Restricted Payment. Restricted Payment shall mean any payment (whether in cash, securities or other property) to or for the benefit of any Affiliate of the Company or any of its Subsidiaries in respect of any Indebtedness owed by or other obligation of the Company or such Subsidiary to such Affiliate.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Eloquent Inc), Securities Purchase Agreement (Buffalo Wild Wings Inc)
Restricted Payment. Restricted Payment shall mean means any payment (whether either in cash, securities cash or other property) in property to or for the benefit of any Affiliate of the Company or any of its Subsidiaries in respect of any Indebtedness owed by or other obligation of the Company or such Subsidiary to such Affiliate, other than any payments specifically excluded from Restricted Payments by other Sections of this Agreement.
Appears in 1 contract
Sources: Securities Purchase Agreement (Bpi Packaging Technologies Inc)
Restricted Payment. Restricted Payment shall mean any payment (whether in cash, securities or other property) to or for the benefit of any Affiliate of the Company or any of its Subsidiaries in respect of any Indebtedness (other than Subordinated Debt) owed by or other obligation of the Company or such Subsidiary to such Affiliate.
Appears in 1 contract
Sources: Securities Purchase and Loan Agreement (National Investment Managers Inc.)
Restricted Payment. Restricted Payment shall mean any payment (whether in cash, securities or other property) to or for the benefit of any Affiliate of the Company or any of its Subsidiaries in respect of any Indebtedness owed by or other obligation of the Company or such Subsidiary to such Affiliate.
Appears in 1 contract
Sources: Securities Purchase Agreement (Meade Instruments Corp)
Restricted Payment. Restricted Payment shall mean means any payment (whether either in cash, securities cash or other property) in property to or for the benefit of any Affiliate of the Company or any of its Subsidiaries in respect of any Indebtedness owed by or other obligation of the Company or such Subsidiary to such Affiliate, other than any payments specifically excluded from Restricted Payments by other Sections of this Agreement. Restricted Securities. See Section 14.1.
Appears in 1 contract
Sources: Securities Purchase Agreement (Bpi Packaging Technologies Inc)