Common use of Limitation on Restrictions on Distributions from Restricted Subsidiaries Clause in Contracts

Limitation on Restrictions on Distributions from Restricted Subsidiaries. On and after the Escrow Release Date, the Issuer shall not, and shall not permit any Restricted Subsidiary to, create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to (a) pay dividends or make any other distributions on its Capital Stock to the Issuer or a Restricted Subsidiary or pay any Indebtedness owed to the Issuer or any Restricted Subsidiary, (b) make any loans or advances to the Issuer or any Restricted Subsidiary or (c) transfer any of its property or assets to the Issuer or any Restricted Subsidiary, except:

Appears in 4 contracts

Samples: Indenture (Western Digital Corp), Security Agreement (Western Digital Corp), ciusb.com.uy

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Limitation on Restrictions on Distributions from Restricted Subsidiaries. On and after the Escrow Release Date, the (a) The Issuer shall not, and shall not permit any Restricted Subsidiary to, create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to (a1) pay dividends or make any other distributions on its Capital Stock to the Issuer or a Restricted Subsidiary or pay any Indebtedness owed to the Issuer or any a Restricted Subsidiary, (b2) make any loans or advances to the Issuer or any a Restricted Subsidiary or (c3) transfer any of its property or assets to the Issuer or any a Restricted Subsidiary, except:.

Appears in 4 contracts

Samples: Intercreditor Agreement, Intercreditor Agreement, www.shelfdrilling.com

Limitation on Restrictions on Distributions from Restricted Subsidiaries. On and after the Escrow Release Date, the (A) The Issuer shall will not, and shall will not permit any Restricted Subsidiary to, create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to (a) pay dividends or make any other distributions on its Capital Stock to the Issuer or a Restricted Subsidiary or pay any Indebtedness owed to the Issuer or any Restricted Subsidiary, Issuer; (b) make any loans or advances to the Issuer or any Restricted Subsidiary Issuer; or (c) transfer any of its property or assets to the Issuer or any Restricted SubsidiaryIssuer, except:

Appears in 3 contracts

Samples: Supplemental Indenture (Kennedy-Wilson Holdings, Inc.), Indenture (Kennedy-Wilson Holdings, Inc.), Indenture (Kennedy-Wilson Holdings, Inc.)

Limitation on Restrictions on Distributions from Restricted Subsidiaries. On and after the Escrow Release Date, the The Issuer shall not, and shall not permit any Restricted Subsidiary to, create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to (a) pay dividends or make any other distributions on its Capital Stock to the Issuer or a Restricted Subsidiary or pay any Indebtedness owed to the Issuer or any Restricted SubsidiaryIssuer, (b) make any loans or advances to the Issuer or any Restricted Subsidiary or (c) transfer any of its property or assets to the Issuer or any Restricted SubsidiaryIssuer, except:

Appears in 3 contracts

Samples: Indenture (Amsurg Corp), Indenture (Amsurg Corp), Note Purchase Agreement (Alestra)

Limitation on Restrictions on Distributions from Restricted Subsidiaries. On and after the Escrow Release Date, the (a) The Issuer shall not, and shall not permit any Restricted Subsidiary to, create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary (A) to (a) pay dividends or make any other distributions on its Capital Stock to the Issuer or a any of its Restricted Subsidiary Subsidiaries or pay any Indebtedness owed to the Issuer or any a Restricted Subsidiary, (bB) to make any loans or advances to the Issuer or any a Restricted Subsidiary or (cC) to transfer any of its property or assets to the Issuer or any a Restricted Subsidiary, except:

Appears in 2 contracts

Samples: Indenture (Horsehead Holding Corp), Intercreditor Agreement (Horsehead Holding Corp)

Limitation on Restrictions on Distributions from Restricted Subsidiaries. On and after the Escrow Release Date, the (A) The Issuer shall will not, and shall will not permit any Restricted Subsidiary to, create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to (a) pay dividends or make any other distributions on its Capital Stock to the Issuer or a Restricted Subsidiary or pay any Indebtedness owed to the Issuer or any Restricted SubsidiaryIssuer, (b) make any loans or advances to the Issuer or any Restricted Subsidiary or (c) transfer any of its property or assets to the Issuer or any Restricted SubsidiaryIssuer, except:

Appears in 2 contracts

Samples: Kennedy Wilson (Kennedy-Wilson Holdings, Inc.), Indenture (Kennedy-Wilson Holdings, Inc.)

