Common use of Distributions; Capital Change; Restricted Investments Clause in Contracts

Distributions; Capital Change; Restricted Investments. No Credit Party shall (i) directly or indirectly declare or make, or incur any liability to make, any Distribution, except (A) in connection with an with an Eligible Securities Repurchase, and (B) Distributions to the Borrower by its Subsidiaries, (ii) make any change in its capital structure which could have a Material Adverse Effect or (iii) make any Investments in or to any Person, except for Permitted Investments.

Appears in 2 contracts

Samples: Credit Agreement (Kforce Com Inc), Credit Agreement (Kforce Com Inc)

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Distributions; Capital Change; Restricted Investments. No Credit Borrower Party shall (ia) directly or indirectly declare or make, or incur any liability to make, any Distribution, except (A) in connection with an with an Eligible Securities Repurchase, and (B) Distributions to the a Borrower by its Subsidiaries, (iib) make any change in its capital structure which could have a Material Adverse Effect Effect, or (iiic) make any Investments in or to any Person, except for Permitted InvestmentsRestricted Investment.

Appears in 1 contract

Samples: Reimbursement and Senior Secured Credit Agreement (Salton Inc)

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Distributions; Capital Change; Restricted Investments. No Credit Party shall (ia) directly or indirectly declare or make, or incur any liability to make, any Distribution, except (A) in connection with an with an Eligible Securities Repurchase, and (B) Distributions to the Borrower a Credit Party by its SubsidiariesSubsidiaries and Permitted Distributions, (iib) make any change in its capital structure which could have a Material Adverse Effect or (iiic) make any Investments in or to any Person, except for Permitted InvestmentsRestricted Investment.

Appears in 1 contract

Samples: Credit Agreement (Spherion Corp)

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