Common use of Limitation on Certain Restrictions on Subsidiaries Clause in Contracts

Limitation on Certain Restrictions on Subsidiaries. Company will not, nor will permit any of its Material Subsidiaries or Purchaser to, create or otherwise cause or 109 permit to exist or become effective any consensual encumbrance or restriction on the ability of Company or any Material Subsidiary of Company or Purchaser to (i) pay dividends or make any other distributions on its Capital Stock to Company or any of its Subsidiaries or pay any Indebtedness or other Obligation owed to Company or any of its Subsidiaries, (ii) make any loans or advances to Company or any of its Material Subsidiaries or Purchaser, or (iii) transfer any of its property to Company or any of its Material Subsidiaries or Purchaser, except:

Limitation on Certain Restrictions on Subsidiaries. Company will not, nor will permit any of its Material Subsidiaries or Purchaser to, create or otherwise cause or 109 permit to exist or become effective any consensual encumbrance or restriction on the ability of Company or any Material Subsidiary of Company or Purchaser to (i) pay dividends or make any other distributions on its Capital Stock to Company or any of its Subsidiaries or pay any Indebtedness or other Obligation owed to Company or any of its Subsidiaries, (ii) make any loans or advances to Company or any of its Material Subsidiaries or Purchaser, or (iii) transfer any of its property to Company or any of its Material Subsidiaries or Purchaser, except:

Limitation on Certain Restrictions on Subsidiaries. The Company will not, not nor will the Company permit any of its Material Subsidiaries or Purchaser toSubsidiaries, to create or otherwise cause or 109 permit to exist or become effective any consensual encumbrance or restriction on the ability of Company the Company, the Borrower or any Material Subsidiary of the Company or Purchaser the Borrower to (ia) pay dividends or make any other distributions on its Capital Stock to Company or any of its Subsidiaries Equity Interests or pay any Indebtedness or other Obligation owed to the Company or any of its other Subsidiaries, (iib) make any loans or advances to the Company or any of its other Material Subsidiaries or PurchaserSubsidiaries, or (iiic) transfer any of its property to the Company or any of its other Material Subsidiaries or PurchaserSubsidiaries, except:

Limitation on Certain Restrictions on Subsidiaries. Company will notNo Borrower will, nor will permit any of its Material Subsidiaries or Purchaser to, create or otherwise cause or 109 permit to exist or become effective any consensual encumbrance or restriction on the ability of Company any Borrower or any Material Subsidiary of Company or Purchaser to (i) pay dividends or make any other distributions on its Capital Stock to Company or any of its Subsidiaries or pay any Indebtedness or other Obligation owed to Company or any of its Subsidiaries, (ii) make any loans or advances to Company or any of its Material Subsidiaries or Purchaser, or (iii) transfer any of its property to Company or any of its Material Subsidiaries or Purchaser, except: