Common use of Restrictions on Subsidiary Distributions Clause in Contracts

Restrictions on Subsidiary Distributions. Except as provided herein or in any other Loan Document, any document with respect to any Incremental Equivalent Debt and/or in agreements with respect to refinancings, renewals or replacements of such Indebtedness that are permitted by Section 6.01, the Borrowers shall not, nor shall they permit any of their Restricted Subsidiaries to, enter into or cause to exist any agreement restricting the ability of (i) any subsidiary of the Borrowers to pay dividends or other distributions to the Borrowers or any Loan Party or (ii) any Restricted Subsidiary to make Cash loans or advances to the Borrowers or any Loan Party, except:

Appears in 5 contracts

Samples: Credit Agreement (SB/RH Holdings, LLC), Credit Agreement (SB/RH Holdings, LLC), Credit Agreement (SB/RH Holdings, LLC)

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Restrictions on Subsidiary Distributions. Except as provided herein or in any other Loan Document, any ABL Facility, any document with respect to any Incremental Equivalent Debt Debt, and/or in agreements with respect to refinancings, renewals or replacements of such Indebtedness that are permitted by Section 6.01, the Borrowers Borrower shall not, nor shall they it permit any of their its Restricted Subsidiaries to, enter into or cause to exist any agreement restricting the ability payment of (i) any subsidiary of the Borrowers to pay dividends or other distributions to or the Borrowers making of cash loans or any Loan Party or (ii) advances by any Restricted Subsidiary to make Cash loans or advances to the Borrowers or any Loan Party, exceptexcept restrictions:

Appears in 3 contracts

Samples: Term Loan Agreement (Daseke, Inc.), Term Loan Agreement (Daseke, Inc.), Term Loan Agreement (Daseke, Inc.)

Restrictions on Subsidiary Distributions. Except as provided herein or in any other Loan Document, any document with respect to any Incremental Equivalent Debt and/or in agreements with respect to refinancings, renewals or replacements of such Indebtedness that are permitted by Section 6.01, the Borrowers Borrower shall not, nor shall they it permit any of their its Restricted Subsidiaries to, enter into or cause to exist any agreement restricting the ability of (i) any subsidiary of the Borrowers Borrower to pay dividends or other distributions to the Borrowers Borrower or any Loan Party or (ii) any Restricted Subsidiary to make Cash cash loans or advances to the Borrowers Borrower or any Loan Party, except:

Appears in 2 contracts

Samples: Credit Agreement (Wanda Sports Group Co LTD), Credit Agreement (Wanda Sports Group Co LTD)

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Restrictions on Subsidiary Distributions. Except as provided herein or in any other Loan Document, the Revolving Credit Agreement (or any document documentation with respect to any Incremental Equivalent Debt and/or Revolving Facility) or the documentation with respect to any Second Lien Facility or, in each case, in any agreements with respect to refinancings, renewals or replacements of such Indebtedness that are permitted by Section 6.01, the Borrowers Borrower shall not, nor shall they it permit any of their Restricted its Subsidiaries to, to enter into or cause to exist any agreement restricting the ability payment of (i) any subsidiary of the Borrowers to pay dividends or other distributions to or the Borrowers or any Loan Party or (ii) any Restricted Subsidiary to make making of Cash loans or advances by any Subsidiary to the Borrowers Borrower or any other Loan PartyParty that is a Subsidiary of the Borrower, except:

Appears in 1 contract

Samples: Assignment and Assumption (Interline Brands, Inc./De)

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