Common use of Provisions Regarding Restrictions on Payment Clause in Contracts

Provisions Regarding Restrictions on Payment. The Buyer covenants and agrees, and the Seller, by its acceptance of this Subordinated Note, likewise covenants and agrees on behalf of itself and any holder of this Subordinated Note, that the payment of the principal amount of, and interest on, this Subordinated Note is hereby expressly subject to certain restrictions set forth in the following clauses of this paragraph 9:

Appears in 4 contracts

Samples: Receivables Sale Agreement (Boston Scientific Corp), Receivables Sale Agreement (Quest Diagnostics Inc), Receivables Sale Agreement (Boston Scientific Corp)

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Provisions Regarding Restrictions on Payment. The Buyer covenants and agrees, and the SellerOriginator, by its acceptance of this Subordinated Note, likewise covenants and agrees on behalf of itself and any holder of this Subordinated Note, that the payment of the principal amount of, and interest on, this Subordinated Note is hereby expressly subject to certain restrictions set forth in the following clauses of this paragraph 9:

Appears in 3 contracts

Samples: Receivables Sale and Contribution Agreement (DCP Midstream, LP), Receivables Purchase Agreement (Davey Tree Expert Co), Hunt J B Transport Services Inc

Provisions Regarding Restrictions on Payment. The Buyer Company covenants and agrees, and the [Name of Seller], by its acceptance of this Subordinated Seller Note, likewise covenants and agrees on behalf of itself and any holder of this Subordinated Seller Note, that the payment of the principal amount of, and interest on, this Subordinated Seller Note is hereby expressly subject to certain restrictions set forth in the following clauses of this paragraph 9:

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Cadmus Communications Corp/New), Purchase and Sale Agreement (Cadmus Communications Corp/New)

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Provisions Regarding Restrictions on Payment. The Buyer covenants and agrees, and the SellerOriginator, by its acceptance of this Subordinated Note, likewise covenants and agrees on behalf of itself and any holder of this Subordinated Note, that the payment of the principal amount of, and interest on, this Subordinated Note is hereby expressly subject to certain restrictions set forth in the following clauses of this paragraph 9:: EXECUTION VERSION

Appears in 1 contract

Samples: Joinder Agreement (Davey Tree Expert Co)

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