Common use of Limitation on Restrictions on Distributions from Subsidiaries Clause in Contracts

Limitation on Restrictions on Distributions from Subsidiaries. The Company shall not, and shall not permit any Subsidiary to, create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Subsidiary (a) to pay dividends or make any other distributions on its Capital Stock to the Company or any other Subsidiary or pay any Indebtedness owed to the Company or any other Subsidiary, (b) to make any loans or advances to the Company or any other Subsidiary or (c) transfer any of its property or assets to the Company or any other Subsidiary, except:

Appears in 3 contracts

Samples: Fresenius National Medical Care Holdings Inc, Fresenius National Medical Care Holdings Inc, Fresenius National Medical Care Holdings Inc

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Limitation on Restrictions on Distributions from Subsidiaries. The Company shall not, and shall not permit any Subsidiary of the Company to, create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Subsidiary of the Company to (ai) to pay dividends or make any other distributions on its Capital Stock to the Company or any other Subsidiary or pay any Indebtedness Debt owed to the Company or any other SubsidiaryCompany, (bii) to make any loans or advances to the Company or any other Subsidiary or (ciii) transfer any of its property or assets to the Company or any other SubsidiaryCompany, except:

Appears in 3 contracts

Samples: Indenture (Revlon Consumer Products Corp), Indenture (Revlon Inc /De/), Indenture (Revlon Consumer Products Corp)

Limitation on Restrictions on Distributions from Subsidiaries. (a) The Company shall not, and shall not permit any Subsidiary to, create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Subsidiary (a) to pay dividends or make any other distributions on its Capital Stock to the Company or any other Subsidiary or pay any Indebtedness owed to the Company or any other Subsidiary, (b) to make any loans or advances to the Company or any other Subsidiary or (c) transfer any of its property or assets to the Company or any other Subsidiary, exceptto:

Appears in 2 contracts

Samples: Goss Holdings Inc, Goss Graphic Systems Inc

Limitation on Restrictions on Distributions from Subsidiaries. The Company shall not, and shall not permit any Subsidiary to, voluntarily create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Subsidiary (a) to pay dividends or make any other distributions on its Capital Stock to the Company or any other Subsidiary or pay any Indebtedness owed to the Company or any other Subsidiary, (b) to pay any management fees or billing fees to the Company or any other Subsidiary, (c) to make any loans or advances to the Company or any other Subsidiary or (cd) transfer any of its property or assets to the Company or any other Subsidiary, except:

Appears in 2 contracts

Samples: Superior National Insurance Group Inc, Symons International Group Inc

Limitation on Restrictions on Distributions from Subsidiaries. The Company shall not, and shall not permit any Subsidiary to, directly or indirectly, create or otherwise cause or permit suffer to exist or become effective any consensual encumbrance or restriction on the ability right of any Subsidiary (a) to pay dividends or make any other distributions on its Capital Stock to the Company or any other Subsidiary or pay any Indebtedness owed to the Company or any other Subsidiary, (b) to make any loans or advances to the Company or any other Subsidiary or (c) transfer any of its property or assets to the Company or any other Subsidiary, exceptto:

Appears in 2 contracts

Samples: Sovereign Bancorp Inc, Harbin Electric, Inc

Limitation on Restrictions on Distributions from Subsidiaries. The Company shall will not, and shall will not permit any Subsidiary to, create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Subsidiary to (a) to pay dividends or make any other distributions on its Capital Stock to the Company or any other a Subsidiary or pay any Indebtedness owed to the Company or any other SubsidiaryCompany, (b) to make any loans or advances to the Company or any other Subsidiary or (c) transfer any of its property or assets to the Company or any other SubsidiaryCompany, except:

Appears in 2 contracts

Samples: Indenture (Wolverine Tube Inc), Indenture (Wt Holding Company, Inc)

Limitation on Restrictions on Distributions from Subsidiaries. The Company company shall not, and shall not permit any Restricted Subsidiary to, create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to (ai) to pay dividends or make any other distributions on its Capital Stock to the Company or any other Subsidiary or pay any Indebtedness or other obligations owed to the Company or any other SubsidiaryCompany, (bii) to make any loans Loan or advances to the Company or any other Subsidiary or (ciii) transfer any of its property or assets to the Company or any other SubsidiaryCompany, except:

Appears in 1 contract

Samples: Loan Agreement (NRG Generating U S Inc)

Limitation on Restrictions on Distributions from Subsidiaries. The Company shall not, and shall not permit any Subsidiary to, create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction restrictions on the ability of any Subsidiary to (ai) to pay dividends or make any other distributions on its Capital Stock to the Company or any other Subsidiary or pay any Indebtedness or other obligation owed to the Company or any other SubsidiaryCompany, (bii) to make any loans or advances to the Company or any other Subsidiary or (ciii) transfer any of its property or assets to the Company or any other Subsidiary, except:

Appears in 1 contract

Samples: Indenture (Town & Country Corp)

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Limitation on Restrictions on Distributions from Subsidiaries. The Following the Closing, the Company shall not, and shall not permit any Subsidiary to, create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Subsidiary to (ai) to pay dividends or make any other distributions on or in respect of its Capital Stock to the Company or any other Subsidiary or pay any Indebtedness owed to the Company or any other Subsidiary, (bii) to make any loans or advances to the Company or any other Subsidiary or (ciii) transfer any of its property or assets to the Company or any other Subsidiary, except:

Appears in 1 contract

Samples: Retention Agreement (Hexcel Corp /De/)

Limitation on Restrictions on Distributions from Subsidiaries. The Company shall not, and shall not permit any Subsidiary to, create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Subsidiary (a) to pay dividends or make any other distributions on its Capital Stock to the Company or any other Subsidiary or pay any Indebtedness owed to the Company or any other Subsidiary, (b) to make any loans or advances to the Company or any other Subsidiary or (c) transfer any of its property or assets to the Company or any other Subsidiary, except:or

Appears in 1 contract

Samples: Pooling Agreement (Fresenius Medical Care Corp)

Limitation on Restrictions on Distributions from Subsidiaries. The Company shall not, and shall not permit any Subsidiary to, create or of otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Subsidiary to (ai) to pay dividends or make any other distributions on its Capital Stock to the Company or any other Subsidiary or pay any Indebtedness Debt owed to the Company or any other SubsidiaryCompany, (bii) to make any loans or advances to the Company or any other Subsidiary or (ciii) transfer any of its property or assets to the Company or any other SubsidiaryCompany, except:

Appears in 1 contract

Samples: Indenture (Petroleum Heat & Power Co Inc)

Limitation on Restrictions on Distributions from Subsidiaries. The Company shall not, and shall not permit any Restricted Subsidiary to, create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to (ai) to pay dividends or make any other distributions on its Capital Stock to the Company or any other Subsidiary or pay any Indebtedness owed to the Company or any other Subsidiary, (b) to make any loans or advances to the Company or any other Subsidiary or (c) transfer any of its property or assets to the Company or any other Subsidiary, except:40

Appears in 1 contract

Samples: Loan Agreement (NRG Generating U S Inc)

Limitation on Restrictions on Distributions from Subsidiaries. The Company shall not, and shall not permit any Subsidiary to, create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Subsidiary (a) to pay dividends or make any other distributions on its Capital Stock to the Company or any other Subsidiary or pay any Indebtedness owed to the Company or any other Subsidiary, (b) to make any loans or advances to the Company or any other Subsidiary or (c) transfer any of its property or assets to the Company or any other Subsidiary, exceptto:

Appears in 1 contract

Samples: Sterling Chemical Inc

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