Restricted Distributions and Redemptions. The Borrowers shall not redeem, convert, retire or otherwise acquire shares of any class of its capital stock, or make any Distributions, except that any Borrower may make Distributions to another Borrower. In addition, the Borrowers shall not effect or permit any change in or amendment to any document or instrument pertaining to the terms of any Borrower's capital stock. Notwithstanding the foregoing, no Borrower shall make any Distribution under this Section 7.6 if a Default or Event of Default exists or would be created by the making of such Distribution.
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Samples: Revolving Credit Agreement (Waste Connections Inc/De), Revolving Credit Agreement (Waste Connections Inc/De), Revolving Credit Agreement (Waste Connections Inc/De)
Restricted Distributions and Redemptions. The Borrowers shall not redeem, convert, retire or otherwise acquire shares of any class of its capital stockstock or other equity interest, or make any Distributions, except that any Borrower may make Distributions to another Borrower. In addition, the Borrowers shall not effect or permit any change in or amendment to any document or instrument pertaining to the terms of any Borrower's capital stockstock or other equity interest. Notwithstanding the foregoing, no Borrower shall make any Distribution under this Section 7.6 ss.7.6 if a Default or Event of Default exists or would be created by the making of such Distribution.
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