Common use of Dividends and Related Distributions Clause in Contracts

Dividends and Related Distributions. The Borrowers shall not, and shall not permit any of their Subsidiaries to, make or pay, or agree to become or remain liable to make or pay, any dividend or other distribution of any nature (whether in cash, property, securities or otherwise) on account of or in respect of its shares of capital stock or partnership or limited liability company interest or on account of the purchase, redemption, retirement or acquisition of its shares of capital stock (or warrants, options or rights therefor) or partnership or limited liability company interests, except

Appears in 8 contracts

Samples: Credit Agreement (Triumph Group Inc), Credit Agreement (Triumph Group Inc), Credit Agreement (Triumph Group Inc)

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Dividends and Related Distributions. The Borrowers Borrower shall not, and shall not permit any of their its Subsidiaries to, make or pay, or agree to become or remain liable to make or pay, any dividend or other distribution of any nature (whether in cash, property, securities or otherwise) on account of or in respect of its shares of capital stock or partnership or limited liability company interest or interests on account of the purchase, redemption, retirement or acquisition of its shares of capital stock (or warrants, options or rights therefor) or partnership or limited liability company interests, except

Appears in 5 contracts

Samples: Credit Agreement (Triumph Group Inc /), Credit Agreement (Triumph Group Inc /), Credit Agreement (Triumph Group Inc /)

Dividends and Related Distributions. The Borrowers Borrower shall not, and shall not permit any of their its Subsidiaries to, make or pay, or agree to become or remain liable to make or pay, any dividend or other distribution of any nature (whether in cash, property, securities or otherwise) on account of or in respect of its shares of capital stock or partnership or limited liability company interest ownership interests or on account of the purchase, redemption, retirement or acquisition of its shares ownership interests unless prior to and after giving effect to such dividend or distribution, no Event of capital stock (Default or warrants, options or rights therefor) or partnership or limited liability company interests, exceptPotential Default shall have occurred.

Appears in 3 contracts

Samples: Credit Agreement (Erie Indemnity Co), Credit Agreement (Erie Indemnity Co), Credit Agreement (Erie Indemnity Co)

Dividends and Related Distributions. The Borrowers Borrower shall not, and shall not permit any of their its Subsidiaries to, make or pay, or agree to become or remain liable to make or pay, any dividend or other distribution of any nature (whether in cash, property, securities or otherwise) on account of or in respect of its shares of capital stock or equity interests, partnership interests or limited liability company interest or interests on account of the purchase, redemption, retirement or acquisition of its shares of capital stock equity interests (or warrants, options or rights therefor) or ), partnership interests or limited liability company interestsinterests (collectively, the "Restricted Payments"), except:

Appears in 3 contracts

Samples: Credit Agreement (Nacco Industries Inc), Credit Agreement (Nacco Industries Inc), Credit Agreement (Nacco Industries Inc)

Dividends and Related Distributions. The Borrowers shall not, and shall not permit any of their Subsidiaries to, make or pay, or agree to become or remain liable to make or pay, any dividend or other distribution of any nature (whether in cash, property, securities or otherwise) on account of or in respect of its shares of capital stock or partnership or limited liability company interest or on account of the purchase, redemption, retirement or acquisition of its shares of capital stock (or warrants, options or rights therefor) or partnership or limited liability company interests, except

Appears in 2 contracts

Samples: Credit Agreement (Triumph Group Inc), Credit Agreement (Triumph Group Inc)

Dividends and Related Distributions. The Borrowers Borrower shall not, and shall not permit any of their its Subsidiaries to, directly or indirectly, make or pay, or agree to become or remain liable to make or pay, any dividend or other distribution of any nature (whether in cash, property, securities or otherwise) on account of or in respect of its shares of capital stock or partnership or limited liability company interest or Capital Stock, on account of the purchase, redemption, retirement or acquisition of its shares of capital stock (or warrants, options or rights therefor) or partnership or limited liability company interestsCapital Stock, except:

Appears in 2 contracts

Samples: Credit Agreement (Handy & Harman Ltd.), Credit Agreement (Handy & Harman Ltd.)

Dividends and Related Distributions. The Borrowers shall not, and shall not permit any of their Subsidiaries to, make or pay, or agree to become or remain liable to make or pay, any dividend or other distribution of any nature (whether in cash, property, securities or otherwise) on account of or in respect of its shares of capital stock or partnership or limited liability company interest or on account of the purchase, 106 redemption, retirement or acquisition of its shares of capital stock (or warrants, options or rights therefor) or partnership or limited liability company interests, except

Appears in 2 contracts

Samples: Credit Agreement (Triumph Group Inc), Credit Agreement (Triumph Group Inc)

Dividends and Related Distributions. The Borrowers Borrower shall not, and shall not permit any of their its Subsidiaries to, make or pay, or agree to become or remain liable to make or pay, any dividend or other distribution of any nature (whether in cash, property, securities or otherwise) on account of or in respect of its shares of capital stock or partnership or limited liability company interest or on account of the purchase, redemption, retirement or acquisition of its shares of capital stock (or warrants, options or rights therefor) or partnership or limited liability company interests, except

