Common use of Payment or Dividend Restrictions Clause in Contracts

Payment or Dividend Restrictions. Except as set forth in Section 7.05 or described on Schedule 5.20 or as expressly permitted by the terms of this Agreement, none of the Consolidated Companies is party to or subject to any agreement or understanding restricting or limiting the payment of any dividends or other distributions by any such Consolidated Company.

Appears in 9 contracts

Samples: Credit Agreement (Intermet Corp), Term Loan Agreement (Intermet Corp), Credit Agreement (Intermet Corp)

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Payment or Dividend Restrictions. Except as set forth in Section 7.05 8.12 or described on Schedule 5.20 or as expressly permitted by the terms of this Agreement6.22, none of the Consolidated Companies is party to or subject to any agreement or understanding restricting or limiting the payment of any dividends or other distributions by any such Consolidated Company.

Appears in 3 contracts

Samples: Credit Agreement (Dyersburg Corp), Credit Agreement (Interface Inc), Credit Agreement (Interface Inc)

Payment or Dividend Restrictions. Except as set forth in Section 7.05 or described on Schedule 5.20 or as expressly permitted by the terms of this Agreement7.21, none of the Consolidated Companies is party to or subject to any agreement or understanding restricting or limiting the payment of any dividends or other distributions by any such Consolidated CompanyCompanies.

Appears in 3 contracts

Samples: Revolving Credit and Term Loan Agreement (Catalina Lighting Inc), Revolving Credit and Term Loan Agreement (Catalina Lighting Inc), Revolving Credit and Term Loan Agreement (Catalina Lighting Inc)

Payment or Dividend Restrictions. Except as set forth in Section 7.05 or described on Schedule 5.20 or as expressly permitted by the terms of this Agreement6.21., none of the Consolidated Companies is party to or subject to any agreement or understanding restricting or limiting the payment of any dividends or other distributions by any such Consolidated Company.

Appears in 2 contracts

Samples: Credit Agreement (Rock Tenn Co), Credit Agreement (Rock Tenn Co)

Payment or Dividend Restrictions. Except as set forth in Section 7.05 or described on Schedule 5.20 or as expressly permitted by the terms of this Agreement5.1(a), none of the Consolidated Companies is party to or subject to any agreement or understanding restricting or limiting the payment of any dividends or other distributions by any such Consolidated Company.;

Appears in 2 contracts

Samples: Loan Facility Agreement (Ruby Tuesday Inc), Loan Facility Agreement (Ruby Tuesday Inc)

Payment or Dividend Restrictions. Except as set forth in Section 7.05 9.05 or described on Schedule 5.20 7.22 or as -61- expressly permitted by the terms of this Agreement, none of the Consolidated Companies is party to or subject to any agreement or understanding restricting or limiting the payment of any dividends or other distributions by any such Consolidated Company.

Appears in 1 contract

Samples: Credit Agreement (Intermet Corp)

Payment or Dividend Restrictions. Except as set forth in Section 7.05 9.12 or described on Schedule 5.20 or as expressly permitted by the terms of this Agreement7.22, none of the Consolidated Companies is party to or subject to any agreement or understanding restricting or limiting the payment of any dividends or other distributions by any such Consolidated Company.

Appears in 1 contract

Samples: Credit Agreement (Interface Inc)

Payment or Dividend Restrictions. Except as set forth in Section 7.05 SECTION 8.12 or described on Schedule 5.20 or as expressly permitted by the terms of this AgreementSCHEDULE 6.22, none of the Consolidated Companies is party to or subject to any agreement or understanding restricting or limiting the payment of any dividends or other distributions by any such Consolidated Company.

Appears in 1 contract

Samples: Credit Agreement (Dixie Group Inc)

Payment or Dividend Restrictions. Except as set forth in Section 7.05 11.04 or described on Schedule 5.20 or as expressly permitted by the terms of this Agreement6.21, none of the Consolidated Companies is party to or subject to any agreement or understanding restricting or limiting the payment of any dividends or other distributions by any such Consolidated Company.

Appears in 1 contract

Samples: Credit Agreement (Nelson Thomas Inc)

Payment or Dividend Restrictions. Except as set forth in Section 7.05 or described on Schedule 5.20 or as expressly permitted by the terms of this Agreement5.21., none of the Consolidated Companies is party to or subject to any agreement or understanding restricting or limiting the payment of any dividends or other distributions by any such Consolidated Company.

