Common use of No Indirect Actions Clause in Contracts

No Indirect Actions. Unless otherwise expressly stated, if a party may not take an action under this Agreement, then it may not take that action indirectly, or support any other Person in taking that action directly or indirectly. “Taking an action indirectly” means taking an action that is not expressly prohibited for the party but is intended to have substantially the same effects as the prohibited action.

Appears in 74 contracts

Sources: Intercreditor Agreement (Beyond Meat, Inc.), Indenture (Karyopharm Therapeutics Inc.), Omnibus Amendment to Transaction Documents (Karyopharm Therapeutics Inc.)

No Indirect Actions. Unless otherwise expressly stated, if a party Party may not take an action under this Agreement, then it may not take that action indirectly, or assist or support any other Person in taking that action directly or indirectly. “Taking an action indirectly” means taking an action that is not expressly prohibited for the party Party but is intended to have substantially the same effects as the prohibited action.

Appears in 16 contracts

Sources: Intercreditor Agreement (Melar Acquisition Corp. I/Cayman), Intercreditor Agreement (Melar Acquisition Corp. I/Cayman), First Lien Pari Passu Intercreditor Agreement (Zapata Computing Holdings Inc.)

No Indirect Actions. Unless otherwise expressly stated, if a party may not take an action under this Agreement, then it may not take that action indirectly, or support any other Person in taking that action directly or indirectly. “Taking an action indirectly” means taking an action that is not expressly prohibited for the party but is intended by the party to have substantially the same effects as the prohibited action.

Appears in 7 contracts

Sources: Note Subordination Agreement, Note Subordination Agreement (Centrus Energy Corp), Supplemental Indenture (Centrus Energy Corp)

No Indirect Actions. Unless otherwise expressly stated, if a party Party may not take an action under this Agreement, then it may not take that action indirectly, or support any other Person in taking that action directly or indirectly. “Taking an action indirectly” means taking an action that is not expressly prohibited for the party Party but is intended to have substantially the same effects as the prohibited action.

Appears in 4 contracts

Sources: Intercreditor Agreement (PRETIUM CANADA Co), Credit Agreement (KAR Auction Services, Inc.), Credit Agreement (Nexstar Broadcasting Group Inc)

No Indirect Actions. Unless otherwise expressly stated, if a party may not take an action under this Agreement, then it may not take that action indirectly, or support any other Person in taking that action directly or indirectly. “Taking an action indirectly” means taking an action that is not expressly prohibited for the party but is intended to have substantially the same effects effect as the prohibited action.

Appears in 2 contracts

Sources: Credit and Guaranty Agreement (Entegris Inc), Credit Agreement (Caseys General Stores Inc)

No Indirect Actions. Unless otherwise expressly stated, if a party hereto may not take an action under this Agreement, then it may not take that action indirectly, or support any other Person in taking that action directly or indirectly. "Taking an action indirectly" means taking an action that is not expressly prohibited for the such party hereto but is intended to have substantially the same effects as the prohibited action.

Appears in 2 contracts

Sources: Intercreditor Agreement (Ocean Rig UDW Inc.), Intercreditor Agreement

No Indirect Actions. Unless otherwise expressly stated, if a party may not take an action under this Agreement, then it may not take that action indirectly, or support any other Person in taking that action directly or indirectly. “Taking an action 168776.01000/150935546v.3 indirectly” means taking an action that is not expressly prohibited for the party but is intended to have substantially the same effects as the prohibited action.

Appears in 1 contract

Sources: Intercreditor Agreement (Nauticus Robotics, Inc.)

No Indirect Actions. Unless otherwise expressly stated, if a party may not take an action under this Agreement, then it may not take that action indirectly, or support any other Person in taking that action directly or indirectly. “Taking an action 168776.01000/150935587v.4 indirectly” means taking an action that is not expressly prohibited for the party but is intended to have substantially the same effects as the prohibited action.

Appears in 1 contract

Sources: Intercreditor Agreement (Nauticus Robotics, Inc.)

No Indirect Actions. Unless otherwise expressly stated, if a party may not take an action under this Agreement, then it may not take that action indirectly, or support any other Person in taking that action directly or indirectly. “Taking an action 168776.01000/150935551v.4 indirectly” means taking an action that is not expressly prohibited for the party but is intended to have substantially the same effects as the prohibited action.

Appears in 1 contract

Sources: Intercreditor Agreement (Nauticus Robotics, Inc.)

No Indirect Actions. Unless otherwise expressly stated, if a party hereto may not take an action under this Agreement, then it may not take that action indirectly, or assist or support any other Person person in taking that action directly or indirectly. “Taking an action indirectly” means includes taking an action that is not expressly prohibited for the party but is intended to have substantially the same effects as the prohibited action.an

Appears in 1 contract

Sources: Intercreditor Agreement (Athenex, Inc.)

No Indirect Actions. Unless otherwise expressly stated, if a party Party may not take an action under this Agreement, then it may not take that action indirectly, or assist or support any other Person in taking that action directly or indirectly. "Taking an action indirectly" means taking an action that is not expressly prohibited for the party Party but is intended to have substantially the same effects as the prohibited action.

Appears in 1 contract

Sources: Intercreditor Agreement (Cal Dive International, Inc.)