Limitation on Indebtedness and Preferred Stock. Create, incur, assume or suffer to exist any Indebtedness or preferred stock (other than preferred stock which, by its terms, does not require the payment of any cash dividends thereon or redemption/reimbursement obligations or impose any cash penalties (other than accrual of dividends on unpaid dividends) for the failure to declare cash dividends thereon), except:
Appears in 3 contracts
Samples: Credit Agreement (Zaring National Corp), Floor Plan Agreement (Zaring National Corp), Credit Agreement (Zaring National Corp)
Limitation on Indebtedness and Preferred Stock. Create, incur, assume or suffer to exist any Indebtedness or preferred stock (other than preferred stock which, by its terms, does not require the payment of any cash dividends thereon or redemption/reimbursement obligations or impose any cash penalties (other than accrual of dividends on unpaid dividends) for the failure to declare cash dividends thereon), except:
Appears in 2 contracts
Samples: Credit Agreement (Reebok International LTD), Credit Agreement (Sight Resource Corp)
Limitation on Indebtedness and Preferred Stock. CreateNot to create, incur, assume or suffer to exist any Indebtedness or preferred stock (other than preferred stock whichwhich is Margin Stock, or by its terms, does not require the payment of any cash dividends thereon or redemption/reimbursement obligations or impose any cash penalties (other than accrual of dividends on unpaid dividends) for the failure to declare cash dividends thereon), except:
Appears in 1 contract
Samples: Credit Agreement (Tefron LTD)
