Common use of Restricted Payments and Purchases Clause in Contracts

Restricted Payments and Purchases. The Borrower shall --------------------------------- not, and shall not permit any of the Restricted Subsidiaries to, directly or indirectly declare or make any Restricted Payment or Restricted Purchase, except that so long as no Default hereunder then exists or would be caused thereby:

Appears in 1 contract

Samples: Loan Agreement (Teleport Communications Group Inc)

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Restricted Payments and Purchases. The Borrower shall --------------------------------- not, and shall not permit any of the Restricted Subsidiaries to, directly or indirectly --------------------------------- indirectly, declare or make any Restricted Payment or Restricted Purchase, except that the Borrower may declare and make Restricted Payments and make Restricted Purchases, in each case, so long as no Default hereunder then exists or would be caused thereby:.

Appears in 1 contract

Samples: Credit Agreement (Unitrin Inc)

Restricted Payments and Purchases. The Borrower shall --------------------------------- not, and shall not permit any of the Restricted Subsidiaries to, directly or indirectly declare or make any Restricted Payment or Restricted Purchase, except that so long as no Default or Event of Default hereunder then exists or would be caused thereby, the Borrower may make the following permitted Restricted Payments:

Appears in 1 contract

Samples: Pledge Agreement (Bresnan Capital Corp)

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Restricted Payments and Purchases. The Borrower shall --------------------------------- not, and shall not permit any cause each of the its Restricted Subsidiaries not to, directly or indirectly declare or make any Restricted Payment or Restricted Purchase, except that so long as no Default hereunder then exists or would be caused therebybefore and immediately after giving effect thereto:

Appears in 1 contract

Samples: Credit Agreement (Western Wireless Corp)

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