Common use of No Restrictions on Subsidiaries Clause in Contracts

No Restrictions on Subsidiaries. Except for any restrictions of applicable corporate or limited liability company law, no subsidiary of the Company is or, after giving effect to the offering and sale of the Securities and the application of the proceeds thereof as described in the Time of Sale Information and the Prospectus, will be prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, from paying any dividends to the Company, from making any other distribution on such subsidiary’s capital stock, from repaying to the Company any loans or advances to such subsidiary from the Company or from transferring any of such subsidiary’s properties or assets to the Company or any other subsidiary of the Company.

No Restrictions on Subsidiaries. Except for any restrictions of applicable corporate or limited liability company law, no subsidiary of the Company is or, after giving effect to the offering and sale of the Securities and the application of the proceeds thereof as described disclosed in the Time of Sale Information and the ProspectusOffering Memorandum, will be no subsidiary of the Company is currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, from paying any dividends to the Company, from making any other distribution on such subsidiary’s capital stockstock or similar ownership interest, from repaying to the Company any loans or advances to such subsidiary from the Company or from transferring any of such subsidiary’s properties or assets to the Company or any other subsidiary of the Company.

No Restrictions on Subsidiaries. Except for any restrictions as disclosed in each of applicable corporate or limited liability company lawthe Time of Sale Information and the Offering Memorandum, no subsidiary of the Company is or, after giving effect to the offering and sale of the Securities and the application of the proceeds thereof as described in the Time of Sale Information and the Prospectus, will be currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, from paying any dividends to the Company, from making any other distribution on such subsidiary’s capital stockstock or similar ownership interest, from repaying to the Company any loans or advances to such subsidiary from the Company or or, except as described in each of the Time of Sale Information and the Offering Memorandum, from transferring any of such subsidiary’s properties or assets to the Company or any other subsidiary of the Company.

No Restrictions on Subsidiaries. Except for any restrictions of applicable corporate or limited liability company law, no No subsidiary of the Company is or, after giving effect to the offering and sale of the Securities and the application of the proceeds thereof as described in the Time of Sale Information and the Prospectus, will be currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, from paying any dividends to the Company, from making any other distribution on such subsidiary’s capital stockstock or similar ownership interest, from repaying to the Company any loans or advances to such subsidiary from the Company or from transferring any of such subsidiary’s properties or assets to the Company or any other subsidiary of the Company, except for any such restrictions (a) as described in each of the Time of Sale Information and the Offering Memorandum or (b) that will be permitted by the Indenture.

No Restrictions on Subsidiaries. Except for any restrictions of applicable corporate or limited liability company law, no subsidiary of the Company is or, after giving effect to the offering and sale of the Securities and the application of the proceeds thereof (i) as described in the Time of Sale Information and or the ProspectusOffering Memorandum or (ii) as permitted by the Indenture, will be no subsidiary of the Company is currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, from paying any dividends to the Company, from making any other distribution on such subsidiary’s capital stockstock or similar ownership interest, from repaying to the Company any loans or advances to such subsidiary from the Company or from transferring any of such subsidiary’s properties or assets to the Company or any other subsidiary of the Company.

No Restrictions on Subsidiaries. Except for any restrictions of applicable corporate or limited liability company law, no subsidiary of the Company is or, after giving effect to the offering and sale of the Securities and the application of the proceeds thereof as described in the Time of Sale Information and the ProspectusOffering Memorandum, will be no subsidiary of the Company is currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, from paying any dividends to the Company, from making any other distribution on such subsidiary’s capital stockequity securities or similar ownerships interest, from repaying to the Company any loans or advances to such subsidiary from the Company or from transferring any of such subsidiary’s properties or assets to the Company or any other subsidiary of the Company.

No Restrictions on Subsidiaries. Except for any restrictions of applicable corporate or limited liability company law, no subsidiary of the Company is or, after giving effect to the offering and sale of the Securities and the application of the proceeds thereof as described in the Time of Sale Information and or the ProspectusFinal Offering Memorandum, will be no subsidiary of the Company is currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, from paying any dividends to the Company, from making any other distribution on such subsidiary’s 's capital stock, from repaying to the Company any loans or advances to such subsidiary from the Company or from transferring any of such subsidiary’s 's properties or assets to the Company or any other subsidiary of the Company.

No Restrictions on Subsidiaries. Except for any restrictions of applicable corporate or limited liability company lawas disclosed in the Registration Statement, no subsidiary of the Company is or, after giving effect to the offering and sale of the Securities and the application of the proceeds thereof as described in the Time of Sale Information and the Prospectus, will be and except as provided for in the Credit Agreement, no subsidiary of the Company is currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, from paying any dividends to the Company, from making any other distribution on such subsidiary’s capital stockstock or similar ownership interest, from repaying to the Company any loans or advances to such subsidiary from the Company or from transferring any of such subsidiary’s properties or assets to the Company or any other subsidiary of the Company.

No Restrictions on Subsidiaries. Except for any restrictions as disclosed in or expressly contemplated by the Time of applicable corporate or limited liability company lawSale Information and the Offering Memorandum, no subsidiary of the Company is or, after giving effect to the offering and sale of the Securities and the application of the proceeds thereof as described in the Time of Sale Information and the Prospectus, will be currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, from paying any dividends to the Company, from making any other distribution on such subsidiary’s capital stock, from repaying to the Company any loans or advances to such subsidiary from the Company or from transferring any of such subsidiary’s properties or assets to the Company or any other subsidiary of the Company.

