Common use of Restricted Payments; Affiliate Transactions Clause in Contracts

Restricted Payments; Affiliate Transactions. Notwithstanding anything in the Credit Agreement or any other Loan Documents to the contrary, during the Forbearance Period, Borrower will not make or agree to make any Restricted Payment other than as set forth in the Budget.

Appears in 2 contracts

Samples: Forbearance Agreement (Essex Rental Corp.), Forbearance Agreement (Essex Rental Corp.)

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Restricted Payments; Affiliate Transactions. Notwithstanding anything in the Credit Agreement or any other Loan Documents to the contrary, during the Forbearance Period, Borrower will not make or agree to make any Restricted Payment Payments, or any payments otherwise permitted under Section 6.10(b) of the Credit Agreement, other than as may be set forth in the Budget.

Appears in 2 contracts

Samples: Forbearance Agreement (Essex Rental Corp.), Forbearance Agreement (Essex Rental Corp.)

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