Subsidiary Distributions. No subsidiary of the Company is currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, from paying any dividends to the Company or from making any other distribution on such subsidiary’s capital stock or similar ownership interest, except as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.
Appears in 4 contracts
Sources: Underwriting Agreement (CTO Realty Growth, Inc.), Underwriting Agreement (CTO Realty Growth, Inc.), Equity Distribution Agreement (CTO Realty Growth, Inc.)
Subsidiary Distributions. No subsidiary Subsidiary of the Company is currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, from paying any dividends to the Company or Company, from making any other distribution on such subsidiarySubsidiary’s capital stock stock, from repaying to the Company any loans or similar ownership interestadvances to such Subsidiary from the Company or from transferring any of such Subsidiary’s property or assets to the Company or any other Subsidiary of the Company, except as would not, individually required by the terms of the Company’s or in the aggregate, reasonably be expected to have a Material Adverse Effectany Subsidiary’s indebtedness.
Appears in 3 contracts
Sources: Convertible Note Purchase Agreement (Berkshire Grey, Inc.), Bond Purchase Agreement (Sprint Nextel Corp), Bond Purchase Agreement (Starburst II, Inc.)
Subsidiary Distributions. No subsidiary of the Company Subsidiary is currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, from paying any dividends to the Company or Company, from making any other distribution on such subsidiarySubsidiary’s capital stock stock, from repaying the Company any loans or similar ownership interestadvances to such Subsidiary from the Company or from transferring any of such Subsidiary’s property or assets to the Company or any other Subsidiary of the Company, except as would not, individually or described in the aggregate, reasonably be expected to have a Material Adverse EffectPricing Disclosure Package and the Final Offering Memorandum.
Appears in 2 contracts
Sources: Purchase Agreement (Energy Xxi (Bermuda) LTD), Purchase Agreement (Energy Xxi (Bermuda) LTD)
Subsidiary Distributions. No subsidiary of the Company Subsidiary is currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, from paying any dividends to the Company or Company, from making any other distribution on such subsidiarySubsidiary’s capital stock stock, from repaying the Company any loans or similar ownership interestadvances to such Subsidiary from the Company or from transferring any of such Subsidiary’s property or assets to the Company or any other Subsidiary of the Company, except as would not, individually or described in the aggregate, reasonably be expected to have a Material Adverse EffectDisclosure Package.
Appears in 2 contracts
Sources: Underwriting Agreement (Energy Xxi (Bermuda) LTD), Underwriting Agreement (Energy Xxi (Bermuda) LTD)
Subsidiary Distributions. No subsidiary of the Company is currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, from paying any dividends to the Company or Company, from making any other distribution on such subsidiary’s 's capital stock stock, from repaying to the Company any loans or similar ownership interestadvances to such subsidiary from the Company or from transferring any of such subsidiary's property or assets to the Company or any other subsidiary of the Company, except as would not, individually described in or in contemplated by the aggregate, reasonably be expected to have a Material Adverse EffectProspectus.
Appears in 1 contract
Sources: Underwriting Agreement (Wellpoint Health Networks Inc /De/)
Subsidiary Distributions. No subsidiary of the Company Subsidiary is currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, from paying any dividends to the Company or Company, from making any other distribution on such subsidiarySubsidiary’s capital stock or similar ownership interest, from repaying to the Company any loans or advances to such Subsidiary from the Company or from transferring any of such Subsidiary’s properties or assets to the Company or any other Subsidiary, except as would not, individually or disclosed in the aggregateRegistration Statement, reasonably be expected to have a Material Adverse Effectthe General Disclosure Package and the Prospectus.
Appears in 1 contract
Sources: Underwriting Agreement (Guardian Pharmacy Services, Inc.)
Subsidiary Distributions. No subsidiary of the Company Subsidiary is currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, from paying any dividends to the Company or Company, from making any other distribution on such subsidiarySubsidiary’s capital stock or similar ownership interest, except as would not, individually from repaying to the Company any loans or in advances to such Subsidiary from the aggregate, reasonably be expected Company or from transferring any of such Subsidiary’s properties or assets to have a Material Adverse Effectthe Company or any other Subsidiary.
Appears in 1 contract
Sources: Underwriting Agreement (Guardian Pharmacy Services, Inc.)