Common use of Restriction on Distributions Clause in Contracts

Restriction on Distributions. a. Borrower shall not make any Distributions during any period in which a Default or Event of Default has occurred and remains continuing; and

Restriction on Distributions. a. The Borrower Consolidation shall not make any Distributions during any period in which a Default or Event of Default has occurred and remains continuing; and

Restriction on Distributions. a. Borrower shall not make any Distributions during any period in which a Default or Event of Default has occurred and remains continuingcontinuing or which would result in a Default or Event of Default hereunder; and