Common use of Restricted Payments; Certain Payments of Indebtedness Clause in Contracts

Restricted Payments; Certain Payments of Indebtedness. (a) None of Holdings, the Borrower or any other Restricted Subsidiary will declare or pay or make, directly or indirectly, any Restricted Payment, or incur any obligation (contingent or otherwise) to do so, except that:

Appears in 3 contracts

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

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Restricted Payments; Certain Payments of Indebtedness. (a) None of Holdings, the Borrower or any other Restricted Subsidiary will declare or pay or make, directly or indirectly, any Restricted Payment, or incur any obligation (contingent or otherwise) to do soso (other than dividends and distributions on Equity Interests payable solely by the issuance of additional Equity Interests (other than Disqualified Equity Interests) of the person paying such dividends or distributions), except that, without duplication:

Appears in 3 contracts

Samples: Credit Agreement (PetroLogistics LP), Credit Agreement (PetroLogistics LP), Credit Agreement (PetroLogistics LP)

Restricted Payments; Certain Payments of Indebtedness. (a) None of Holdings, the Borrower or any other Restricted Subsidiary will declare or pay or make, directly or indirectly, any Restricted Payment, or incur any obligation (contingent or otherwise) to do so, except that:

Appears in 2 contracts

Samples: Credit Agreement (Aspen Technology Inc /De/), Collateral Agreement (Aspen Technology Inc /De/)

Restricted Payments; Certain Payments of Indebtedness. (a) None of Holdings, the Borrower or any other Restricted Subsidiary The Parent and its Subsidiaries will not declare or pay or make, directly or indirectlyagree to pay, any Restricted Paymentdividend or distribution in respect of their Equity Interests, or incur any obligation (contingent payment on account of the purchase, redemption, retirement, acquisition, cancellation, termination or otherwise) amendment in respect of such Equity Interests, including any sinking fund payment or similar deposit, or any option, warrant or other rights to do soacquire any such Equity Interests, except thatexcept:

Appears in 2 contracts

Samples: Credit Agreement (Pfsweb Inc), Credit Agreement (Pfsweb Inc)

Restricted Payments; Certain Payments of Indebtedness. (ai) None of HoldingsThe Borrower will not, the Borrower or and will not permit any other Restricted Subsidiary will to, declare or make, or agree to pay or make, directly or indirectly, any Restricted Payment, or incur any obligation (contingent or otherwise) to do so, except that:that (A) the Borrower may declare and pay dividends with respect to its Equity Interests payable solely in additional Equity Interests (other than Disqualified Stock) of the Borrower, (B) any Restricted

Appears in 1 contract

Samples: Credit Agreement (Energizer Holdings, Inc.)

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Restricted Payments; Certain Payments of Indebtedness. (a) None of Holdings, the Borrower or any other Restricted Subsidiary will declare or make, or agree to pay or make, directly or indirectly, any Restricted Payment, or incur any obligation (contingent or otherwise) to do so, except that:

Appears in 1 contract

Samples: Credit Agreement (GFI Software S.A.)

Restricted Payments; Certain Payments of Indebtedness. (a) None The Borrower will not, and will not permit any of Holdingsits Subsidiaries to, the Borrower or any other Restricted Subsidiary will declare or make, or agree to pay or make, directly or indirectly, any Restricted Payment, Payment or incur any obligation obligation, (contingent or otherwise) to do so, except that:(a) the Borrower may declare and pay dividends with respect to its capital stock payable solely in additional shares of its common stock and (b) Subsidiaries may declare and pay dividends to the Borrower or any Guarantor.

Appears in 1 contract

Samples: Credit Agreement (Pegasus Systems Inc)

Restricted Payments; Certain Payments of Indebtedness. (a) None of HoldingsThe Parent Borrower will not, the Borrower or and will not permit any other Restricted Subsidiary will to, declare or make, or agree to pay or make, directly or indirectly, any Restricted Payment, or incur any obligation (contingent or otherwise) to do so, except that:(i) the Subsidiaries may declare and pay dividends ratably with respect to their Equity Interests, and (ii) the Parent Borrower may declare and pay dividends with respect to its common stock payable solely in additional shares of its common stock.

Appears in 1 contract

Samples: Senior Unsecured Credit Agreement (Mac-Gray Corp)

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