Restriction on Debt Purchase Transactions. The Borrower shall not, and shall procure that each other member of the Group shall not, enter into any Debt Purchase Transaction or beneficially own all or any part of the share capital of a company that is a Lender or a party to a Debt Purchase Transaction of the type referred to in paragraphs (B) or (C) of the definition of Debt Purchase Transaction.
Restriction on Debt Purchase Transactions. Neither Obligor shall, and shall procure that no other member of the Group will, enter into any Debt Purchase Transaction or beneficially own all or any part of the share capital of a company that is a Lender or a party to a Debt Purchase Transaction of the type referred to in paragraphs (b) or (c) of the definition of Debt Purchase Transaction. APJ/MSXM/076001.00588/80174749.8Page 84 Section – The Finance Parties
Restriction on Debt Purchase Transactions. 25.1 No Obligor shall enter into any Debt Purchase Transaction, and the Cabot Parties shall procure that no member of the Cabot Group enters into a Debt Purchase Transaction.
Restriction on Debt Purchase Transactions. 28.1 Prohibition on Debt Purchase Transactions by the Group
Restriction on Debt Purchase Transactions. 31.1 Prohibition on Debt Purchase Transactions by the Group
Restriction on Debt Purchase Transactions. (a) For so long as an Investor Affiliate (i) beneficially owns a Commitment or (ii) has entered into a Sub-Participation relating to a Commitment or other agreement or arrangement having a substantially similar economic effect and such agreement or arrangement has not been terminated:
(i) in ascertaining the Majority Lenders, Super Majority Lenders or whether any given percentage (including, for the avoidance of doubt, unanimity) of the Total Commitments has been obtained to approve any request for a consent, waiver, amendment or other vote under the Finance Documents such Commitment shall be deemed to be zero, save where the proposed amendment or waiver seeks to treat any Investor Affiliate (who is a Lender or a sub-participant of a Lender) differently from other Lenders); and
(ii) for the purposes of paragraph (i) above, such Investor Affiliate or the person with whom it has entered into such sub-participation, other agreement or arrangement shall be deemed not to be a Lender (unless in the case of a person not being an Investor Affiliate it is a Lender by virtue otherwise than by beneficially owning the relevant Commitment).
(b) Each Lender shall, unless such Debt Purchase Transaction is an assignment or transfer, promptly notify the Agent in writing if it knowingly enters into a Debt Purchase Transaction with an Investor Affiliate (a “Notifiable Debt Purchase Transaction”), such notification to be substantially in the form set out in Part 1 of Schedule 18 (Forms of Notifiable Debt Purchase Transaction Notice).
(c) A Lender shall promptly notify the Agent if a Notifiable Debt Purchase Transaction to which it is a party:
(i) is terminated; or
(ii) ceases to be with an Investor Affiliate, such notification to be substantially in the form set out in Part 2 of Schedule 18 (Forms of Notifiable Debt Purchase Transaction Notice).
(d) Each Investor Affiliate that is a Lender agrees that:
(i) in relation to any meeting or conference call to which all the Lenders are invited to attend or participate, it shall not attend or participate in the same if so requested by the Agent or, unless the Agent otherwise agrees, be entitled to receive the agenda or any minutes of the same; and
(ii) in its capacity as Lender, unless the Agent otherwise agrees, it shall not be entitled to receive any report or other document prepared at the behest of, or on the instructions of, the Agent or one or more of the Lenders.
(e) Nothing in this Clause 39.7 shall apply to a Dedicated Enti...
Restriction on Debt Purchase Transactions. 0081727-0000042 SN:12155633.21 141
Restriction on Debt Purchase Transactions. 101 28. Role of the Agent and the Arranger ............................................................................................. 101 29. Conduct of Business by the Finance Parties ................................................................................ 109 30. Sharing among the Finance Parties .............................................................................................. 110 31. Payment Mechanics ..................................................................................................................... 111 32. Set-Off ......................................................................................................................................... 114 33. Notices ......................................................................................................................................... 115 34.
Restriction on Debt Purchase Transactions. The Borrower shall not, and shall procure that and each other member of the Group shall not, enter into any Debt Purchase Transaction or beneficially own all or any part of the share capital of a company that is the Lender or a party to a Debt Purchase Transaction.
Restriction on Debt Purchase Transactions. The Parent and the Borrower shall not, and shall procure that each member of the Group, each Unrestricted Subsidiary and each Sponsor Affiliate shall not, enter into any Debt Purchase Transaction or beneficially own all or any part of the share capital of a company that is a Lender or a party to a Debt Purchase Transaction of the type referred to in paragraph (b) or (c) of the definition of “Debt Purchase Transaction”.
