Common use of Restricted Payment Clause in Contracts

Restricted Payment. In relation to the Borrower and its Subsidiaries, any ------------------ (a) Distribution or (b) payment or prepayment by the Borrower or its Subsidiaries to the Borrower's shareholders or to any Affiliate of the Borrower or the Borrower's shareholders in their capacity as a shareholder.

Appears in 4 contracts

Samples: Revolving Credit and Term Loan Agreement (Mapics Inc), Revolving Credit and Term Loan Agreement (Mapics Inc), Revolving Credit and Term Loan Agreement (Mapics Inc)

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Restricted Payment. In relation to the Borrower and its Subsidiaries, any ------------------ (a) Distribution or (b) payment or prepayment by the Borrower or its Subsidiaries to (i) the Borrower's ’s or any Subsidiary’s shareholders (or other equity holders), in each case, other than to the Borrower, or (ii) to any Affiliate of the Borrower or any Subsidiary or any Affiliate of the Borrower's ’s or such Subsidiary’s shareholders (or other equity holders), in their capacity as a shareholdereach case, other than to the Borrower.

Appears in 3 contracts

Samples: Assignment and Assumption (CAI International, Inc.), Assignment and Assumption (CAI International, Inc.), Assignment and Assumption (CAI International, Inc.)

Restricted Payment. In relation to the Borrower and its Subsidiaries, any ------------------ (a) Distribution or Distribution, (b) payment or prepayment by the Borrower or its Subsidiaries to the Borrower's or any Subsidiary's shareholders (or other equity holders), in each case, other than to the Borrower, or to any Affiliate of the Borrower or any Subsidiary or any Affiliate of the Borrower's or such Subsidiary's shareholders in their capacity as a shareholder.(or other equity holders) or (c)

Appears in 1 contract

Samples: Revolving Credit Agreement (Timberland Co)

Restricted Payment. In relation to the Borrower and its Subsidiaries, any ------------------ (a) Distribution Distribution, or (b) payment or prepayment by the Borrower or its Subsidiaries to (i) the Borrower's or any Subsidiary's shareholders (or to other equity holders), (ii) any Affiliate of the Borrower or any Subsidiary or any Affiliate of the Borrower's or such Subsidiary's shareholders (or other equity holders), in their capacity as each case other than a shareholderpayment to the Borrower.

Appears in 1 contract

Samples: Multicurrency Revolving Credit Agreement (Lexmark International Inc /Ky/)

Restricted Payment. In relation to the Borrower and its Subsidiaries, any ------------------ (a) any Distribution or (b) any payment or prepayment transfer of property by the Borrower or its Subsidiaries to the Borrower's shareholders Holdings or to any other Affiliate of the Borrower or the Borrower's shareholders in their capacity as a shareholderHoldings.

Appears in 1 contract

Samples: Revolving Credit Agreement (Ameriking Inc)

Restricted Payment. In relation to the Borrower and its Subsidiaries, any ------------------ (a) Distribution or (b) payment or prepayment by the Borrower or its Subsidiaries to the Borrower's shareholders or any Subsidiary to any Affiliate shareholder of the Borrower or to any other Affiliate of a shareholder of the Borrower's shareholders in their capacity as a shareholder.

Appears in 1 contract

Samples: Revolving Credit Agreement (Varian Semiconductor Equipment Associates Inc)

Restricted Payment. In relation As to the Borrower and its Subsidiaries, any ------------------ (a) Distribution or Distribution, (b) any payment or prepayment by the Borrower or its Subsidiaries to the Borrower's shareholders Parent or to any Affiliate of the Borrower or the Parent (other than a payment to a Subsidiary of the Borrower which is a Guarantor or the Borrower's shareholders ) or (c) any payment in their capacity as a shareholderrespect of any Indebtedness which is subordinated in right of payment by its terms to the repayment of the applicable Obligations.

Appears in 1 contract

Samples: Revolving Credit Agreement (Rti Capital Corp)

Restricted Payment. In relation to the Borrower and its Subsidiaries, any ------------------ (a) Distribution or (b) payment or prepayment by the Borrower or its Subsidiaries to the Borrower's shareholders or to any Affiliate of the Borrower or the Borrower's shareholders in their capacity as a shareholdershareholders.

Appears in 1 contract

Samples: Revolving Credit Agreement (Cabot Microelectronics Corp)

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Restricted Payment. In relation to the Borrower and its Subsidiaries, any ------------------ (a) ------------------ any Distribution or (b) any payment or prepayment transfer of property by the Borrower or its Subsidiaries to the Borrower's shareholders Holdings or to any other Affiliate of the Borrower or the Borrower's shareholders in their capacity as a shareholderHoldings.

Appears in 1 contract

Samples: Revolving Credit Agreement (Ameriking Inc)

Restricted Payment. In relation to the Borrower and its Subsidiaries, any ------------------ (a) Distribution or Distribution; (b) any payment by the Borrower on the Management Subscription Notes or prepayment (c) payment by the Borrower or any of its Subsidiaries to the Borrower's shareholders Holdings or to any other Affiliate of the Borrower or Holdings other than payments to Affiliates (other than Holdings) for goods and services in the Borrower's shareholders ordinary course of business on terms equivalent to those obtainable in their capacity as a shareholderarms length transactions.

Appears in 1 contract

Samples: Revolving Credit Agreement (Jordan Telecommunication Products Inc)

Restricted Payment. In relation to the Borrower and its Subsidiaries, any ------------------ (a) Distribution or Distribution, (b) payment or prepayment by the Borrower or its Subsidiaries to the Borrower's ’s or any Subsidiary’s shareholders (or other equity holders), in each case, other than to the Borrower, or to any Affiliate of the Borrower or any Subsidiary or any Affiliate of the Borrower's ’s or such Subsidiary’s shareholders in their capacity as a shareholder(or other equity holders) or (c) Equity Related Purchase Obligation.

Appears in 1 contract

Samples: Revolving Credit Agreement (Timberland Co)

Restricted Payment. In relation to the any Borrower and its Subsidiaries, any ------------------ (a) Distribution or Distribution; and (b) payment by such Borrower or prepayment by any of its Subsidiaries to the Parent or any Affiliate of the Parent or such Borrower or its Subsidiaries to the Borrower's shareholders or other than payments to any Affiliate such Affiliates for goods and services in the ordinary course of the Borrower or the Borrower's shareholders business on terms equivalent to those obtainable in their capacity as a shareholderarms length transactions.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (CMG Information Services Inc)

Restricted Payment. In relation to the Borrower and its Subsidiaries, any ------------------ (a) Distribution or Distribution, (b) any payment or prepayment by the Borrower or its Subsidiaries to the Borrower's shareholders or to any other Affiliate of the Borrower or the Borrower's shareholders (c) any payment in their capacity as a shareholderrespect of any Subordinated Debt.

Appears in 1 contract

Samples: Credit Agreement (Jackson Products Inc)

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