Common use of Limitation on Distributions Clause in Contracts

Limitation on Distributions. No distribution on the Series A Preferred Units shall be declared or paid or set apart for payment by the Partnership at such time as the terms and provisions of any agreement of the Partnership relating to its indebtedness (other than any agreement with the holder of Partnership Interests or an Affiliate thereof), prohibits such declaration, payment or setting apart for payment or provide, that such declaration, payment or setting apart for payment would constitute a breach thereof or a default thereunder, or if such declaration, payment or setting apart for payment shall be restricted or prohibited by law. Nothing in this Section 4.5(c)(ii) shall be deemed to modify or in any manner limit the provisions Section 4.5(c)(iii) and (iv).

Appears in 5 contracts

Samples: Regency Centers Corp, Regency Centers Lp, Regency Centers Lp

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Limitation on Distributions. No distribution on the Series A D Preferred Units shall be declared or paid or set apart for payment by the Partnership at such time as the terms and provisions of any agreement of the Partnership relating to its indebtedness (other than any agreement with the holder of Partnership Interests or an Affiliate thereof), prohibits such declaration, payment or setting apart for payment or provide, that such declaration, payment or setting apart for payment would constitute a breach thereof or a default thereunder, or if such declaration, payment or setting apart for payment shall be restricted or prohibited by law. Nothing in this Section 4.5(c)(ii4(c)(ii) shall be deemed to modify or in any manner limit the provisions Section 4.5(c)(iiiof Sections 4.8(c)(iii) and (ivor 4.8(c)(iv).

Appears in 4 contracts

Samples: Regency Centers Lp, Regency Centers Lp, Regency Realty Corp

Limitation on Distributions. No distribution on the Series A F Preferred Units shall be declared or paid or set apart for payment by the Partnership at such time as the terms and provisions of any agreement of the Partnership relating to its indebtedness (other than any agreement with the holder of Partnership Interests or an Affiliate thereof), prohibits such declaration, payment or setting apart for payment or provide, that such declaration, payment or setting apart for payment would constitute a breach thereof or a default thereunder, or if such declaration, payment or setting apart for payment shall be restricted or prohibited by law. Nothing in this Section 4.5(c)(ii4.l0(c)(ii) shall be deemed to modify or in any manner limit the provisions Section 4.5(c)(iiiof Sections 4.10(c)(iii) and (ivor 4.10(c)(iv).

Appears in 3 contracts

Samples: Regency Centers Corp, Regency Centers Lp, Regency Centers Lp

Limitation on Distributions. No distribution on the Series A D Preferred Units shall be declared or paid or set apart for payment by the Partnership at such time as the terms and provisions of any agreement of the Partnership relating to its indebtedness (other than any agreement with the a holder of Partnership Interests or an Affiliate thereof), prohibits prohibit such declaration, payment or setting apart for payment or provide, provide that such declaration, payment or setting apart for payment would constitute a breach thereof or a default thereunder, or if such declaration, payment or setting apart for payment shall be restricted or prohibited by law. Nothing in this Section 4.5(c)(iiSECTION (c)(ii) shall be deemed to modify or in any manner limit the provisions Section 4.5(c)(iiiof SECTIONS (c)(iii) and or (ivc)(iv).

Appears in 1 contract

Samples: Rodamco North America N V

Limitation on Distributions. No distribution on the Series A D Preferred Units shall be declared or paid or set apart for payment by the Partnership at such time as the terms and provisions of any agreement of the Partnership relating to its indebtedness (other than any agreement with the a holder of Partnership Interests or an Affiliate thereof), prohibits prohibit such declaration, payment or setting apart for payment or provide, provide that such declaration, payment or setting apart for payment would constitute a breach thereof or a default thereunder, or if such declaration, payment or setting apart for payment shall be restricted or prohibited by law. Nothing in this Section 4.5(c)(ii4.2.10.3(b) shall be deemed to modify or in any manner limit the provisions Section 4.5(c)(iiiof Sections 4.2.10.3(c) and (ivor 4.2.10.3(d).

Appears in 1 contract

Samples: Urban Shopping Centers Inc

Limitation on Distributions. No distribution on the Series A F Preferred Units shall be declared or paid or set apart for payment by the Partnership at such time as the terms and provisions of any agreement of the Partnership relating to its indebtedness (other than any agreement with the holder of Partnership Interests or an Affiliate thereof), prohibits such declaration, payment or setting apart for payment or provide, that such declaration, payment or setting apart for payment would constitute a breach thereof or a default thereunder, or if such declaration, payment or setting apart for payment shall be restricted or prohibited by law. Nothing in this Section 4.5(c)(ii4.10(c)(ii) shall be deemed to modify or in any manner limit the provisions Section 4.5(c)(iiiof Sections 4.10(c)(iii) and (ivor 4.10(c)(iv).

Appears in 1 contract

Samples: Regency Centers Lp

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Limitation on Distributions. No distribution on the Series A C Preferred Units shall be declared or paid or set apart for payment by the Partnership at such time as the terms and provisions of any agreement of the Partnership relating to its indebtedness (other than any agreement with the a holder of Partnership Interests or an Affiliate thereof), prohibits prohibit such declaration, payment or setting apart for payment or provide, provide that such declaration, payment or setting apart for payment would constitute a breach thereof or a default thereunder, or if such declaration, payment or setting apart for payment shall be restricted or prohibited by law. Nothing in this Section 4.5(c)(ii4.2.9.3(b) shall be deemed to modify or in any manner limit the provisions Section 4.5(c)(iiiof Sections 4.2.9.3(c) and (ivor 4.2.9.3(d).

Appears in 1 contract

Samples: Urban Shopping Centers Inc

Limitation on Distributions. No distribution on the Series A C Preferred Units shall be declared or paid or set apart for payment by the Partnership at such time as the terms and provisions of any agreement of the Partnership relating to its indebtedness (other than any agreement with the a holder of Partnership Interests or an Affiliate thereof), prohibits prohibit such declaration, payment or setting apart for payment or provide, provide that such declaration, payment or setting apart for payment would constitute a breach thereof or a default thereunder, or if such declaration, payment or setting apart for payment shall be restricted or prohibited by law. Nothing in this Section 4.5(c)(iiSECTION (c)(ii) shall be deemed to modify or in any manner limit the provisions Section 4.5(c)(iiiof SECTIONS (c)(iii) and or (iv)c)(iv) hereof.

Appears in 1 contract

Samples: Rodamco North America N V

Limitation on Distributions. No distribution on the Series A --------------------------- Preferred Units shall be declared or paid or set apart for payment by the Partnership at such time as the terms and provisions of any agreement of the Partnership relating to its indebtedness (other than any agreement with the holder of Partnership Interests or an Affiliate thereof), prohibits such declaration, payment or setting apart for payment or provide, that such declaration, payment or setting apart for payment would constitute a breach thereof or a default thereunder, or if such declaration, payment or setting apart for payment shall be restricted or prohibited by law. Nothing in this Section 4.5(c)(ii4(b) shall be deemed to modify or in any manner limit the provisions Section 4.5(c)(iiiof Sections 4(c) and (ivor 4(d).

Appears in 1 contract

Samples: Regency Centers Lp

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