Restrictive Provisions definition

Restrictive Provisions means the Non-Competition Provisions and the Non-Solicitation Provisions.

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Restrictive Provisions has the meaning set forth in Section 5.28(d).

Restrictive Provisions means (a) any financial covenant set forth in Section 7.1, including any associated prepayment or similar obligations due to extensions of credit made on or after the Closing Date exceeding the Maximum Permitted Outstanding Amount (other than as a result of (i) a borrowing that, at the time incurred (other than on the Closing Date), exceeded the Maximum Permitted Outstanding Amount or (ii) an incurrence of Indebtedness or a sale or transfer of assets that, on a pro forma basis as of the date of such incurrence, sale or transfer, was not in compliance with Section 7.1 (each of which such matters shall be governed by the immediately following clause (b)) and (b) any other representation, covenant or event of default under the Loan Documents; provided that solely in the case of clause (b), the applicable default under such provision shall have occurred inadvertently and solely in the case of clause (b) (and with respect to item (i) below, clause (a)), such default would not (i) impair the enforceability of the Loan Documents, (ii) materially impair the ability of any Borrower to repay the obligations under the Loan Documents when due, (iii) materially diminish the credit quality of the Loan Parties or, taken as a whole, the Parent Borrower and its subsidiaries or (iv) materially impair the value of or benefit obtained from the Collateral from the perspective of the Lenders taken as a whole.

Examples of Restrictive Provisions in a sentence

The obligations of TEC under the Restrictive Provisions set forth in Article II of this Agreement may not be delegated by TEC to any Person.
Upon the expiration or termination of the Suspension Period, each of the Restrictive Provisions shall be calculated and tested and the Parent Borrower and each Subsidiary shall be required to comply with each Restrictive Provision.
If any of the Restrictive Provisions is found by any court of competent jurisdiction to be unenforceable because it extends for too long a period of time, over too great a range of activities, or in too broad a geographic area, it shall be interpreted to extend only over the maximum period of time, range of activities, or geographic area as to which it may be enforceable.
Such Restrictive Covenants, and the applicable Contemplated Actions that would contravene such Restrictive Provisions, are more particularly described in Exhibit A attached hereto.
SECTION 7.1 Subject to the Restrictive Provisions and applicable law, the Corporation may by agreement with any holder of the Exchangeable Shares repurchase such shares from time to time at a purchase price and on such terms and conditions as are mutually agreed between the parties.
The Employee further acknowledges that, given the nationwide character of the Company's business, the Restrictive Provisions and their geographic area and duration are reasonable.
Except as otherwise provided in Section 9.24 (Absence of Restrictive Provisions), the Company will not, and will not permit any of its Subsidiaries to, agree with any Person, to restrict or place limitations on the right of the Company or any of its Subsidiaries to create, incur, assume or permit to exist any Lien on or with respect to any property or asset of the Company or any of its Subsidiaries except such restrictions and limitations as are set forth in the Senior Subordinated Indenture.
This Agreement shall terminate automatically if the Closing Date has not occurred within two years after the date of this Agreement.
Except as otherwise provided in Section 10.24 (Absence of Restrictive Provisions), the Company will not, and will not permit any of its Subsidiaries to, agree with any Person, to restrict or place limitations on the right of the Company or any of its Subsidiaries to create, incur, assume or permit to exist any Lien on or with respect to any property or asset of the Company or any of its Subsidiaries except such restrictions and limitations as are set forth in the Senior Subordinated Indentures.
The Customers agree to promptly deliver a copy of any such Permitted Metals Agreement with an Approved Consignor to the Metal Lenders (with pricing terms redacted) and, at no expense to the Metal Lenders, to promptly enter into an amendment to this Agreement to reflect the More Restrictive Provisions.

More Definitions of Restrictive Provisions

Restrictive Provisions means any provisions in the Contracts to which a Group Company is a party that restricts the ability of any Group Company or any other Person to conduct or engage in any business or activity with Alibaba or any of its Affiliates.

Restrictive Provisions means any provisions in the Incumbent’s

Restrictive Provisions is defined in Section 3.16(a)(iii).

Restrictive Provisions means the provisions of Section 7.01 or any other provision restricting the sale, pledge or right to dispose of assets in the Loan Documents or any other restriction contained in any agreement or instrument between the Borrower and any Lender or Affiliate of any Lender relating to Indebtedness and within the scope of Section 8.01(e).

Restrictive Provisions. : means (a) any financial covenant set forth in Section 7.1, including any associated prepayment or similar obligations due to extensions of credit made on or after the Closing Date exceeding the Maximum Permitted Outstanding Amount (other than as a result of (i) a borrowing that, at the time incurred (other than on the Closing Date), exceeded the Maximum Permitted Outstanding Amount or (ii) an incurrence of Indebtedness or a sale or transfer of assets that, on a pro forma basis as of the date of such incurrence, sale or transfer, was not in compliance with Section 7.1 (each of which such matters shall be governed by the immediately following clause (b)) and (b) any other representation, covenant or event of default under the Loan Documents; provided that solely in the case of clause (b), the applicable default under such provision shall have occurred inadvertently and solely in the case of clause (b) (and with respect to item (i) below, clause (a)), such default would not (i) impair the enforceability of the Loan Documents,