Common use of Clauses Restricting Subsidiary Distributions Clause in Contracts

Clauses Restricting Subsidiary Distributions. Enter into any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to (a) make Restricted Payments in respect of any Capital Stock of such Restricted Subsidiary held by, or pay any Indebtedness owed to, the Borrower or any of its Restricted Subsidiaries or (b) make Investments in the Borrower or any of its Restricted Subsidiaries, except for such encumbrances or restrictions existing under or by reason of or consisting of:

Appears in 8 contracts

Samples: Existing Credit Agreement (Revlon Consumer Products Corp), Lender Joinder Agreement (Revlon Consumer Products Corp), Credit Agreement (Revlon Consumer Products Corp)

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Clauses Restricting Subsidiary Distributions. Enter Except pursuant to the Senior Notes Indenture, enter into any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to to: (ai) make Restricted Payments in respect of any Capital Stock of such Restricted Subsidiary held by, or pay any Indebtedness owed to, Holdings, the Borrower or any of its Restricted Subsidiaries Subsidiary or (bii) make Investments in the Borrower or any of its Restricted SubsidiariesSubsidiary, in either case except for such encumbrances or restrictions existing under or by reason of or consisting of:

Appears in 3 contracts

Samples: Credit Agreement (Engility Holdings, Inc.), Credit Agreement (Engility Holdings, Inc.), Credit Agreement (Engility Holdings, Inc.)

Clauses Restricting Subsidiary Distributions. Enter into any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to (a) make Restricted Payments in respect of any Capital Stock of such Restricted Subsidiary held by, or pay any Indebtedness owed to, the Borrower or any of its Restricted Subsidiaries or (b) make Investments in the Borrower or any of its Restricted Subsidiaries, except for such encumbrances or restrictions existing under or by reason of or consisting of:

Appears in 2 contracts

Samples: Credit Agreement (Revlon Consumer Products Corp), Guarantee and Collateral Agreement (Revlon Consumer Products Corp)

Clauses Restricting Subsidiary Distributions. 205 |US-DOCS\115543490.9|| . Enter into any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to (a) make Restricted Payments in respect of any Capital Stock of such Restricted Subsidiary held by, or pay any Indebtedness owed to, the Borrower or any of its Restricted Subsidiaries or (b) make Investments in the Borrower or any of its Restricted Subsidiaries, except for such encumbrances or restrictions existing under or by reason of or consisting of:

Appears in 1 contract

Samples: Credit Agreement (Revlon Inc /De/)

Clauses Restricting Subsidiary Distributions. Enter into or suffer to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary of the Borrower to (a) pay dividends or make Restricted Payments any other distributions in respect of any Capital Stock of such Restricted Subsidiary held by, or pay any Indebtedness owed to, the Borrower or any other Subsidiary of its Restricted Subsidiaries or the Borrower, (b) make Investments in loans or advances to the Borrower or any of its Restricted Subsidiaries, except for such encumbrances or restrictions existing under or by reason of or consisting of:other Subsidiary

Appears in 1 contract

Samples: Credit Agreement (Selfix Inc /De/)

Clauses Restricting Subsidiary Distributions. Enter into any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to (a) make Restricted Payments in respect of any Capital Stock of such Restricted Subsidiary held by, or pay any Indebtedness owed to, the Borrower or any of its Restricted Subsidiaries or (b) make Investments in the Borrower or any of its Restricted Subsidiaries, except for such encumbrances or restrictions existing under or by reason of or consisting of:: xxxii.this Agreement or any other Loan Documents and under any Intercreditor Agreement, or any other agreement entered into pursuant to any of the foregoing;

Appears in 1 contract

Samples: Brandco Credit Agreement (Revlon Inc /De/)

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Clauses Restricting Subsidiary Distributions. Enter into or suffer to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary of the Borrower to (a) make Restricted Payments in respect of any Capital Stock of such Restricted Subsidiary held by, or pay any Indebtedness owed to, the Borrower or any other Subsidiary of its Restricted Subsidiaries or (b) make Investments in the Borrower or any of its Restricted Subsidiaries, except for such encumbrances or restrictions existing under or by reason of or consisting of:Borrower,

Appears in 1 contract

Samples: Credit Agreement (New World Restaurant Group Inc)

Clauses Restricting Subsidiary Distributions. Enter into or suffer to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary of the Borrower to (a) make Restricted Payments in respect of any Capital Stock of such Restricted Subsidiary held by, or pay any Indebtedness owed to, the Borrower or any of its Restricted Subsidiaries or Group Member, (b) make Investments in the Borrower loans or any of its Restricted Subsidiariesadvances to, except for such encumbrances or restrictions existing under or by reason of or consisting of:other 89 509265-2041-Active.31278172.28

Appears in 1 contract

Samples: Term Loan Credit Agreement (Rent a Center Inc De)

Clauses Restricting Subsidiary Distributions. Enter into or suffer to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to (a) make Restricted Payments in respect of any Capital Stock of such Restricted Subsidiary held by, or pay any Indebtedness owed to, the Borrower or any other Restricted Subsidiary of its Restricted Subsidiaries or the Borrower, (b) make loans or advances to, or other Investments in in, the Borrower or any other Restricted Subsidiary of its Restricted Subsidiaries, except for such encumbrances or restrictions existing under or by reason of or consisting of:the

Appears in 1 contract

Samples: Credit Agreement (On Semiconductor Corp)

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