NRGT definition
Examples of NRGT in a sentence
No Subsidiary is a party to, or otherwise subject to any legal, regulatory, contractual or other restriction (other than (i) this Agreement, (ii) customary limitations imposed by corporate law statutes and (iii) in the case of TWCC, the NRGT Documents) restricting the ability of such Subsidiary to pay dividends out of profits or make any other similar distributions of profits to the Borrower or any of its Subsidiaries that owns any Subsidiary Ownership Interests of such Subsidiary.
The Company shall not and shall not permit any of its Subsidiaries to enter into any contract or agreement which restricts in any manner the payment by any Subsidiary of the Company of dividends or distributions to the Company or any other Subsidiary which shall own Equity Interests of such Subsidiary; provided, however, that the Company and TWCC may enter into the NRGT Documents, notwithstanding the potential restrictive effect thereof on the payment of dividends and distributions by TWCC.
The NRGT Supplemental Agreement, and the pledge agreement, the security agreement and the deed of trust, in substantially the respective forms attached as exhibits thereto (collectively, together with the NRGT Supplemental Agreement, the "NRGT Documents") shall be in form and substance satisfactory to the Banks and their special counsel, shall have been executed and delivered by NRGT and each other party thereto and shall be in full force and effect.
No Subsidiary is a party to, or otherwise subject to any legal, regulatory, contractual or other restriction (other than (i) this Agreement, (ii) customary limitations imposed by corporate law statutes and (iii) in the case of TWCC, the NRGT Documents) restricting the ability of such Subsidiary to pay dividends out of profits or make any other similar distributions of profits to the Company or any of its Subsidiaries that owns any Subsidiary Ownership Interests of such Subsidiary.
NRGT Documents shall have the meaning assigned to that term in Section 8.2.4(v).
The Borrower shall not and shall not permit any of its Subsidiaries to enter into any contract or agreement which restricts in any manner the payment by any Subsidiary of the Borrower of dividends or distributions to the Borrower or any other Subsidiary which shall own Equity Interests of such Subsidiary; provided, however, that the Borrower and TWCC may enter into the NRGT Documents, notwithstanding the potential restrictive effects thereof on the payment of dividends and distributions by TWCC.
The NRGT Supplemental Agreement, and the pledge agreement, the security agreement and the deed of trust, in substantially the respective forms attached as exhibits thereto (collectively, together with the NRGT Supplemental Agreement, the “NRGT Documents”) shall be in form and substance satisfactory to the Banks and their special counsel, shall have been executed and delivered by NRGT and each other party thereto and shall be in full force and effect.
The NRGT Supplemental Agreement, and the pledge agreement, the security agreement and the deed of trust, in substantially the respective forms attached as exhibits thereto (collectively, together with the NRGT Supplemental Agreement, the “NRGT Documents”) shall be in form and substance satisfactory to the Purchasers and their special counsel, shall have been executed and delivered by NRGT and each other party thereto and shall be in full force and effect.
NRGT Liens shall mean Liens in favor of NRGT with respect to (i) the assets of TWCC (excluding the Coal Supply Agreement between NRGT and TWCC), (ii) the Subsidiary Shares of TWCC, owned by the Borrower and (iii) the products and proceeds of the property described in the foregoing clauses (i) and (ii).