Restrictions on Action Sample Clauses

Restrictions on Action. If any Necessary Action will affect any of the Building Systems, the structural integrity of the Building, or the exterior appearance of the Building, Lessee shall use only those contractors used by Lessor in the Building for work on the Building Systems, or its structure, and Lessor shall provide Lessee (when available and upon Lessee’s request) with notice identifying such contractors and any changes to the list of such contractors, unless such contractors are unwilling or unable to perform such work or the cost of such work is not competitive, in which event Lessee may utilize the services of any other qualified contractors which normally and regularly performs similar work in the Comparable Buildings except for any contractors who Lessor specifically notifies Lessee in writing within five (5) business days of Lessor’s receipt of a Repair Notice or one (1) business days of Lessor’s receipt of an Emergency Notice that Lessee may not use for such work (which notice shall specify the commercially reasonable reasons for Lessor’s not allowing Lessee to use such contractor.)
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Restrictions on Action. Subject to the terms and conditions set forth below in this subsection (e), the Junior Creditors shall not take any “Action,” as defined in subsection (f) below, until the earliest of:
Restrictions on Action. Notwithstanding any other provision of this ---------------------- Agreement or any other provision of law that otherwise so empowers the Company to the contrary, until the date on which all obligations of the Company under the Mortgage and the Loan are indefeasibly and fully satisfied, the Company shall not do any of the following:
Restrictions on Action. Until the Senior Indebtedness is paid in full no Subordinated Creditor or Third Trustee shall take any action to collect any of the Subordinated Indebtedness or exercise any of the remedies with respect to any of the SUBORDINATION AGREEMENT (Junior) Subordinated Indebtedness set forth in any of the Subordinated Credit Instruments or that otherwise may be available to such Subordinated Creditor or Third Trustee, either at law or in equity, provided that (i) in the event Issuer's Obligations are accelerated pursuant to Section 5.2 of the New Restructured Second Secured PIK Note Indenture, such Subordinated Creditor or Third Trustee may accelerate the Subordinated Indebtedness, and (ii) in the event of any Proceeding not initiated by any Subordinated Creditor or Third Trustee, subject to Section 2.3, such Subordinated Creditor or Third Trustee may participate in such Proceeding .
Restrictions on Action. 1. Any such Required Action taken by Tenant in accordance with this Section shall be contracted for only through Landlord's contractors that provided any then outstanding warranties with respect to the roof or windows in the Building, as applicable, or, if none, then through contractors that will not adversely impact any warranties affecting the Building. Any work performed by Tenant or its contractors in connection with the Required Action shall be performed in a manner so as to impact as little as possible any warranties affecting the Building. If any such work by Tenant or its contractors will void any warranties affecting the Building, then Tenant shall not be permitted to take the Required Action, unless approved by Landlord in writing, which approval shall not be unreasonably withheld, conditioned or delayed.
Restrictions on Action. Until the Senior Indebtedness is paid in full no Subordinated Creditor or Trustee shall take any action to collect any of the Subordinated Indebtedness or exercise any of the remedies with respect to any of the Subordinated Indebtedness set forth in any of the Subordinated Credit Instruments or that otherwise may be available to such Subordinated Creditor or Trustee, either at law or in equity, provided that (i) in the event Borrower's Obligations are accelerated pursuant to Section 8.2 of the Loan Agreement, such Subordinated Creditor or Trustee may accelerate the Subordinated Indebtedness, (ii) in the event of any Proceeding not initiated by any Subordinated Creditor or Trustee, subject to Section 2.3, such Subordinated Creditor or Trustee may participate in such Proceeding and (iii) any Subordinated Creditor or Trustee may exercise its rights to convert its shares of the Class C Common Stock of Borrower to Class A Common Stock of Borrower to the extent permitted by the Amended and Restated Articles of Incorporation of Borrower as in effect on the date hereof.
Restrictions on Action. The Owner Trustee shall not take any action (a) that is inconsistent with the purposes set forth in Section 2.03 hereof, (b) that would result in the Issuer being treated as an association taxable as a corporation for federal income tax purposes, (c) if the Owner Trustee has been notified that such action would cause any of the Rating Agencies to downgrade its rating of any class of the Notes or (d) to cause or to consent to the filing of a petition in bankruptcy against the Issuer for any reason until at least 367 days after payment in full of all the Notes, and the Transferor shall not direct the Owner Trustee to take any such action. The Owner Trustee shall be under no obligation to exercise any of its rights or powers vested in it hereunder if the Bank reasonably concludes that the security and indemnity provided for in Article X of this Agreement is not, at such time, adequate to cover all reasonable liabilities, fees, costs, expenses (including outside attorneys' fees) and related charges which are likely to be incurred in connection with the taking of such action; PROVIDED, HOWEVER, that the decision of the Owner Trustee to refrain from taking any such action shall not be construed to relieve the Issuer of any of its obligations under the Notes.
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Restrictions on Action. Subject to the terms and conditions set forth below in this subsection (e), EBW shall not take any “Action,” as defined in subsection (f) below, until the earliest of:

Related to Restrictions on Action

  • Restrictions on U.S Transfers. Transfers of interests in the Regulation S Global Security to U.S. persons (as defined in Regulation S) shall be limited to transfers made pursuant to the provisions of Section 3.03(h)(C).

