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 such Subsidiary to (i) pay dividends or make any other distributions on its Capital Stock or pay any Indebtedness or other obligations owed to the Company or any Subsidiary, (ii) make any loans or advances to the Company or any Subsidiary or (iii) transfer any of its property or assets to the Company or any Subsidiary.

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 such Subsidiary to (i) pay dividends or make any other distributions on its Capital Stock or pay any Indebtedness or other obligations obligation owed to the Company or any Subsidiaryof its Subsidiaries, (ii) make any loans or advances to the Company or any Subsidiary of its Subsidiaries, or (iii) transfer any of its property or assets to the Company or any Subsidiaryof its Subsidiaries.

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 such Restricted Subsidiary to (i) to pay dividends or make any other distributions on its Capital Stock or pay any Indebtedness or other obligations owed to the Company or any SubsidiaryCompany, (ii) to make any loans or advances to the Company or any Subsidiary or (iii) transfer any of its property or assets to the Company or any Subsidiary.Company, except:

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