Distributions and other payments Sample Clauses

Distributions and other payments. 4.1. In the last 6 years no distribution or deemed distribution, within the meaning of section 1000 or sections 1022-1027 of CTA 2010, has been made (or, so far as the Warrantors are aware, will be deemed to have been made) by the Company except dividends shown in its statutory accounts, and the Company is not bound to make any such distribution.
AutoNDA by SimpleDocs
Distributions and other payments. The Trustee shall make payment to such persons, including the Employer, the Trustee, the Named Fiduciary, the Plan recordkeeper and Participants, as the Named Fiduciary may direct from time to time. The Named Fiduciary shall be responsible for insuring that any distribution or other payment from the Trust Fund conforms to the provisions of the Plan and ERISA. Excluding those fees and expenses set forth in this Agreement and the Plan's recordkeeping agreement, which may be paid from the Trust Fund if not paid directly by the Employer, the Named Fiduciary's direction to pay fees or expenses relating to the administration of the Plan or Trust Fund shall be in the form of a certificate substantially in the form as set forth in Exhibit "A". Notwithstanding any other provisions of this Agreement, the Trustee may condition any distribution or other payment of Trust Fund assets upon receipt of satisfactory assurances that the approval of appropriate governmental agencies or other authorities has been secured and that all notice and other procedures required by applicable law have been satisfied. The Trustee shall be entitled to rely conclusively upon the Named Fiduciary's directions and shall not be liable for any distribution or other payment made in reliance upon the Named Fiduciary's directions.
Distributions and other payments. 27.4 If an Event of Default is continuing (or if an Event of Default would occur as a result therefrom), neither the Borrower nor the Parent shall:
Distributions and other payments. No Obligor shall:
Distributions and other payments. No distribution or deemed distribution has been made (or will be deemed to have been made) by the Company or any Subsidiary, except dividends shown in their statutory accounts, and neither the Company nor any Subsidiary is bound to make any such distribution.
Distributions and other payments. (i) Since June 30, 2009, no distribution or deemed distribution, within the meaning of Sections 209, 210 or 211 of ICTA 1988, has been made (or will be deemed to have been made) by the Company, except dividends shown in the Company Year-End Financial Statements, and the Company is not bound to make any such distribution.
Distributions and other payments. 2.1 No distribution or deemed distribution, within the meaning of sections 209, 210 or 211 of ICTA 1988 (section 1000 of the Corporation Tax Act 2010), has been made (or will be deemed to have been made) by the Company or any of its Subsidiaries, except dividends shown in their audited accounts, and neither the Company nor any of its Subsidiaries is legally bound to make any such distribution.
AutoNDA by SimpleDocs
Distributions and other payments. Except to the extent the relevant payment is made from amounts standing to the credit of the Distribution Account and for any Permitted Repayment, the Borrower shall not:
Distributions and other payments. (a) The Lessee shall not pay (including by way of set‑off, combination of accounts or otherwise) any dividend or redeem or make any other distribution or payment (whether in cash or in specie), including any interest and/or unpaid dividends, in respect of its equity or any other share capital or any warrants for the time being in issue if a Dividend Restriction Event occurs and is continuing.
Distributions and other payments. The Borrower shall not:
Time is Money Join Law Insider Premium to draft better contracts faster.