Restricted Payments definition

Restricted Payments as defined in Section 7.6.
Restricted Payments shall have the meaning assigned to such term in Section 6.06.
Restricted Payments has the meaning provided in Section 4.04.

Examples of Restricted Payments in a sentence

  • Section 7.03 Indebtedness 198191 Section 7.04 Fundamental Changes 203196 Section 7.05 Dispositions 204197 Section 7.06 Restricted Payments 208201 Section 7.07 [Reserved] 213206 Section 7.08 Transactions with Affiliates 213206 Section 7.09 Burdensome Agreements 216209 Section 7.10 Financial Covenant 218211 Section 7.11 [Reserved].

  • If a Restricted Subsidiary of the Company is designated as an Unrestricted Subsidiary, the aggregate fair market value of all outstanding Investments owned by the Company and its Restricted Subsidiaries in the Subsidiary properly designated will either be deemed to be an Investment made as of the time of the designation that will reduce the amount available for Restricted Payments under Section 4.07(a) or represent Permitted Investments, as determined by the Company.

  • Borrowers shall not declare or make, or agree to pay or make any Restricted Payments, or incur any obligation to do so, unless (x) no Default, Event of Default, Mandatory Prepayment Event, Collateral Call Trigger Event or Adjustment Determination Period shall have occurred and be continuing or would result therefrom and (y) the cash, securities or property so paid or distributed does not constitute, and is not required under the Margin Loan Documentation to be posted as, Collateral.


More Definitions of Restricted Payments

Restricted Payments has the meaning set forth in Section 8.01(r).
Restricted Payments shall have the meaning provided in Section 10.5(a).
Restricted Payments shall have the meaning assigned to such term in Section 6.06. The amount of any Restricted Payment made other than in the form of cash or cash equivalents shall be the fair market value thereof (as determined by the Borrower in good faith).
Restricted Payments means any dividend or other distribution (whether in cash, securities or other property (other than Qualified Equity Interests)) with respect to any Equity Interests in the Company or Holdings, or any payment (whether in cash, securities or other property (other than Qualified Equity Interests)), including any sinking fund or similar deposit, on account of the purchase, redemption, retirement, acquisition, cancellation or termination of any such Equity Interests in the Company or Holdings or any option, warrant or other right to acquire any such Equity Interests in the Company or Holdings.
Restricted Payments is defined in Section 8.12 hereof.
Restricted Payments has the meaning specified in Section 5.02(g).
Restricted Payments has the meaning assigned thereto in Section 10.5.