DISTRIBUTIONS AND CERTAIN OTHER RESTRICTED PAYMENTS Sample Clauses

DISTRIBUTIONS AND CERTAIN OTHER RESTRICTED PAYMENTS. Between the date of this Agreement and the Closing Date, the Reid Xxxpanies will not, and the Reid Xxxent will cause the Reid Xxxpanies not to, (a) declare or pay any distributions in respect of any equity interests of any Reid Xxxpany or (b) directly or indirectly purchase, redeem or otherwise acquire or retire any equity interests of any Reid Xxxpany.
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DISTRIBUTIONS AND CERTAIN OTHER RESTRICTED PAYMENTS. Between the date of this Agreement and the Closing Date, the Suiza Companies will not, and the Suiza Parent will cause the Suiza Companies not to, (a) declare or pay any distributions in respect of any equity interests of any Suiza Company or (b) directly or indirectly purchase, redeem or otherwise acquire or retire any equity interests of any Suiza Company.
DISTRIBUTIONS AND CERTAIN OTHER RESTRICTED PAYMENTS. Except as set forth in Section 5.5 of the Disclosure Letter and as contemplated by this Agreement, between the date of this Agreement and the Closing Date, the DFA Companies will not, and Schexxxx xxxl cause each DFA Company not to, (a) declare or pay any distributions in respect of any equity interests of any DFA Company or (b) directly or indirectly purchase, redeem or otherwise acquire or retire any equity interests of any DFA Company. Immediately prior to the Closing, each of Suiza GTL and Suiza SoCal will pay the accumulated, unpaid preferred return on their respective outstanding preferred interests to the holders of such preferred interests.
DISTRIBUTIONS AND CERTAIN OTHER RESTRICTED PAYMENTS. Except as otherwise set forth in Section 6.5 of the Disclosure Letter, between the date of this Agreement and the Closing Date, the Suiza Companies will not, and the Suiza Parents will cause the Suiza Companies not to, (a) declare or pay any distributions in respect of any equity interests of any Suiza Company (except for borrowings and repayments of intercompany accounts and balances in the Ordinary Course of Business) or (b) directly or indirectly purchase, redeem or otherwise acquire or retire any equity interests of any Suiza Company. Immediately prior to the Closing, each of Land-O-Sun Dairies, Suiza GTL and Suiza SoCal will pay the accumulated, unpaid preferred return on their respective outstanding preferred interests to the holders of such preferred interests.
DISTRIBUTIONS AND CERTAIN OTHER RESTRICTED PAYMENTS. Between the date of this Agreement and the Closing Date, Sellers will cause the Company not to during any fiscal year of the Company (a) declare or pay any distributions in respect of any Interests of or (b) directly or indirectly purchase, redeem or otherwise acquire or retire any Interests; provided, however, that the Company may pay distributions ("Tax Distributions") to the members of the Company to enable such members or their Flow-Through Owners (as defined below) to make payments of Income Taxes, as defined below (including estimates therefor) which shall become due and payable either before, on or after the Closing Date with respect to any fiscal year or portion thereof beginning on or after January 1, 1995 and ending or occurring on or prior to the Closing Date (a "Pre-Closing Tax Period"), provided, however, that the "Tax Distributions" for any such Pre-Closing Tax Period shall not exceed the Undistributed Income Tax Liability (as defined below) for such Pre-Closing Tax Period. The Company may make borrowings under the revolving credit portion of the Indebtedness Owed to Harrxx Xxxst to make the Tax Distributions provided for in this Section 5.5.

Related to DISTRIBUTIONS AND CERTAIN OTHER RESTRICTED PAYMENTS

  • Dividends and Certain Other Restricted Payments The Company shall not, nor shall it permit any of its subsidiaries to, (a) declare or pay any dividends on or make any other distributions in respect of any class or series of its capital stock or other equity interests or (b) directly or indirectly purchase, redeem, or otherwise acquire or retire any of its capital stock or other equity interests or any warrants, options, or similar instruments to acquire the same.

