Common use of Limitation on Distributions from Restricted Subsidiaries Clause in Contracts

Limitation on Distributions from Restricted Subsidiaries. The Company shall not, and shall not permit any of its Restricted Subsidiaries to, create or permit to exist or become effective any consensual encumbrance or restriction on the ability of any such Restricted Subsidiary to:

Appears in 4 contracts

Samples: Indenture (North Atlantic Holding Company, Inc.), Financing Agreement (North Atlantic Trading Co Inc), Indenture (North Atlantic Trading Co Inc)

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Limitation on Distributions from Restricted Subsidiaries. (a) The Company shall will not, and shall will not permit any of its Restricted Subsidiaries to, create or permit otherwise cause or suffer to exist or become effective any consensual encumbrance or restriction on the ability of any such Restricted Subsidiary to:to (all such restrictions and other actions set forth in the following clauses (1) through (5) being collectively referred to as the “Payment Restrictions”):

Appears in 4 contracts

Samples: Indenture (Star Gas Partners Lp), Indenture (Star Gas Partners Lp), Indenture (Star Gas Finance Co)

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Limitation on Distributions from Restricted Subsidiaries. (a) The Company shall not, and shall not permit any of its Restricted Subsidiaries Subsidiary to, create or otherwise cause or permit to exist or become effective or enter into any consensual encumbrance or restriction on the ability of any such Restricted Subsidiary to:

Appears in 1 contract

Samples: Indenture (Thor Industries Inc)

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