Common use of Limitations on Dividends and Distributions Clause in Contracts

Limitations on Dividends and Distributions. (a) No Borrower Party shall declare or pay any dividends or distributions except as permitted under its Constituent Documents.

Appears in 13 contracts

Samples: Revolving Credit Agreement (TCW Direct Lending LLC), Revolving Credit Agreement (TCW Direct Lending VII LLC), Revolving Credit Agreement (TCW Direct Lending LLC)

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Limitations on Dividends and Distributions. (a) No Borrower Party shall declare or pay any dividends or distributions on its outstanding equity interests except as permitted under its Constituent Documents.; and

Appears in 6 contracts

Samples: Revolving Credit Agreement (Goldman Sachs Private Middle Market Credit II LLC), Revolving Credit Agreement (SLR Private Credit BDC II LLC), Revolving Credit Agreement (Goldman Sachs Private Middle Market Credit II LLC)

Limitations on Dividends and Distributions. (a) No Borrower Party shall declare or pay any dividends or distributions except as permitted under in violation of any term of its Constituent Documents.

Appears in 3 contracts

Samples: Revolving Credit Agreement (GOLUB CAPITAL INVESTMENT Corp), Revolving Credit Agreement (Golub Capital BDC 3, Inc.), Revolving Credit Agreement (Golub Capital Investment Corp)

Limitations on Dividends and Distributions. (a) No Borrower Credit Party shall declare or pay any dividends or distributions except as permitted under its Constituent Documents.

Appears in 2 contracts

Samples: Credit Agreement (Acadia Realty Trust), Revolving Credit Agreement (Acadia Realty Trust)

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Limitations on Dividends and Distributions. (a) No Borrower Loan Party shall may declare or pay any dividends or distributions except as permitted under its Constituent Documents.

Appears in 1 contract

Samples: Revolving Credit Agreement (J.P. Morgan Real Estate Income Trust, Inc.)

Limitations on Dividends and Distributions. (a) No Borrower Loan Party shall declare or pay any dividends or distributions except as permitted under its Constituent Documents.

Appears in 1 contract

Samples: Revolving Credit Agreement (Bain Capital Specialty Finance, Inc.)

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