Common use of Restricted Junior Payments Clause in Contracts

Restricted Junior Payments. Borrower will not and will not permit any of its Restricted Subsidiaries directly or indirectly to declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except that:

Appears in 3 contracts

Samples: Credit Agreement (Portola Packaging Inc), Credit Agreement (Portola Packaging Inc), Credit Agreement (Portola Packaging Inc)

AutoNDA by SimpleDocs

Restricted Junior Payments. Borrower will not and will not permit any of its Restricted Subsidiaries directly or indirectly to declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except thatPayment except:

Appears in 3 contracts

Samples: Credit Agreement (Aki Holding Corp), Credit Agreement (Aki Holding Corp), Credit Agreement (Aki Inc)

Restricted Junior Payments. Borrower Each Loan Party will not and will not permit any of its Restricted Subsidiaries to directly or indirectly to declare, order, pay, make or set apart any sum for any Restricted Junior Payment; provided, except however, that:

Appears in 3 contracts

Samples: Credit Agreement (D&e Communications Inc), Credit Agreement (D&e Communications Inc), Credit Agreement (D&e Communications Inc)

Restricted Junior Payments. Borrower will not shall not, and will shall not permit any of its Restricted Subsidiaries to, directly or indirectly to indirectly, declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except ; provided that:

Appears in 3 contracts

Samples: Credit Agreement (Isle of Capri Casinos Inc), Security Agreement (Isle of Capri Casinos Inc), Credit Agreement (Isle of Capri Casinos Inc)

Restricted Junior Payments. Borrower The Loan Parties will not not, and will not permit any of its Restricted their respective Subsidiaries to, directly or indirectly to indirectly, declare, order, pay, make or set apart any sum for any Restricted Junior Payment, Payment except thatfor:

Appears in 2 contracts

Samples: Credit Agreement (Shenandoah Telecommunications Co/Va/), Credit Agreement (Shenandoah Telecommunications Co/Va/)

Restricted Junior Payments. Borrower will not shall not, and will shall not permit any of its Restricted Subsidiaries to, directly or indirectly to indirectly, declare, order, pay, make or set apart any sum for any Restricted Junior Payment; provided, except however, that:

Appears in 2 contracts

Samples: Credit Agreement (Winsloew Furniture Inc), Credit Agreement (Winsloew Furniture Inc)

Restricted Junior Payments. Borrower will not and will not permit any of its Restricted Subsidiaries directly or indirectly to declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except that:that Restricted Subsidiaries of Borrower may make Restricted Junior Payments to Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Portola Packaging Inc), Petition Credit Agreement (Portola Packaging Inc)

Restricted Junior Payments. Borrower will not The Borrowers shall not, and will shall not permit any of its Restricted their Subsidiaries to, directly or indirectly to indirectly, declare, order, pay, make or set apart any sinking fund, defeasance fund or other sum for any Restricted Junior Payment, except thatexcept:

Appears in 2 contracts

Samples: Term Loan and Security Agreement (Las Vegas Sands Inc), Term Loan and Security Agreement (Grand Canal Shops Mall Construction LLC)

Restricted Junior Payments. The Borrower will shall not and will shall not permit any of its Restricted Subsidiaries through any manner or means or through any other Person to, directly or indirectly indirectly, declare, order, pay, make or set apart, or agree to declare, order, pay, make or set apart apart, any sum for any Restricted Junior Payment, Payment except that:

Appears in 2 contracts

Samples: Credit Agreement (Leonardo DRS, Inc.), Bridge Credit and Guaranty Agreement (Leonardo DRS, Inc.)

