Limitation on Restrictions on Distributions from Subsidiaries. The Borrower shall not, and shall not permit any of its Subsidiaries to, create or otherwise cause or permit to exist or become effective any consensual encumbrance or consensual restriction on the ability of any Subsidiary:
Appears in 1 contract
Samples: First Ukrainian International Bank
Limitation on Restrictions on Distributions from Subsidiaries. The Borrower shall not, and shall not permit any of its Subsidiaries Subsidiary to, create or otherwise cause or permit to exist or become effective any consensual encumbrance or consensual restriction on the ability of any SubsidiarySubsidiary to (a) pay dividends or make any other distributions on its Equity Interests to the Borrower or a Subsidiary or pay any Indebtedness owed to the Borrower, (b) make any loans or advances to the Borrower or (c) transfer any of its property or assets to the Borrower, except:
Appears in 1 contract
Samples: Unsecured Subordinated Credit Agreement (Atp Oil & Gas Corp)
Limitation on Restrictions on Distributions from Subsidiaries. (a) The Borrower shall will not, and shall will not permit any of its Subsidiaries Subsidiary to, create or otherwise cause or permit to exist or become effective any consensual encumbrance or consensual restriction on the ability of any SubsidiarySubsidiary to:
Appears in 1 contract
Samples: Credit Agreement (Libbey Inc)
Limitation on Restrictions on Distributions from Subsidiaries. The Borrower shall will not, and shall will not permit any of its Subsidiaries Subsidiary to, create or otherwise cause or permit to exist or become effective any consensual encumbrance or consensual restriction on the ability of any SubsidiarySubsidiary to:
Appears in 1 contract
Limitation on Restrictions on Distributions from Subsidiaries. The Borrower shall not, and shall not permit any of its Subsidiaries Subsidiary to, create or otherwise cause or permit to exist or become effective any consensual encumbrance or consensual restriction on the ability of any SubsidiarySubsidiary to (i) pay dividends or make any other distributions on its Capital Stock or pay any Debt owed to the Borrower, (ii) make any loans or advances to the Borrower or (iii) transfer any of its property or assets to the Borrower, except:
Appears in 1 contract
