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 Company shall not, and shall not permit any of its Restricted Subsidiaries to, directly or indirectly, create or otherwise cause or suffer to exist or become effective, any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to: (a) pay dividends or make any other distributions on its Capital Stock or any other interest or participation in, or measured by, its profits, owned by the Company or any Restricted Subsidiary, or pay any Indebtedness owed to, the Company or any Restricted Subsidiary, (b) make loans or advances to the Company, or (c) transfer any of its properties or assets to the Company, except for such encumbrances or restrictions existing under or by reason of:

Appears in 1 contract

Samples: Carson Products Co

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Limitations on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. The Company shall not, and shall not cause or permit any of its Restricted Subsidiaries Subsidiary to, directly or indirectly, create or otherwise cause or suffer to exist or become effective, effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to: (aA) pay dividends or make any other distributions to the Company or any other Restricted Subsidiary on its Capital Stock Equity Interests or with respect to any other interest or participation in, or measured by, its profits, owned by the Company or any Restricted Subsidiary, or pay any Indebtedness owed to the Company or any other Restricted Subsidiary, (B) make loans or advances to, or guarantee any Indebtedness or other obligations of, the Company or any other Restricted Subsidiary, (b) make loans or advances to the Company, Subsidiary or (cC) transfer any of its properties or assets to the CompanyCompany or any other Restricted Subsidiary, except for such encumbrances or restrictions existing under or by reason of:

Appears in 1 contract

Samples: Amo Holdings LLC

Limitations on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. The Company shall not, and shall not cause or permit any of its Restricted Subsidiaries Subsidiary to, directly or indirectly, create or otherwise cause or suffer to exist or become effective, any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to: to (a) pay dividends or make any other distributions on its Capital Stock or any other interest or participation in, or measured by, its profits, owned by the Company or any Restricted Subsidiary, or pay any Indebtedness owed to, the Company or any Restricted Subsidiary, (b) make loans or advances to the Company, or (c) transfer any of its properties or assets to the Company, except for such encumbrances or restrictions existing under or by reason of:

Appears in 1 contract

Samples: Fedders North America Inc

Limitations on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. The Fedders Corporation and the Company shall not, and shall not cause or permit any of its Restricted Subsidiaries Subsidiary to, directly or indirectly, create or otherwise cause or suffer to exist or become effective, any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to: that is not a Subsidiary Guarantor to (a) pay dividends or make any other distributions on its Capital Stock or any other interest or participation in, or measured by, its profits, owned by Fedders Corporation, the Company or any Restricted Subsidiary, or pay any Indebtedness owed to, Fedders Corporation, the Company or any Restricted Subsidiary, (b) make loans or advances to Fedders Corporation or the Company, or (c) transfer any of its properties or assets to Fedders Corporation or the Company, except for such encumbrances or restrictions existing under or by reason of:

Appears in 1 contract

Samples: Fedders Corp /De

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Limitations on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. The Company shall not, and shall not cause or permit any of its Restricted Subsidiaries Subsidiary to, directly or indirectly, create or otherwise cause or suffer to exist or become effective, any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to: that is not a Subsidiary Guarantor to (a) pay dividends or make any other distributions on its Capital Stock or any other interest or participation in, or measured by, its profits, owned by the Company or any Restricted Subsidiary, or pay any Indebtedness owed to, the Company or any Restricted Subsidiary, (b) make loans or advances to the Company, or (c) transfer any of its properties or assets to the Company, except for such encumbrances or restrictions existing under or by reason of:

Appears in 1 contract

Samples: Fedders Corp /De

Limitations on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. The Company shall not, and shall not cause or permit any of its Restricted Subsidiaries Subsidiary to, directly or indirectly, create or otherwise cause or suffer to exist or become effective, effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to: to (a) pay dividends or make any other distributions to the Company or any other Restricted Subsidiary on its Capital Stock Equity Interests or with respect to any other interest or participation in, or measured by, its profits, owned by the Company or any Restricted Subsidiary, or pay any Indebtedness owed to, to the Company or any other Restricted Subsidiary, (b) make loans or advances to the Companyto, or (c) transfer guaranty any of its properties Indebtedness or assets to the Company, except for such encumbrances or restrictions existing under or by reason of:other obliga-

Appears in 1 contract

Samples: Indenture (General Chemical Group Inc)

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