Common use of Payment Blockage Clause in Contracts

Payment Blockage. Each Guarantor agrees that it shall not make any payment in respect of its Guarantee (except in Permitted Junior Securities or from the trust (if any) described in Section 8.04) if:

Appears in 3 contracts

Samples: Digicel Group LTD, Digicel Group LTD, Digicel Group LTD

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Payment Blockage. Each Guarantor agrees that it shall not make any payment in respect of its Guarantee (except in Permitted Junior Securities or from the trust (if any) described in Section 8.046.3) if:

Appears in 2 contracts

Samples: Indenture (Tenet Healthcare Corp), Indenture (Tenet Healthcare Corp)

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Payment Blockage. Each (a) A Guarantor agrees that it shall may not make any payment in respect of its Guarantee (except in Permitted Junior Securities or from the trust (if any) described Article 8 provided that no payment blockage under this Section 11.04 shall have been in Section 8.04effect at the time of the deposit of funds into such trust) if:

Appears in 1 contract

Samples: Liberty Global PLC

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