Common use of Distributions, Bonuses and Other Indebtedness Clause in Contracts

Distributions, Bonuses and Other Indebtedness. Borrower shall not: (i) declare or pay any cash bonus compensation to its officers if an Event of Default exists or would result from the payment thereof; (ii) incur, become liable for or suffer to exist any Indebtedness other than Permitted Indebtedness; (iii) make any prepayments on any existing or future Indebtedness (other than the Obligations); or (iv) make any Restricted Payments other than as permitted by clause (b)(v) of the definition of Permitted Investments.

Distributions, Bonuses and Other Indebtedness. No Borrower shall notshall: (ia) declare or pay any cash bonus compensation to its officers if an Event of Default exists or would result from the payment thereof; (iib) incur, hereafter incur or become liable for or suffer to exist any Indebtedness other than Permitted Indebtedness; (iiic) make any prepayments on any existing or future Indebtedness (other than the Obligations); or (ivd) during the continuance of an Event of Default make any Restricted Payments other than as permitted by clause (b)(v) of the definition of Permitted Investmentsdistributions or dividends to Parent.

Distributions, Bonuses and Other Indebtedness. Borrower shall not: (i) declare or pay any cash bonus compensation to its officers if an Event of Default exists or would result from the payment thereof; (ii) incur, hereafter incur or become liable for or suffer to exist any Indebtedness other than Permitted Indebtedness; (iii) make any prepayments on any existing or future Indebtedness (other than the Obligations); or (iv) during the continuance of an Event of Default make any Restricted Payments other than as permitted by clause (b)(v) of the definition of Permitted Investmentsdistributions or dividends to Parent.

Distributions, Bonuses and Other Indebtedness. Borrower shall not: (ia) declare or pay any cash bonus compensation to its officers if an Event of Default exists or would result from the payment thereof; (iib) incur, hereafter incur or become liable for or suffer to exist any Indebtedness other than Permitted Indebtedness; (iiic) make any prepayments on any existing or future Indebtedness (other than the Obligations); or (iv) make any Restricted Payments other than as permitted by clause (b)(v) of the definition of Permitted Investments.

Distributions, Bonuses and Other Indebtedness. Borrower shall not: (ia) declare or pay or make any forms of Distribution, except for Permitted Distributions; (b) declare or pay any cash bonus compensation to its officers if an a Default or Event of Default exists is outstanding or, after giving effect to any such bonus compensation, a Default or Event of Default would result from the payment thereofoccur; (iic) incur, hereafter incur or become liable for or suffer to exist any Indebtedness other than Permitted Indebtedness; (iii) make any prepayments on any existing or future Indebtedness (other than the Obligations); or (iv) make any Restricted Payments other than as permitted by clause (b)(v) of the definition of Permitted Investments.

Distributions, Bonuses and Other Indebtedness. Borrower shall not: (i) declare or pay any cash bonus compensation to its officers if an Event of Default exists or would result from the payment thereof; (ii) incur, hereafter incur or become liable for or suffer to exist any Indebtedness other than Permitted Indebtedness; (iii) make any prepayments on any existing or future Indebtedness (other than the Obligations); or (iv) during the continuance of an Event of Default make any Restricted Payments other than as permitted by clause (b)(v) of the definition of Permitted Investmentsdistributions or dividends to Xxxxxx.