Investments and Restricted Payments Sample Clauses

Investments and Restricted Payments. Except as otherwise permitted herein, make any Investments in any Person or any Restricted Payments except:
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Investments and Restricted Payments. No Company shall, directly or indirectly, declare, make, or pay any Investment or Restricted Payment, other than:
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Investments and Restricted Payments. 71 7.02 Other Obligations........................................................73 7.03 Other Security...........................................................75 7.04 Subordinated Debt; Senior Unsecured Notes................................76 7.05 Liquidation; Merger......................................................77 7.06 Capital Expenditures.....................................................77 7.07 Change in Business.......................................................78 7.08 Disposal of Assets.......................................................78 7.09 Limitation on Optional Payments and Modifications of Debt Instruments and Receivables Program Documents..........................80 7.10 Limitation on Transactions with Affiliates...............................81 7.11 Limitation on Sales and Leasebacks.......................................82 7.12 Limitation on Changes in Fiscal Year.....................................82
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Investments and Restricted Payments not otherwise prohibited hereby; (i) Dispositions of equipment or property to the extent that (i) such property is exchanged for credit against the purchase price of similar replacement property or (ii) the proceeds of such Disposition are reasonably promptly applied to the purchase price of such replacement property, and (j) the sale or issuance of Equity Interests by a Loan Party, so long as (i) no Change of Control would result therefrom and (ii) all Equity Interests of each Loan Party (other than the Parent) are held by another Loan Party.
Sample 1
Investments and Restricted Payments. 14.5.1 Until such time as Facility B is fully repaid and cancelled, make any Restricted Payment. Until such time as Facility B is fully repaid and cancelled, make any Investment (other than a Permitted Investment), unless after giving effect to such Investment, (i) the ratio of Total Debt to EBITDA calculated on a quarterly basis as set out in subsection 13.11.4 is less than or equal to 3.25:1 for the two previous fiscal quarters and the two subsequent fiscal quarters on a pro forma basis, and (ii) the aggregate amount of all Investments (other than Permitted Investments) made by the Restricted Group up to such date would not exceed 10% of Consolidated Net Worth as of the end of the most recently ended fiscal quarter. The amount of Investments (other than Permitted Investments) as of the Closing Date is deemed to be US$11,176,870, comprised of the Investments described in Schedule "R" hereto. Once Facility B is fully repaid and cancelled, the Restricted Group shall not make:
Sample 1
Investments and Restricted Payments. 95 14.6 Restrictions on Capital Expenditures....................................................................98 14.7 Transactions with Affiliates............................................................................98 14.8
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Investments and Restricted Payments. 71 7.02 Other Obligations.........................................................73 7.03 Other Security............................................................75 7.04 Subordinated Debt.........................................................75 7.05 Liquidation; Merger.......................................................76 7.06 [Reserved]................................................................76 7.07 Change in Business........................................................76 7.08 Disposal of Assets........................................................76
Sample 1
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Related to Investments and Restricted Payments

  • Restricted Payments Declare or make, directly or indirectly, any Restricted Payment, or incur any obligation (contingent or otherwise) to do so, except that:

  • Restricted Payments, etc On and at all times after the Effective Date:

  • Limitation on Restricted Payments (a) The Company will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly:

  • Limitations on Restricted Payments (a) The Issuer will not, and will not permit any Restricted Subsidiary to, directly or indirectly, make any Restricted Payment if at the time of such Restricted Payment:

  • Restricted Payment In relation to the Borrower and its Subsidiaries, any ------------------ (a) Distribution or (b) payment or prepayment by the Borrower or its Subsidiaries to the Borrower's shareholders or to any Affiliate of the Borrower or the Borrower's shareholders in their capacity as a shareholder.

  • Restricted Payments; Certain Payments of Indebtedness (a) The Borrower will not, and will not permit any Restricted Subsidiary to, declare or make, or agree to pay or make, directly or indirectly, any Restricted Payment, except:

  • Restricted Payments; Restrictive Agreements (a) Declare or make, or agree to declare or make, directly or indirectly, any Restricted Payment (including pursuant to any Synthetic Purchase Agreement), or incur any obligation (contingent or otherwise) to do so; provided, however, that (i) any Subsidiary may declare and pay dividends or make other distributions ratably to its equity holders, (ii) so long as no Event of Default or Default shall have occurred and be continuing or would result therefrom, the Borrower may, or the Borrower may make distributions to Holdings so that Holdings may, repurchase its Equity Interests owned by employees of Holdings, the Borrower or the Subsidiaries or make payments to employees of Holdings, the Borrower or the Subsidiaries upon termination of employment in connection with the exercise of stock options, stock appreciation rights or similar equity incentives or equity based incentives pursuant to management incentive plans or in connection with the death or disability of such employees in an aggregate amount not to exceed $2,000,000 in any fiscal year, (iii) the Borrower may make Restricted Payments to Holdings (x) in an amount not to exceed $500,000 in any fiscal year, to the extent necessary to pay general corporate and overhead expenses incurred by Holdings in the ordinary course of business and (y) if Borrower is a member of a consolidated, combined or unitary group of which Borrower is not the common parent, in an amount necessary to pay the Tax liabilities of the common parent (the “Common Parent”) of the consolidated, combined or unitary group of which Borrower is not the common parent directly attributable to (or arising as a result of) the operations of the Borrower and the Subsidiaries; provided, however, that (A) the amount of such dividends shall not exceed the amount that the Borrower and the Subsidiaries would be required to pay in respect of Federal, state and local taxes were the Borrower and the Subsidiaries to pay such taxes as members of a consolidated, combined or unitary group of which Borrower is the common parent and (B) all Restricted Payments made to Holdings pursuant to this clause (iii) are used by Holdings to make Restricted Payments as specified in clause (iv) within 20 days of the receipt thereof and (iv) if Borrower is a member of a consolidated, combined or unitary group of which Borrower is not the common parent, then Holdings may make Restricted Payments to the Common Parent (x) in an amount not to exceed $500,000 in any fiscal year, to the extent necessary to pay general corporate and overhead expenses incurred by the Common Parent in the ordinary course of business and (y) in an amount necessary to pay the Tax liabilities of the Common Parent directly attributable to (or arising as a result of) the operations of the Borrower and the Subsidiaries; provided, however, that (A) the amount of such dividends shall not exceed the amount that the Borrower and the Subsidiaries would be required to pay in respect of Federal, state and local taxes were the Borrower and the Subsidiaries to pay such taxes as members of a consolidated, combined or unitary group of which Borrower is the common parent and (B) all Restricted Payments made to the Common Parent pursuant to this clause (iv) are used by the Common Parent for the purposes specified herein within 20 days of the receipt thereof.

  • Dividends and Certain Other Restricted Payments The Company shall not, nor shall it permit any of its subsidiaries to, (a) declare or pay any dividends on or make any other distributions in respect of any class or series of its capital stock or other equity interests or (b) directly or indirectly purchase, redeem, or otherwise acquire or retire any of its capital stock or other equity interests or any warrants, options, or similar instruments to acquire the same.

  • Investments in Real Estate Make any investment or commitment to invest in real estate or in any real estate development project (other than by way of foreclosure or acquisitions in a bona fide fiduciary capacity or in satisfaction of a debt previously contracted in good faith, in each case in the ordinary course of business consistent with past practice).

  • Distributions; Capital Change; Restricted Investments Neither the Borrower nor any of its Subsidiaries shall (i) directly or indirectly declare or make, or incur any liability to make, any Distribution, except Distributions to the Borrower 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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