Common use of Limitation on Restrictive Agreements Clause in Contracts

Limitation on Restrictive Agreements. The Borrower shall not, and shall not permit the Parents or any Restricted Subsidiary to, other than in connection with the Senior Notes and the Revolver/Term Credit Agreement or the AUSP Financing Agreements or the Project Agreements, enter into any indenture, agreement, instrument, financing document or other arrangement which, directly or indirectly, prohibits or restrains, or has the effect of prohibiting or restraining, or imposes materially adverse conditions upon: (a) the incurrence of Debt, (b) the granting of Liens (except for provisions contained in Capital Leases of property that are permitted hereunder that limit Liens only on the specific property subject to the Capital Lease, except for Liens in favor of the Administrative Agent and the Lenders), (c) the making or granting of Guarantees, (d) the payment of dividends or Distributions, (e) the purchase, redemption or retirement of any Capital Stock, (f) the making of loans or advances, (g) transfers or sales of property or assets (including Capital Stock) by the Parents, the Borrower or any of the Restricted Subsidiaries, (h) the making of Investments or acquisitions, or (i) any change of control or management.

Limitation on Restrictive Agreements. The Borrower Except in connection with the issuance of Debt under Section 8.02 hereof, the Borrowers shall not, and shall ------------ not permit the Parents or any Restricted Subsidiary of their Subsidiaries to, other than in connection with the Senior Notes and the Revolver/Term Credit Agreement or the AUSP Financing Agreements or the Project Agreementsexcept as otherwise described on Schedule 8.13 hereto, enter into any indenture, agreement, instrument, financing ------------- document or other arrangement which, directly or indirectly, prohibits or restrains, or has the effect of prohibiting or restraining, or imposes materially adverse conditions (which are no more restrictive than those contained herein) upon: (a) the incurrence of Debtindebtedness, (b) the granting of Liens (except for provisions contained in Capital Leases of property that are permitted hereunder that limit Liens only on the specific property subject to the Capital Lease, except for Liens in favor of the Administrative Agent and the Lenders)Liens, (c) the making or granting of Guarantees, (d) the payment of dividends or Distributions, (e) the purchase, redemption or retirement of any Capital StockStock of such Borrower or any Subsidiary of either Borrower, (f) the making of loans or advances, (g) transfers or sales of property Property or assets (including Capital Stock) by the Parentseither Borrower, the Borrower or any of the Restricted their Subsidiaries, (h) the making of Investments or acquisitionsInvestments, or (ih) any change of control or management, (i) the making of changes or amendments to this Agreement or any other Loan Paper, or (j) the acceptance of a waiver or consent with respect to any term or provision of this Agreement or any other Loan Paper.

Limitation on Restrictive Agreements. The Except as otherwise permitted in connection with the issuance of Debt under Section 8.02 hereof, the ------------ Borrower shall not, and shall not permit the Parents or any Restricted Subsidiary or Bermuda Corp. to, other than in connection with the Senior Notes and the Revolver/Term Credit Agreement or the AUSP Financing Agreements or the Project Agreements, enter into any indenture, agreement, instrument, financing document or other arrangement which, directly or indirectly, prohibits or restrains, or has the effect of prohibiting or restraining, or imposes materially adverse conditions upon: (a) the incurrence of Debtindebtedness, (b) the granting of Liens (except for provisions contained in Capital Leases of property that are permitted hereunder that limit Liens only on the specific property subject to the Capital Lease, except for Liens in favor of the Administrative Agent and the Lenders)Liens, (c) the making or granting of Guarantees, (d) the payment of dividends or Distributions, (e) the purchase, redemption or retirement of any Capital StockStock of the Borrower or any Subsidiary of the Borrower, (f) the making of loans or advances, (g) transfers or sales of property Property or assets (including Capital Stock) by the ParentsBorrower, the Borrower or any of the Restricted Subsidiaries, (h) the making of Investments or acquisitionsInvestments, or (ih) any change of control or management, (i) the making of changes or amendments to this Agreement or any other Loan Paper, or (j) the acceptance of a waiver or consent with respect to any term or provision of this Agreement or any other Loan Paper.

Limitation on Restrictive Agreements. The Borrower shall not, and shall not permit the Parents or any Restricted Subsidiary to, other than in connection with the Term Loan B Agreement, the Term Loan B Papers, the Senior Notes and Notes, the Revolver/Term Revolving Credit Agreement or Agreement, the AUSP Financing Agreements or the Project Agreements, enter into any indenture, agreement, instrument, financing document or other arrangement which, directly or indirectly, prohibits or restrains, or has the effect of prohibiting or restraining, or imposes materially adverse conditions upon: (a) the incurrence of Debt, (b) the granting of Liens (except for provisions contained in Capital Leases of property that are permitted hereunder that limit Liens only on the specific property subject to the Capital Lease, except for Liens in favor of the Administrative Agent and the Lenders), (c) the making or granting of Guarantees, (d) the payment of dividends or Distributions, (e) the purchase, redemption or retirement of any Capital Stock, (f) the making of loans or advances, (g) transfers or sales of property or assets (including Capital Stock) by the Parents, the Borrower or any of the Restricted Subsidiaries, (h) the making of Investments or acquisitions, or (i) any change of control or management.