Limitation on Restrictions on Distributions from Restricted Subsidiaries. On and after the Escrow Release Date, the The Issuer shall not, and shall not permit any Restricted Subsidiary to, create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to (a) to pay dividends or make any other distributions on its Capital Stock to the Issuer or a Restricted Subsidiary or pay any Indebtedness owed to the Issuer or any Restricted SubsidiaryIssuer, (b) to make any loans or advances to the Issuer or any Restricted Subsidiary or (c) to transfer any of its property or assets to the Issuer or any Restricted SubsidiaryIssuer, except:

Appears in 2 contracts

Samples: Williams Scotsman (Williams Scotsman Inc), Williams Scotsman of Canada Inc

Limitation on Restrictions on Distributions from Restricted Subsidiaries. On and after the Escrow Release Date, the The Issuer shall not, and shall not permit any of its Restricted Subsidiary Subsidiaries to, create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any such Restricted Subsidiary to (a) pay dividends or make any other distributions on its Capital Stock to the Issuer or a any Restricted Subsidiary or pay any Indebtedness owed to the Issuer or any Restricted Subsidiary, (b) make any loans or advances to the Issuer or any Restricted Subsidiary or (c) transfer any of its property or assets to the Issuer or any Restricted Subsidiary, except:

Appears in 1 contract

Samples: Indenture (BOISE CASCADE Co)

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Limitation on Restrictions on Distributions from Restricted Subsidiaries. On and after the Escrow Release Date, the The Issuer shall not, and shall not permit any Restricted Subsidiary to, create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to (a) pay dividends or make any other distributions distributions, in cash or otherwise, on its Capital Stock to the Issuer or a any Restricted Subsidiary or pay any Indebtedness owed to the Issuer or any Restricted Subsidiary, (b) make any loans or advances to the Issuer or any Restricted Subsidiary or (c) transfer any of its property or assets to the Issuer or any Restricted Subsidiary, except:

Appears in 1 contract

Samples: Pride International Inc

Limitation on Restrictions on Distributions from Restricted Subsidiaries. On and after the Escrow Release Date, the The Issuer shall will not, and shall will not permit any Restricted Subsidiary to, create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to (ai) pay dividends or make any other distributions on its Capital Stock to the Issuer or a Restricted Subsidiary or pay any Indebtedness or other obligation owed to the Issuer or any Restricted SubsidiaryIssuer, (bii) make any loans or advances to the Issuer or any Restricted Subsidiary or (ciii) transfer any of its property or assets to the Issuer or any Restricted Subsidiary, except:: (1) any encumbrance or restriction pursuant to the New Credit Facility or any

Appears in 1 contract

Samples: Indenture (Spectrasite Holdings Inc)

Limitation on Restrictions on Distributions from Restricted Subsidiaries. On and after the Escrow Release Date, the The Issuer shall not, and shall not permit any Restricted Subsidiary to, create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to (a) pay dividends or make any other distributions on its Capital Stock to the Issuer or a Restricted Subsidiary or pay any Indebtedness or other obligations owed to the Issuer or any Restricted SubsidiaryIssuer, (b) make any loans or advances to the Issuer or any Restricted Subsidiary or (c) transfer any of its property or assets to the Issuer or any Restricted SubsidiaryIssuer, except:

Appears in 1 contract

Samples: Interline (Interline Brands, Inc./De)

Limitation on Restrictions on Distributions from Restricted Subsidiaries. On and after the Escrow Release Date, the The Issuer shall not, and shall not permit any Restricted Subsidiary to, create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to (a) to pay dividends or make any other distributions on its Capital Stock to the Issuer or a Restricted Subsidiary or pay any Indebtedness In- debtedness owed to the Issuer or any Restricted SubsidiaryIssuer, (b) to make any loans or advances to the Issuer or any Restricted Subsidiary or (c) to transfer any of its property or assets to the Issuer or any Restricted SubsidiaryIssuer, except:

Appears in 1 contract

Samples: Mobile Field Office Co

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