Limitation on Restrictions on Subsidiary Dividends. The Company shall not, and shall not permit any Restricted Subsidiary to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any encumbrance or restriction on the ability of any Restricted Subsidiary to:
(i) pay dividends or make any other distributions to the Company or any of its Restricted Subsidiaries (a) on such Restricted Subsidiary's Capital Stock or (b) with respect to any other interest or participation in, or measured by, such Restricted Subsidiary's profits, or
(ii) pay any Indebtedness owed to the Company or any of its Restricted Subsidiaries, or
(iii) make loans or advances to the Company or any of its Restricted Subsidiaries, or
(iv) transfer any of its assets to the Company or any of its Restricted Subsidiaries, except, with respect to clauses (i) through (iv) above, for such encumbrances or restrictions existing under or by reason of:
(1) any Credit Facility containing dividend or other payment restrictions that are not more restrictive than those contained in the documents governing the Credit Facility on the Issue Date;
(2) this Indenture, the Security Documents and the Notes;
(3) applicable law;
(4) Acquired Debt; provided, that such encumbrances and restrictions are not applicable to any Person, or the properties or assets of any Person, other than the Person, or the property or assets of the Person, so acquired;
(5) customary non-assignment and net worth provisions of any contract, lease or license entered into in the ordinary course of business;
(6) customary restrictions on the transfer of assets subject to a Permitted Lien imposed by the holder of such Lien; and
(7) the agreements governing permitted Refinancing Indebtedness; provided, that such restrictions contained in any agreement governing such Refinancing Indebtedness are no more restrictive than those contained in any agreements governing the Indebtedness being refinanced.
Limitation on Restrictions on Subsidiary Dividends. Except as otherwise provided in this Agreement or any other Loan Document, the Borrower will not, and will not permit any of its Subsidiaries to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any encumbrance or restriction on the ability of any such Subsidiary to (a) pay dividends or make other distributions on its Capital Stock or other interests or participations in profits owned by the Borrower or any Subsidiary of the Borrower or pay any Indebtedness owed to the Borrower or any Subsidiary of the Borrower, (b) make loans or advances to the Borrower or any Subsidiary of the Borrower or (c) transfer any of its property or assets to the Borrower or any Subsidiary of the Borrower.
Limitation on Restrictions on Subsidiary Dividends. The Company shall not, and shall not permit any Restricted Subsidiary to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any encumbrance or restriction on the ability of any Restricted Subsidiary
(a) to (1) pay dividends or make any other distributions to the Company or any of its Restricted Subsidiaries (A) on such Restricted Subsidiary's Capital Stock or (B) with respect to any other interest or participation in, or
Limitation on Restrictions on Subsidiary Dividends. 43 SECTION 4.9
Limitation on Restrictions on Subsidiary Dividends. The Issuer will not, and will not permit any of its Subsidiaries to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any encumbrance or restriction on the ability of any Subsidiary to: (a) pay dividends or make other distributions on its Stock or other interests or participations in profits owned by the Issuer or any of its Subsidiaries; (b) pay any Indebtedness owed to the Issuer or any of its Subsidiaries; (c) make loans or advances to the Issuer or any of its Subsidiaries; or (d) transfer any of its property or assets to the Issuer or any of its Subsidiaries, except for such encumbrances and restrictions existing under or by reason of this Agreement, the other Documents, the Existing Purchase Agreement and the documents executed in connection therewith, or the Senior Debt Documents.
Limitation on Restrictions on Subsidiary Dividends. The Company shall not, and shall not permit any Restricted Subsidiary to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any encumbrance or restriction on the ability of any Restricted Subsidiary
(a) to (i) pay dividends or make any other distributions to the Company or any of its Restricted Subsidiaries (A) on such Restricted Subsidiary's Capital Stock or (B) with respect to any other interest or participation in, or measured by, such Restricted Subsidiary's profits or (ii) pay any indebtedness owed to the Company or any of its Restricted Subsidiaries, or
(b) to make loans or advances to the Company or any of its Restricted Subsidiaries, or
(c) to transfer any of its assets to the Company or any of its Re- stricted Subsidiaries, except, with respect to any of clauses (a), (b) or (c), for such encumbrances or restrictions existing under or by reason of:
(i) this Indenture, the Security Documents and the Notes,
(ii) applicable law,
(iii) any Acquired Debt, which encumbrance or restriction is not applicable to any Person, or the properties or assets of any Person, other than the Person, or the property or assets of the Person, so acquired and
(iv) permitted Refinancing Indebtedness, provided, however, that such restrictions contained in any agreement governing such Refinancing Indebtedness are no more restrictive than those contained in any agreements governing the Indebtedness being refinanced.
Limitation on Restrictions on Subsidiary Dividends. The Borrower will not, and will not permit any of its Subsidiaries to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any encumbrance or restriction on the ability of any such Subsidiary to (a) pay dividends or make other distributions on its Stock or other interests or participations in profits owned by Borrower or any Subsidiary of Borrower or pay any Indebtedness owed to Borrower or any Subsidiary of Borrower, (b) make loans or advances to Borrower or any Subsidiary of Borrower or (c) transfer any of its property or assets to Borrower or any Subsidiary of Borrower, except for such encumbrances and restrictions existing under or by reason of this Agreement and the other Loan Documents.
Limitation on Restrictions on Subsidiary Dividends. Except as otherwise provided in this Agreement or any other Related Document, the Parent Guarantor will not, and will not permit any of its Subsidiaries to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any encumbrance or restriction on the ability of any such Subsidiary to (a) pay dividends or make other distributions on its Capital Stock or other interests or participations in profits owned by the Parent Guarantor or any Subsidiary of the Parent Guarantor or pay any Indebtedness owed to the Parent Guarantor or any Subsidiary of the Parent Guarantor, (b) make loans or advances to the Parent Guarantor or any Subsidiary of the Parent Guarantor or (c) transfer any of its property or assets to the Parent Guarantor or any Subsidiary of the Parent Guarantor, except for such encumbrances and restrictions existing under or by reason of this Guaranty and the other Related Documents.
Limitation on Restrictions on Subsidiary Dividends. The Company shall not, and shall not permit any Restricted Subsidiary to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any encumbrance or restriction on the ability of any Restricted Subsidiary
(a) to (1) pay dividends or make any other distributions to the Company or any of its Restricted Subsidiaries (A) on such Restricted Subsidiary's Capital Stock or (B) with respect to any other interest or participation in, or measured by, such Restricted Subsidiary's profits or (2) pay any indebtedness owed to the Company or any of its Restricted Subsidiaries, or
(b) to make loans or advances to the Company or any of its Restricted Subsidiaries, or
(c) to transfer any of its assets to the Company or any of its Restricted Subsidiaries, except for such encumbrances or restrictions existing under or by reason of:
(i) the Revolving Credit Facility, as in effect on the Closing Date, or any refinancing thereof containing restrictions that are not materially more restrictive than those contained in the Revolving Credit Facility on the Closing Date,
(ii) the Original Notes and the Original Indenture, each as in effect on the Closing Date, or any refinancing thereof containing restrictions that are not materially more restrictive than those contained in the
Limitation on Restrictions on Subsidiary Dividends. The Borrower will not, and will not permit any of its Subsidiaries to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any encumbrance or restriction on the ability of any such Subsidiary to (a) pay dividends or make other distributions on its Stock or other interests or participations in profits owned by the Borrower or any Subsidiary of the Borrower or pay any
