Distributions; Capital Change; Restricted Investments. Such Loan Party shall not, and shall not suffer or permit any of its Subsidiaries to, (i) directly or indirectly declare or make, or incur any liability to make, any Distribution, except a Distribution to a Loan Party, (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.
Appears in 2 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement (Spiegel Inc)
Distributions; Capital Change; Restricted Investments. Such No Loan Party shall not, and shall not suffer or permit any of its Subsidiaries to, (i) directly or indirectly declare or make, or incur any liability to make, any Distribution, except a Distribution to a Loan Partyfor Permitted Distributions, (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 or have any Restricted Investment.;
Appears in 2 contracts
Samples: Term Loan Agreement (Salton Inc), Term Loan Agreement (Harbinger Capital Partners Master Fund I, Ltd.)
Distributions; Capital Change; Restricted Investments. Such No Loan Party shall not, and shall not suffer or permit any of its Subsidiaries to, (i) directly or indirectly declare or make, or incur any liability to make, any Distribution, except Distributions by a Distribution Loan Party to a another Loan Party, (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.
Appears in 2 contracts
Samples: Credit Agreement (Applica Inc), Credit Agreement (Applica Inc)
Distributions; Capital Change; Restricted Investments. Such No Loan Party shall not, and shall not suffer or permit any of its Subsidiaries to, (ia) directly or indirectly declare or make, or incur any liability to make, any Distribution, except Distributions by a Distribution Loan Party to a another Loan Party, (iib) make any change in its capital structure which could reasonably be expected to have a Material Adverse Effect or issue any capital stock other than common stock Effect, or (iiic) make any Restricted Investment.
Appears in 1 contract
Distributions; Capital Change; Restricted Investments. Such No Loan Party shall not, and shall not suffer or permit any of its Subsidiaries to, (i) directly or indirectly declare or make, or incur any liability to make, any Distribution, except a Distribution to a Loan Partyfor Permitted Distributions, (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 or have any Restricted Investment.
Appears in 1 contract
Samples: Credit Agreement (Salton Inc)
Distributions; Capital Change; Restricted Investments. Such No Loan Party shall not, and shall not suffer or permit any of its Subsidiaries to, (i) directly or indirectly declare or make, or incur any liability to make, any Distribution, except Distributions by a Distribution Loan Party to a another Loan Party, (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 or have any Restricted Investment.
Appears in 1 contract
Samples: Credit Agreement (Applica Inc)
Distributions; Capital Change; Restricted Investments. Such Neither such Loan Party shall not, and shall not suffer or permit nor any of its Subsidiaries to, shall (i) directly or indirectly declare or make, or incur any liability to make, any Distribution, except a Distribution Distributions to a such Loan PartyParty 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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