Common use of Restricted Payment Clause in Contracts

Restricted Payment. Any (a) Distribution, (b) payment or prepayment by any Borrower or any Subsidiary to (i) such Borrowers' or such Subsidiaries shareholders (or other equity holders), in each case, other than to another Borrower, or (ii) to any Affiliate of such Borrower or such Subsidiary or any Affiliate of such Borrower's or such Subsidiary's shareholders (or other equity holders), in each case, other than to another Borrower or (c) derivatives or other transactions with any financial institution, commodities or stock exchange or clearinghouse (a "Derivatives Counterparty") obligating such Borrower or such Subsidiary to make payments to such Derivatives Counterparty as a result of any change in market value of any Capital Stock of such Borrower or such Subsidiary.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Waste Connections Inc/De), Revolving Credit and Term Loan Agreement (Waste Connections Inc/De)

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Restricted Payment. Any In relation to the Borrowers and their Subsidiaries, any (a) Distribution, (b) payment or prepayment by the Borrowers or their Subsidiaries to any Borrower of the Borrower’s or any Subsidiary to (i) such Borrowers' or such Subsidiaries Subsidiary’s shareholders (or other equity holders), in each case, other than to another Borrowerthe Borrowers, or (ii) to any Affiliate of such Borrower any of the Borrowers or such any Subsidiary or of any Affiliate of such Borrower's any of the Borrowers or such Subsidiary's ’s shareholders (or other equity holders), in each case, other than to another Borrower or (c) derivatives or other transactions with any financial institution, commodities or stock exchange or clearinghouse (a "Derivatives Counterparty") obligating such Borrower any of the Borrowers or such any Subsidiary to make payments to such Derivatives Counterparty as a result of any change in market value of any Capital Stock of such Borrower any of the Borrowers or such Subsidiary.

Appears in 1 contract

Samples: Revolving Credit Agreement (Barnes Group Inc)

Restricted Payment. Any In relation to the Borrowers and their Subsidiaries, any (a) Distribution, (b) payment or prepayment by any Borrower or any Subsidiary of its Subsidiaries of any amounts to (i) such Borrowers' Borrower’s or such Subsidiaries shareholders (Subsidiary’s equity holders or other to any Affiliates of such equity holders)holders or of such Borrower, in each case, other than to another a Borrower, or (ii) to any Affiliate of such Borrower or such Subsidiary or any Affiliate of such Borrower's or such Subsidiary's shareholders (or other equity holders), in each case, other than to another Borrower or (c) payment or prepayment of any amounts in respect of any Subordinated Debt, (d) payments in respect of derivatives or other transactions with any financial institution, commodities or stock exchange or clearinghouse (a "Derivatives Counterparty") obligating such a Borrower or such Subsidiary any of its Subsidiaries to make payments to such Derivatives Counterparty as a result of any change in market value of any Capital Stock Equity Interests of such Borrower or such Subsidiary, or (e) any payments to any Sponsor.

Appears in 1 contract

Samples: Revolving Credit Agreement (McCormick & Schmicks Seafood Restaurants Inc.)

Restricted Payment. Any In relation to the Borrower and its Subsidiaries, any (a) Distribution, (b) payment or prepayment by any the Borrower or its Subsidiaries to any Subsidiary to (i) such Borrowers' of the Borrower’s or such Subsidiaries any Subsidiary’s shareholders (or other equity holders), in each case, other than to another the Borrower, or (ii) to any Affiliate of such the Borrower or any Subsidiary of any Affiliate of the Borrower or such Subsidiary or any Affiliate of such Borrower's or such Subsidiary's ’s shareholders (or other equity holders), in each case, other than to another Borrower or (c) derivatives or other transactions with any financial institution, commodities or stock exchange or clearinghouse (a "Derivatives Counterparty") obligating such the Borrower or such any Subsidiary to make payments to such Derivatives Counterparty as a result of any change in market value of any Capital Stock of such the Borrower or such Subsidiary.

Appears in 1 contract

Samples: Assignment and Assumption (Barnes Group Inc)

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Restricted Payment. Any (a) Distribution, (b) payment or prepayment by any Borrower or any Subsidiary to (i) such Borrowers' or such Subsidiaries shareholders (or other equity holders), in each case, other than to another Borrower, or (ii) to any Affiliate of such Borrower or such Subsidiary or any Affiliate of such Borrower's or such Subsidiary's shareholders (or other equity holders), in each case, other than to another Borrower or (c) derivatives or other transactions with any financial institution, commodities or stock exchange or clearinghouse (a "Derivatives Counterparty") obligating such Borrower or such Subsidiary to make payments to such Derivatives Counterparty as a result of any change in market value of any Capital Stock capital stock of such Borrower or such Subsidiary.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Waste Connections Inc/De)

Restricted Payment. Any In relation to the Borrower and its Subsidiaries, any (a) Distribution, (b) payment or prepayment by any the Borrower or its Subsidiaries to the Borrower’s or any Subsidiary to (i) such Borrowers' or such Subsidiaries Subsidiary’s shareholders (or other equity holders), in each case, other than to another the Borrower, or (ii) to any Affiliate of such the Borrower or such any Subsidiary or of any Affiliate of such the Borrower's ’s or such Subsidiary's ’s shareholders (or other equity holders), in each case, other than to another Borrower or (c) derivatives or other transactions with any financial institution, commodities or stock exchange or clearinghouse (a "Derivatives Counterparty") obligating such the Borrower or such any Subsidiary to make payments to such Derivatives Counterparty as a result of any change in market value of any Capital Stock of such the Borrower or such Subsidiary.

Appears in 1 contract

Samples: Revolving Credit Agreement (Barnes Group Inc)

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