Common use of No Restrictions on Subsidiary Distributions Clause in Contracts

No Restrictions on Subsidiary Distributions. Except for this Agreement and the Credit Documents, neither the Borrower nor any of its Subsidiaries 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 Borrower (directly or indirectly through another Subsidiary).

No Restrictions on Subsidiary Distributions. Except for this Agreement and the Credit Documents, neither none of the Borrower nor any of its Subsidiaries Borrowers 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 Borrower to make Distributions or extensions of credit to the any other Borrower (directly or indirectly through another SubsidiaryBorrower).

No Restrictions on Subsidiary Distributions. Except for ------------------------------------------- this Agreement and ad the Credit Documents, neither the Borrower nor any of its Subsidiaries 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 Borrower (directly or indirectly through another Subsidiary).

No Restrictions on Subsidiary Distributions. Except for this Agreement and the other Credit Documents, neither the Borrower nor any of its Subsidiaries 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 Borrower (directly or indirectly through another Subsidiary).