Common use of No Material Adverse Change; No Restricted Payments Clause in Contracts

No Material Adverse Change; No Restricted Payments. Since December 31, 1997, no event or change has occurred that has caused or evidences, either individually or in the aggregate, a Material Adverse Effect. Since December 31, 1997, the Borrower has not directly or indirectly declared, ordered, paid or made or set apart any sum or property for any Restricted Payment or agreed so to do, except as permitted by subsection 6.6.

Appears in 2 contracts

Samples: Credit Agreement (Paxson Communications Corp), Credit Agreement (Paxson Communications Corp)

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No Material Adverse Change; No Restricted Payments. Since December 31, 19971996, no event or change has occurred that has caused or evidences, either individually or in the aggregate, a Material Adverse Effect. Since December 31, 19971996, the Borrower has not directly or indirectly declared, ordered, paid or made or set apart any sum or property for any Restricted Payment or agreed so to do, except as permitted by subsection 6.66.5.

Appears in 1 contract

Samples: Paxson Pledge Agreement (Paxson Communications Corp)

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No Material Adverse Change; No Restricted Payments. Since December 31, 19972003, no event or change has occurred that has caused or evidences, or could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect. Since December 31, 1997, Neither the Borrower has not nor any of its Subsidiaries has, directly or indirectly indirectly, declared, ordered, paid or made made, or set apart any sum or property for for, any Restricted Payment or agreed so to dodo so, except as permitted by subsection 6.6Section 6.5.

Appears in 1 contract

Samples: Credit Agreement and Guaranty (Hospira Inc)

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