Limitation on Investor Withdrawals Sample Clauses

Limitation on Investor Withdrawals. No Credit Party shall permit any Investor to withdraw its Subscribed Interest in any Borrower without the prior written consent of all Lenders, other than in the limited instance in accordance with Section 9.5.
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Limitation on Investor Withdrawals. No Borrower shall permit any Investor to withdraw its Subscribed Interest in any Borrower without the prior written consent of all of the Lenders, other than in connection with a Transfer permitted in accordance with Section 9.5.
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Limitation on Investor Withdrawals. No Borrower shall permit any Investor to withdraw its Subscribed Interest in any Borrower without the prior written consent of all of the Lenders, other than in connection with a Transfer permitted in accordance with Section 9.5; provided however, so long as no Event of Default or Potential Default has occurred and is continuing, the Borrowers in their discretion may permit any Platform Investor or HNW Investor that is classified as an Excluded Investor prior to withdrawing, to withdraw its interest, so long as, at the time of such withdrawal, the aggregate Capital Commitments of all Platform Investors and such HNW Investors withdrawn pursuant to this Section 9.7, plus any Permitted Excluded Commitments, do not exceed, on a cumulative basis, two percent (2%) of the aggregate Capital Commitments of all Investors; provided that if such withdrawal would result in a mandatory prepayment pursuant to Section 3.5(b), such mandatory prepayment shall first be calculated and paid to the Lenders prior to such withdrawal and such prepayment shall be subject to Section 4.5.
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Limitation on Investor Withdrawals. No Fund Party (or its GP Person) shall permit any Investor to withdraw its interest in such Fund Party without the prior written consent of Lender, other than in accordance with and subject to the terms of the applicable Constituent Documents or in connection with a Transfer permitted in accordance with Section 9.5.
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Limitation on Investor Withdrawals. No Fund or its General Partner shall permit the Investor to withdraw its interest in any Fund without the prior written consent of the Required Lenders.
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Limitation on Investor Withdrawals. No Borrower shall permit any Investor to withdraw its Subscribed Interest in any Borrower without the prior written consent of all of the Lenders, other than in connection with a Transfer permitted in accordance with Section 9.5; provided however, so long as no Event of Default or Potential Default has occurred and is continuing, the Borrowers in their discretion may permit any (a) Person A Investor, (b) Person B Investor, (c) Person D Investor or (d) HNW Investor that is classified as an Excluded Investor prior to withdrawing, to withdraw its interest, so long as, at the time of such withdrawal, the aggregate Capital Commitments of all Person A Investors, Person B Investors, Person D Investors and such HNW Investors withdrawn pursuant to this Section 9.7, plus any Permitted Excluded Commitments, do not exceed, on a cumulative basis, two percent (2%) of the aggregate Capital Commitments of all Investors; provided that if such withdrawal would result in a mandatory prepayment pursuant to Section 3.5(b), such mandatory prepayment shall first be calculated and paid to the Lenders prior to such withdrawal and such prepayment shall be subject to Section 4.5.
Sample 1
Limitation on Investor Withdrawals. No Borrower shall permit any Investor to withdraw its Subscribed Interest in any Borrower without the prior written consent of all of the Lenders, other than in connection with a Transfer permitted in accordance with Section 9.5; provided however, so long as no Event of Default or Potential Default has occurred and is continuing, Borrowers in their discretion may permit Excluded Investors to withdraw their interest, so long as, at the time of such withdrawal, the aggregate Capital Commitments of all Excluded Investors withdrawn pursuant to this Section 9.7 plus the aggregate Capital Commitments with respect to which relief has been granted pursuant to clause (B) of the proviso in Section 9.10, does not exceed $100,000,000.”
Sample 1
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Related to Limitation on Investor Withdrawals

  • Limitation on Investments Make any advance, loan, extension of credit (by way of guaranty or otherwise) or capital contribution to, or purchase any Capital Stock, bonds, notes, debentures or other debt securities of, or any assets constituting an ongoing business from, or make any other investment in, any other Person (all of the foregoing, “Investments”), except:

  • Limitation on Allocation of Net Loss To the extent that any allocation of Net Loss would cause or increase an Adjusted Capital Account Deficit as to any Holder, such allocation of Net Loss shall be reallocated (x) first, among the other Holders of Partnership Common Units in accordance with their respective Percentage Interests with respect to Partnership Common Units and (y) thereafter, among the Holders of other classes of Partnership Units as determined by the General Partner, subject to the limitations of this Section 6.4.A(vi).

