Common use of Payments to Minority Interests Clause in Contracts

Payments to Minority Interests. Terra Industries ------------------------------ shall not pay or cause to be paid, or permit any of its Subsidiaries to pay or cause to be paid, to any holder of a minority interest any amount (including any TNCLP Minority Interest Payment) with respect to such minority interest in excess of the amount to which such holder is legally entitled, unless Terra Industries or such Subsidiary simultaneously receives payment in an amount equal to or greater than its ratable share of the amount of the related distribution (determined in accordance with the respective interests then held by Terra Industries and such Subsidiary, on the one hand, and such holder, on the other); provided, however, that the purchase of Common Units permitted by Section 8.3(h) will not constitute a breach of this Section 8.20.

Payments to Minority Interests. Terra Industries ------------------------------ shall not pay or cause to be paid, or permit any of its Subsidiaries to pay or cause to be paid, to any holder of a minority interest any amount (including any TNCLP Minority Interest Payment) with respect to such minority interest in excess of the amount to which such holder is legally entitled, unless Terra Industries or such Subsidiary simultaneously receives payment in an amount equal to or greater than its ratable share of the amount of the related distribution (determined in accordance with the respective interests then held by Terra Industries and such Subsidiary, on the one hand, and such holder, on the other); provided, however, that the a purchase of Common Units permitted by Section 8.3(h6.3(h) will not constitute a breach of this Section 8.206.20.

Payments to Minority Interests. Terra Industries shall ------------------------------ shall not pay or cause to be paid, or permit any of its Subsidiaries to pay or cause to be paid, to any holder of a minority interest any amount (including any TNCLP Minority Interest Payment) with respect to such minority interest in excess of the amount to which such holder is legally entitled, unless Terra Industries or such Subsidiary simultaneously receives payment in an amount equal to or greater than its ratable share of the amount of the related distribution (determined in accordance with the respective interests then held by Terra Industries and such Subsidiary, on the one hand, and such holder, on the other); provided, however, that the a purchase of Common Units permitted by Section 8.3(h) will not constitute a breach of this Section 8.20.

Payments to Minority Interests. Terra Industries ------------------------------ shall not pay or cause to be paid, or permit any of its Subsidiaries (including TNLP and its Subsidiaries) to pay or cause to be paid, to any holder of a minority interest any amount (including any TNCLP Minority Interest Payment) with respect to such minority interest in excess of the amount to which such holder is legally entitled, unless Terra Industries or such Subsidiary simultaneously receives payment in an amount equal to or greater than its ratable share of the amount of the related distribution (determined in accordance with the respective interests then held by Terra Industries and such Subsidiary, on the one hand, and such holder, on the other); provided, however, that the a purchase of Common Units permitted by Section 8.3(h) will not constitute a breach of this Section 8.20.