Common use of Limitation on Dividends and Other Restrictions Affecting Restricted Subsidiaries Clause in Contracts

Limitation on Dividends and Other Restrictions Affecting Restricted Subsidiaries. The Parent Guarantor will not, and will not permit any Restricted Subsidiary (other than the Issuer or a Subsidiary Guarantor) to, directly or indirectly, create or otherwise cause or permit to exist or become effective any consensual encumbrance or consensual restriction on the ability of such Restricted Subsidiary to:

Appears in 12 contracts

Samples: Indenture (Weatherford International PLC), Indenture (Weatherford International PLC), Indenture (Weatherford Irish Holdings Ltd.)

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Limitation on Dividends and Other Restrictions Affecting Restricted Subsidiaries. The Parent Guarantor will Issuer shall not, and will shall not permit any Restricted Subsidiary (other than the Issuer or a Subsidiary Guarantor) to, directly or indirectly, create or otherwise cause or permit to exist or become effective any consensual encumbrance or consensual restriction on the ability of such any Restricted Subsidiary to:

Appears in 1 contract

Samples: Indenture (Urs Corp /New/)

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Limitation on Dividends and Other Restrictions Affecting Restricted Subsidiaries. The Parent Guarantor will not, and will not permit any Restricted Subsidiary (other than the Issuer or a Subsidiary Guarantor) to, directly or indirectly, create or 100 otherwise cause or permit to exist or become effective any consensual encumbrance or consensual restriction on the ability of such Restricted Subsidiary to:

Appears in 1 contract

Samples: Indenture (Weatherford International PLC)

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