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

Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. The Company may not, and may not permit any Subsidiary to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any encumbrance or restriction on the ability of any Subsidiary of the Company to pay dividends (in cash or otherwise) or make any other distributions in respect of its Capital Stock owned by the Company or any other Subsidiary of the Company. Notwithstanding the foregoing, the Company may, and may permit any Subsidiary to, suffer to exist any such encumbrance or restriction:

Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. The Company may not, and may not permit any Subsidiary of the Company to, directly or indirectlycreate, create assume or otherwise cause or suffer to exist or become effective any encumbrance or restriction on the ability of any Subsidiary of the Company Company, directly or indirectly, (i) to pay dividends (in cash or otherwise) or make any other distributions in respect of its Capital Stock owned by the Company or pay any Debt or other Subsidiary of the Company. Notwithstanding the foregoing, the Company may, and may permit any Subsidiary obligation owed to, suffer to exist any such encumbrance or restriction:

Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. The Company may will not, and may will not permit any Subsidiary to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any consensual encumbrance or restriction on the ability of any Subsidiary of the Company to (a) pay dividends (in cash or otherwise) or make any other distributions in respect of on its Capital Stock owned by the Company or any other Subsidiary of the Company. Notwithstanding the foregoing, the Company may, and may permit any Subsidiary to, suffer to exist any such encumbrance or restriction:or