Limitation on Restrictive Agreements. The Borrower shall not, and shall not permit the Parents or any Restricted Subsidiary to, other than in connection with the Senior Notes and the Revolver/Term Revolving Credit Agreement or the AUSP Financing Agreements or the Project Agreements, enter into any indenture, agreement, instrument, financing document or other arrangement which, directly or indirectly, prohibits or restrains, or has the effect of prohibiting or restraining, or imposes materially adverse conditions upon: (a) the incurrence of Debt, (b) the granting of Liens (except for provisions contained in Capital Leases of property that are permitted hereunder that limit Liens only on the specific property subject to the Capital Lease, except for Liens in favor of the Administrative Agent and the Lenders), (c) the making or granting of Guarantees, (d) the payment of dividends or Distributions, (e) the purchase, redemption or retirement of any Capital Stock, (f) the making of loans or advances, (g) transfers or sales of property or assets (including Capital Stock) by the Parents, the Borrower or any of the Restricted Subsidiaries, (h) the making of Investments or acquisitions, or (i) any change of control or management.

Limitation on Restrictive Agreements. The Borrower shall not, and shall not permit the Parents Parent or any Restricted Subsidiary to, other than in connection with the Senior Subordinated Notes and the Revolver/Term Credit Agreement FaciliCom Notes, or the AUSP Financing Agreements or the Project AgreementsWorld Access Charitable Trust Transaction, enter into any indenture, agreement, instrument, financing document or other arrangement which, directly or indirectly, prohibits or restrains, or has the effect of prohibiting or restraining, or imposes materially adverse conditions upon: (a) the incurrence of Debt, (b) the granting of Liens (except for provisions contained in Capital Leases of property that are permitted hereunder that limit Liens only on the specific property subject to the Capital Lease, except for Liens in favor of the Administrative Agent and the Lenders)Liens, (c) the making or granting of Guarantees, (d) the payment of dividends or Distributions, (e) the purchase, redemption or retirement of any Capital Stock, (f) the making of loans or advances, (g) transfers or sales of property or assets (including Capital Stock) by the ParentsParent, the Borrower or any of the Restricted Subsidiaries, or (h) the making of Investments or acquisitions, or (i) any change of control or management.

Limitation on Restrictive Agreements. The Except those written agreements entered into in connection with the Senior Notes and in effect on the Closing Date, the Borrower shall not, and shall not permit the Parents Parent or any Restricted Subsidiary of the Borrower to, other than in connection with the Senior Notes and the Revolver/Term Credit Agreement or the AUSP Financing Agreements or the Project Agreements, enter into any indenture, agreement, instrument, financing document or other arrangement which, directly or indirectly, prohibits or restrains, or has the effect of prohibiting or restraining, or imposes materially adverse conditions upon: (a) the incurrence of Debtindebtedness, (b) the granting of Liens (except for provisions contained in Capital Leases of property that are permitted hereunder that limit Liens only on the specific property subject to the Capital Lease, except for Liens in favor of the Administrative Agent and the Lenders)Liens, (c) the making or granting of Guarantees, (d) the payment of dividends or Distributions, (e) the purchase, redemption or retirement of any Capital Stock, (f) the making of loans or advances, (g) transfers or sales of property or assets (including Capital Stock) by the ParentsParent, the Borrower or any of the Restricted its Subsidiaries, (h) the making of Investments or acquisitionsInvestments, or (ih) any change of control or management.

Limitation on Restrictive Agreements. The Borrower shall not, and shall not permit the Parents Parent or any Restricted Subsidiary of the Borrower to, other than in connection with the Senior Notes and the Revolver/Term Credit Agreement or the AUSP Financing Agreements or the Project Agreements, enter into any indenture, agreement, instrument, financing document or other arrangement which, directly or indirectly, prohibits or restrains, or has the effect of prohibiting or restraining, or imposes materially adverse conditions upon: (a) the incurrence of Debtindebtedness, (b) the granting of Liens (except for provisions contained in Capital Leases of property that are permitted hereunder that limit Liens only on the specific property subject to the Capital Lease, except for Liens in favor of the Administrative Agent and the Lenders)Liens, (c) the making or granting of Guarantees, (d) the payment of dividends or Distributions, (e) the purchase, redemption or retirement of any Capital Stock, (f) the making of loans or advances, (g) transfers or sales of property or assets (including Capital Stock) by the ParentsParent, the Borrower or any of the Restricted its Subsidiaries, (h) the making of Investments or acquisitionsInvestments, or (i) any change of control or management, or (j) any amendment of, or waiver or consent to, any provision of this Agreement or any other Loan Paper.

Limitation on Restrictive Agreements. The Except those written agreements entered into in connection with the 1997 Senior Notes and the 1998 Senior Notes and in effect on the Effective Date, the Borrower shall not, and shall not permit the Parents Parent or any Restricted Subsidiary of the Borrower to, other than in connection with the Senior Notes and the Revolver/Term Credit Agreement or the AUSP Financing Agreements or the Project Agreements, enter into any indenture, agreement, instrument, financing document or other arrangement which, directly or indirectly, prohibits or restrains, or has the effect of prohibiting or restraining, or imposes materially adverse conditions upon: (a) the incurrence of Debtindebtedness, (b) the granting of Liens (except for provisions contained in Capital Leases of property that are permitted hereunder that limit Liens only on the specific property subject to the Capital Lease, except for Liens in favor of the Administrative Agent and the Lenders)Liens, (c) the making or granting of Guarantees, (d) the payment of dividends or Distributions, (e) the purchase, redemption or retirement of any Capital Stock, (f) the making of loans or advances, (g) transfers or sales of property or assets (including Capital Stock) by the ParentsParent, the Borrower or any of the Restricted its Subsidiaries, (h) the making of Investments or acquisitionsInvestments, or (ih) any change of control or management.