Common use of Limitations on Dividends and Distributions Clause in Contracts

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stock, or make any distribution of cash, property or assets among the holders of shares of its Capital Stock, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have a Material Adverse Effect; provided that:

Appears in 38 contracts

Samples: Credit Agreement (SCP Pool Corp), Credit Agreement (Blackbaud Inc), Credit Agreement (AbitibiBowater Inc.)

AutoNDA by SimpleDocs

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stockcapital stock or any other ownership interests; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stockcapital stock or other ownership interests, or make any distribution of cash, property or assets among the holders of shares of its Capital Stockcapital stock or other ownership interests, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have a Material Adverse Effectstructure; provided that:

Appears in 13 contracts

Samples: Credit Agreement (Belk Inc), Credit Agreement (Belk Inc), Credit Agreement (Belk Inc)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stockcapital stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stockcapital stock, or make any distribution of cash, property or assets among the holders of shares of its Capital Stockcapital stock, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have a Material Adverse Effectstructure; provided that:

Appears in 13 contracts

Samples: Credit Agreement (Duratek Inc), Credit Agreement (Hickory Tech Corp), Credit Agreement (Hickory Tech Corp)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stockcapital stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stockcapital stock, or make any distribution of cash, property or assets among the holders of shares of its Capital Stockcapital stock, or make any change in its capital structure which such change in its capital structure that could reasonably be expected to have a Material Adverse Effect; provided that:

Appears in 12 contracts

Samples: Credit Agreement (Urban Outfitters Inc), Credit Agreement (Urban Outfitters Inc), Credit Agreement (Performance Food Group Co)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stock, or make any distribution of cash, property or assets among the holders of shares of its Capital Stock, or make any change in its capital structure which such change in its capital structure could would reasonably be expected to have a Material Adverse Effect; provided that:

Appears in 5 contracts

Samples: Credit Agreement (Blackbaud Inc), Credit Agreement (Blackbaud Inc), Credit Agreement (Blackbaud Inc)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stockcapital stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stockcapital stock, or make any distribution of cash, property or assets among the holders of shares of its Capital Stockcapital stock, or make any change in its capital structure which such change in its capital structure that could reasonably be expected to have a Material Adverse Effect; provided provided, that:

Appears in 4 contracts

Samples: Credit Agreement (Breed Technologies Inc), Credit Agreement (Rare Hospitality International Inc), Credit Agreement (Rare Hospitality International Inc)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stockcapital stock or any other ownership interests; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stockcapital stock or other ownership interests, or make any distribution of cash, property or assets among the holders of shares of its Capital Stockcapital stock or other ownership interests, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have a Material Adverse Effect; provided thatstructure, except:

Appears in 4 contracts

Samples: Credit Agreement (O Charleys Inc), Credit Agreement (O Charleys Inc), Credit Agreement (O Charleys Inc)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stock, or make any distribution of cash, property or assets among the holders of shares of its Capital Stock, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have a Material Adverse Effectstructure; provided that:

Appears in 3 contracts

Samples: Credit Agreement (Lmi Aerospace Inc), Credit Agreement (Lmi Aerospace Inc), Credit Agreement (Lmi Aerospace Inc)

Limitations on Dividends and Distributions. Declare or pay any dividends Dividends upon any of its Capital Stockcapital stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stockcapital stock, or make any distribution of cash, property or assets among the holders of shares of its Capital Stockcapital stock, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have a Material Adverse Effectstructure; provided that:

Appears in 3 contracts

Samples: Credit Agreement (Cornerstone Realty Income Trust Inc), Credit Agreement (Cornerstone Realty Income Trust Inc), Credit Agreement (Cornerstone Realty Income Trust Inc)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stockcapital stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stockcapital stock, or make any distribution of cash, property or assets among the holders of shares of its Capital Stockcapital stock, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have a Material Adverse Effect; provided that:

