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: Pledge and Security Agreement (LaSalle Hotel Properties), Pledge and Security Agreement (LaSalle Hotel Properties), Senior Unsecured Credit Agreement (LaSalle Hotel Properties)

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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 6 contracts

Samples: Credit Agreement (Arkansas Best Corp /De/), Credit Agreement (Arkansas Best Corp /De/), Security 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 5 contracts

Samples: Senior Unsecured Term Loan Agreement (LaSalle Hotel Properties), Credit Agreement (Lasalle Hotel Properties), 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 4 contracts

Samples: Credit Agreement (American General Hospitality Corp), Credit Agreement (Meristar 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 2 contracts

Samples: 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 Hospitality Corp), Revolving 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 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 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: Credit Agreement (Interstate Hotels 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: 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 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: Credit Agreement (American General Hospitality Corp)

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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 64 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 1 contract

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

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: Consent and Waiver (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 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 (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: Management Agreement (American General Hospitality Corp)

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