  • Limitation on Subsidiary Distributions Holdings will not permit any of the Restricted Subsidiaries that are not Guarantors to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any consensual encumbrance or consensual restriction on the ability of any such Restricted Subsidiary to:

  • Limitation on Asset Sales The Company will not, and will not permit any of its Restricted Subsidiaries to, consummate an Asset Sale unless:

  • Limitation on Losses Notwithstanding anything else contained in this Agreement, Losses allocated to any Member pursuant to Section 9.1 of this Agreement shall not exceed the maximum amount of Losses that may be allocated without causing such Member to have an Adjusted Capital Account Deficit at the end of the Fiscal Year for which the allocation is made.

  • Limitation on Distributions Notwithstanding any provision to the contrary contained in this Agreement, the Partnership and the General Partner, on behalf of the Partnership, shall not be required to make a distribution to a Partner on account of its interest in the Partnership if such distribution would violate the Act or any other applicable law.

  • Limitation on Sales Each holder of this Warrant acknowledges that this Warrant and the Warrant Shares, as of the date of original issuance of this Warrant, have not been registered under the Securities Act of 1933, as amended ("Act"), and agrees not to sell, pledge, distribute, offer for sale, transfer or otherwise dispose of this Warrant or any Warrant Shares issued upon its exercise in the absence of (a) an effective registration statement under the Act as to this Warrant or such Warrant Shares or (b) an opinion of counsel, satisfactory to the Company, that such registration and qualification are not required. The Warrant Shares issued upon exercise thereof shall be imprinted with a legend in substantially the following form: "THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT") OR APPLICABLE STATE SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD, TRANSFERRED, PLEDGED, HYPOTHECATED, ASSIGNED OR OTHERWISE DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT AND IN COMPLIANCE WITH ANY APPLICABLE STATE SECURITIES LAWS OR IN A TRANSACTION WHICH IS EXEMPT FROM REGISTRATION UNDER THE ACT AND ANY APPLICABLE STATE SECURITIES LAWS."

  • Limitation on Amount The Employee's salary reduction contributions: (Choose (i) or at least one of (ii) or (iii))

  • Restriction on Timing of Distributions Notwithstanding any provision of this Agreement to the contrary, if the Executive is considered a Specified Employee at Termination of Employment under such procedures as established by the Company in accordance with Section 409A of the Code, benefit distributions that are made upon Termination of Employment may not commence earlier than six (6) months after the date of such Termination of Employment, or if earlier, the date of death. Therefore, in the event this Section 2.5 is applicable to the Executive, any distribution which would otherwise be paid to the Executive within the first six months following the Termination of Employment shall be accumulated and paid in a lump sum on the first day of the seventh month following the Termination of Employment, or, if earlier, within sixty (60) days from the date of the Executive’s death. All subsequent distributions shall be paid in the manner specified.

  • LIMITATIONS ON ALLOCATIONS If the Employer maintains or has ever maintained another qualified plan (other than the Sponsor's paired defined contribution plan numbers 01003, 01004, 01006, or the Sponsor's paired defined benefit plan number 02001), in which any Participant in this Plan is (or was) a Participant or could possibly become a Participant, the following provision(s) must apply. The Employer must also complete this Section if it maintains a welfare benefit fund, as defined in Section 419(e) of the Code, or an individual medical account, as defined in Section 415(l)(2) of the Code, under which amounts are treated as Annual Additions with respect to any Participant in the Plan.

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