Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. The Company shall not, and shall not cause or permit any of its Restricted Subsidiaries (other than a Restricted Subsidiary that has executed a Guarantee) to, directly or indirectly, create or otherwise cause or permit to exist or become effective any encumbrance or restriction on the ability of any Restricted Subsidiary of the Company to (a) pay dividends or make any other distribution on or in respect of its Capital Stock; (b) make loans or advances or pay any Indebtedness or other obligation owed to the Company or any other Restricted Subsidiary of the Company; or (c) transfer any of its property or assets to the Company or any other Restricted Subsidiary of the Company, except for such encumbrances or restrictions existing under or by reason of:
Appears in 6 contracts
Samples: Indenture (Clean Harbors Inc), Clean Harbors Inc, Indenture (Clean Harbors Inc)
Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. The Company shall not, and shall not cause or permit any of its Restricted Subsidiaries (other than a Restricted Subsidiary that has executed a Guarantee) to, directly or indirectly, create or otherwise cause or permit suffer to exist or become effective or enter into any encumbrance or restriction (other than pursuant to this Indenture, any Note Guarantee or any law, rule, regulation or order) on the ability of any Restricted Subsidiary of the Company to (ai) pay dividends or make any other distribution distributions on its Equity Interests owned by the Company or in respect of its Capital Stock; (b) make loans or advances any Subsidiary or pay any Indebtedness Debt or other obligation owed to the Company or any other Restricted Subsidiary, (ii) make loans or advances to the Company or any Subsidiary of the Company; thereof or (ciii) transfer any of its property or assets to the Company or any other Restricted Subsidiary of Subsidiary. However, the Company, except for such preceding restrictions shall not apply to the following encumbrances or restrictions existing under or by reason of:
Appears in 4 contracts
Samples: Toys R Us Property Co II, LLC, Toys R Us Inc, Toys R Us Inc
Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. The Company shall not, and shall not cause or permit any of its Restricted Subsidiaries (other than a Restricted Subsidiary that has executed a Guarantee) to, directly or indirectly, create or otherwise cause or permit suffer to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary of the Company to to: (a1) pay dividends or make any other distribution distributions to the Company or any other Restricted Subsidiary on or in respect of its Capital Stock; (b) make loans Stock or advances with respect to any other interest or participation in, or measured by, its profits, or pay any Indebtedness or other obligation owed to the Company or any other Restricted Subsidiary, (2) make loans or advances to, or guarantee any Indebtedness or other obligations of, the Company or any other Restricted Subsidiary of the Company; or (c3) transfer any of its property properties or assets to the Company or any other Restricted Subsidiary of the CompanySubsidiary, except for such encumbrances or restrictions existing under or by reason of:
Appears in 3 contracts
Samples: Indenture (Language Line Costa Rica, LLC), Indenture (Atlantic Broadband Management, LLC), Indenture (Language Line Holdings, Inc.)
Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. The Company shall will not, and shall will not cause or permit any of its Restricted Subsidiaries (other than a Restricted Subsidiary that has executed a Guarantee) to, directly or indirectlyindirectly make any Restricted Payment or immediately after giving effect thereto, create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary of the Company to (a) pay dividends or make any other distribution distributions on or in respect of its Capital Stock; (b) make loans or advances or to pay any Indebtedness or other obligation owed to the Company Company, Borrower or any other Restricted Subsidiary of the Company; or (c) transfer any of its property or assets to the Company Company, Borrower or any other Restricted Subsidiary of the Company, except for such encumbrances or restrictions existing under or by reason of:
Appears in 3 contracts
Samples: Bridge Loan Agreement (Lyondell Chemical Co), Bridge Loan Agreement (Lyondell Chemical Co), Bridge Loan Agreement (Lyondell Chemical Co)
Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. The Company shall not, and shall not cause or permit any of its Restricted Subsidiaries (other than a Restricted Subsidiary that has executed a Guarantee) to, directly or indirectly, create or otherwise cause or permit suffer to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary of the Company to to: (a1) pay dividends or make any other distribution distributions to the Company or any other Subsidiary on or in respect of its Capital Stock; (b) make loans Stock or advances with respect to any other interest or participation in, or measured by, its profits, or pay any Indebtedness or other obligation owed to the Company or any other Restricted Subsidiary, (2) make loans or advances to, or guarantee any Indebtedness or other obligations of, the Company or any other Subsidiary of the Company; or (c3) transfer any of its property properties or assets to the Company or any other Restricted Subsidiary of the CompanySubsidiary, except for such encumbrances or restrictions existing under or by reason of:
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Language Line Services Holdings, Inc.), Securities Purchase Agreement (LL Services Inc.), Securities Purchase Agreement (Language Line Holdings, Inc.)
Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. The Company shall not, and shall not cause or permit any of its Restricted Subsidiaries (other than a Restricted Subsidiary that has executed a Guarantee) to, directly or indirectly, create or otherwise cause or permit suffer to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary of the Company to to: (a1) pay dividends or make any other distribution distributions to the Company or any other Restricted Subsidiary on or in respect of its Capital Stock; (b) make loans Stock or advances with respect to any other interest or participation in, or measured by, its profits, or pay any Indebtedness or other obligation owed to the Company or any other Restricted Subsidiary, (2) make loans or advances to, or guarantee any Indebtedness or other obligations of, the Company or any other Restricted Subsidiary of the Company; or (c3) sell or transfer any of its property or assets to the Company or any other Restricted Subsidiary of the CompanySubsidiary, except for such encumbrances or restrictions existing under or by reason of:
Appears in 2 contracts
Samples: Indenture (General Cable Corp /De/), Indenture (General Cable Corp /De/)
Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. The Company shall will not, and shall will not cause or permit any of its Restricted Subsidiaries (other than a Restricted Subsidiary that has executed a Guarantee) to, directly or indirectly, create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary of the Company to (aA) pay dividends or make any other distribution distributions on or in respect of its Capital Stock; (bB) make loans or advances or to pay any Indebtedness or other obligation owed to the Company Company, the Issuer or any other Restricted Subsidiary of the Company; or (cC) transfer any of its property or assets to the Company Company, the Issuer or any other Restricted Subsidiary of the Company, except for such encumbrances or restrictions existing under or by reason of:
Appears in 2 contracts
Samples: Bridge Loan Agreement (Lyondell Chemical Co), Bridge Loan Agreement (Lyondell Chemical Co)
Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. The Company shall not, and shall not cause or permit any of its Restricted Subsidiaries (other than a Restricted Subsidiary that has executed a Guarantee) to, directly or indirectly, create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary of the Company to (aA) pay dividends or make any other distribution distributions on or in respect of its Capital Stock; , (bB) make loans or advances or to pay any Indebtedness or other obligation owed to the Company or any other Restricted Subsidiary of the Company; , or (cC) transfer any of its property or assets to the Company or any other Restricted Subsidiary of the Company, except for such encumbrances or restrictions existing under or by reason of:
Appears in 2 contracts
Samples: Indenture (Huntsman Polymers Corp), Indenture (Huntsman LLC)
Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. The Company shall will not, and shall will not cause or permit any of its Restricted Subsidiaries (other than a Restricted Subsidiary that has executed a Guarantee) to, directly or indirectly, create or otherwise cause or permit to exist or become effective any encumbrance or restriction on the ability of any Restricted Subsidiary of the Company to (a) pay dividends or make any other distribution distributions on or in respect of its Capital Stock; (b) make loans or advances or to pay any Indebtedness or other obligation owed to the Company or any other Restricted Subsidiary of the Company; or (c) transfer any of its property or assets to the Company or any other Restricted Subsidiary of the Company, except for such encumbrances or restrictions existing under or by reason of:: (1) applicable law; (2) this Indenture; (3) the Credit Agree-
Appears in 1 contract
Samples: Atc Group Services Inc /De/
Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. The Company shall not, and shall not cause or permit any of its Restricted Subsidiaries (other than a Restricted Subsidiary that has executed a Guarantee) to, directly or indirectly, create or otherwise cause or permit suffer to exist or become effective any consensual encumbrance or restriction of any kind on the ability of any Restricted Subsidiary of the Company to (a) pay dividends dividends, in cash or otherwise, or make any other distribution distributions on or in respect of its Capital Stock; , (b) make loans or advances or pay any Indebtedness or other obligation Debt owed to the Company or any other Restricted Subsidiary, (c) make loans or advances to the Company or any other Restricted Subsidiary of the Company; or (cd) transfer any of its property properties or assets to the Company or any other Restricted Subsidiary of the CompanySubsidiary, except for such encumbrances or restrictions existing under or by reason ofof any of the following:
