Common use of Limitation on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries Clause in Contracts

Limitation on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. (a) Parent shall not, and shall not permit any Restricted Subsidiary to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any consensual encumbrance or restriction (other than pursuant to law or regulation) on the ability of any Restricted Subsidiary (i) to pay dividends (in cash or otherwise) or make any other distributions in respect of its Capital Stock owned by Parent or any other Restricted Subsidiary or pay any Debt or other obligation owed to Parent or any other Restricted Subsidiary, (ii) to make loans or advances to Parent or any other Restricted Subsidiary or (iii) to transfer any of its Property to Parent or any other Restricted Subsidiary.

Limitation on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. (a) Parent The Issuer shall not, and shall not permit any Restricted Subsidiary to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any consensual encumbrance or restriction (other than pursuant to law or regulation) on the ability of any Restricted Subsidiary (i) to pay dividends (in cash or otherwise) or make any other distributions in respect of its Capital Stock owned by Parent the Issuer or any other Restricted Subsidiary or pay any Debt or other obligation owed to Parent the Issuer or any other Restricted Subsidiary, (ii) to make loans or advances to Parent the Issuer or any other Restricted Subsidiary or (iii) to transfer any of its Property to Parent the Issuer or any other Restricted Subsidiary.

Limitation on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. (a) Parent shall The Borrower will not, and shall will not permit any Restricted Subsidiary to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any consensual encumbrance or restriction (other than pursuant to law or regulation) of any kind on the ability of any Restricted Subsidiary to (i) to pay dividends (in cash or otherwise) or make any other distributions in respect of its permitted by applicable law on any Capital Stock of such Restricted Subsidiary owned by Parent or any other Restricted Subsidiary or pay any Debt or other obligation owed to Parent the Borrower or any other Restricted Subsidiary, (ii) pay any Indebtedness owed to the Borrower or any other Restricted Subsidiary, (iii) make loans or advances to Parent the Borrower or any other Restricted Subsidiary or (iiiiv) to transfer any of its Property property or assets to Parent the Borrower or any other Restricted Subsidiary.. The foregoing provisions shall not restrict any encumbrances or restrictions:

Limitation on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. (a) The Parent shall will not, and shall will not permit any Restricted Subsidiary to, directly or indirectlyand Company will not, and will not permit any Restricted Subsidiary to, create or otherwise cause or suffer to exist or become effective any consensual encumbrance or restriction (other than pursuant to law or regulation) of any kind on the ability of any Restricted Subsidiary to (i) to pay dividends (in cash or otherwise) or make any other distributions in respect of its permitted by applicable law on any Capital Stock of such Restricted Subsidiary owned by Parent or any other Restricted Subsidiary or pay any Debt or other obligation owed to Parent the Parent, the Company or any other Restricted Subsidiary, (ii) pay any Indebtedness owed to the Parent, the Company or any other Restricted Subsidiary, (iii) make loans or advances to Parent the Parent, the Company or any other Restricted Subsidiary or (iiiiv) to transfer any of its Property property or assets to Parent the Parent, the Company or any other Restricted Subsidiary.

Limitation on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. (a) The Parent shall will not, and shall will not permit any of its Restricted Subsidiary Subsidiaries to, directly or indirectly, create or otherwise cause or suffer to exist or become effective or enter into any consensual encumbrance or restriction (other than pursuant to law this Indenture or regulationany law, rule, regulation or order) on the ability of any Restricted Subsidiary to (i) to pay dividends (in cash or otherwise) or make any other distributions in respect of on its Capital Stock Interests owned by the Parent or any other Restricted Subsidiary or pay any Debt or other obligation owed to the Parent or any other Restricted Subsidiary, (ii) to make loans or advances to the Parent or any other Restricted Subsidiary thereof or (iii) to transfer any of its Property property or assets to the Parent or any other Restricted Subsidiary.