Restricted Junior Payments. (A) Borrower will not and will not permit any of its Restricted Subsidiaries to directly or indirectly to declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except that:

Appears in 2 contracts

Samples: Credit Agreement (Spinnaker Industries Inc), Credit Agreement (Lynch Corp)

Restricted Junior Payments. Borrower will not and will not permit any of its Restricted Subsidiaries directly or indirectly to declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except that:

Appears in 2 contracts

Samples: Credit Agreement (Cherokee International Finance Inc), Credit Agreement (Aki Holding Corp)

Restricted Junior Payments. Borrower will not and will not permit any of its Restricted Subsidiaries directly or indirectly to declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except Payment that:

Appears in 2 contracts

Samples: Credit Agreement (Cherokee International Corp), Credit Agreement (Cherokee International Corp)

Restricted Junior Payments. Borrower will not and will not permit any of its Restricted Subsidiaries Borrowers shall not, directly or indirectly indirectly, make, or agree to declaremake, order, pay, make or set apart any sum for any Restricted Junior PaymentPayments, except thatexcept:

Appears in 2 contracts

Samples: Loan and Security Agreement (Nutritional Sourcing Corp), Loan and Security Agreement (Nutritional Sourcing Corp)

Restricted Junior Payments. Borrower will not shall not, and will shall not permit any of its Restricted Subsidiaries to, directly or indirectly to indirectly, declare, order, pay, make make, or set apart any sum for any Restricted Junior Payment, except that:for, so long as no Event of Default exists or would result therefrom, (a) Permitted Distributions, and (b) Special Restricted Payments.

Appears in 2 contracts

Samples: Credit Agreement (Trammell Crow Co), Credit Agreement (Trammell Crow Co)

Restricted Junior Payments. The Borrower will not shall not, and will it shall not permit any of its Restricted Subsidiaries other Loan Party, through any manner or means or through any other Person to, directly or indirectly to indirectly, declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except thatPayment other than:

Appears in 2 contracts

Samples: Building Term Loan Agreement (Empire Resorts Inc), Revolving Credit Agreement (Empire Resorts Inc)

Restricted Junior Payments. The Borrower will not and will not -------------------------- permit any of its Restricted Subsidiaries directly or indirectly to declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except thatexcept:

Appears in 1 contract

Samples: Loan Agreement (Zefer Corp)

Restricted Junior Payments. Each Borrower will not and will not permit any of its Restricted Subsidiaries to directly or indirectly to declare, order, pay, make or set apart any sum for any Restricted Junior Payment; provided, except however, that:

Appears in 1 contract

Samples: Credit Agreement (Ct Communications Inc /Nc)

Restricted Junior Payments. Borrower will not Borrowers shall not, and will shall not permit any of its Restricted their respective Subsidiaries to, directly or indirectly to indirectly, declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except that:.

Appears in 1 contract

Samples: Possession Credit Agreement (Fruehauf Trailer Corp)

Restricted Junior Payments. Borrower will not and will not permit any of its Restricted Subsidiaries (other than Excluded Subsidiaries) or First Tier Holdings directly or indirectly to declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except that:

Appears in 1 contract

Samples: Credit Agreement (Sunsource Inc)

Restricted Junior Payments. Borrower will not shall not, and will shall not permit any of its Restricted Subsidiaries to, directly or indirectly to indirectly, declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except thatPayment except:

Appears in 1 contract

Samples: Servicing Agreement (Western Publishing Group Inc)

Restricted Junior Payments. Borrower will not shall not, and will shall not permit any of its Restricted Subsidiaries to, directly or indirectly to indirectly, declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except thatexcept:

Appears in 1 contract

Samples: Credit Agreement (Las Vegas Sands Inc)

Restricted Junior Payments. Borrower will not and will not permit any of its Restricted Subsidiaries directly or indirectly to declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except that:that if after giving effect thereto no Default or Event of Default would exist, Borrower may make the following Restricted Junior Payments (without duplication):

Appears in 1 contract

Samples: Credit Agreement (Acorn Products Inc)

Restricted Junior Payments. Borrower will not and will not permit any of its Restricted Subsidiaries directly or indirectly to declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except that:that so long as no Default or Event of Default exists at the time of any such Restricted Junior Payment or would occur after giving effect to any such Restricted Junior Payment and subject to prior FCC approval (to the extent required by law):

Appears in 1 contract

Samples: Loan Agreement (Nassau Broadcasting Corp)

Restricted Junior Payments. No Borrower will, nor will not and will not it permit any of its Restricted Subsidiaries to, directly or indirectly to declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except that:: (a)

Appears in 1 contract

Samples: Loan Agreement (North Face Inc)

Restricted Junior Payments. Borrower will not shall not, and will shall not permit any of its Restricted Subsidiaries to, directly or indirectly to indirectly, declare, order, pay, make make, or set apart any sum for any Restricted Junior Payment, except that:for Permitted Distributions, so long as no Event of Default exists or would result therefrom.

