Restriction on Distributions. Borrower will not make dividend distributions to its shareholders at any time when there exists an outstanding balance on the Loan.
Appears in 3 contracts
Samples: Credit Agreement (Crescent Operating Inc), Credit Agreement (Crescent Operating Inc), Credit Agreement (Crescent Operating Inc)
Restriction on Distributions. The Borrower will not make dividend distributions to its shareholders at any time when there exists an outstanding balance on the Loan.
Appears in 3 contracts
Samples: Credit Agreement (Crescent Operating Inc), Credit Agreement (Crescent Operating Inc), Credit Agreement (Crescent Operating Inc)
Restriction on Distributions. The Borrower will shall not make dividend distributions to its shareholders at any time when there exists an outstanding balance on the Loan.
Appears in 1 contract
Samples: Credit and Security Agreement (Crescent Operating Inc)
