Common use of Absence of Certain Restrictions Clause in Contracts

Absence of Certain Restrictions. No indenture, certificate of designation for preferred stock, agreement or instrument to which any Loan Party or any of its Subsidiaries is a party (other than this Credit Agreement), prohibits or limits in any way, directly or indirectly the ability of any Subsidiary to make Restricted Payments or loans to, to make any advance on behalf of, or to repay any Indebtedness to, any Loan Party or to another Subsidiary.

Appears in 6 contracts

Samples: Credit Agreement (Ooma Inc), Credit Agreement (Mimedx Group, Inc.), Credit Agreement

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Absence of Certain Restrictions. No indenture, certificate of designation for preferred stock, agreement or instrument to which any Loan Party the Borrower or any of its Subsidiaries Subsidiary is a party (other than this Credit Agreement), prohibits or limits in any way, directly or indirectly the ability of any Subsidiary to make Restricted Payments or loans to, to make any advance on behalf of, or to repay any Indebtedness to, any Loan Party the Borrower or to another Subsidiary.

Appears in 5 contracts

Samples: Credit Agreement (Virtus Investment Partners, Inc.), Credit Agreement (Virtus Investment Partners, Inc.), Credit Agreement (Virtus Investment Partners, Inc.)

Absence of Certain Restrictions. No indenture, certificate of designation for preferred stock, agreement or instrument to which any Loan Party the Borrower or any of its Subsidiaries Subsidiary is a party (other than this Credit Agreement), prohibits or limits in any way, directly or indirectly the ability of any Subsidiary to make Restricted Payments or loans to, to make any advance on behalf of, or to repay any Indebtedness to, any Loan Party the Borrower or to another Subsidiary.

Appears in 5 contracts

Samples: Credit and Guaranty Agreement (Bel Fuse Inc /Nj), Credit Agreement (Global Vacation Group Inc), Global Vacation Credit Agreement (Global Vacation Group Inc)

Absence of Certain Restrictions. No indenture, certificate of designation for preferred stock, agreement or instrument to which any Loan Party the Borrower or any of its Subsidiaries is a party (other than this Credit Agreement), prohibits or limits in any way, directly or indirectly the ability of any Subsidiary of the Borrower to make Restricted Payments or loans to, to make any advance on behalf of, or to repay any Indebtedness to, any Loan Party to the Borrower or to another SubsidiarySubsidiary of the Borrower.

Appears in 4 contracts

Samples: Credit Agreement (Meta Group Inc), Credit Agreement (Meta Group Inc), Credit Agreement (Helicon Capital Corp)

Absence of Certain Restrictions. No indenture, certificate of designation for preferred stock, agreement or instrument to which any Loan Party Borrower or any of its Subsidiaries is a party (other than this Credit Agreement), prohibits or limits in any way, directly or indirectly the ability of any Subsidiary to make Restricted Payments or loans to, to make any advance on behalf of, or to repay any Indebtedness to, any Loan Party Borrower or to another Subsidiary.

Appears in 2 contracts

Samples: Loan Agreement (RCM Technologies, Inc.), Loan Agreement (RCM Technologies Inc)

Absence of Certain Restrictions. No Except to the extent not prohibited under Section 7.10, no indenture, certificate of designation for preferred stock, agreement or instrument to which any Loan Party or any of its Subsidiaries is a party (other than this Credit Agreement), prohibits or limits in any way, directly or indirectly the ability of any Subsidiary to make Restricted Payments or loans to, to make any advance on behalf of, or to repay any Indebtedness to, any Loan Party or to another Subsidiary.

Appears in 2 contracts

Samples: Credit Agreement (Steven Madden, Ltd.), Credit Agreement (Steven Madden, Ltd.)

Absence of Certain Restrictions. No indenture, certificate of designation for preferred stock, agreement or instrument to which any Loan Party the Borrower or any of its the Subsidiaries is a party (other than this Credit Agreement), prohibits or limits in any way, directly or indirectly indirectly, the ability of any Subsidiary to make Restricted Payments or loans to, repay Indebtedness to make any advance on behalf of, or to repay any Indebtedness to, any Loan Party the Borrower or to another Subsidiary.

Appears in 2 contracts

Samples: Security Agreement (Lifetime Brands, Inc), Credit Agreement (Lifetime Brands, Inc)

Absence of Certain Restrictions. No indenture, certificate of designation for preferred stock, agreement or instrument to which any Loan Borrower, any other Credit Party or any of its the Foreign Subsidiaries is a party (other than this Credit Agreement), prohibits or limits in any way, directly or indirectly the ability of any Credit Party or Foreign Subsidiary to make Restricted Payments or loans to, to make any advance on behalf of, or to repay any Indebtedness to, any Loan Party to such Borrower or to another SubsidiarySubsidiary of such Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Gp Strategies Corp), Credit Agreement (Gp Strategies Corp)

Absence of Certain Restrictions. No indenture, certificate of designation for preferred stockStock, agreement or instrument to which any Loan Credit Party or any of its Subsidiaries is a party (other than this Credit Agreement)party, prohibits or limits in any wayrestrains, directly or indirectly indirectly, the ability payment of dividends or other payments to the Borrower or any Subsidiary to make Restricted Payments or loans to, to make any advance on behalf of, or to repay any Indebtedness to, any Loan Party or to another Subsidiaryof its Subsidiaries.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Bet Holdings Inc)