Appears in 3 contracts

Samples: Credit Agreement (DRS Technologies Inc), Credit Agreement (Paravant Inc), Credit Agreement (Paravant Inc)

Limitations on Dividends and Distributions. Declare or pay ------------------------------------------ any dividends upon any of its Capital Stockcapital stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stockcapital stock, or make any distribution of cash, property or assets among the holders of shares of its Capital Stockcapital stock, or make any change in its capital structure which such change in its capital structure that could reasonably be expected to have a Material Adverse Effect; provided that:: --------

Appears in 2 contracts

Samples: Credit Agreement (Urban Outfitters Inc), Credit Agreement (Global Imaging Systems Inc)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stockcapital stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stockcapital stock, or make any distribution of cash, property or assets among the holders of shares of its Capital Stockcapital stock, or make any change in its capital structure which such change in its capital structure that could reasonably be expected to have a Material Adverse Effect; provided PROVIDED that:

Appears in 2 contracts

Samples: Credit Agreement (Marshall Industries), Credit Agreement (Condor Technology Solutions Inc)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stockcapital stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stockcapital stock, or make any distribution of cash, property or assets among the holders of shares of its Capital Stockcapital stock, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have a Material Adverse Effectstructure; provided PROVIDED that:

Appears in 2 contracts

Samples: Credit Agreement (Hickory Tech Corp), Credit Agreement (Hickory Tech Corp)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stockcapital stock or any other ownership interests; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stockcapital stock or any other ownership interests, or make any distribution of cash, property or assets among the holders of shares of its Capital Stockcapital stock or any other ownership interests, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have a Material Adverse Effect; provided provided, that:

Appears in 2 contracts

Samples: Credit Agreement (Rare Hospitality International Inc), Credit Agreement (Rare Hospitality International Inc)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stock, or make any distribution of cash, property or assets among the holders of shares of its Capital StockStock (all such payments or other distributions, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have a Material Adverse Effect; provided that“Distributions”) except:

Appears in 2 contracts

Samples: Credit Agreement (Jack in the Box Inc /New/), Third Amendment (Jack in the Box Inc /New/)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stockcapital stock or any other ownership interests; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stockcapital stock or other ownership interests, or make any distribution of cash, property or assets among the holders of shares of its Capital Stockcapital stock or other ownership interests, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have a Material Adverse Effect; provided that:

Appears in 2 contracts

Samples: Credit Agreement (G&k Services Inc), Credit Agreement (G&k Services Inc)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stock, or make any distribution of cash, property or assets among the holders of shares of its Capital Stock, or make any material change in its capital structure which such change in its capital structure could reasonably be expected to have a Material Adverse Effectstructure; provided that:

Appears in 2 contracts

Samples: Credit Agreement (Tekelec), Credit Agreement (Tekelec)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stockcapital stock or other equity interests; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stockcapital stock or other equity interests, or make any distribution of cash, property or assets among the holders of shares of its Capital Stockcapital stock or other equity interests (all such payments or other distributions, "Distributions"), or make any change in its capital structure which such change in its capital structure could reasonably be expected to have a Material Adverse Effect; provided that:

Appears in 2 contracts

Samples: Credit Agreement (Jack in the Box Inc /New/), Credit Agreement (Jack in the Box Inc /New/)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stock, or make any distribution of cash, property or assets among the holders of shares of its Capital Stock, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have a Material Adverse Effect; provided that:

Appears in 2 contracts

Samples: Credit Agreement (Cross Country Healthcare Inc), Credit Agreement (Cross Country Healthcare Inc)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stock, or make any distribution of cash, property or assets among the holders of shares of its Capital Stock, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have a Material Adverse Effectexcept as otherwise permitted hereunder; provided that:

Appears in 2 contracts

Samples: Credit Agreement (Broadview Networks Holdings Inc), Credit Agreement (Broadview Networks Holdings Inc)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stock, or make any distribution of cash, property or assets among the holders of shares of its Capital Stock, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have a Material Adverse Effectstructure; provided PROVIDED that:

Appears in 1 contract

Samples: Credit Agreement (Optio Software Inc)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stockcapital stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stockcapital stock, or make any distribution of cash, cash property or assets among the holders of shares of its Capital Stockcapital stock, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have (each a Material Adverse Effect"Dividend"); provided that:

Appears in 1 contract

Samples: Credit Agreement (United States Lime & Minerals Inc)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stock, or make any distribution of cash, property or assets among the holders of shares of its Capital Stock, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have a Material Adverse Effect; provided that:except as otherwise permitted hereunder.

