Common use of Agreements Restricting Distributions From Subsidiaries Clause in Contracts

Agreements Restricting Distributions From Subsidiaries. The Borrower will not, nor will it permit any of its Subsidiaries (other than Permitted Other Subsidiaries) to, enter into any agreement (other than a Credit Document) which limits distributions to or any advance by any of the Borrower’s Subsidiaries to the Borrower.

Appears in 14 contracts

Samples: Senior Unsecured Term Loan Agreement (LaSalle Hotel Properties), Senior Unsecured Credit Agreement (LaSalle Hotel Properties), Senior Unsecured Credit Agreement (LaSalle Hotel Properties)

AutoNDA by SimpleDocs

Agreements Restricting Distributions From Subsidiaries. The Borrower will not, nor will it permit any of its Subsidiaries (other than Permitted Other Subsidiaries) to, enter into any agreement (other than a Credit Document) which limits distributions to or any advance by any of the Borrower’s 's Subsidiaries to the Borrower.

Appears in 5 contracts

Samples: Senior Unsecured Term Loan Agreement (LaSalle Hotel Properties), Senior Unsecured Credit Agreement (Lasalle Hotel Properties), Senior Unsecured Credit Agreement (Lasalle Hotel Properties)

Agreements Restricting Distributions From Subsidiaries. The Borrower will not, nor will it permit any of its Subsidiaries (other than Permitted Other Subsidiaries) to, enter into any agreement (other than a Credit Document) which limits distributions to or any advance by any of the Borrower’s 's Subsidiaries to the Borrower.

Appears in 5 contracts

Samples: Credit Agreement (Arkansas Best Corp /De/), Credit Agreement (Arkansas Best Corp /De/), Credit Agreement (Arkansas Best Corp /De/)

Agreements Restricting Distributions From Subsidiaries. The ------------------------------------------------------ Borrower will not, nor will it permit any of its Subsidiaries (other than Permitted Other Subsidiaries) to, enter into any agreement (other than a Credit Document) which limits distributions to or any advance by any of the Borrower’s 's Subsidiaries to the Borrower.

Appears in 4 contracts

Samples: Senior Secured Credit Agreement (Meristar Hospitality Corp), Credit Agreement (American General Hospitality Corp), Senior Secured Credit Agreement (Meristar Hotels & Resorts Inc)

Agreements Restricting Distributions From Subsidiaries. The Borrower will not, nor will it permit any of its Subsidiaries (other than Permitted Other Subsidiaries) to, enter into any agreement (other than a Credit Document) which limits distributions to or any advance (including by way of the making of and repayment of Intercompany loans and advances) by any of the Borrower’s Subsidiaries to the Borrower.

Appears in 3 contracts

Samples: Senior Secured Credit Agreement (Interstate Hotels & Resorts Inc), Senior Secured Credit Agreement (Interstate Hotels & Resorts Inc), Senior Secured Credit Agreement (Interstate Hotels & Resorts Inc)

Agreements Restricting Distributions From Subsidiaries. The Except as required by the Leases, the Borrower will not, nor will it permit any of its Subsidiaries (other than Permitted Other Subsidiaries) to, enter into any agreement (other than a Credit Document) which limits distributions to or any advance by any of the Borrower’s 's Subsidiaries to the Borrower.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Meristar Hotels & Resorts Inc), Revolving Credit Agreement (Meristar Hospitality Corp)

Agreements Restricting Distributions From Subsidiaries. The ------------------------------------------------------ Borrower will not, nor will it permit any of its Subsidiaries (other than Permitted Other Subsidiaries) to, enter into any agreement (other than a Credit DocumentDocument or the Senior Credit Documents) which limits distributions to or any advance by any of the Borrower’s 's Subsidiaries to the Borrower.