Absence of Certain Restrictions. No indenture, certificate of designation for preferred stock, agreement or instrument to which any Loan Party the Borrower or any of its Subsidiaries is a party (other than this Credit Agreement), prohibits or limits in any way, directly or indirectly the ability of any Subsidiary of the Borrower to make Restricted Payments or loans to, to make any advance on behalf of, or to repay any Indebtedness to, any Loan Party either the Borrower or to another Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Monitronics International Inc)

Absence of Certain Restrictions. No indenture, certificate of designation for preferred stock, agreement or instrument to which any Loan Party Borrower or any of its Subsidiaries is a party (other than this Credit Agreement), prohibits or limits in any way, directly or indirectly the ability of any Subsidiary to make Restricted Payments or loans to, to make any advance on behalf of, or to repay any Indebtedness to, any Loan Party Borrower or to another Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Chesapeake Utilities Corp)

Absence of Certain Restrictions. No indenture, certificate of designation for preferred stock, agreement or instrument to which any Loan Party or any of its Subsidiaries is a party (other than this Credit Agreement), prohibits or limits in any way, directly or indirectly the ability of any Subsidiary Loan Party to make Restricted Payments or loans to, to make any advance on behalf of, or to repay any Indebtedness to, any Loan Party or to another SubsidiaryParty.

Appears in 1 contract

Samples: Credit Agreement (Cantor Fitzgerald Income Trust, Inc.)

Absence of Certain Restrictions. No indenture, certificate of designation for preferred stock, agreement or instrument to which any Loan Party the Borrower or any of its Subsidiaries is a party (other than this Credit Agreement), prohibits or limits in any way, directly or indirectly the ability of any Subsidiary (other than any Receivables Subsidiary) of the Borrower to make Restricted Payments or loans to, to make any advance on behalf of, or to repay any Indebtedness to, any Loan Party to the Borrower or to another SubsidiarySubsidiary of the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Building Materials Investment Corp)

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Absence of Certain Restrictions. No indenture, certificate of designation for preferred stockequity securities, agreement or instrument to which any Loan Party the Borrower or any of its Subsidiaries is a party (other than this Credit Agreement), prohibits or limits in any way, directly or indirectly indirectly, the ability of any Subsidiary of the Borrower to make Restricted Payments or loans toadvances for the benefit of, to make any advance on behalf of, loans or Restricted Payments to or to repay any Indebtedness to, any Loan Party to the Borrower or to another Subsidiaryany other Subsidiary of the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Insight Communications Co Inc)

Absence of Certain Restrictions. No indenture, certificate of designation for preferred stock, agreement or instrument to which any Loan Party Borrower or any of its Subsidiaries is a party (other than this Credit Agreement), prohibits or limits in any way, directly or indirectly the ability of any Subsidiary to make Restricted Payments or loans to, to make any advance on behalf of, or to repay any Indebtedness to, any Loan Party Borrower or to another Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (J&j Snack Foods Corp)

Absence of Certain Restrictions. No indenture, certificate of designation for preferred stock, agreement or instrument to which any Loan Party or any of its Subsidiaries is a party (other than this Credit Agreement), prohibits or limits in any way, directly or indirectly indirectly, the ability of any Subsidiary to make Restricted Payments or loans to, Guarantor to make any advance on behalf of, dividends or to distributions or repay any Indebtedness to, any Loan Party or to another Subsidiarysuch Borrower.

Appears in 1 contract

Samples: Newtek Credit Agreement (Newtek Business Services Corp.)

Absence of Certain Restrictions. No indenture, certificate of designation for preferred stock, agreement or instrument to which any Loan Party or any of its Subsidiaries is a party (other than this Credit Agreement), prohibits or limits in any way, directly or indirectly the ability of any Subsidiary to make Restricted Payments or loans to, to make any advance on behalf of, or to repay any Indebtedness to, any Loan Party or to another Subsidiary, except as expressly permitted under Section 7.10.

Appears in 1 contract

Samples: Credit Agreement (Arhaus, Inc.)

Absence of Certain Restrictions. No indenture, certificate of designation for preferred stock, agreement or instrument to which any Loan Party Borrower, any other Obligor or any of its the Foreign Subsidiaries is a party (other than this Credit Agreement), prohibits or limits in any way, directly or indirectly the ability of any Obligor or Foreign Subsidiary to make Restricted Payments or loans to, to make any advance on behalf of, or to repay any Indebtedness to, to any Loan Party Borrower or to another SubsidiarySubsidiary of the Parent.

Appears in 1 contract

Samples: Credit Agreement (Gp Strategies Corp)

Absence of Certain Restrictions. No indenture, certificate of designation for preferred stock, agreement or instrument to which any Loan Party the Borrower or any of its Subsidiaries is a party (other than this Credit Agreement), prohibits or limits in any way, directly or indirectly the ability of any Subsidiary of the Borrower to make Restricted Payments or loans to, to make any advance on behalf ofPayments, or to make loans or advances or repay any Indebtedness to, any Loan Party such loans or advances to the Borrower or to another Subsidiaryany other Subsidiary of the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Camco International Inc)

Absence of Certain Restrictions. No indenture, certificate of designation for preferred stock, agreement or instrument to which any Loan Party or any of its Subsidiaries is a party (other than this Credit Agreement), prohibits or limits in any way, directly or indirectly the ability of any Subsidiary Guarantor to make Restricted Payments Distributions or loans to, to make any advance on behalf of, or to repay any Indebtedness to, any Loan Party or to another Subsidiarythe Borrower.

Appears in 1 contract

Samples: Credit Agreement (Greenfield Online Inc)

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