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

Limitation on Certain Restrictions on Subsidiaries. No Borrower will nor will permit any of its Material Subsidiaries, to create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Borrower or any Material Subsidiary of any Borrower to (a) pay dividends or make any other distributions on its Equity Interests or pay any Indebtedness or other Obligation owed to the Company or any of its other Subsidiaries, (b) make any loans or advances to the Company or any of its other Material Subsidiaries, or (c) transfer any of its property to the Company or any of its other Material Subsidiaries, except:

Limitation on Certain Restrictions on Subsidiaries. No Borrower will nor will permit any of its Material Subsidiaries, to create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Borrower or any Material Subsidiary of any Borrower to (ai) pay dividends or make any other distributions on its Equity Interests Capital Stock to Company or any of its other Subsidiaries or pay any Indebtedness or other Obligation owed to the Company or any of its other Subsidiaries, (bii) make any loans or advances to the Company or any of its other Material Subsidiaries, or (ciii) transfer any of its property to the Company or any of its other Material Subsidiaries, except:

Limitation on Certain Restrictions on Subsidiaries. No Borrower will nor will permit any of its Material Subsidiaries, to create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Borrower or any Material Subsidiary of any Borrower to (ai) pay dividends or make any other distributions on its Equity Interests Capital Stock or pay any Indebtedness or other Obligation owed to the Company or any of its other Subsidiaries, (bii) make any loans or advances to the Company or any of its other Material Subsidiaries, or (ciii) transfer any of its property to the Company or any of its other Material Subsidiaries, except: