Common use of No Impairment of Intercompany Transfers Clause in Contracts

No Impairment of Intercompany Transfers. Borrowers shall not directly or indirectly enter into or become bound by any agreement, instrument, indenture or other obligation (other than this Agreement and the other Loan Documents) that could directly or indirectly restrict, prohibit or require the consent of any Person with respect to the payment of dividends or distributions.

Appears in 4 contracts

Samples: Credit Agreement (Integrated Healthcare Holdings Inc), Credit Agreement (Integrated Healthcare Holdings Inc), Credit Agreement (Integrated Healthcare Holdings Inc)

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No Impairment of Intercompany Transfers. Borrowers Neither the Borrower nor any of its Restricted Subsidiaries shall not directly or indirectly enter into or become bound by any agreement, instrument, indenture or other obligation (other than this Agreement and the other Loan Documents) that which could directly or indirectly restrict, prohibit or require the consent of any Person with respect to the payment of dividends or distributionsdistributions or the making or repayment of intercompany loans by a Restricted Subsidiary of Borrower to Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Radiologix Inc), Credit Agreement (American Physician Partners Inc)

No Impairment of Intercompany Transfers. Borrowers No Borrower shall not directly or indirectly enter into or become bound by any agreement, instrument, indenture or other obligation (other than this Agreement and the other Loan Documents) that could directly or indirectly restrict, prohibit or require the consent of any Person with respect to the payment of dividends or distributionsdistributions or the making or repayment of intercompany loans by a Subsidiary of any Borrower to such Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Devcon International Corp), Credit Agreement (Devcon International Corp)

No Impairment of Intercompany Transfers. Borrowers No Borrower shall not directly or indirectly enter into or become bound by any agreement, instrument, indenture or other obligation (other than this Agreement and the other Loan Documents) that which could directly or indirectly restrict, prohibit or require the consent of any Person with respect to the payment of dividends or distributionsdistributions or the making or repayment of intercompany loans by a Subsidiary of any Borrower to any Borrower or between Borrowers.

Appears in 2 contracts

Samples: Credit Agreement (Green Mountain Coffee Inc), Credit Agreement (Wpi Group Inc)

No Impairment of Intercompany Transfers. Borrowers Neither Borrower nor the Guarantor shall not directly or indirectly enter into or become bound by any agreement, instrument, indenture or other obligation (other than this Agreement and the other Loan Documents) that which could directly or indirectly restrict, prohibit or require the consent of any Person with respect to the payment of dividends or distributionsdistributions or the making or repayment of intercompany loans by Guarantor to Borrower.

Appears in 1 contract

Samples: Credit Agreement (Presstek Inc /De/)

No Impairment of Intercompany Transfers. Borrowers No Borrower shall not directly or indirectly enter into or become bound by any agreement, instrument, indenture or other obligation (other than this Agreement Agree ment and the other Loan Note Documents) that which could directly or indirectly restrict, prohibit or require the consent of any Person with respect to the payment of dividends divi dends or distributionsdistributions or the making or repayment of intercompany loans by a Subsidiary of any Borrower to any Borrower or between Borrowers.

Appears in 1 contract

Samples: Convertible Note Agreement (Sunrise Capital Partners Lp)

No Impairment of Intercompany Transfers. Borrowers No Borrower shall not directly or indirectly enter into or become bound by any agreement, instrument, indenture or other obligation (other than this Agreement and Agreement, the other Loan Documents and the Related Transactions Documents) that could directly or indirectly restrict, prohibit or require the consent of any Person with respect to the payment of dividends or distributionsdistributions or the making or repayment of intercompany loans by a Subsidiary of any Borrower to any Borrower or between Borrowers.

Appears in 1 contract

Samples: Credit Agreement (Core-Mark Holding Company, Inc.)

No Impairment of Intercompany Transfers. Borrowers No Borrower shall not --------------------------------------- directly or indirectly enter into or become bound by any agreement, instrument, indenture or other obligation (other than this Agreement and the other Loan Documents) that could directly or indirectly restrict, prohibit or require the consent of any Person with respect to the payment of dividends or distributionsdistributions or the making or repayment of intercompany loans by a Subsidiary of any Borrower to any Borrower or between Borrowers.

Appears in 1 contract

Samples: Credit Agreement (Intercept Group Inc)

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No Impairment of Intercompany Transfers. Borrowers No Borrower shall not directly or indirectly enter into or become bound by any agreement, instrument, indenture or other obligation (other than this Agreement and the other Loan Note Documents) that which could directly or indirectly restrict, prohibit or require the consent of any Person with respect to the payment of dividends or distributionsdistributions or the making or repayment of intercompany loans by a Subsidiary of any Borrower to any Borrower or between Borrowers.

Appears in 1 contract

Samples: Convertible Note Agreement (Wpi Group Inc)

No Impairment of Intercompany Transfers. Borrowers Neither Borrower nor the Guarantors shall not directly or indirectly enter into or become bound by any agreement, instrument, indenture or other obligation (other than this Agreement and the other Loan Documents) that which could directly or indirectly restrict, prohibit or require the consent of any Person with respect to the payment of dividends or distributionsdistributions or the making or repayment of intercompany loans by Guarantors to Borrower.

Appears in 1 contract

Samples: Credit Agreement (Presstek Inc /De/)

No Impairment of Intercompany Transfers. Borrowers Borrower shall not directly or indirectly enter into or become bound by any agreement, instrument, indenture or other obligation (other than this Agreement and the other Loan Documents) that could directly or indirectly restrict, prohibit or require the consent of any Person with respect to the payment of dividends or distributionsdistributions or the making or repayment of intercompany loans by a Subsidiary of Borrower to Borrower.

Appears in 1 contract

Samples: Loan Agreement

No Impairment of Intercompany Transfers. Borrowers Borrower shall not, and shall not permit any of its Subsidiaries to, directly or indirectly enter into or become bound by any agreement, instrument, indenture or other obligation (other than this Agreement and the other Loan Documents) that which could directly or indirectly restrict, prohibit or require the consent of any Person with respect to the payment of dividends or distributionsdistributions or the making or repayment of intercompany loans by a Subsidiary of Borrower to Borrower.

Appears in 1 contract

Samples: Credit Agreement (American Coin Merchandising Inc)

No Impairment of Intercompany Transfers. Borrowers Borrower shall not directly or indirectly enter into or become bound by any agreement, instrument, indenture or other obligation (other than this Agreement and the other Loan Documents) that which could directly or indirectly restrict, prohibit or require the consent of any Person with respect to the payment of dividends or distributionsdistributions or the making or repayment of intercompany loans by a Subsidiary of Borrower to Borrower.

Appears in 1 contract

Samples: Credit Agreement (Green Mountain Coffee Roasters Inc)

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