Common use of Upstream Payment Clause in Contracts

Upstream Payment. a Distribution by a Subsidiary of a Borrower or Subsidiary Guarantor to such Borrower or Subsidiary Guarantor.

Appears in 4 contracts

Sources: Loan Agreement (Capella Healthcare, Inc.), Loan and Security Agreement (Capella Healthcare, Inc.), Loan and Security Agreement (Lawton Surgery Investment Company, LLC)

Upstream Payment. a Distribution by a Subsidiary of a Borrower or Subsidiary Guarantor to such Borrower or to another Subsidiary Guarantorof such Borrower that is an Obligor.

Appears in 3 contracts

Sources: Loan and Security Agreement (Olympic Steel Inc), Loan and Security Agreement (Olympic Steel Inc), Loan and Security Agreement (Olympic Steel Inc)

Upstream Payment. a Distribution by a Subsidiary of a Borrower or Subsidiary Guarantor to such Borrower or Subsidiary Guarantora wholly-owned Subsidiary.

Appears in 2 contracts

Sources: Loan, Guaranty and Security Agreement (Sanmina-Sci Corp), Loan, Guaranty and Security Agreement (Sanmina-Sci Corp)

Upstream Payment. a Distribution by a Subsidiary of a Borrower or Subsidiary Guarantor to such Borrower or such Subsidiary’s parent entity that is also a Subsidiary Guarantorof a Borrower.

Appears in 2 contracts

Sources: Loan and Security Agreement (Movado Group Inc), Loan and Security Agreement (Movado Group Inc)

Upstream Payment. a Distribution by a Subsidiary of a Borrower or Subsidiary Guarantor to such a Borrower or Subsidiary Guarantorany Guarantor (and, if applicable to other holders of its outstanding Equity Interests on a pro rata basis).

Appears in 1 contract

Sources: Loan and Security Agreement (Calix, Inc)

Upstream Payment. a Distribution by a Subsidiary of a Borrower or Subsidiary Guarantor to such Borrower or by a Subsidiary Guarantorof Parent to Parent.

Appears in 1 contract

Sources: Credit Agreement (Covenant Logistics Group, Inc.)