Common use of No Restrictions on Subsidiary Distributions to Borrower Clause in Contracts

No Restrictions on Subsidiary Distributions to Borrower. Except as ------------------------------------------------------- provided herein, directly or indirectly create or otherwise cause or suffer to exist or become effective any consensual encumbrance or restriction of any kind on the ability of any such Subsidiary to: (1) pay dividends or make any other distribution on any of such Subsidiary's capital stock owned by Borrower or any Subsidiary of Borrower: (2) subject to subordination provisions, pay any indebtedness owed to Borrower or any other Subsidiary; (3) make loans or advances to Borrower or any other Subsidiary; or (4) transfer any of its property or assets to Borrower or any other Subsidiary.

No Restrictions on Subsidiary Distributions to Borrower. Except as ------------------------------------------------------- provided herein, no Borrower will nor will it permit any of its Subsidiaries directly or indirectly to create or otherwise cause or suffer to exist or become effective (other than pursuant to this Agreement) any consensual encumbrance or restriction of any kind on the ability of any such Subsidiary to: (1) pay dividends or make any other distribution on any of such Subsidiary's capital stock owned by a Borrower or any Subsidiary of a Borrower: ; or (2) subject to subordination provisions, pay any indebtedness owed to a Borrower or any other Subsidiary; (3) make loans or advances to a Borrower or any other Subsidiary; or (4) transfer any of its property or assets to a Borrower or any other Subsidiary.

No Restrictions on Subsidiary Distributions to Borrower. Except as ------------------------------------------------------- provided herein, Borrower will not and will not permit any of its Subsidiaries directly or indirectly to create or otherwise cause or suffer to exist or become effective any consensual encumbrance or restriction of any kind on the ability of any such Subsidiary to: (1i) pay dividends or make any other distribution on any of such Subsidiary's capital stock owned by Borrower or any Subsidiary of Borrower: ; (2ii) subject to subordination provisionsprovisions in favor of Lenders, pay any indebtedness Indebtedness owed to Borrower or any other Subsidiary; (3iii) make loans or advances to Borrower or any other Subsidiary; or (4iv) transfer any of its property or assets to Borrower or any other Subsidiary.

No Restrictions on Subsidiary Distributions to Borrower. Except as ------------------------------------------------------- provided herein, Borrower will not and will not permit any of its Subsidiaries directly or indirectly to create or otherwise cause or suffer to exist or become effective any consensual encumbrance or restriction of any kind on the ability of any such Subsidiary to: (1a) pay dividends or make any other distribution on any of such Subsidiary's capital stock Capital Stock owned by Borrower or any Subsidiary of Borrower: ; (2b) subject to subordination provisions, pay any indebtedness owed to Borrower or any other Subsidiary; (3c) make loans or advances to Borrower or any other Subsidiary; or (4d) transfer any of its property or assets to Borrower or any other Subsidiary.

No Restrictions on Subsidiary Distributions to Borrower. Except as ------------------------------------------------------- provided hereinin this Agreement, Borrower will not and will not permit any of its Subsidiaries directly or indirectly to create or otherwise cause or suffer to exist or become effective any consensual encumbrance or restriction of any kind on the ability of any such Subsidiary to: (1a) pay dividends or make any other distribution on any of such Subsidiary's capital stock ’s Equity Interests owned by Borrower or any Subsidiary of Borrower: ; (2b) subject to subordination provisions, pay any indebtedness Indebtedness owed to Borrower or any other Subsidiary; (3c) make loans or advances to Borrower or any other Subsidiary; or (4d) transfer any of its property or assets Property to Borrower or any other Subsidiary.

No Restrictions on Subsidiary Distributions to Borrower. Except as ------------------------------------------------------- provided herein, directly Directly or indirectly create or otherwise cause or suffer to exist or become effective any consensual encumbrance or restriction of any kind on the ability of any such Subsidiary (other than a Purchasing Subsidiary or a Subsidiary of a Purchasing Subsidiary) of Borrower to: (1) pay dividends or make any other distribution on any of such Subsidiary's capital stock owned by Borrower or any Subsidiary of Borrower: ; (2) subject to subordination subor-dination provisions, pay any indebtedness owed to Borrower or any other Subsidiary; (3) make loans or advances to Borrower or any other Subsidiary; or (4) transfer any of its property or assets to Borrower or any other Subsidiary.

No Restrictions on Subsidiary Distributions to Borrower. Except as ------------------------------------------------------- provided hereinherein or in Section 4.7 of the Indenture, Borrower will not and will not permit any of their Subsidiaries directly or indirectly to create or otherwise cause or suffer to exist or become effective any consensual encumbrance or restriction of any kind on the ability of any such Subsidiary to: (1) pay dividends or make any other distribution on any of such Subsidiary's capital stock Capital Stock owned by Borrower or any Subsidiary of Borrower: ; (2) subject to subordination provisions, pay any indebtedness owed to Borrower or any other Subsidiary; or (3) make loans or advances to Borrower or any other Subsidiary; or (4) transfer any of its property or assets to Borrower or any other SubsidiarySubsidiary prohibited by the Indenture as in effect on the date hereof.

No Restrictions on Subsidiary Distributions to Borrower. Except as ------------------------------------------------------- provided herein, Borrower will not and will not permit any of its Subsidiaries (other than the Excluded Subsidiaries) directly or indirectly to create or otherwise cause or suffer to exist or become effective any consensual encumbrance or restriction of any kind on the ability of any such Subsidiary to: (1) pay dividends or make any other distribution on any of such Subsidiary's capital stock or other equity interest owned by Borrower or any Subsidiary of Borrower: other Subsidiary; (2) subject to subordination provisions, pay any indebtedness Indebtedness owed to Borrower or any other Subsidiary; (3) make loans or advances to Borrower or any other Subsidiary; or (4) transfer any of its property or assets to Borrower or any other Subsidiary.

No Restrictions on Subsidiary Distributions to Borrower. Except as ------------------------------------------------------- provided herein, directly or indirectly create or otherwise cause or suffer to exist or become effective any consensual encumbrance or restriction of any kind on the ability of any such Subsidiary to: (1) pay dividends or make any other distribution on any of such Subsidiary's capital stock owned by Borrower or any Subsidiary of Borrower: ; (2) subject to subordination provisions, pay any indebtedness owed to Borrower or any other Subsidiary; (3) make loans or advances to Borrower or any other Subsidiary; or (4) transfer any of its property or assets to Borrower or any other Subsidiary.