Common use of Limitations and Restrictions on the Issuer Clause in Contracts

Limitations and Restrictions on the Issuer. (a) The Issuer shall not engage in any business or enter into, or be a party to, any transaction or agreement, or make any transfer, other than in connection with (A) the issuance, sale, redemption or repurchase of the Notes and the other New Notes and activities incidentally related thereto; (B) the entering into Hedging Obligations, solely on a non-speculative basis for the purpose of protecting itself and/or the Guarantors against interest rate and currency fluctuations in connection with the New Notes; (C) activities described in its organization documents; (D) the Issuer’s ability to make remittances to Brazil; (E) the entering into of any loan, corporate or financial transaction (or series of related transactions) entered into for the purpose of performing financial or other cash management functions by the Issuer with the Company and its Subsidiaries; and (F) as required by applicable Law;

Appears in 13 contracts

Samples: oec-ri.odebrecht.com, oec-ri.odebrecht.com, oec-ri.odebrecht.com

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