Financing Restrictions definition
Financing Restrictions means any applicable restrictions under the financing agreement to which the Partnership or any of its Affiliates are a party or any other material contract to which the Partnership or any of its Affiliates are a party which preclude the payment to Participants in cash upon the exercise of a Call Right or a Put Right.
Financing Restrictions. Covenants, conditions and restrictions imposed on the Company under the terms of a financing agreement or arrangement obtained by the Company.
Financing Restrictions means any applicable restrictions under the financing agreement to which the Partnership or any of its subsidiaries and Affiliates are a party or any other material contract to which the Partnership or any of its Affiliates are a
Examples of Financing Restrictions in a sentence
If at any time the Partnership elects to purchase any Units pursuant to Section 4, the Partnership shall pay the purchase price for the Units it purchases by the Partnership’s delivery of a check or wire transfer of immediately available funds for the purchase price, subject to any Financing Restrictions (including maximum dollar limits on the repurchase of Units) and the provisions of Section 4.
Notwithstanding any other provision of this Agreement, distributions shall not be made from the Company in violation of Financing Restrictions.