Common use of Restriction on Payment Clause in Contracts

Restriction on Payment. Hedging Liabilities Prior to the later of (i) the Super Senior Discharge Date and (ii) the Senior Secured Notes Discharge Date and (iii) the Pari Passu Debt Discharge Date, the Debtors shall not, and shall procure that no other member of the Group will, make any Payment of the Hedging Liabilities at any time unless:

Appears in 2 contracts

Samples: Intercreditor Agreement (Nord Anglia Education, Inc.), Intercreditor Agreement (Nord Anglia Education, Inc.)

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Restriction on Payment. Hedging Liabilities Prior to the later of (ia) the Super Senior Lender Discharge Date and (iib) the Senior Secured Notes Discharge Date and (iii) the Pari Passu Debt Discharge Date, the Debtors and Third Party Security Provider shall not, and the Company shall procure that no other member of the Group Company will, make any Payment of the Hedging Liabilities at any time unless:

Appears in 1 contract

Samples: Intercreditor Agreement (Amc Entertainment Holdings, Inc.)

Restriction on Payment. Hedging Liabilities Prior to the later of (ia) the Super Senior Lender Discharge Date and Date; (iib) the Senior Secured Notes Discharge Date Date; and (iiic) the Pari Passu Debt Discharge Date, the Debtors shall not, and the Company shall procure that no other member of the Group will, make any Payment of the Hedging Liabilities at any time unless:

Appears in 1 contract

Samples: Intercreditor Agreement (Liberty Global PLC)

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Restriction on Payment. Hedging Liabilities Prior to the later of latest of: (ia) the Super Senior Lender Discharge Date, (b) the Senior Secured Bridge Discharge Date and (iic) the Senior Secured Notes Discharge Date and (iii) the Pari Passu Debt Discharge Date, the Debtors shall not, and shall procure that no other member of the Group will, make any Payment of the Hedging Liabilities at any time unless:

Appears in 1 contract

Samples: Intercreditor Agreement

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