No Restrictions on Subsidiaries. Except for any restrictions of applicable corporate or limited liability company law, no subsidiary of the Company is or, after giving effect to the offering and sale of the Securities and the application of the proceeds thereof as described otherwise disclosed in the Time of Sale Information and the ProspectusOffering Memorandum or as provided in the Credit Facility, will be no subsidiary of the Company is currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, from paying any dividends to the Company, from making any other distribution on such subsidiary’s capital stock, from repaying to the Company any loans or advances to such subsidiary from the Company or from transferring any of such subsidiary’s properties or assets to the Company or any other subsidiary of the Company.

No Restrictions on Subsidiaries. Except for any restrictions as described in the Time of applicable corporate Sale Information, the Offering Memorandum or limited liability company lawthe Indenture, no subsidiary of the Company is or, after giving effect to the offering and sale of the Securities and the application of the proceeds thereof as described in the Time of Sale Information and the Prospectus, will be currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, from paying any dividends to the Company, from making any other distribution on such subsidiary’s capital stockstock or similar ownership interest, from repaying to the Company any loans or advances to such subsidiary from the Company or from transferring any of such subsidiary’s properties or assets to the Company or any other subsidiary of the Company.

No Restrictions on Subsidiaries. Except for any restrictions as described in each of applicable corporate or limited liability company lawthe Time of Sale Information and the Offering Memorandum, no subsidiary of the Company is or, after giving effect to the offering and sale of the Securities and the application of the proceeds thereof as described in the Time of Sale Information and the Prospectus, will be currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, from paying any dividends to the Company, from making any other distribution on such subsidiary’s capital stock, from repaying to the Company any loans or advances to such subsidiary from the Company or from transferring any of such subsidiary’s properties or assets to the Company or any other subsidiary of the Company.

No Restrictions on Subsidiaries. Except for any restrictions as otherwise described in each of applicable corporate or limited liability company lawthe Time of Sale Information and the Offering Memorandum, no subsidiary of the Company is or, after giving effect to the offering and sale of the Securities and the application of the proceeds thereof as described in the Time of Sale Information and the Prospectus, will be currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, from paying any dividends to the Company, from making any other distribution on such subsidiary’s capital stock, from repaying to the Company any loans or advances to such subsidiary from the Company or from transferring any of such subsidiary’s properties or assets to the Company or any other subsidiary of the Company.

No Restrictions on Subsidiaries. Except for any restrictions of applicable corporate or limited liability company law, no subsidiary of the Company is or, after giving effect to the offering and sale of the Securities and the application of the proceeds thereof as described in the Time of Sale Information and the ProspectusOffering Memorandum, will be no subsidiary of the Company is currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, from paying any dividends to the Company, from making any other distribution on such subsidiary’s capital stock, from repaying to the Company any loans or advances to such subsidiary from the Company or from transferring any of such subsidiary’s properties or assets to the Company or any other subsidiary of the Company.

No Restrictions on Subsidiaries. Except for any restrictions of applicable corporate or limited liability company law, no No subsidiary of the Company is or, after giving effect to the offering and sale of the Securities and the application of the proceeds thereof as described in the Time of Sale Information and the Prospectus, will be currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, from paying any dividends to the Company, from making any other distribution on such subsidiary’s capital stock, from repaying to the Company any loans or advances to such subsidiary from the Company or from transferring any of such subsidiary’s properties or assets to the Company or any other subsidiary of the CompanyCompany except as set forth in the Senior Secured Credit Facility or as described in or contemplated by the Time of Sale Offering Memorandum and the Offering Memorandum.

No Restrictions on Subsidiaries. Except for any restrictions as described in or expressly contemplated by the Time of applicable corporate or limited liability company lawSale Information and the Offering Memorandum, no subsidiary of the Company is or, after giving effect to the offering and sale of the Securities and the application of the proceeds thereof as described in the Time of Sale Information and the Prospectus, will be currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, from paying any dividends to the Company, from making any other distribution on such subsidiary’s capital stockstock or similar ownership interest, from repaying to the Company any loans or advances to such subsidiary from the Company or from transferring any of such subsidiary’s properties or assets to the Company or any other subsidiary of the Company.

No Restrictions on Subsidiaries. Except for any restrictions of applicable corporate or limited liability company law, no subsidiary of the Company No Subsidiary is or, after giving effect to the offering and sale of the Securities and the application of the proceeds thereof as described in the Time of Sale Information and the Prospectus, will be currently prohibited, directly or indirectly, under any agreement or other instrument to which it is a party or is subject, from paying any dividends to the Company, from making any other distribution on such subsidiarySubsidiary’s capital stock, from repaying to the Company any loans or advances to such subsidiary Subsidiary from the Company or from transferring any of such subsidiarySubsidiary’s properties or assets to the Company or any other subsidiary of the Company, except for limitations on the foregoing set forth in the PDCM Credit Facility and described in each of the Time of Sale Information and the Offering Memorandum.