Upstream Limitations. The Borrower will not, nor will it permit any Subsidiary to, enter into any agreement, contract, or arrangement (other than the Credit Agreement and the other Loan Documents) restricting the ability of any Subsidiary to pay or make dividends or distributions in cash or kind, to make loans, advances or other payments of whatsoever nature or to make transfers or distributions of all or any part of its assets to the Borrower.
Appears in 2 contracts
Sources: Revolving Credit and Term Loan Agreement (Western Digital Corp), Revolving Credit and Term Loan Agreement (Western Digital Corp)
Upstream Limitations. The Borrower will not, nor will it the Borrower -------------------- permit any Subsidiary to, of its Subsidiaries to enter into any agreement, contract, contract or arrangement (other than the Credit Agreement and the other Loan Documents) restricting the ability of any Subsidiary to pay or make dividends or distributions in cash or kind, to make loans, advances or other payments of whatsoever nature or to make transfers or distributions of all or any part of its assets to the BorrowerBorrower or to any Subsidiary of such Subsidiary is a Subsidiary.
Appears in 1 contract
Sources: Revolving Credit and Acquisition Loan Agreement (Jackson Products Inc)
Upstream Limitations. The Borrower Borrowers will not, nor and will it not permit -------------------- any Subsidiary of its Subsidiaries to, enter into any agreement, contract, contract or arrangement (other than the Credit Agreement and the other Loan Documents) restricting the ability of any Subsidiary to pay or make dividends or distributions in cash or kind, to make loans, advances or other payments of whatsoever nature or to make transfers or distributions of all or any part of its assets (other than as permitted by (S)8.2 hereof) to the BorrowerBorrower or any of its Subsidiaries.
Appears in 1 contract
Sources: Revolving Credit Agreement (Answer Think Consulting Group Inc)
Upstream Limitations. The Borrower will not, nor and will it not permit any Subsidiary of its Subsidiaries to, enter into any agreement, contract, contract or arrangement (other than the Credit Agreement and the other 50 -44- Loan Documents) restricting the ability of any Subsidiary to pay or make dividends or distributions in cash or kindkind to the Borrower, to make loans, advances or other payments of whatsoever nature to the Borrower, or to make transfers transfer or distributions of all or any part of its assets to the Borrower.
Appears in 1 contract
Sources: Revolving Credit Agreement (Cabot Microelectronics Corp)
Upstream Limitations. The Borrower will not, nor will it the Borrower permit any Subsidiary to, of its Subsidiaries to enter into any agreement, contract, contract or arrangement (other than the Credit Agreement and the other Loan Documents) restricting the ability of any Subsidiary to pay or make dividends or distributions in cash or kind, to make loans, advances or other payments of any nature whatsoever nature or to make transfers or distributions of all or any part of its assets to the BorrowerBorrower or to any Subsidiary of such Subsidiary.
Appears in 1 contract
Sources: Revolving Credit Agreement (Connectivity Technologies Inc)
Upstream Limitations. The Borrower will not, nor will it the Borrower -------------------- permit any Subsidiary to, of its Subsidiaries to enter into any agreement, contract, contract or arrangement (other than the Credit Agreement and the other Loan Documents) restricting the ability of any Subsidiary to pay or make dividends or distributions in cash or kindkind to the Borrower or to any Subsidiary, to make loans, advances or other payments of whatsoever nature to the Borrower or to any Subsidiary or to make transfers transfer or distributions of all or any part of its assets to the BorrowerBorrower or to any Subsidiary of such Subsidiary.
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (Petro Stopping Centers L P)
Upstream Limitations. The Borrower will not, nor will it the Borrower permit any Subsidiary to, of its Subsidiaries to enter into any agreement, contract, contract or arrangement (other than the this Credit Agreement and the other Loan Documents) restricting the ability of any Subsidiary to pay or make dividends or distributions in cash or kind, to make loans, advances or other payments of 85 -77- whatsoever nature or to make transfers or distributions of all or any part of its assets to the BorrowerBorrower or to any Subsidiary of which such Subsidiary is a Subsidiary.
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (Aviall Inc)