Common use of Limitations on Ability to Make Distributions Clause in Contracts

Limitations on Ability to Make Distributions. Create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Subsidiary to pay dividends or make any other distributions on its capital stock or limited liability company interests, as the case may be, to the Borrower or the Guarantor.

Limitations on Ability to Make Distributions. Create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Subsidiary to pay dividends or make any other distributions on its capital stock or limited liability company interests, as the case may be, to the Borrower Borrowers or the Guarantor.;

Limitations on Ability to Make Distributions. Create create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Subsidiary (other than a Designated Subsidiary) to (i) pay dividends or make any other distributions on its capital stock or limited liability company interests, as the case may be, to the Borrower or any Subsidiary or pay any Indebtedness owed to the Guarantor.Borrower, (ii) make any loans or advances to the Borrower, or (iii) transfer any of its property or assets to the Borrower;

Limitations on Ability to Make Distributions. Create create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Subsidiary Borrower to (i) pay dividends or make any other distributions on its capital stock or limited liability company interests, as the case may be, to the Guarantor or any Borrower or pay any Debt owed to the Guarantor., (ii) make any loans or advances to the Guarantor, or (iii) transfer any of its property or assets to the Guarantor;