Common use of No Restrictions on Subsidiary Dividends Clause in Contracts

No Restrictions on Subsidiary Dividends. The Company shall not, and shall not suffer or permit any Subsidiary (other than the Excluded Subsidiary) to, enter into or be bound by any Contractual Obligation which restricts, limits or prohibits the payment of dividends by any Subsidiary (other than the Excluded Subsidiary) or the making of any other distribution in respect of such Subsidiary's capital stock.

Appears in 3 contracts

Samples: Credit Agreement (Precision Castparts Corp), Credit Agreement (Precision Castparts Corp), Credit Agreement (Precision Castparts Corp)

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No Restrictions on Subsidiary Dividends. The Company Holdings shall not, and shall not suffer or permit any Subsidiary (other than the Excluded Subsidiary) to, enter into or be bound by any Contractual Obligation which restricts, limits or prohibits the payment of dividends by any Subsidiary (other than the Excluded Subsidiary) or the making of any other distribution in respect of such Subsidiary's capital stock.

Appears in 2 contracts

Samples: Credit Agreement (Building Materials Holding Corp), Credit Agreement (Building Materials Holding Corp)

No Restrictions on Subsidiary Dividends. The Company Holdings shall not, and shall not suffer or permit any Subsidiary (other than the Excluded Subsidiary) to, enter into or be bound by any Contractual Obligation which restricts, limits or prohibits the payment of dividends by any Subsidiary (other than the Excluded Subsidiary) or the making of any other distribution in respect of such Subsidiary's ’s capital stockstock or other equity interests.

Appears in 1 contract

Samples: Credit Agreement (Building Materials Holding Corp)

No Restrictions on Subsidiary Dividends. The Company Holdings shall not, and shall not suffer or permit any Subsidiary (other than the Excluded Subsidiary) to, enter into or be bound by any Contractual Obligation which restricts, limits or prohibits the payment of dividends by any Subsidiary (other than the Excluded Subsidiary) or the making of any other distribution in respect of such Subsidiary's ’s capital stock.stock or other equity interests, except for the following:

Appears in 1 contract

Samples: Credit Agreement (Building Materials Holding Corp)

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No Restrictions on Subsidiary Dividends. The Parent and --------------------------------------- the Company shall not, and shall not suffer or permit any Subsidiary (other than the Excluded Subsidiary) to, enter into or be bound by any Contractual Obligation which restricts, limits or prohibits the payment of dividends by any Subsidiary (other than the Excluded Subsidiary) or the making of any other distribution in respect of such Subsidiary's capital stock.; provided, however, that the foregoing shall not prohibit -------- ------- any restrictions, limitations or prohibitions:

Appears in 1 contract

Samples: Credit Agreement (Mail Well Inc)

No Restrictions on Subsidiary Dividends. The Company Holdings shall not, and shall not suffer or permit any Subsidiary (other than the Excluded Subsidiary) to, enter into or be bound by any Contractual Obligation which restricts, limits or prohibits the payment of dividends by any Subsidiary (other than the Excluded Subsidiary) or the making of any other distribution in respect of such Subsidiary's ’s capital stock.

Appears in 1 contract

Samples: Credit Agreement (Building Materials Holding Corp)

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