Common use of Limitation on Restrictions on Subsidiary Distributions Clause in Contracts

Limitation on Restrictions on Subsidiary Distributions. Enter into or suffer to exist or become effective any consensual encumbrance or restriction on the ability of any Subsidiary to (i) pay dividends or make other distributions on its Capital Stock to the Borrower or any of its Subsidiaries, or with respect to any other interest or participation in, or measured by, its profits, or pay any Indebtedness owed to the Borrower or any of its Subsidiaries, (ii) make loans or advances to the Borrower or any other Subsidiary or (iii) transfer any of its properties or assets to the Borrower or any other Subsidiary, except for such dividend and other payment restrictions existing under or by reason of:

Limitation on Restrictions on Subsidiary Distributions. Enter into or suffer to exist or become effective any consensual encumbrance or restriction on the ability of any Subsidiary to (ia) pay dividends or make other distributions on its Restricted Payments in respect of any Capital Stock to the Borrower or any of its Subsidiaries, or with respect to any other interest or participation in, or measured such Subsidiary held by, its profits, or pay any Indebtedness owed to to, the Borrower or any of its Subsidiariesother Subsidiary, (iib) make loans or advances to Investments in the Borrower or any other Subsidiary or (iiic) transfer any of its properties or assets to the Borrower or any other Subsidiary, except for such dividend and other payment encumbrances or restrictions existing under or by reason of:

Limitation on Restrictions on Subsidiary Distributions. Enter into or suffer to exist or become effective any consensual encumbrance or restriction on the ability of any Subsidiary to (ia) pay dividends or make other distributions on its Capital Stock to the Borrower or any of its Subsidiaries, or with respect to any other interest or participation in, or measured by, its profits, or pay any Indebtedness owed to the Borrower or any of its Subsidiaries, (iib) make loans or advances to the Borrower or any other Subsidiary or (iiic) transfer any of its properties or assets to the Borrower or any other Subsidiary, except for such dividend and other payment restrictions existing under or by reason of:

Limitation on Restrictions on Subsidiary Distributions. Enter into or suffer to exist or become effective any consensual encumbrance or restriction on the ability of any Subsidiary of the Borrower to (ia) pay dividends or make any other distributions on its in respect of any Capital Stock to the Borrower or any of its Subsidiaries, or with respect to any other interest or participation in, or measured such Subsidiary held by, its profits, or pay any Indebtedness owed to to, the Borrower or any other Subsidiary of its Subsidiariesthe Borrower, (iib) make loans or advances to the Borrower or any other Subsidiary of the Borrower or (iiic) transfer any of its properties or assets to the Borrower or any other SubsidiarySubsidiary of the Borrower, except for such dividend and other payment encumbrances or restrictions existing under or by reason of:

Limitation on Restrictions on Subsidiary Distributions. Enter into or suffer to exist or become effective any consensual encumbrance or restriction on the ability of any Subsidiary of the Borrower to (ia) pay dividends or make any other distributions on its in respect of any Capital Stock to the Borrower or any of its Subsidiaries, or with respect to any other interest or participation in, or measured such Subsidiary held by, its profits, or pay any Indebtedness owed to to, the Borrower or any other Subsidiary of its Subsidiariesthe Borrower, (iib) make loans or advances to the Borrower or any other Subsidiary of the Borrower or (iiic) transfer any of its properties or assets to the Borrower or any other SubsidiarySubsidiary of the Borrower, except for such dividend and other payment encumbrances or restrictions existing under or by reason of:the Loan Documents.