Common use of Restrictions Affecting Subsidiaries Clause in Contracts

Restrictions Affecting Subsidiaries. Enter into with any Person, or suffer to exist any agreement which prohibits or limits the ability of the Borrower or any of its Subsidiaries to (a) create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired, other than (i) this Agreement, (ii) any industrial revenue bonds, purchase money mortgages or Financing Leases or any other agreement or transaction permitted by this Agreement (in which cases, any prohibition or limitation shall only be effective against the assets financed thereby), (iii) as required pursuant to financing arrangements entered into by Triad Systems Ireland Limited with the Industrial Development Authority of Ireland as in effect on the date hereof or such other similar financing arrangements entered into in furtherance of the development of CCHC and its Subsidiaries' business outside of the United States provided that the aggregate amount of assets of CCHC or any Subsidiary of CCHC subject to such restrictions shall not exceed 5% of Consolidated Assets and (iv) restrictions with respect to maintaining the special purpose entity treatment of FinanceCo or (b) pay dividends or make other distributions or pay any Indebtedness owed to the Borrower or any of its Subsidiaries except as permitted by this Agreement and the other Loan Documents, as required pursuant to financing arrangements entered into by Triad Systems Ireland Limited with the Industrial Development Authority of Ireland as in effect on the date hereof or such other similar financing arrangements entered into in furtherance of the development of CCHC and its Subsidiaries' business outside of the United States provided that the aggregate amount of assets of CCHC or any Subsidiary of CCHC subject to such restrictions shall not exceed 5% of Consolidated Assets, and pursuant to restrictions imposed with respect to maintaining the special purpose entity treatment of FinanceCo.

Restrictions Affecting Subsidiaries. Enter into with any Person, or suffer to exist any agreement which prohibits or limits the ability of the Borrower or any of its Subsidiaries to (a) create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired, other than (i) this Agreement, (ii) any industrial revenue bonds, purchase money mortgages or Financing Leases or any other agreement or transaction permitted by this Agreement (in which cases, any prohibition or limitation shall only be effective against the assets financed thereby), (iii) as required pursuant to financing arrangements entered into by Triad Systems Ireland Limited with the Industrial Development Authority of Ireland as in effect on the date hereof or such other similar financing arrangements entered into in furtherance of the development of CCHC CCI and its Subsidiaries' business outside of the United States provided that the aggregate amount of assets of CCHC CCI or any Subsidiary of CCHC CCI subject to such restrictions shall not exceed 5% of Consolidated Assets and (iv) restrictions with respect to maintaining the special purpose entity treatment of FinanceCo or (b) pay dividends or make other distributions or pay any Indebtedness owed to the Borrower or any of its Subsidiaries except as permitted by this Agreement and the other Loan Documents, as required pursuant to financing arrangements entered into by Triad Systems Ireland Limited with the Industrial Development Authority of Ireland as in effect on the date hereof or such other similar financing arrangements entered into in furtherance of the development of CCHC CCI and its Subsidiaries' business outside of the United States provided that the aggregate amount of assets of CCHC CCI or any Subsidiary of CCHC CCI subject to such restrictions shall not exceed 5% of Consolidated Assets, and pursuant to restrictions imposed with respect to maintaining the special purpose entity treatment of FinanceCo.

Restrictions Affecting Subsidiaries. Enter into with any Person, or suffer to exist exist, any agreement which prohibits or limits the ability of the Borrower or any of its Subsidiaries to (a) create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired, other than (i) this Agreement, (ii) any industrial revenue bonds, purchase money mortgages or Financing Leases or any other agreement or transaction permitted by this Agreement (in which cases, any prohibition or limitation shall only be effective against the assets financed thereby), (iii) as required pursuant to financing arrangements entered into by Triad Systems Ireland Limited with the Industrial Development Authority of Ireland as in effect on the date hereof or such other similar financing arrangements entered into in furtherance of the development of CCHC Holdings and its Subsidiaries' business outside of the United States States; provided that the aggregate amount of assets of CCHC Holdings or any Subsidiary of CCHC Holdings subject to such restrictions shall not exceed 5% of Consolidated Assets and Assets, (iv) restrictions with respect to maintaining the special purpose entity treatment of FinanceCo FinanceCo, and (v) the Bridge Financing and any Permitted Refinancing thereof and the Holdings Financing and any Permitted Refinancing thereof, or (b) pay dividends or make other distributions or pay any Indebtedness owed to the Borrower or any of its Subsidiaries except as permitted by this Agreement and the other Loan Documents, Documents or as required pursuant to financing arrangements entered into by Triad Systems Ireland Limited with the Industrial Development Authority of Ireland as in effect on the date hereof or such other similar financing arrangements entered into in furtherance of the development of CCHC Holdings and its Subsidiaries' business outside of the United States States; provided that the aggregate amount of assets of CCHC Holdings or any Subsidiary of CCHC Holdings subject to such restrictions shall not exceed 5% of Consolidated Assets, and pursuant to restrictions imposed with respect to maintaining the special purpose entity treatment of FinanceCo.