Appears in 1 contract

Samples: Credit Agreement (Trammell Crow Co)

Restricted Junior Payments. Borrower will not not, and will not permit any -------------------------- of its Restricted Subsidiaries to, directly or indirectly to declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except that:: (a)

Appears in 1 contract

Samples: Loan and Security Agreement (North Face Inc)

Restricted Junior Payments. Borrower will shall not and will not permit any of its Restricted Subsidiaries directly declare, order, pay, make or indirectly set apart, or agree to declare, order, pay, make or set apart apart, any sum for any Restricted Junior Payment, except thatPayment except:

Appears in 1 contract

Samples: Credit Agreement (Tiptree Financial Inc.)

Restricted Junior Payments. The Borrower will not not, and will not permit or cause any of its Restricted Subsidiaries to, directly or indirectly indirectly, declare, order, pay, make or set apart, or agree to declare, order, pay, make or set apart apart, any sum for any Restricted Junior Payment, Payment except that:

Appears in 1 contract

Samples: Credit Agreement (Metaldyne Performance Group Inc.)

Restricted Junior Payments. Borrower will not and will not shall not, nor shall it permit any of its Restricted Subsidiaries through any manner or means or through any other Person to, directly or indirectly indirectly, declare, order, pay, make, or set apart, or agree to declare, order, pay, make make, or set apart apart, any sum for any Restricted Junior Payment, except thatPayment except:

Appears in 1 contract

Samples: Credit Agreement (Orbital Energy Group, Inc.)

Restricted Junior Payments. The Borrower will shall not and will shall not permit any of its Restricted Subsidiaries through any manner or means or through any other Person to, directly or indirectly 110 indirectly, declare, order, pay, make or set apart, or agree to declare, order, pay, make or set apart apart, any sum for any Restricted Junior Payment, Payment except that:

Appears in 1 contract

Samples: Credit Agreement (Leonardo DRS, Inc.)

Restricted Junior Payments. Borrower will not and will not permit any of its Restricted Subsidiaries to directly or indirectly to declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except thatexcept:

Appears in 1 contract

Samples: Credit Agreement (First Wave Marine Inc)

AutoNDA by SimpleDocs

Restricted Junior Payments. Company and each other Borrower will not shall not, and will shall not permit any of its Restricted their respective Subsidiaries to, directly or indirectly to indirectly, declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except ; provided that:

Appears in 1 contract

Samples: Credit Agreement (Sybron Dental Specialties Inc)

Restricted Junior Payments. Holdings and Borrower will not shall not, and will shall not permit any of its Restricted their Subsidiaries to, directly or indirectly to indirectly, declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except that:

Appears in 1 contract

Samples: Note Agreement (Newest Mezzaninie Lp)

Restricted Junior Payments. (a) Borrower will not and will not permit any of its Restricted Subsidiaries shall not, directly or indirectly indirectly, make, or agree to declaremake, order, pay, make or set apart any sum for any Restricted Junior Payment, except that:.

Appears in 1 contract

Samples: Loan and Security Agreement (Inyx Inc)

Restricted Junior Payments. The Borrower will shall not and will shall not permit any of its Restricted Subsidiaries directly which are Guarantors to declare or indirectly to declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except thatexcept:

Appears in 1 contract

Samples: Credit Agreement (Dyncorp)

Restricted Junior Payments. Borrower will not shall not, and will shall not permit any of its Restricted Subsidiaries to, directly or indirectly to indirectly, declare, order, pay, make make, or set apart any sum for any Restricted Junior Payment, except that:for, so long as no Event of Default exists or would result therefrom, Permitted Distributions.