Appears in 1 contract

Samples: Subordinate Unsecured Credit Agreement (American General Hospitality Corp)

Agreements Restricting Distributions From Subsidiaries. The Borrower will not, nor will it permit any of its Subsidiaries (other than Permitted Other Subsidiaries) to, enter into any agreement (other than a Credit Document) which limits distributions to or any advance by any of the Borrower’s Subsidiaries to the Borrower.

Appears in 1 contract

Samples: Senior Unsecured Term Loan Agreement (Seritage Growth Properties)

Agreements Restricting Distributions From Subsidiaries. The Borrower will not, nor will it permit any of its Subsidiaries (other than Permitted Other Subsidiaries) to, enter into any agreement (other than a Credit Document) which limits distributions to or any advance by any of the Borrower’s 's Subsidiaries to the Borrower. (d) Section 6.4(iv). Section 6.4(iv) is amended in its entirety as follows:

Appears in 1 contract

Samples: Credit Agreement (Arkansas Best Corp /De/)

Agreements Restricting Distributions From Subsidiaries. The Borrower will not, nor will it permit any of its Subsidiaries (other than Permitted Other Subsidiaries) to, enter into any agreement (other than a Credit Loan Document) which limits distributions to or any advance by any of the Borrower’s 's Subsidiaries to the Borrower.

Appears in 1 contract

Samples: Senior Secured Revolving Line of Credit Agreement (Interstate Hotels Corp)

AutoNDA by SimpleDocs

Agreements Restricting Distributions From Subsidiaries. The Borrower will not, nor will it permit any of its Subsidiaries (other than Permitted Other Subsidiaries) to, enter into any agreement (other than a Credit DocumentDocument or the Treadco Credit Agreement as in effect on the Effective Date) which limits distributions to or any advance by any of the Borrower’s 's Subsidiaries to the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Arkansas Best Corp /De/)

Agreements Restricting Distributions From Subsidiaries. The ------------------------------------------------------ Borrower will not, nor will it permit any of its Subsidiaries (other than Permitted Other Subsidiaries) to, enter into any agreement (other than a Credit DocumentDocument or the Subordinate Credit Documents) which limits distributions to or any advance by any of the Borrower’s 's Subsidiaries to the Borrower.

Appears in 1 contract

Samples: Senior Unsecured Credit Agreement (American General Hospitality Corp)

Agreements Restricting Distributions From Subsidiaries. The Borrower will not, nor will it permit any of its Subsidiaries (other than Permitted Other Subsidiaries) to, enter into any agreement (other than (i) a Credit Document, (ii) the Existing Loan Agreement and (iii) any Secured Recourse Indebtedness or Secured Non-Recourse Indebtedness permitted under Section 6.02(e)) which limits distributions to or any advance by any of the Borrower’s Subsidiaries to the Borrower.

Appears in 1 contract

Samples: Senior Unsecured Term Loan Agreement (Seritage Growth Properties)

Agreements Restricting Distributions From Subsidiaries. The ------------------------------------------------------ Borrower will not, nor will it permit any of its Subsidiaries (other than Permitted Other Subsidiaries) to, enter into any agreement (other than a Credit Document) which limits distributions to or any advance by any of the Borrower’s 's Subsidiaries to the Borrower.

Appears in 1 contract

Samples: Credit Agreement (American General Hospitality Corp)

Agreements Restricting Distributions From Subsidiaries. The Borrower will not, nor will it permit any of its Subsidiaries (other than Permitted Other Subsidiaries) to, enter into or remain party to any agreement (other than a Credit Document) which limits distributions to or any advance by any of the Borrower’s Subsidiaries to the Borrower.

Appears in 1 contract

Samples: Senior Credit Agreement (Eagle Hospitality Properties Trust, Inc.)

Agreements Restricting Distributions From Subsidiaries. The Borrower will not, nor and will it not permit any of its Subsidiaries (other than Permitted Other Subsidiaries) to, enter into any agreement (other than a Credit Document) which limits any dividends, advances or other distributions to or any advance by any of the Borrower’s 's Subsidiaries to the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Arkansas Best Corp /De/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!