Common use of Distributions; Upstream Payments Clause in Contracts

Distributions; Upstream Payments. Make or declare any Distributions other than, (a) Upstream Payments and (b) dispositions by Obligors and Subsidiaries permitted hereunder.

Appears in 3 contracts

Samples: Loan and Security Agreement (Commercial Vehicle Group, Inc.), Loan and Security Agreement (Commercial Vehicle Group, Inc.), Loan and Security Agreement (Commercial Vehicle Group, Inc.)

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Distributions; Upstream Payments. Make or declare any Distributions other than, (a) Declare or make any Distributions, except (i) Upstream Payments and (bii) dispositions by Obligors and Subsidiaries permitted hereunder.other Distributions made when the Payment Conditions are met; or

Appears in 3 contracts

Samples: Loan and Security Agreement (Orion Energy Systems, Inc.), Loan and Security Agreement (Orion Energy Systems, Inc.), Loan and Security Agreement (Orion Energy Systems, Inc.)

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Distributions; Upstream Payments. Make or declare any Distributions other than, (a) Declare or make any Distributions, except: (i) Upstream Payments Payments, (ii) Permitted Tax Distributions, and (biii) dispositions by Obligors and Subsidiaries permitted hereunderPermitted Non-Tax Distributions.

Appears in 2 contracts

Samples: Loan and Security Agreement (LIVE VENTURES Inc), Loan and Security Agreement (LIVE VENTURES Inc)

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