Common use of Limitations on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries Clause in Contracts

Limitations on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. The Issuers shall not, and shall not permit any Restricted Subsidiary to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any consensual encumbrance or consensual restriction on the ability of any such Restricted Subsidiary to: (a) (1) pay dividends or make any other distributions to the Issuers or any Restricted Subsidiary on its Capital Stock or with respect to any other interest or participation in, or measured by, its profits or

Appears in 3 contracts

Samples: Indenture (Clearwire Corp /DE), Indenture (Clearwire Corp /DE), Second Priority Indenture (Clearwire Corp /DE)

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Limitations on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. The Issuers shall Issuer will not, and shall will not permit any Restricted Subsidiary to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any consensual encumbrance or consensual restriction on the ability of any such Restricted Subsidiary to: (a) (1) pay dividends or make any other distributions to the Issuers Issuer or any Restricted Subsidiary Subsidiary: ● on its Capital Stock or with respect to any other interest or participation in, or measured by, its profits or

Appears in 2 contracts

Samples: Indenture (Telesat Canada), Indenture (Telesat Canada)

Limitations on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. The Issuers shall Issuer will not, and shall will not permit any Restricted Subsidiary to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any consensual encumbrance or consensual restriction on the ability of any such Restricted Subsidiary to: : (a) (1) pay dividends or make any other distributions to the Issuers or any Restricted Subsidiary on its Capital Stock or with respect to any other interest or participation in, or measured by, its profits or)

Appears in 1 contract

Samples: Indenture (Globalstar, Inc.)

Limitations on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. The Issuers Issuer shall not, and shall not permit any of its Restricted Subsidiary Subsidiaries to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any consensual encumbrance or consensual restriction on the ability of any such Restricted Subsidiary to: (a) (1) pay dividends or make any other distributions to the Issuers Issuer or any Restricted Subsidiary on its Capital Stock or with respect (2) pay any Indebtedness owed to the Issuer or any other interest Restricted Subsidiary; (b) make loans or participation in, advances to the Issuer or measured by, its profits any Restricted Subsidiary; or

Appears in 1 contract

Samples: Indenture (Arconic Corp)

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Limitations on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. The Issuers shall Issuer will not, and shall will not permit any Restricted Subsidiary to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any consensual encumbrance or consensual restriction on the ability of any such Restricted Subsidiary to: (a) (1) pay dividends or make any other distributions to the Issuers Issuer or any Restricted Subsidiary on its Capital Stock or with respect to any other interest or participation in, or measured by, its profits profits, or

Appears in 1 contract

Samples: Indenture (Lantheus MI Intermediate, Inc.)

Limitations on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. The Issuers shall Issuer will not, and shall will not permit any Restricted Subsidiary to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any consensual encumbrance or consensual restriction on the ability of any such Restricted Subsidiary to: (a) (1) pay dividends or make any other distributions to the Issuers Issuer or any Restricted Subsidiary Subsidiary: · on its Capital Stock or · with respect to any other interest or participation in, or measured by, its profits or

Appears in 1 contract

Samples: Indenture (Telesat Canada)

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