Limitation on Dividends. Declare or pay any dividend (other than dividends payable solely in common stock of the Borrower) on, or make any payment on account of, or set apart assets for a sinking or other analogous fund for, the purchase, redemption, defeasance, retirement or other acquisition of, any shares of any class of Capital Stock of the Borrower or any warrants or options to purchase any such Capital Stock, whether now or hereafter outstanding, or make any other distribution in respect thereof, either directly or indirectly, whether in cash or property or in obligations of the Borrower or any Subsidiary other than Permitted Stock Payments.
Appears in 14 contracts
Samples: Credit Agreement (L 3 Communications Corp), Credit Agreement (Southern California Microwave Inc), Credit Agreement (L 3 Communications Corp)
Limitation on Dividends. Declare or pay any dividend (other than dividends payable solely in common stock of the BorrowerPerson making such dividend) on, or make any payment on account of, or set apart assets for a sinking or other analogous fund for, the purchase, redemption, defeasance, retirement or other acquisition of, any shares of any class of Capital Stock of the Borrower or any Subsidiary or any warrants or options to purchase any such Capital Stock, whether now or hereafter outstanding, or make any other distribution in respect thereof, either directly or indirectly, whether in cash or property or in obligations of the Borrower or any Subsidiary other than Permitted Stock (collectively, "Restricted Payments."), except that:
Appears in 8 contracts
Samples: Credit Agreement (Friendly Ice Cream Corp), Credit Agreement (International Home Foods Inc), Credit Agreement (Bear Island Finance Co Ii)
Limitation on Dividends. Declare or pay any dividend on (other than dividends payable solely in common stock of the Borrower) on), or make any payment on account of, or set apart assets for a sinking or other analogous fund for, the purchase, redemption, defeasance, retirement or other acquisition of, any shares of any class of Capital Stock of the Borrower or any Subsidiary or any warrants or options to purchase any such Capital Stock, whether now or hereafter outstanding, or make any other distribution in respect thereof, either directly or indirectly, whether in cash or property or in obligations of the Borrower or any Subsidiary other than Permitted Stock Payments.Subsidiary, except that:
Appears in 3 contracts
Samples: Credit Agreement (Meridian Resource Corp), Credit Agreement (Meridian Resource Corp), Credit Agreement (Meridian Resource Corp)
Limitation on Dividends. Declare or pay any dividend (other than dividends payable solely in common stock of the Borrower) on, or make any payment on account of, or set apart assets for a sinking or other analogous fund for, the purchase, redemption, defeasance, retirement or other acquisition of, any shares of any class of Capital Stock of the Borrower or any warrants or options to purchase any such Capital Stock, whether now or hereafter outstanding, or make any other distribution in respect thereof, either directly or indirectly, whether in cash or property or in obligations of the Borrower or any Subsidiary other than Permitted Stock Payments.Subsidiary, except
Appears in 3 contracts
Samples: Term Loan Agreement (Infocrossing Inc), Term Loan Agreement (Midocean Capital Partners Lp), Term Loan Agreement (Sandler Capital Management)
Limitation on Dividends. Declare or pay any dividend (other than dividends payable solely in common stock of the Borrower) on, or make any payment on account of, or set apart assets for a sinking or other analogous fund for, the purchase, redemption, defeasance, retirement or other acquisition of, any shares of any class of Capital Stock of the Borrower or any warrants or options to purchase any such Capital Stock, whether now or hereafter outstanding, or make any other distribution in respect thereof, either directly or indirectly, whether in cash or property or in obligations of the Borrower or any Subsidiary other than Permitted Stock PaymentsSubsidiary.
Appears in 2 contracts
Samples: Credit Agreement (Brown Tom Inc /De), Credit Agreement (Transtexas Gas Corp)
Limitation on Dividends. Declare or pay any dividend (other than dividends payable solely in common stock of the Borrower) on, or make any payment on account of, or set apart assets for a sinking or other analogous fund for, for the purchase, redemption, defeasance, retirement or other acquisition of, of any shares of any class of Capital Stock capital stock of the Borrower or any Subsidiary or any warrants or options to purchase any such Capital Stockcapital stock, whether now or hereafter outstanding, or make any other distribution in respect thereof, either directly or indirectly, whether in cash or property or in obligations of the Borrower or any Subsidiary other than Permitted Stock (collectively, “Restricted Payments), except that any Subsidiary may make Restricted Payments to the Borrower.
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Limitation on Dividends. Declare or pay any dividend (other than dividends payable solely in common stock Capital Stock of the BorrowerHoldings) on, or make any payment on account of, or set apart assets for a sinking or other analogous fund for, the purchase, redemption, defeasance, retirement or other acquisition of, any shares of any class of Capital Stock of Holdings or the Borrower Company or any warrants or options to purchase any such Capital Stock, whether now or hereafter outstanding, or make any other distribution in respect thereof, either directly or indirectly, whether in cash or property or in obligations of Holdings, the Borrower Company or any Subsidiary other than Permitted Stock Payments.Subsidiary, except that:
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Limitation on Dividends. Declare or pay any dividend (other than dividends payable solely in common stock of the BorrowerCompany or an increase in the stated value of the Preferred Shares) on, or make any payment on account of, or set apart assets for a sinking or other analogous fund for, the purchase, redemption, defeasance, retirement or other acquisition of, any shares of any class of Capital Stock of the Borrower Company or any Subsidiary or any warrants or options to purchase any such Capital Stock, whether now or hereafter outstanding, or make any other distribution in respect thereof, either directly or indirectly, whether in cash or property or in obligations of the Borrower Company or any Subsidiary other than Permitted Stock Payments.Subsidiary, except:
Appears in 1 contract
Samples: Credit Agreement (Juno Lighting Inc)
Limitation on Dividends. Declare or pay any dividend (other than ----------------------- dividends payable solely in common stock of the relevant Borrower) on, or make any payment on account of, or set apart assets for a sinking or other analogous fund for, the purchase, redemption, defeasance, retirement or other acquisition of, any shares of any class of Capital Stock of the such Borrower or any warrants or options to purchase any such Capital Stock, whether now or hereafter outstanding, or make any other distribution in respect thereof, either directly or indirectly, whether in cash or property or in obligations of the such Borrower or any Subsidiary other than Permitted Stock PaymentsSubsidiary.
Appears in 1 contract
Samples: Credit Agreement (Asi Solutions Inc)
Limitation on Dividends. Declare or pay any dividend (other than ----------------------- dividends payable solely in common stock of the Borrower) on, or make any payment on account of, or set apart assets for a sinking or other analogous fund for, the purchase, redemption, defeasance, retirement or other acquisition of, any shares of any class of Capital Stock of the Borrower or any warrants or options to purchase any such Capital Stock, whether now or hereafter outstanding, or make any other distribution in respect thereof, either directly or indirectly, whether in cash or property or in obligations of the Borrower or any Subsidiary other than Subsidiary, except that Permitted Stock PaymentsRestricted Payments may be made.
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