Appears in 1 contract

Samples: Credit Agreement (Triumph Group Inc)

Dividends and Related Distributions. The Borrowers Borrower shall not, and shall not permit any of their its Subsidiaries to, make or pay, or agree to become or remain liable to make or pay, any dividend or other distribution of any nature (whether in cash, property, securities or otherwise) on account of or in respect of its shares of capital stock or stock, partnership interests or limited liability company interest or interests on account of the purchase, redemption, retirement or acquisition of its shares of capital stock (or warrants, options or rights therefor) or ), partnership interests or limited liability company interests, except.

Appears in 1 contract

Samples: Credit Agreement (Aquapenn Spring Water Company Inc)

Dividends and Related Distributions. The Each of the Borrowers shall not, and shall not permit any of their its Subsidiaries to, make or pay, or agree to become or remain liable to make or pay, any dividend or other distribution of any nature (whether in cash, property, securities or otherwise) on account of or in respect of its shares of capital stock or stock, partnership interests or limited liability company interest or interests on account of the purchase, redemption, retirement or acquisition of its shares of capital stock (or warrants, options or rights therefor) or ), partnership interests or limited liability company interests, exceptexcept dividends or other distributions payable to another Borrower.

Appears in 1 contract

Samples: Credit Agreement (U S Interactive Inc/Pa)

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Dividends and Related Distributions. The Borrowers Borrower shall not, and shall not permit any of their its Subsidiaries to, make or pay, or agree to become or remain liable to make or pay, any dividend or other distribution of any nature (whether in cash, property, securities or otherwise) on account of or in respect of its shares of capital stock or partnership or limited liability company interest or on account of the purchase, redemption, retirement or acquisition of its shares of capital stock (or warrants, options or rights therefor) or partnership or limited liability company interests, except

Appears in 1 contract

Samples: Credit Agreement (Triumph Group Inc /)

Dividends and Related Distributions. The Borrowers shall not, and shall not permit any of their Subsidiaries to, make or pay, or agree to become or remain liable to make or pay, any dividend or other distribution of any nature (whether in cash, property, securities or otherwise) on account of or in respect of its shares of capital stock or partnership or limited liability company interest or on account of the purchase, redemption, retirement or acquisition of its shares of capital stock (or warrants, options or rights therefor) or partnership or limited liability company interests, except

Appears in 1 contract

Samples: Credit Agreement (Triumph Group Inc /)

Dividends and Related Distributions. The Borrowers Borrower shall not, and shall not permit any of their its Subsidiaries to, make or pay, or agree to become or remain liable to make or pay, any dividend or other distribution of any nature (whether in cash, property, securities or otherwise) on account of or in respect of its shares of capital stock or stock, partnership interests or limited liability company interest or interests on account of the purchase, redemption, retirement or acquisition of its shares of capital stock (or warrants, options or rights therefor) or ), partnership interests or limited liability company interests, except:

Appears in 1 contract

Samples: Credit Agreement (Freemarkets Inc)

Dividends and Related Distributions. The Borrowers shall not, and shall not permit any of their its Subsidiaries to, directly or indirectly, make or pay, or agree to become or remain liable to make or pay, any dividend or other distribution of any nature (whether in cash, property, securities or otherwise) on account of or in respect of its shares of capital stock or partnership or limited liability company interest or Capital Stock, on account of the purchase, redemption, retirement or acquisition of its shares of capital stock (or warrants, options or rights therefor) or partnership or limited liability company interestsCapital Stock, except:

Appears in 1 contract

Samples: Credit Agreement (Steel Partners Holdings L.P.)

Dividends and Related Distributions. The Borrowers shall not, and shall not permit any of their Subsidiaries to, make or pay, or agree to become or remain liable to make or pay, any dividend or other distribution of any nature (whether in cash, property, securities or otherwise) on account of or in respect of its shares of capital stock Capital Stock or partnership or limited liability company interest or on account of the purchase, redemption, retirement or acquisition of its shares of capital stock Capital Stock (or warrants, options or rights therefor) or partnership or limited liability company interests, except:

Appears in 1 contract

Samples: Credit Agreement (Triumph Group Inc)

Dividends and Related Distributions. The Borrowers Borrower shall not, and shall not permit any of their its Subsidiaries to, make or pay, or agree to become or remain liable to make or pay, any dividend or other distribution of any nature (whether in cash, property, securities or otherwise) on account of or in respect of its shares of capital stock or equity interests, partnership interests or limited liability company interest or interests on account of the purchase, redemption, retirement or acquisition of its shares of capital stock equity interests (or warrants, options or rights therefor) or ), partnership interests or limited liability company interestsinterests (collectively, the “Restricted Payments”), except:

Appears in 1 contract

Samples: Credit Agreement (Nacco Industries Inc)

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