Appears in 1 contract

Samples: Credit Agreement (Broadview Networks Holdings Inc)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stock; , or purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stock, or make any distribution of cash, property or assets among the holders on account of shares of its Capital Stock, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have a Material Adverse Effectstructure; provided that:

Appears in 1 contract

Samples: Credit Agreement (Digital Generation Systems Inc)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stock, or make any distribution of cash, property or assets among the holders of shares of its Capital Stock, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have (collectively, a Material Adverse Effect“Restricted Payment”); provided that:

Appears in 1 contract

Samples: Credit Agreement (PAS, Inc.)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stockcapital stock or other ownership interests; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stockcapital stock or other ownership interests, or make any distribution of cash, property or assets among the holders of shares of its Capital Stockcapital stock or other ownership interests, or make any change in its capital structure which such change in its capital structure that could reasonably be expected to have a Material Adverse Effect; provided that:

Appears in 1 contract

Samples: Credit Agreement (Knology Inc)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stock, or make any distribution of cash, property or assets among the holders of shares of its Capital Stock, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have (collectively, a Material Adverse Effect"RESTRICTED PAYMENT"); provided PROVIDED that:

Appears in 1 contract

Samples: Credit Agreement (Restaurant Co)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stockcapital stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stockcapital stock, or make any distribution of cash, property or assets among the holders of shares of its Capital Stock, capital stock; or make any change in its capital structure which such change in its capital structure that could reasonably be expected to have a Material Adverse Effect; provided that:that any Subsidiary of Borrower may pay cash dividends or make any other cash distribution to Borrower.

Appears in 1 contract

Samples: Credit Agreement (Medical Manager Corp)

AutoNDA by SimpleDocs

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stock, or make any distribution of cash, property or assets among the holders of shares of its Capital StockStock (all such payments or other distributions, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have a Material Adverse Effect“Distributions”); provided that:

Appears in 1 contract

Samples: Credit Agreement (Jack in the Box Inc /New/)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stockcapital stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stockcapital stock, or make any distribution of cash, property or assets among the holders of shares of its Capital Stockcapital stock, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have a Material Adverse Effect; provided PROVIDED that:

Appears in 1 contract

Samples: Credit Agreement (DRS Technologies Inc)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stockcapital stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stockcapital stock, or make any distribution of cash, property or assets among the holders of shares of its Capital Stock, capital stock or make any change in its capital structure which such change in its capital structure could reasonably be expected to have a Material Adverse Effect; structure, provided that:

Appears in 1 contract

Samples: Credit Agreement (Unc Inc)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stock, or make any distribution of cash, property or assets among the holders of shares of its Capital Stock, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have a Material Adverse Effectstructure; provided that:that:(a) the Borrower or any Subsidiary (other than DG III and any of its Subsidiaries) may pay dividends payable solely in shares of its own Capital Stock; and

Appears in 1 contract

Samples: Credit Agreement (Digital Generation Systems Inc)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stockcapital stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stockcapital stock, or make any distribution of cash, property or assets among the holders of shares of its Capital Stock, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have a Material Adverse Effect; provided that:among

Appears in 1 contract

Samples: Unconditional Guaranty Agreement (Quintiles Transnational Corp)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stock, or ; make any distribution of cash, property or assets among the holders of shares of its Capital Stock, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have a Material Adverse Effectexcept as otherwise permitted hereunder; provided that:

