Common use of Distributions; Restricted Investments Clause in Contracts

Distributions; Restricted Investments. Neither Holdings nor any of its Restricted Subsidiaries shall (a) directly or indirectly declare or make, or incur any liability to make, any Distribution, except Permitted Distributions, or (b) make any Investment, except Permitted Investments.

Appears in 5 contracts

Samples: Credit Agreement (United Rentals North America Inc), Credit Agreement (United Rentals North America Inc), Credit Agreement (United Rentals North America Inc)

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Distributions; Restricted Investments. Neither Holdings the Company nor any of its Restricted Subsidiaries shall (a) directly or indirectly declare or make, or incur any liability to make, any Distribution, except Permitted Distributions, or (b) make any Investment, except Permitted Investments.

Appears in 3 contracts

Samples: Credit Agreement (Herc Holdings Inc), Credit Agreement (Herc Holdings Inc), Credit Agreement (Herc Holdings Inc)

Distributions; Restricted Investments. Neither Holdings any Borrower nor any of its Restricted Subsidiaries shall (a) directly or indirectly declare or make, or incur any liability to make, any Distribution, except Permitted Distributions, or (b) make any Investment, except Permitted Investments.

Appears in 2 contracts

Samples: Credit Agreement (United Rentals Inc /De), Credit Agreement (United Rentals North America Inc)

Distributions; Restricted Investments. Neither Holdings any Obligor nor any of its Restricted Subsidiaries Subsidiary shall (a) directly or indirectly declare or make, or incur any liability to make, any Distribution, except for Permitted Distributions, or (b) make any Restricted Investment, except Permitted Investments.

Appears in 1 contract

Samples: Credit and Security Agreement (PSS World Medical Inc)

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Distributions; Restricted Investments. Neither Holdings nor any of its Restricted Subsidiaries shall (a) directly or indirectly declare or make, or incur any liability to make, any Distribution, except Permitted Distributions, or (b) make any Investment, except Permitted Investments.

Appears in 1 contract

Samples: Credit Agreement (United Rentals Inc /De)

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