Common use of Restricted Junior Payments Clause in Contracts

Restricted Junior Payments. The Borrower shall not make any Restricted Junior Payment, except that, so long as no Event of Default or Unmatured Event of Default has occurred or would result therefrom, the Borrower may declare and make distributions to its member on its membership interests.

Restricted Junior Payments. The Borrower shall not make any Restricted Junior Payment, except that, so long as no Event of Default or Unmatured Event of Default has occurred or would result therefromtherefrom and subject to the provisions of Section 2.07(d), the Borrower may declare and make distributions to its member on its membership interests.

Restricted Junior Payments. The Borrower shall not make any Restricted Junior Payment, except that, so long as no Event of Default or Unmatured Event of Default has occurred and is continuing or would result therefrom, the Borrower may declare and make distributions to its member on its membership interests.

Restricted Junior Payments. The Borrower shall not make any Restricted Junior Payment, except that, so long as no Event of Default or Unmatured Event of Default has occurred and is continuing or would result therefrom, the Borrower may declare and make distributions to its member on its membership interests, including as permitted by Section 2.07(b).

Restricted Junior Payments. The Borrower shall not make any Restricted Junior Payment, except that, so long as no Event of Default has occurred or Unmatured Event of Default has occurred is continuing or would result therefrom, the Borrower may declare and make distributions to its member on its membership interests.

Restricted Junior Payments. The Borrower shall not make any Restricted Junior Payment, except that, so long as no Event of Default or Unmatured Event of Default has occurred (and has not been waived) or would result therefrom, the Borrower may declare and make distributions to its member on the holders of its membership interestsinterests in accordance with Section 2.04 (including towards a Permitted RIC Distribution) or from proceeds of an Advance.

Restricted Junior Payments. The Borrower shall not make any Restricted Junior Payment, except that, so long as no Event of Default or Unmatured Event of Default has occurred and is continuing (and has not been waived) or would result therefrom, the Borrower may declare and make distributions to its member on the holders of its membership interestsinterests in accordance with Section 2.04 (including towards a Permitted RIC Distribution) or from proceeds of an Advance.

Restricted Junior Payments. The Borrower shall not make any Restricted Junior Payment, except thatexcept, (i) for amounts distributed by the Borrower in connection with a Permitted RIC Distribution and (ii) so long as no Event of Default or Unmatured Event of Default has occurred (and has not been waived) or would result therefrom, the Borrower may declare and make distributions (for the avoidance of doubt, including Restricted Junior Payments) to its member members on its membership interestsequity interests on any day including Payment Dates.

Restricted Junior Payments. The Borrower shall not make any Restricted Junior Payment, except that, so long as no Event of Default or Unmatured Event of Default has occurred or connection herewith that would result therefrombe inconsistent with the limited recourse undertaking of the Servicer, in its capacity as seller, under Section 2.1(e) of the Borrower may declare Purchase and make distributions to its member on its membership interestsSale Agreement.

Restricted Junior Payments. The Borrower shall not make any Restricted Junior Payment, except that, so long as no Event of Default or Unmatured Payment (i) at any time that an Event of Default has occurred or would result therefrom, the Borrower may declare and make distributions to its member (ii) other than on its membership interestsa Payment Date.