No Restrictions on Subsidiary Distributions. Except for this Agreement and the Credit Documents, neither the Company nor any Subsidiary shall enter into or be bound by any agreement (including covenants requiring the maintenance of specified amounts of net worth or working capital) restricting the right of any Subsidiary to make Distributions or extensions of credit to the Company (directly or indirectly through another Subsidiary).
Appears in 5 contracts
Samples: Credit Agreement (Transmontaigne Inc), Credit Agreement (Nextera Enterprises Inc), Credit Agreement (Transmontaigne Inc)
No Restrictions on Subsidiary Distributions. Except for this Agreement and the Credit DocumentsDocuments or to the extent required by law, neither the Company nor any Subsidiary shall enter into or be bound by any agreement (including covenants requiring the maintenance of specified amounts of net worth or working capital) restricting the right of any Subsidiary to make Distributions or extensions of credit to the Company (directly or indirectly through another Subsidiary).
Appears in 2 contracts
Samples: Credit Agreement (Racing Champions Corp), Credit Agreement (Racing Champions Corp)
No Restrictions on Subsidiary Distributions. Except for ------------------------------------------- this Agreement and the Credit Documents, neither the Company nor any Subsidiary shall enter into or be bound by any agreement (including covenants requiring the maintenance of specified amounts of net worth or working capital) restricting the right of any Subsidiary to make Distributions or extensions of credit to the Company (directly or indirectly through another Subsidiary).
Appears in 2 contracts
Samples: Credit Agreement (Transmontaigne Oil Co), Credit Agreement (Transmontaigne Inc)
No Restrictions on Subsidiary Distributions. Except for this Agreement and the Credit DocumentsDocuments and the Refinancing Notes, neither the Company nor any Subsidiary shall enter into or be bound by any agreement (including covenants requiring the maintenance of specified amounts of net worth or working capital) restricting the right of any Subsidiary to make Distributions or extensions of credit to the Company (directly or indirectly through another Subsidiary).
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No Restrictions on Subsidiary Distributions. Except for this Agreement Agreement, the Credit Documents and the Credit DocumentsSecurities Purchase Agreements and related documents, neither the Holding Company nor any Subsidiary shall enter into or be bound by any agreement (including covenants requiring the maintenance of specified amounts of net worth or working capital) restricting the right of any Subsidiary to make Distributions or extensions of credit to the Company Borrower (directly or indirectly through another Subsidiary).
Appears in 1 contract
Samples: Credit Agreement (Playcore Inc)
No Restrictions on Subsidiary Distributions. Except for this Agreement and the Credit DocumentsDocuments or as required by applicable law, neither the Company nor any Subsidiary shall enter into or be bound by any agreement (including covenants requiring the maintenance of specified amounts of net worth or working capital) restricting the right of any Subsidiary to make Distributions or extensions of credit to the Company (directly or indirectly through another Subsidiary).
Appears in 1 contract
Samples: Credit Agreement (Marquee Group Inc)
No Restrictions on Subsidiary Distributions. Except for this Agreement and the Credit DocumentsDocuments and the Senior Subordinated Notes, neither the Company nor any Subsidiary shall enter into or be bound by any agreement (including covenants requiring the maintenance of specified amounts of net worth or working capital) restricting the right of any Subsidiary to make Distributions or extensions of credit to the Company (directly or indirectly through another Subsidiary).
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No Restrictions on Subsidiary Distributions. Except for this Agreement restrictions contained in the Credit Documents and the Bank Credit DocumentsFacility, neither the Company nor any Subsidiary shall will enter into or be bound by any agreement (including covenants requiring the maintenance of specified amounts of net worth or working capital) restricting the right of any Subsidiary to make Distributions or extensions of credit to the Company (directly or indirectly through another Subsidiary).
Appears in 1 contract
Samples: Note Agreement (Pioneer Group Inc)
No Restrictions on Subsidiary Distributions. Except for this Agreement and the other Credit Documents, neither the Company nor any Subsidiary shall enter into or be bound by any agreement (including covenants requiring the maintenance of specified amounts of net worth or working capital) restricting the right of any Subsidiary to make Distributions or extensions of credit to the Company Borrower (directly or indirectly through another Subsidiary).
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