Common use of Limitations on Dividends and Distributions Clause in Contracts

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Equity Interests or any other ownership interests; purchase, redeem, retire or otherwise acquire, directly or indirectly, any of its Equity Interests or other ownership interests, or, directly or indirectly, make any distribution of cash, property or assets among the holders of its Equity Interests or other ownership interests, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have a Material Adverse Effect; provided that:

Appears in 4 contracts

Samples: First Lien Credit Agreement (Global Geophysical Services Inc), Lien Credit Agreement (Global Geophysical Services Inc), Lien Credit Agreement (Global Geophysical Services Inc)

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Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Equity Interests or any other ownership interestsInterests; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Equity Interests Interests, or other ownership interests, or, directly or indirectly, make any distribution of cash, property or assets among the holders of shares of its Equity Interests or other ownership interests(each, a “Restricted Payment”), or make any change in its capital structure which such change in its capital structure could reasonably be expected to have a Material Adverse Effect; provided that:

Appears in 2 contracts

Samples: First Lien Credit Agreement (Landrys Restaurants Inc), Second Lien Credit Agreement (Landrys Restaurants Inc)

Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Equity Interests capital stock or distribution of any other ownership interestsinterest; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Equity Interests capital stock or any other evidence of ownership interestsinterest, or, directly or indirectly, make any distribution of cash, property or assets among the holders of shares of its Equity Interests capital stock or other ownership interests, or make any change in its capital structure which such change in its capital structure that could reasonably be expected to have a Material Adverse Effect; provided that:

Appears in 1 contract

Samples: Credit Agreement (Sholodge Inc)

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Limitations on Dividends and Distributions. Declare or pay any dividends upon any of its Equity Interests capital stock or any other ownership interests; purchase, redeem, retire or otherwise acquire, directly or indirectly, any shares of its Equity Interests capital stock or other ownership interests, or, directly or indirectly, make any distribution of cash, property or assets among the holders of shares of its Equity Interests capital stock or other ownership interests, or make any change in its capital structure which such change in its capital structure could reasonably be expected to have (any of the foregoing a Material Adverse Effect“Restricted Payment”); provided that:

Appears in 1 contract

Samples: Credit Agreement (Compx International Inc)

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