Common use of Dividends and Other Payment Restrictions Affecting Restricted Subsidiaries Clause in Contracts

Dividends and Other Payment Restrictions Affecting Restricted Subsidiaries. (a) The U.S. Borrower shall not, and shall not permit any Restricted Subsidiary that is not a Subsidiary Guarantor to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any consensual encumbrance or consensual restriction on the ability of any such Restricted Subsidiary to:

Appears in 13 contracts

Samples: Credit Agreement (Vestis Corp), Credit Agreement (Vestis Corp), Credit Agreement (Aramark)

AutoNDA by SimpleDocs

Dividends and Other Payment Restrictions Affecting Restricted Subsidiaries. (a) The U.S. Borrower shall not, and shall not permit any Restricted Subsidiary that is not a Subsidiary Guarantor to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any consensual encumbrance or consensual restriction on the ability of any such Restricted Subsidiary to:

Appears in 8 contracts

Samples: Credit Agreement (Clean Harbors Inc), First Amendment (Clean Harbors Inc), Credit Agreement (Clean Harbors Inc)

Dividends and Other Payment Restrictions Affecting Restricted Subsidiaries. (a) The U.S. Borrower shall Agent and the Parent Guarantors will not, and shall will not permit any of their Restricted Subsidiary that is not a Subsidiary Guarantor Subsidiaries to, directly or indirectly, create or otherwise cause or suffer permit to exist or become effective any consensual encumbrance or consensual restriction on the ability of any such Restricted Subsidiary to:

Appears in 4 contracts

Samples: Credit Agreement (Pyxus International, Inc.), Abl Credit Agreement (Pyxus International, Inc.), Credit Agreement (Pyxus International, Inc.)

Dividends and Other Payment Restrictions Affecting Restricted Subsidiaries. (a) The U.S. Borrower shall will not, and shall will not permit any Restricted Subsidiary that is not a Subsidiary Guarantor to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any consensual encumbrance or consensual restriction on the ability of any such Restricted Subsidiary to:

Appears in 3 contracts

Samples: Credit Agreement (Aircastle LTD), Credit Agreement (Aircastle LTD), Credit Agreement (Aircastle LTD)

Dividends and Other Payment Restrictions Affecting Restricted Subsidiaries. (a) The U.S. Borrower shall and the Parent Guarantors will not, and shall will not permit any of their Restricted Subsidiary that is not a Subsidiary Guarantor Subsidiaries to, directly or indirectly, create or otherwise cause or suffer permit to exist or become effective any consensual encumbrance or consensual restriction on the ability of any such Restricted Subsidiary to:

Appears in 1 contract

Samples: Exit Abl Credit Agreement (Pyxus International, Inc.)

Dividends and Other Payment Restrictions Affecting Restricted Subsidiaries. (ae) The U.S. Borrower shall not, and shall not permit any Restricted Subsidiary that is not a Subsidiary Guarantor to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any consensual encumbrance or consensual restriction on the ability of any such Restricted Subsidiary to:

Appears in 1 contract

Samples: Credit Agreement (ARAMARK Holdings Corp)

AutoNDA by SimpleDocs

Dividends and Other Payment Restrictions Affecting Restricted Subsidiaries. (a) The U.S. Borrower shall not, and shall not permit any of its Restricted Subsidiary that is not a Subsidiary Guarantor Subsidiaries to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any consensual encumbrance or consensual restriction on the ability of any such Restricted Subsidiary to:

Appears in 1 contract

Samples: Bridge Credit Agreement (Viasat Inc)

Dividends and Other Payment Restrictions Affecting Restricted Subsidiaries. (a) The U.S. Borrower shall not, and shall not permit any of its Restricted Subsidiary that is not a Subsidiary Guarantor Subsidiaries to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any consensual encumbrance or consensual restriction of any kind on the ability of any such Restricted Subsidiary to:

Appears in 1 contract

Samples: Loan Agreement (Open Joint Stock Co Vimpel Communications)

Dividends and Other Payment Restrictions Affecting Restricted Subsidiaries. (a) The U.S. Borrower shall not, and shall not permit any of its Restricted Subsidiary that is not a Subsidiary Guarantor Subsidiaries to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any consensual encumbrance or consensual restriction on the ability of any such Restricted Subsidiary to:

Appears in 1 contract

Samples: Senior Subordinated Loan Agreement (J Crew Group Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.