Common use of Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries Clause in Contracts

Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. (a) The Issuer will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly, create or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary that is not a Guarantor to:

Appears in 5 contracts

Samples: Indenture (Hess Midstream LP), Indenture (Hess Midstream LP), Indenture (Hess Midstream LP)

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Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. (a) The Issuer Parent will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly, create or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary that is not a Guarantor to:

Appears in 3 contracts

Samples: Indenture (Summit Midstream Partners, LP), Supplemental Indenture (Summit Midstream Partners, LP), Indenture (Summit Midstream Partners, LP)

Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. (a) The Except as provided in paragraph (b), the Main Issuer will not, and will not permit any of its Restricted Subsidiaries Subsidiary to, directly create or indirectly, create otherwise cause or permit to exist or become effective any consensual encumbrance or restriction of any kind on the ability of any Restricted Subsidiary that is not a Guarantor to:

Appears in 3 contracts

Samples: Agreement (Peabody Energy Corp), Agreement (Peabody Energy Corp), Agreement (Peabody Energy Corp)

Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. (a) i. The Issuer will not, and will not permit any of its Restricted Subsidiaries Subsidiary to, directly or indirectly, create or permit to exist or become effective any consensual encumbrance or restriction on the ability of any wholly-owned Restricted Subsidiary that is not a Guarantor to:to pay dividends, repay indebtedness, make loans or transfer assets to the Issuer or any other Restricted Subsidiary.

Appears in 1 contract

Samples: Restructuring Support Agreement (Luckin Coffee Inc.)

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Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. (a) The Issuer Except as provided in Section 4.11(b), the Guarantor will not, and will not permit any of its Restricted Subsidiaries to, directly create or indirectly, create otherwise cause or permit to exist or become effective any consensual encumbrance or restriction of any kind on the ability of any Restricted Subsidiary that is not a Guarantor to:

Appears in 1 contract

Samples: Indenture (Cosan Ltd.)

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