Common use of Limitation on Restrictive Agreements Clause in Contracts

Limitation on Restrictive Agreements. The Borrower shall not, and shall not permit the Parent or any Subsidiary of the Borrower to, 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 indebtedness, (b) the granting of 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 Parent, the Borrower or any of its Subsidiaries, (h) the making of Investments, (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 Parent or any Subsidiary of the Borrower to, 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 indebtedness, (b) the granting of 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 Parent, the Borrower or any of its Subsidiaries, (h) the making of Investments, or (ih) 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 Borrower shall not, and shall not permit the Parent or any Restricted Subsidiary of to, other than in connection with the Borrower toSubordinated Notes and the FaciliCom Notes, or the World 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 indebtednessDebt, (b) the granting of 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 Parent, the Borrower or any of its the Restricted Subsidiaries, or (h) the making of Investments, (i) any change of control Investments or management, or (j) any amendment of, or waiver or consent to, any provision of this Agreement or any other Loan Paperacquisitions.

Limitation on Restrictive Agreements. The Except those written agreements entered into in connection with the 1997 Senior Notes, the 1998 Senior Notes, the 1998 9 3/4% Senior Notes and the 1999 Convertible Subordinated Notes and in effect on May 15, 1999, the Borrower shall not, and shall not permit the Parent or any Subsidiary of the Borrower to, 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 indebtedness, (b) the granting of 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 Parent, the Borrower or any of its Subsidiaries, (h) the making of Investments, 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 Borrower shall not, and shall not permit the Parent Parents or any Restricted Subsidiary of to, other than in connection with the Borrower toSenior Notes and the 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 indebtednessDebt, (b) the granting of LiensLiens (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 ParentParents, the Borrower or any of its the Restricted Subsidiaries, (h) the making of InvestmentsInvestments or acquisitions, 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, the 1998 Senior Notes and the 1998 9 3/4% Senior Notes and in effect on the Effective Date, the Borrower shall not, and shall not permit the Parent or any Subsidiary of the Borrower to, 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 indebtedness, (b) the granting of 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 Parent, the Borrower or any of its Subsidiaries, (h) the making of Investments, or (ih) 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 Senior Notes and in effect on the Closing Date, the Borrower shall not, and shall not permit the Parent or any Subsidiary of the Borrower to, 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 indebtedness, (b) the granting of 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 Parent, the Borrower or any of its Subsidiaries, (h) the making of Investments, or (ih) 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.