Common use of Restricted Payments and Restricted Investments Clause in Contracts

Restricted Payments and Restricted Investments. The Company will not, and will not permit any of its Restricted Subsidiaries to, declare or make, or incur any liability to declare or make, any Restricted Payment or Restricted Investment unless immediately after giving effect to such action, no Default or Event of Default would exist.

Appears in 2 contracts

Samples: Note Purchase Agreement (Hunt Corp), Note Purchase Agreement (Hunt Manufacturing Co)

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Restricted Payments and Restricted Investments. (a) The Company will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly, or through any Affiliate, declare or make, or incur any liability to declare or make, any Restricted Payment or Restricted Investment unless immediately prior to and after giving effect to such actionthe proposed Restricted Payment or Restricted Investment, no Default or Event of Default would exist.

Appears in 1 contract

Samples: Nordson Corp

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Restricted Payments and Restricted Investments. (a) The Company will not, and will not permit any of its Restricted Subsidiaries to, declare or makedeclare, make or incur any liability to declare or make, make any Restricted Payment or make or authorize any Restricted Investment unless immediately after giving effect to such action, no Default or Event of Default would exist.:

Appears in 1 contract

Samples: Note Purchase Agreement (Sonic Corp)

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