Common use of Upstream Payment Clause in Contracts

Upstream Payment. any Subsidiary of Borrower may declare and pay dividends or make other distributions to Borrower or any other Obligor and any Subsidiary of Borrower that is not an Obligor may declare and pay dividends or make other distributions to any other Subsidiary of Borrower that is not an Obligor;

Upstream Payment. any Subsidiary of Borrower may declare and pay dividends or make other distributions to Borrower or any other Obligor Obligor< and any Subsidiary of Borrower that is not an Obligor may declare and pay dividends or make other distributions to any other Subsidiary of Borrower that is not an Obligor>;