Appears in 1 contract

Samples: Loan Agreement (Towerstream Corp)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stock, or make any distribution of cash, property or assets among the holders of shares of its Capital StockStock (all such payments or other distributions, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have a Material Adverse Effect; provided that:“Distributions”):

Appears in 1 contract

Samples: Credit Agreement (Jack in the Box Inc /New/)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stockcapital stock or any other ownership interests; purchase, redeem, retire or otherwise acquire, acquire (directly or indirectly), any shares of its Capital Stockcapital stock or other ownership interests, or make any distribution of cash, property or assets among amount the holders of shares of its Capital Stockcapital stock or other ownership interests, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have (any of the foregoing a Material Adverse Effect“Restricted Payment”); provided that:

Appears in 1 contract

Samples: Credit Agreement (Compx International Inc)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stock, or make any distribution of cash, property or assets among the holders of shares of its Capital Stock, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have (collectively, a Material Adverse Effect"Restricted Payment"); provided that:

Appears in 1 contract

Samples: Credit Agreement (Restaurant Co of Minnesota)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stock, or make any distribution of cash, property or assets among the holders of shares of its Capital Stock, or make any change in its capital structure which such change in its capital structure that could reasonably be expected to have a Material Adverse Effect; provided that:

Appears in 1 contract

Samples: Credit Agreement (Performance Food Group Co)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stockcapital stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stockcapital stock, or make any distribution of cash, property or assets among the holders of shares of its Capital Stockcapital stock, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have a 61 Material Adverse Effect; provided PROVIDED that:

Appears in 1 contract

Samples: Credit Agreement (DRS Technologies Inc)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stockcapital stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stockcapital stock, or make any distribution of cash, property or assets among the holders of shares of its Capital Stock, capital stock; or make any change in its capital structure which such change in its capital structure that could reasonably be expected to have a Material Adverse Effect; provided that:that (a) the Borrower may pay dividends solely in shares of its own capital stock and (b) any Subsidiary of the Borrower may pay cash dividends or make any other cash distribution thereto.

Appears in 1 contract

Samples: Credit Agreement (Healthplan Services Corp)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stock, or make any distribution of cash, property or assets among the holders of shares of its Capital Stock, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have a Material Adverse Effect; provided that, except as to clause (d), so long as no Default or Event of Default has occurred and is continuing or would result from the following:

Appears in 1 contract

Samples: Credit Agreement (Cott Corp /Cn/)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stockcapital stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stockcapital stock, or make any distribution of cash, cash property or assets among the holders of shares of its Capital Stockcapital stock, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have (each a Material Adverse Effect"DIVIDEND"); provided that:

Appears in 1 contract

Samples: Loan and Security Agreement (United States Lime & Minerals Inc)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stockcapital stock or other ownership interests; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stockcapital stock or other ownership interests, or make any distribution of cash, property or assets among the holders of shares of its Capital Stockcapital stock or other ownership interests, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have a Material Adverse Effect; provided that:

Appears in 1 contract

Samples: Credit Agreement (DRS Technologies Inc)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stockcapital stock; or (i) purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stockcapital stock, or (ii) make any distribution of cash, property or assets among the holders of shares of its Capital Stockcapital stock, or (iii) make any change in its capital structure which such change structure, in its capital structure the case of clauses (i), (ii) or (iii) that could reasonably be expected to have a Material Adverse Effect; provided provided, that:

Appears in 1 contract

Samples: Credit Agreement (Checkpoint Systems Inc)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Capital Stockcapital stock; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Capital Stockcapital stock, or make any distribution of cash, property or assets among the holders of shares of its Capital Stockcapital stock, or make any change in its capital structure which such change in its capital structure that could reasonably be expected to have a Material Adverse Effect; provided that:provided, that the Borrower may pay dividends in shares of its own capital stock.

Appears in 1 contract

Samples: Credit Agreement (Medcath Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.