Appears in 1 contract

Samples: Credit Agreement (Trammell Crow Co)

Restricted Junior Payments. The Borrower will not and not, nor will not it permit any of its Restricted Subsidiaries to, directly or indirectly to indirectly, declare, order, pay, make or set apart any sum for any Restricted Junior PaymentPayment unless after giving effect thereto, except that:no Default or Event of Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Credit Agreement (Allegheny Energy Inc)

Restricted Junior Payments. The Borrower will not shall not, and will shall not permit any of its Restricted Subsidiaries to, directly or indirectly indirectly, declare, order, pay, make or set apart, or agree to declare, order, pay, make or set apart apart, any sum for any Restricted Junior Payment, Payment except that:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Northstar Realty Finance Corp.)

Restricted Junior Payments. Each Borrower will not and will -------------------------- not permit any of its Restricted Subsidiaries directly or indirectly to declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except that:

Appears in 1 contract

Samples: Credit Agreement (Opinion Research Corp)

Restricted Junior Payments. Borrower will not and will not permit any of its Restricted Subsidiaries directly or indirectly to declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except that:that if after giving effect thereto no Default or Event of

Appears in 1 contract

Samples: Credit Agreement (Acorn Products Inc)

Restricted Junior Payments. The Borrower will not shall not, and will shall not permit any of its Restricted Subsidiaries to, directly or indirectly to indirectly, declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except that:

Appears in 1 contract

Samples: Credit Agreement (McIi Holdings Usa Inc)

Restricted Junior Payments. Borrower will not shall not, and will shall not permit any of its Restricted Subsidiaries to, directly or indirectly to indirectly, declare, order, pay, make order or set apart pay any sum for any Restricted Junior Payment, except that; provided that so long as no Event of Default or Default shall have occurred and be continuing or occurs as a result thereof Borrower may make the following Restricted Junior Payments:

Appears in 1 contract

Samples: Credit Agreement (Eldorado Resorts LLC)

Restricted Junior Payments. Borrower will not not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly to indirectly, declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except that:Payment other than a Restricted Junior Payment made by Borrower to Guarantor or from Guarantor to Borrower.

Appears in 1 contract

Samples: Credit Agreement (Franklin Capital Corp)

Restricted Junior Payments. Holding and Borrower will not not, and will not permit any of its Restricted their respective Subsidiaries to, directly or indirectly to indirectly, declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except thatPayment except:

Appears in 1 contract

Samples: Credit Agreement (Blue Bird Corp)

Restricted Junior Payments. Borrower will not and will not permit any of -------------------------- its Restricted Subsidiaries to directly or indirectly to declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except that:

Appears in 1 contract

Samples: Credit Agreement (MCG Capital Corp)

Restricted Junior Payments. Borrower will not and will not Parent shall not, nor shall it permit any of its Restricted Subsidiaries to, directly or indirectly to indirectly, declare, order, pay, make or set apart any sum for any Restricted Junior Payment, Payment except that:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (P10, Inc.)

Restricted Junior Payments. Borrower will not not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly to declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except that:: (a)

Appears in 1 contract

Samples: Loan and Security Agreement (North Face Inc)

Restricted Junior Payments. Borrower will not and will not permit any of its Restricted Subsidiaries directly or indirectly to declare, order, pay, make or set apart any sum for any Restricted Junior Payment, Payment except that:Subsidiaries of Global may make Restricted Junior Payments with respect to their common stock to the extent necessary to permit Global to pay the Obligations and to pay expenses incurred in the ordinary course of business.

Appears in 1 contract

Samples: Credit Agreement (Global Imaging Systems Inc)

Restricted Junior Payments. Borrower will not and will not permit any of its Restricted Subsidiaries not, directly or indirectly to -------------------------- indirectly, declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except that:.

Appears in 1 contract

Samples: Loan Agreement (Unwired Telecom Corp)

Restricted Junior Payments. The Borrower will shall not and will shall not permit any of its the Restricted Subsidiaries directly to declare or indirectly to declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except thatexcept:

Appears in 1 contract

Samples: Credit Agreement (Fairchild Corp)

Restricted Junior Payments. Borrower will not not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly to indirectly, declare, order, pay, make or set apart any sum for any Restricted Junior Payment, except that:.

Appears in 1 contract

Samples: Credit Agreement (Communication Intelligence Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.