Common use of Subsidiary Dividend Restrictions Clause in Contracts

Subsidiary Dividend Restrictions. The Borrower will not, nor will it permit any Material Subsidiary to, become a party to any agreement prohibiting or restricting the ability of such Material Subsidiary to declare or pay dividends to the Borrower, except as disclosed in Schedule 5.13, other than prohibitions or restrictions in connection with a Permitted Receivables Securitization.

Appears in 12 contracts

Samples: Credit Agreement (Idaho Power Co), Credit Agreement (Idaho Power Co), Credit Agreement (Idaho Power Co)

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Subsidiary Dividend Restrictions. The Borrower will not, nor will it permit any Material Subsidiary to, become a party to any agreement prohibiting or restricting the ability of such Material Subsidiary to declare or pay dividends to the Borrower, except as disclosed in Schedule 5.135.12, other than prohibitions or restrictions in connection with a Permitted Receivables Securitization.

Appears in 7 contracts

Samples: Term Loan Credit Agreement, Credit Agreement (Idacorp Inc), Credit Agreement (Idacorp Inc)

Subsidiary Dividend Restrictions. The Borrower will not, nor will it permit any Material Subsidiary to, become to be a party to any agreement prohibiting or restricting the ability of such Material Subsidiary to declare or pay dividends to the Borrower, except as disclosed in Schedule 5.135.12, other than prohibitions or restrictions in connection with a Permitted Receivables Securitization.

Appears in 2 contracts

Samples: Credit Agreement (Idaho Power Co), Credit Agreement (Idaho Power Co)

Subsidiary Dividend Restrictions. . The Borrower will not, nor will it permit any Material Subsidiary to, become a party to any agreement prohibiting or restricting the ability of such Material Subsidiary to declare or pay dividends to the Borrower, except as disclosed in Schedule 5.134.12, other than prohibitions or restrictions in connection with a Permitted Receivables Securitization.

Appears in 1 contract

Samples: Credit Agreement (Idacorp Inc)

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Subsidiary Dividend Restrictions. . The Borrower will not, nor will it permit any Material Subsidiary to, become a party to any agreement prohibiting or restricting the ability of such Material Subsidiary to declare or pay dividends to the Borrower, except as disclosed in Schedule 5.135.12, other than prohibitions or restrictions in connection with a Permitted Receivables Securitization.

Appears in 1 contract

Samples: Credit Agreement (Idacorp Inc)

Subsidiary Dividend Restrictions. The Borrower will not, nor will it permit any Material Subsidiary to, become a party to any agreement prohibiting or restricting the ability of such Material Subsidiary to declare or pay dividends to the Borrower, except as disclosed in 77 15484836v115484836v9 Schedule 5.13, other than prohibitions or restrictions in connection with a Permitted Receivables Securitization.

Appears in 1 contract

Samples: Credit Agreement (Idaho Power Co)

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