Appears in 1 contract
Samples: Drypers Corp
Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. The Company shall not, and shall not cause or permit any of its Restricted Subsidiaries (other than a Restricted Subsidiary that has executed a Guarantee) to, directly or indirectly, create or otherwise cause or permit suffer to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary of the Company to to: (a1) pay dividends or make any other distribution distributions to the Company or any other Restricted Subsidiary on or in respect of its Capital Stock; (b) make loans Stock or advances with respect to any other interest or participation in, or measured by, its profits, or pay any Indebtedness or other obligation owed to the Company or any other Restricted Subsidiary, (2) make loans or advances to, or guarantee any Indebtedness or other obligations of, the Company or any other Restricted Subsidiary of the Company; or (c3) transfer any of its property or assets to the Company or any other Restricted Subsidiary of the CompanySubsidiary, except for such encumbrances or restrictions existing under or by reason of:
Appears in 1 contract
Samples: General Cable Corp /De/
Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. The Company shall not, and shall not cause or permit any of its Restricted Subsidiaries (other than a Restricted Subsidiary that has executed a Guarantee) to, directly or indirectly, create or otherwise cause or permit to exist or become effective any encumbrance or restriction on the ability of any Restricted Subsidiary of the Company to (a) pay dividends or make any other distribution distributions on or in respect of its Capital Stock; (b) make loans or advances or pay any Indebtedness or other obligation owed to the Company or to any other Restricted Subsidiary of the Company; or (c) transfer any of its property or assets to the Company or to any other Restricted Subsidiary of the Company, except for Company (each such encumbrances encumbrance or restrictions existing under or by reason of:restriction in clause (a),
Appears in 1 contract
Samples: Royal Oak Mines Inc
Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. The Company shall will not, and shall will not cause or permit any of its Restricted Subsidiaries (other than a Restricted Subsidiary that has executed a Guarantee) to, directly or indirectly, create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary of the Company to (aA) pay dividends or make any other distribution distributions on or in respect of its Capital Stock; , (bB) make loans or advances or to pay any Indebtedness or other obligation owed to the Company or any other Restricted Subsidiary of the Company; , or (cC) transfer any of its property or assets to the Company or any other Restricted Subsidiary of the Company, except for such encumbrances or restrictions existing under or by reason of:
Appears in 1 contract
Samples: Huntsman Advanced Materials (UK) LTD
Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. The Company shall will not, and shall will not cause or permit any of its Restricted Subsidiaries (other than a Restricted Subsidiary that has executed a Guarantee) to, directly or indirectly, create or otherwise cause or permit to exist or become effective any encumbrance or restriction on the ability of any Restricted Subsidiary of the Company to (a) pay dividends or make any other distribution distributions on or in respect of its Capital Stock; (b) make loans or advances or to pay any Indebtedness or other obligation owed to by the Company or any other Restricted Subsidiary of the CompanySubsidiary; or (c) transfer any of its property or assets to the Company or any other Restricted Subsidiary of the CompanySubsidiary, except for such encumbrances or restrictions existing under or by reason of:: (1) applicable law; and (2) this Agreement.
Appears in 1 contract
Samples: Note and Warrant Purchase Agreement (Artistdirect Inc)