Dividends and Other Restricted Payments. Each of the Parent and the Borrower shall not, and shall not permit any of its Subsidiaries to, declare or make any Restricted Payment; provided, however, that each of the Parent, the Borrower and its Subsidiaries may declare and make the following Restricted Payments so long as no Default or Event of Default is continuing or would result therefrom:
Appears in 3 contracts
Samples: Credit Agreement (Tier Reit Inc), Credit Agreement (Tier Reit Inc), Credit Agreement (Tier Reit Inc)
Dividends and Other Restricted Payments. Each of the The Parent and the Borrower shall not, and shall not permit any of its the other Subsidiaries to, declare or make any Restricted Payment; provided, however, that each of the Parent, the Borrower and its the other Subsidiaries may declare and make the following Restricted Payments so long as no Default or Event of Default is continuing or would result therefrom:
Appears in 2 contracts
Samples: Credit Agreement (Pacific Office Properties Trust, Inc.), Credit Agreement (Excel Trust, Inc.)
Dividends and Other Restricted Payments. Each of the Parent and the The Borrower shall not, and shall not permit any of its Subsidiaries to, declare or make any Restricted Payment; provided, however, that each of the Parent, the Borrower and its Subsidiaries may declare and make the following Restricted Payments so long as no Default or Event of Default is continuing or would result therefrom:
Appears in 2 contracts
Samples: Credit Agreement (Hudson Pacific Properties, Inc.), Credit Agreement (Hudson Pacific Properties, Inc.)
Dividends and Other Restricted Payments. Each of Neither the Parent nor the Borrower shall, and neither the Parent nor the Borrower shall not, and shall not permit any of its their respective Subsidiaries to, declare or make any Restricted Payment; provided, however, that each of the Parent, the Borrower and its their Subsidiaries may declare and make the following Restricted Payments so long as no Default or Event of Default is continuing or would result therefrom:
Appears in 1 contract
Dividends and Other Restricted Payments. Each of the The Parent and the Borrower shall not, and shall not permit the Borrower or any of its their Subsidiaries to, declare or make any Restricted Payment; provided, however, that each of the Parent, the Borrower and its their respective Subsidiaries may declare and make the following Restricted Payments so long as no Default or Event of Default is continuing or would result therefrom:
Appears in 1 contract
Samples: Assignment and Assumption Agreement (Parkway, Inc.)
Dividends and Other Restricted Payments. Each of Neither the Borrower nor the Parent shall, and neither the Parent nor the Borrower shall not, and shall not permit any of its Subsidiaries to, declare or make any Restricted Payment; provided, however, that each of the Parent, the Borrower and its Subsidiaries may declare and make the following Restricted Payments so long as no Default or Event of Default is continuing or would result therefrom:
Appears in 1 contract