Appears in 1 contract

Samples: Credit Agreement (CBRL Group Inc)

Payment or Dividend Restrictions. Except as set forth -------------------------------- in Section 7.05 or described on Schedule 5.20 or as expressly permitted by the ------------ ------------- terms of this Agreement, none of the Consolidated Companies is party to or subject to any agreement or understanding restricting or limiting the payment of any dividends or other distributions by any such Consolidated Company.

Appears in 1 contract

Samples: Credit Agreement (Intermet Corp)

Payment or Dividend Restrictions. Except as set forth in Section 7.05 or described on Schedule 5.20 5.19 or as expressly permitted by the terms of this Agreement, none of the Consolidated Companies is party to or subject to any agreement or understanding restricting or limiting the payment of any dividends or other distributions by any such Consolidated Company.

Appears in 1 contract

Samples: Credit Agreement (Haverty Furniture Companies Inc)

Payment or Dividend Restrictions. Except as set forth in Section 7.05 7.04 or described on Schedule 5.20 5.19 or as expressly permitted by the terms of this Agreement, none of the Consolidated Companies is party to or subject to any agreement or understanding restricting or limiting the payment of any dividends or other distributions by any such Consolidated Company.

Appears in 1 contract

Samples: Credit Agreement (Haverty Furniture Companies Inc)

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Payment or Dividend Restrictions. Except as set forth in Section 7.05 or described on Schedule 5.20 or as expressly permitted by the terms of this Agreement5.22, none of the Consolidated Companies is party to or subject to any agreement or understanding restricting or limiting the payment of any dividends or other distributions by any such Consolidated Company.

Appears in 1 contract

Samples: Credit Agreement (Morrison Health Care Inc)

Payment or Dividend Restrictions. Except as set forth in Section 7.05 7.10 or described on Schedule 5.20 or as expressly permitted by the terms of this AgreementSCHEDULE 5.21, none of the Consolidated Companies is party to or subject to any agreement or understanding (other than restrictions arising under applicable law) restricting or limiting the payment of any dividends or other distributions by any such Consolidated Company.

Appears in 1 contract

Samples: Credit Agreement (Vari Lite International Inc)

Payment or Dividend Restrictions. Except as set forth in Section 7.05 8.12 or described on Schedule 5.20 or as expressly permitted by the terms of this AgreementSCHEDULE 6.22, none of the Consolidated Companies is party to or subject to any agreement or understanding restricting or limiting the payment of any dividends or other distributions by any such Consolidated Company.

Appears in 1 contract

Samples: Credit Agreement (Interface Inc)

Payment or Dividend Restrictions. Except as set forth in Section 7.05 or described -------------------------------- on Schedule 5.20 or as expressly permitted by the terms of this Agreement6.21, none of the Consolidated Companies is party to or subject to ------------- any agreement or understanding restricting or limiting the payment of any dividends or other distributions by any such Consolidated Company.

Appears in 1 contract

Samples: Credit Agreement (Morrison Restaurants Inc/)

Payment or Dividend Restrictions. Except as set forth in Section 7.05 or described on Schedule 5.20 or as expressly permitted by the terms of this Agreement7.21, none of the Consolidated Companies is party to or subject to any agreement or understanding restricting or limiting the payment of any dividends or other distributions by any such Consolidated Company.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Conso International Corp)

Payment or Dividend Restrictions. Except as set forth in Section 7.05 7.04 or described on Schedule 5.20 or as expressly permitted by the terms of this Agreement5.21, none of the Consolidated Companies is party to or subject to any agreement or understanding restricting or limiting the payment of any dividends or other distributions by any such Consolidated Company.

Appears in 1 contract

Samples: Credit Agreement (Fuqua Enterprises Inc)

Payment or Dividend Restrictions. Except as set forth in Section 7.05 or described on Schedule 5.20 or as expressly permitted by the terms of this Agreement4.1(bb), none of the Consolidated Companies is party to or subject to any agreement or understanding restricting or limiting the payment of any dividends or other distributions by any such Consolidated Company.

Appears in 1 contract

Samples: Master Agreement (Dollar General Corp)

Payment or Dividend Restrictions. Except as set forth in Section 7.05 7.12 or described on Schedule 5.20 or as expressly permitted by the terms of this Agreement5.22, none of the Consolidated Companies is party to or subject to any agreement or understanding restricting or limiting the payment of any dividends or other distributions by any such Consolidated Company.

Appears in 1 contract

Samples: Term Loan Agreement (Interface Inc)

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