Common use of Restricted Payments and Purchases Clause in Contracts

Restricted Payments and Purchases. The Borrower shall not, and shall cause each of its Subsidiaries not to, directly or indirectly declare or make any Restricted Payment or Restricted Purchase (other than to the extent permitted in Section 7.6(b) hereof) except that so long as no Default hereunder then exists or would be caused thereby:

Appears in 2 contracts

Samples: Loan Agreement (Cellnet Data Systems Inc), Loan Agreement (Cellnet Data Systems Inc)

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Restricted Payments and Purchases. The Borrower shall not, and shall cause each of its Restricted Subsidiaries not to, directly or indirectly declare or make any Restricted Payment or Restricted Purchase (other than to the extent permitted in Section 7.6(b) hereof) Purchase, except that so long as no Default hereunder then exists or would be caused thereby:

Appears in 2 contracts

Samples: Loan Agreement (Western Wireless Corp), Loan Agreement (Western Wireless Corp)

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Restricted Payments and Purchases. The Borrower shall not, --------------------------------- and shall cause each of its Subsidiaries not to, directly or indirectly declare or make any Restricted Payment or Restricted Purchase (other than to except among the extent permitted in Section 7.6(b) hereof) Borrower and its Subsidiaries), except that so long as no Default hereunder then exists or would be caused therebyby the making of such Restricted Payment or Restricted Purchase, and subject to full compliance by the Borrower with all of the covenants and agreements herein after giving effect to such payment:

Appears in 1 contract

Samples: Stock Pledge Agreement (Evergreen Media Corp)

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