Common use of Restrictions on Subsidiaries Clause in Contracts

Restrictions on Subsidiaries. Except for restrictions contained in this Agreement or restrictions permitted under Section 9.16 hereof, there are no contractual or consensual restrictions on Borrower or any of its Subsidiaries which prohibit or otherwise restrict (a) the transfer of cash or other assets (i) between Borrower and any of its Subsidiaries or (ii) between any Subsidiaries of Borrower or (b) the ability of Borrower or any of its Subsidiaries to incur Indebtedness or grant security interests to Agent or any Lender in the Collateral.

Restrictions on Subsidiaries. Except for restrictions contained in this Agreement or restrictions any other agreement with respect to Indebtedness of any Borrower or Guarantor permitted under Section 9.16 hereunder as in effect on the date hereof, there are no contractual or consensual restrictions on any Borrower or any of its Subsidiaries Guarantor which prohibit or otherwise restrict (a) the transfer of cash or other assets (i) between Borrower and any of its Subsidiaries or (ii) between any Subsidiaries of Borrower or Guarantor or (b) the ability of any Borrower or any of its Subsidiaries Guarantor to incur Indebtedness or grant security interests to Agent or any Lender in the Collateral.

Restrictions on Subsidiaries. Except for restrictions contained in this Agreement or restrictions permitted under Section 9.16 hereofthe Credit Documents, as of the Effective Date there are no contractual or consensual restrictions on the Borrower or any of its Subsidiaries which prohibit or otherwise restrict (ai) the transfer of cash or other assets (ix) between the Borrower and any of its Subsidiaries or (iiy) between any Subsidiaries of the Borrower or (bii) the ability of the Borrower or any of its Subsidiaries to incur Indebtedness or grant security interests to Agent or any Lender the Banks in the Collateraltheir respective assets.

Restrictions on Subsidiaries. Except for restrictions contained in this Agreement or restrictions any other agreement with respect to Indebtedness of any Borrower or Guarantor permitted under Section 9.16 hereunder as in effect on the date hereof, there are no contractual or consensual restrictions on any Borrower or any of its Subsidiaries Guarantor which prohibit or otherwise restrict (a) the transfer of cash or other assets (i) between any Borrower and any of its Subsidiaries or (ii) between any Subsidiaries of Borrower Guarantor or (b) the ability of any Borrower or any of its Subsidiaries Guarantor to incur Indebtedness or grant security interests to Agent or any Lender in the Collateral.

Restrictions on Subsidiaries. Except for restrictions contained as set forth in this Agreement or restrictions permitted under Section 9.16 hereofAgreement, there are no contractual or consensual restrictions on the Borrower or any of its Subsidiaries (other than Excluded Subsidiaries) which prohibit or otherwise restrict (a) the transfer of cash or other assets (ix) between the Borrower and any of its Subsidiaries or (iiy) between any of the Borrower's Subsidiaries, other than applicable restrictions of law imposed on Subsidiaries of Borrower or (b) by the ability of Borrower or any of its jurisdictions in which such Subsidiaries to incur Indebtedness or grant security interests to Agent or any Lender in the Collateralare incorporated.