  • Limitations on Restricted Payments (a) The Issuer will not, and will not permit any Restricted Subsidiary to, directly or indirectly, make any Restricted Payment if at the time of such Restricted Payment:

  • Limitation on Restricted Payments (a) The Company will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly:

  • Restricted Payments Declare or make, directly or indirectly, any Restricted Payment, or incur any obligation (contingent or otherwise) to do so, except that:

  • Limitation on Dividends and Other Payment Restrictions Affecting Restricted Subsidiaries The Company will not, and will not permit any Restricted Subsidiary to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any encumbrance or restriction of any kind on the ability of any Restricted Subsidiary to (a) pay dividends, in cash or otherwise, or make any other distributions to the Company or any Restricted Subsidiary on or in respect of its Capital Stock, (b) pay any Indebtedness owed to the Company or any other Restricted Subsidiary, (c) make loans or advances to the Company or any other Restricted Subsidiary, or (d) transfer any of its properties or assets to the Company or any other Restricted Subsidiary, except in all such cases for such encumbrances or restrictions existing under or by reason of (i) any agreement or instrument in effect on the Issue Date and listed on Schedule D attached to this Indenture, (ii) applicable law or regulation (including corporate governance provisions required by applicable law and regulations of the National Bank of Poland), (iii) customary non-assignment provisions of any lease governing a leasehold interest of the Company or any Restricted Subsidiary, (iv) any agreement or other instrument of a Person acquired by the Company or any Restricted Subsidiary in existence at the time of such acquisition (but not created in contemplation thereof), which encumbrance or restriction is not applicable to any Person, or the properties or assets of any Person, other than the Person, or the property or assets of the Person, so acquired, (v) any mortgage or other Lien on real property acquired or improved by the Company or any Restricted Subsidiary after the Issue Date that prohibits transfers of the type described in (d) above with respect to such real property, (vi) with respect to a Restricted Subsidiary, an agreement that has been entered into for the sale or disposition of all or substantially all of the Company's Capital Stock in, or substantially all the assets of, such Restricted Subsidiary, (vii) the refinancing of Indebtedness incurred under the agreements listed on Schedule B attached to this Indenture or described in clause (v) above, so long as such encumbrances or restrictions are no less favorable in any material respect to the Company or any Restricted Subsidiary than those contained in the respective agreement as in

  • Restricted Payments, etc On and at all times after the Effective Date:

  • Limitation on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries The Company will not, and will not cause or permit any of its Restricted Subsidiaries to, directly or indirectly, create or otherwise cause or permit to exist or become effective any encumbrance or restriction on the ability of any Restricted Subsidiary of the Company to:

  • No Prohibition on Subsidiaries from Paying Dividends or Making Other Distributions No subsidiary of the Company is currently prohibited, directly or indirectly, from paying any dividends to the Company, from making any other distribution on such subsidiary's capital stock, from repaying to the Company any loans or advances to such subsidiary from the Company or from transferring any of such subsidiary's property or assets to the Company or any other subsidiary of the Company, except as described in or contemplated by the Prospectus.

  • Limitations on Dividends and Other Payment Restrictions Affecting Subsidiaries Create or otherwise cause, incur, assume, suffer or permit to exist or become effective any consensual encumbrance or restriction of any kind on the ability of any Subsidiary of any Loan Party (i) to pay dividends or to make any other distribution on any shares of Equity Interests of such Subsidiary owned by any Loan Party or any of its Subsidiaries, (ii) to pay or prepay or to subordinate any Indebtedness owed to any Loan Party or any of its Subsidiaries, (iii) to make loans or advances to any Loan Party or any of its Subsidiaries or (iv) to transfer any of its property or assets to any Loan Party or any of its Subsidiaries, or permit any of its Subsidiaries to do any of the foregoing; provided, however, that nothing in any of clauses (i) through (iv) of this Section 7.02(k) shall prohibit or restrict compliance with:

  • Distributions; Capital Change; Restricted Investments Neither the Borrower nor any of its Subsidiaries shall (i) directly or indirectly declare or make, or incur any liability to make, any Distribution, except Distributions to the Borrower by its Subsidiaries, (ii) make any change in its capital structure which could have a Material Adverse Effect or issue any capital stock other than common stock or (iii) make any Restricted Investment.

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