  • Restrictions on Sale This Debenture has not been registered under the Securities Act of 1933, as amended (the "Act") and is being issued under Section 4(2) of the Act and Rule 506 of Regulation D promulgated under the Act. This Debenture and the Common Stock issuable upon the conversion thereof may only be sold pursuant to registration under or an exemption from the Act.

  • Restrictions on Use Licensee is not permitted to make any use of the Licensed Marks in connection with products or services other than the Sprint PCS Products and Services, and as specifically authorized in Sections 1.1(b) above with respect to Related Equipment and Premium and Promotional Items, nor to make any use of the Licensed Marks directed outside of the Service Area.

  • Restrictions on Lobbying The subrecipient shall not use funds made available to it under this Agreement to pay for, influence, or seek to influence any officer or employee of a State or Federal government.

  • Restrictions on Liens The Servicer shall not (A) create, incur or suffer to exist, or agree to create, incur or suffer to exist, or consent to cause or permit in the future (upon the happening of a contingency or otherwise) the creation, incurrence or existence of any Lien or restriction on transferability of the Receivables except for the Lien in favor of the Trust Collateral Agent for the benefit of the Noteholders and the restrictions on transferability imposed by this Agreement or (B) sign or file under the Uniform Commercial Code of any jurisdiction any financing statement which names AmeriCredit or the Servicer as a debtor, or sign any security agreement authorizing any secured party thereunder to file such financing statement, with respect to the Receivables, except in each case any such instrument solely securing the rights and preserving the Lien of the Trust Collateral Agent, for the benefit of the Noteholders.

  • Restrictions on Testing If the Engineer will perform commercial laboratory testing under this contract, on any project the Engineer may not perform more than one of the following types of testing:

  • Restrictions on Resale The Awardee agrees not to sell any Shares at a time when Applicable Laws, Company policies, or an agreement between the Company and its underwriters prohibit a sale. This restriction shall apply as long as the Awardee is a Service Provider and for such period after the Awardee's Termination of Service as the Administrator may specify.

  • Restrictions on Holders Each Holder agrees by acquisition of a Transfer Restricted Security that, upon receipt of the notice referred to in Section 6(c)(iii)(C) or any notice from the Company of the existence of any fact of the kind described in Section 6(c)(iii)(D) hereof (in each case, a "SUSPENSION NOTICE"), such Holder will forthwith discontinue disposition of Transfer Restricted Securities pursuant to the applicable Registration Statement until (i) such Holder has received copies of the supplemented or amended Prospectus contemplated by Section 6(c)(iv) hereof, or (ii) such Holder is advised in writing by the Company that the use of the Prospectus may be resumed, and has received copies of any additional or supplemental filings that are incorporated by reference in the Prospectus (in each case, the "RECOMMENCEMENT DATE"). Each Holder receiving a Suspension Notice hereby agrees that it will either (i) destroy any Prospectuses, other than permanent file copies, then in such Holder's possession which have been replaced by the Company with more recently dated Prospectuses or (ii) deliver to the Company (at the Company's expense) all copies, other than permanent file copies, then in such Holder's possession of the Prospectus covering such Transfer Restricted Securities that was current at the time of receipt of the Suspension Notice. The time period regarding the effectiveness of such Registration Statement set forth in Section 3 or 4 hereof, as applicable, shall be extended by a number of days equal to the number of days in the period from and including the date of delivery of the Suspension Notice to the date of delivery of the Recommencement Date.

  • Restrictions on Shares The shares of Common Stock issuable upon exercise of this Warrant may not be sold or transferred unless (i) they first shall have been registered under the Securities Act and applicable state securities laws, (ii) the Corporation shall have been furnished with an opinion of legal counsel (in form, substance and scope customary for opinions in such circumstances) to the effect that such sale or transfer is exempt from the registration requirements of the Securities Act or (iii) they are sold under Rule 144 under the Act. Except as otherwise provided in the Securities Purchase Agreement, each certificate for shares of Common Stock issuable upon exercise of this Warrant that have not been so registered and that have not been sold under an exemption that permits removal of the legend, shall bear a legend substantially in the following form, as appropriate: THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES. THE SECURITIES REPRESENTED HEREBY MAY NOT BE OFFERED, SOLD OR TRANSFERRED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES UNDER APPLICABLE SECURITIES LAWS UNLESS OFFERED, SOLD OR TRANSFERRED UNDER AN AVAILABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THOSE LAWS. Upon the request of a holder of a certificate representing any shares of Common Stock issuable upon exercise of this Warrant, the Corporation shall remove the foregoing legend from the certificate and issue to such holder a new certificate therefor free of any transfer legend, if (i) with such request, the Corporation shall have received either (A) an opinion of counsel, in form, substance and scope customary for opinions in such circumstances, to the effect that any such legend may be removed from such certificate, or (B) satisfactory representations from Holder that Holder is eligible to sell such security under Rule 144 or (ii) a registration statement under the Securities Act covering the resale of such securities is in effect. Nothing in this Warrant shall (i) limit the Corporation's obligation under the Registration Rights Agreement, or (ii) affect in any way Holder's obligations to comply with applicable securities laws upon the resale of the securities referred to herein.

  • Restrictions on Assignments Except as specifically provided herein, the Borrower may not assign any of its rights or obligations hereunder or any interest herein without the prior written consent of the Agent and the Majority Lenders in their respective sole discretion and any attempted assignment in violation of this Section 15.1 shall be null and void.

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