Common use of Limitation on Restrictive Covenants Clause in Contracts

Limitation on Restrictive Covenants. Notwithstanding any other provisions of this Indenture, the restrictive covenants set forth herein for so long as the Old Indenture and the First Lien Indenture remain in effect, shall be and shall be deemed limited to the extent necessary so that the creation, existence and effectiveness of such restrictive covenant shall not result in a breach of the covenant of the Old Indenture or of the First Lien Indenture relating to "Limitation on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries."

Appears in 2 contracts

Samples: Supplemental Indenture (Canadian Abraxas Petroleum LTD), Canadian Abraxas Petroleum LTD

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Limitation on Restrictive Covenants. Notwithstanding any other provisions of this Indenture, the restrictive covenants set forth herein for so long as the Old Series A/B Indenture and the First Lien Indenture remain remains in effect, shall be and shall be deemed limited to the extent necessary so that the creation, existence and effectiveness of such restrictive covenant covenants shall not result in a breach of the covenant of the Old Indenture or of the First Lien Series A/B Indenture relating to "Limitation on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries."

Appears in 1 contract

Samples: Coinmach Laundry Corp

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Limitation on Restrictive Covenants. Notwithstanding any other provisions provision of this Indenture, the restrictive covenants set forth herein for so long as the Old Indenture in this Indenture, including, without limitation, those set forth in Sections 8.1, 10.11 and the First Lien Indenture remain in effect10.18, shall be and shall be deemed limited to the extent necessary so that the creation, existence and effectiveness of such restrictive covenant covenants shall not result in a breach of the covenant of the Old Indenture or any of the First Lien Indenture relating to Existing Indentures entitled "Limitation on Dividend Dividends and Other Payment Restrictions Affecting Restricted Subsidiaries."

Appears in 1 contract

Samples: Ocean Energy Inc

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