such subsidiary’s property or assets to the Company or any other subsidiary of the Company.
Appears in 1 contract
Restrictions on Distributions. Except as disclosed in the Registration StatementPreliminary Offering Memorandum, the General Pricing Disclosure Package and the ProspectusFinal Offering Memorandum, no subsidiary of the Company is prohibited or restricted, directly or indirectly, from paying any distributions to the Company or the Operating Partnership, or from making any other distribution on such subsidiary’s equity interests, or from repaying to the Company or any other subsidiary any amounts that may from time to time become due under any loans or advances to such subsidiary from the Company or such other subsidiary, or from transferring any of such subsidiary’s property or assets to the Company or any other subsidiary of the Company.
Appears in 1 contract