Common use of Restrictions on Subsidiary Dividends Clause in Contracts

Restrictions on Subsidiary Dividends. The Borrower will not permit any of its Subsidiaries to enter into any agreement prohibiting or restricting the declaration or payment of cash dividends or other payments by such Subsidiary in respect of Securities of such Subsidiaries to, or the making of loans, advances to, or other Investments by such Subsidiary in, the Borrower.

Restrictions on Subsidiary Dividends. The Borrower will not not, nor will it permit any of its Subsidiaries Significant Subsidiary to, be a party to enter into any agreement prohibiting or restricting the declaration or payment of cash dividends or other payments by such Subsidiary in respect of Securities ability of such Subsidiaries to, Significant Subsidiary to declare or the making of loans, advances to, or other Investments by such Subsidiary in, pay dividends to the Borrower.

Restrictions on Subsidiary Dividends. The U.S. Borrower will not and will not permit any of its Subsidiaries Subsidiary to enter into any agreement prohibiting or restricting contract which limits or restricts in any way the declaration or payment of cash any dividends or other payments distributions by any Subsidiary of either Borrower to such Borrower or to another Subsidiary in respect of Securities of such Subsidiaries to, or the making of loans, advances to, or other Investments by such Subsidiary in, the Borrower.

Restrictions on Subsidiary Dividends. The U.S. Borrower will not and will not permit any of its Subsidiaries consolidated Subsidiary to enter into any agreement prohibiting or restricting contract which limits or restricts in any way the declaration or payment of cash any dividends or other payments distributions by any consolidated Subsidiary of either Borrower to such Borrower or to another consolidated Subsidiary in respect of Securities of such Subsidiaries to, or the making of loans, advances to, or other Investments by such Subsidiary in, the Borrower.