No Financial Assistance. The proceeds of any Advances have not been and will not be used to finance or refinance the acquisition of or subscription for shares in any Loan Party incorporated under the laws of the Netherlands.
No Financial Assistance. No indemnity given by any Debtor pursuant to this Clause 16 shall extend to obligations the indemnification of which would cause the relevant Debtor to act in breach of financial assistance legislation applicable to it under the laws of its jurisdiction of incorporation.
No Financial Assistance. (a) On the date on which each Australian Loan Party enters into the Loan Documents to which it is a party and after giving effect to the Transactions, the execution and delivery by each such Australian Loan Party of any Loan Document to which it is a party or the participation by it in any transaction in connection with such Loan Document to which it is a party will not contravene Chapter 2E or Part 2J of the Australian Corporations Act.
(b) On the date on which each Singaporean Loan Party enters into the Loan Documents to which it is a party, the execution and delivery by each such Singaporean Loan Party of any Loan Document to which it is a party or the participation by it in any transaction in connection with such Loan Document will not contravene Section 76 of the Singapore Companies Act.
No Financial Assistance. No Group Party shall give any Financial Assistance to any Person at any time when a Default or Event of Default has occurred or will occur as a result of giving the Financial Assistance.
No Financial Assistance. The proceeds of the Loans have not been and will not be used to finance or refinance the acquisition of or subscription for shares in any Belgian Guarantor (save for share buy-backs carried out in accordance with Belgian company law).
No Financial Assistance. The proceeds of the Facility have not been used to finance or refinance the acquisition of or subscription for shares in any Guarantor incorporated in:
(a) Belgium (save for share buy-backs carried out in accordance with Belgian company law); and/or
No Financial Assistance. Neither the Company nor any subsidiary shall provide any financial assistance (directly or indirectly) to any person in order for them to acquire shares in the Company for the purposes of the Plan where this would be unlawful under applicable laws.
No Financial Assistance the Subscriber has not received or expects to receive any financial assistance from the Issuer directly or indirectly, in respect of the Subscriber’s purchase of the Securities;
No Financial Assistance. Give any Financial Assistance to any Person other than (a) the delivery of the Security, (b) Permitted Intercompany Debt; and (c) Financial Assistance to (i) a Group Party that is not a Credit Party; or (ii) any other Person that is in an Approved Jurisdiction; provided that, for purposes of clause (c) of this Section 10.04(8), at the time of, and immediately after giving any such Financial Assistance, the following conditions are satisfied: (A) no Default or Event of Default has occurred or would be caused thereby; (B) the Borrower shall have Liquidity of not less than [*****] before and after giving any Financial Assistance; (C) after giving effect to such Financial Assistance, the Borrower shall ensure that the Senior Leverage Ratio is less than or equal to [*****] and the Fixed Charge Coverage Ratio is greater than or equal to [*****] , in each case, on a pro forma basis; and (D) the amount of all Financial Assistance in such Group Party or Person made in any Fiscal Year, together with all Investments permitted under Section 10.04(7)(f) made in such Fiscal Year, does not exceed [*****] . Notwithstanding the foregoing, no Group Party shall be permitted to give any Financial Assistance to any Person following the occurrence of a Default or Event of Default that is continuing.
No Financial Assistance. None of the Transactions will comprise financial assistance (within the meaning of Section 82 of the Companies Xxx 0000 (as amended) of Ireland) (the “Companies Act”).
