Restrictions on Transactions Sample Clauses
Restrictions on Transactions. The following matters may not be dealt with by the services and transactions mentioned above. Matters not provided for below may also be restricted upon addition or change in the services or transactions handled. In such case, notice thereof shall be made in accordance with the method designated by the Bank.
(i) Cancellation of the Book-entry Transfer Account or the Custody Account;
(ii) Transfers of beneficial interests, Delivery and redelivery of the beneficiary certificates;
(iii) Preferential treatment on switching upon redemption;
(iv) Application for acquisition;
(v) Acceptance of application for non-taxable savings concerning the tax-free system (Maru-Yu System) for interest income from small-sum savings owned by elderly people and others;
(vi) Pledging on the beneficial interests etc.; and
(vii) Special cancellation.
Restrictions on Transactions. Notwithstanding anything to the contrary contained in this Section 8, on and after the Amendment No.2 Effective Date the Borrower shall not, and shall not permit any other Group Member to, incur any Indebtedness (including through an exchange offer or refinancing), make any Investment, incur any Lien, sell, transfer or dispose of any of its property, make any Restricted Payment, prepay, redeem, purchase, defease or otherwise satisfy any Subordinated Debt or Subordinated Refinancing Indebtedness, enter into any transaction described in Section 8.7, or enter into any transaction with any Affiliate other than the following:
(i) Indebtedness permitted by Section 8.1(e) or Section 8.1(l) in each case, in the ordinary course of business and necessary for the conduct of the operations of Dayton Superior Canada Ltd., Section 8.1(a), Section 8.1(i), Section 8.1(n) or Section 8.1(o),
(ii) Liens permitted by Section 8.2(a), Section 8.2(b) or Section 8.2(g),
(iii) Investments permitted by Section 8.3(b) or Section 8.3(c), Investments in Dayton Superior Canada Ltd. permitted by Section 8.3(e)(iii) in the ordinary course of business and necessary for the conduct of the operations of Dayton Superior Canada Ltd., or Investments permitted by Section 8.3(f), Section 8.3(g) or Section 8.3(i) in the case of sales of property permitted by Section 8.4(a)(i), (iv) sales of property permitted by Section 8.4, other than Section 8.4(e),
Restrictions on Transactions. BWF shall engage only in those transactions described in its certificate of organization and operating agreement and matters necessarily incident thereto.
Restrictions on Transactions. Outside Ordinary Course of Business; Monitoring of Mesa and the Mesa Project
14.1 From the date of this Agreement, none of the WWE Parties shall do any of the following restricted actions respecting the Mesa Shares or the Mesa Project until the earlier of (a) Shareholder Rejection or (b) PHUS has either received the Settlement Amount, as provided in this Agreement or has received the Mesa Shares from the Transaction Agent in full satisfaction of the Loan and assumed control over and possession of the Mesa Project; provided, however, that the restrictions shall not apply to any of the following that is part a transaction or series of transactions that is/are closed and funded through an escrow handled by the Transaction Agent and can only close upon the payment to PHUS of the Settlement Amount:
(a) Make or assume any payment, commitment, obligation or liability which is outside the ordinary course of business, including but not limited to any bankruptcy or insolvency filing in any jurisdiction; provided, however, that Mesa shall be allowed to negotiate and sign a new power purchase agreement and/or interconnection agreement with an unrelated third party on terms equal to or better than current terms in effect for the Mesa Project.
(b) Cease to operate its properties.
(c) Sell or otherwise in any way alienate or dispose of any assets other than in the ordinary course of business, other than the disposal of inoperable or poorly operating turbines.
(d) Grant or permit any encumbrances, liens, security interests, or other title defects to attach to any portion of the Mesa Project.
(e) Transfer to any person or entity any rights to the assets comprising any portion of the Mesa Project.
(f) Terminate, enter into, amend or otherwise modify, or knowingly cause a modification of any contract, permit, or other right or interest relating to the Mesa Project outside of the ordinary course of Mesa’s business, other than taking out of service or disposing of inoperable or poorly operating turbines; provided, however, that Mesa shall be allowed to negotiate and sign a new power purchase agreement and/or interconnection agreement with an unrelated third party on terms equal to or better than current terms in effect for the Mesa Project.
(g) Grant or enter into any stock warrants, stock options, or other agreements to sell or encumber any portion of the Mesa Shares.
(h) Issue any additional equity interests of any kind in Mesa.
(i) Fail to require and obtain monthly operati...
Restrictions on Transactions. You warrant to Us that You will: (a) only process Transactions which are legal; (b) only process Transactions by Customers who are lawfully and voluntarily Authenticating their identity and who are not otherwise acting under any coercion or duress; and (c) include all applicable taxes in the total amount of the Transaction. For the purposes of the Agreement, the “Value” of a Transaction will be the total amount for the goods purchased by the Customer plus applicable sales taxes and tips.
Restrictions on Transactions. The Borrower shall engage only in those transactions described in its certificate of organization and operating agreement and matters necessarily incident thereto.
Restrictions on Transactions with Affiliates -------------------------------------------- and Unrestricted Subsidiaries. -----------------------------
(a) The Company shall not, and shall not permit any of its Subsidiaries or its Non-Affiliate Joint Ventures to, enter into any transaction or series of related transactions with any Affiliate or Unrestricted Subsidiary of the Company, unless:
(i) the terms thereof are no less favorable to the Company, such Subsidiary or such Non-Affiliate Joint Venture, as the case may be, than those that could reasonably be expected to be obtained in a comparable transaction with an unrelated Person,
(ii) such transaction or series of related transactions shall have been approved as meeting such standard, in good faith, by a majority of the independent members of the Board of Directors of the Company evidenced by a Board Resolution and
(iii) if the amount of such transaction or the aggregate amount of such series of related transactions is greater than $10,000,000 (which amount shall be calculated excluding the amount of Principal Products transferred to or from an Unrestricted Subsidiary in accordance with the proviso at the end of this clause (iii)), the Company, such Subsidiary and/or such Non-Affiliate Joint Venture, as the case may be, shall have received an opinion that such transaction or series of related transactions is fair to the Company, such Subsidiary and/or such Non-Affiliate Joint Venture, as the case may be, from a financial point of view, from an independent investment banking firm of national standing selected by the Company, provided that, in the case of this clause (iii), the Company, such Subsidiary and/or such Non-Affiliate Joint Venture shall not be required to procure any such opinion to the extent that such transaction involves the purchase or sale for cash of Principal Products from or to an Unrestricted Subsidiary (which Principal Products are used by the purchaser thereof in its operations in the ordinary course of business). The Company shall deliver to the Trustee, within 60 days after the end of each fiscal quarter of the Company, an Officers' Certificate which (x) shall specify the aggregate dollar amount of transactions (other than transactions referred to in Section 4.08(b) or in the proviso at the end of clause (iii) of this Section 4.08(a)) with Affiliates or Unrestricted Subsidiaries of the Company occurring during such fiscal quarter, and (y) with respect to any transaction with an Affiliate or Unrestricted Subsid...
Restrictions on Transactions. Purchasers shall not convert any shares of 1999-C Preferred Stock and shall not sell any shares of the Company's Common Stock until August 14, 1999.
Restrictions on Transactions. The Issuer shall engage only in those transactions described in its certificate of organization and operating agreement and matters necessarily incident thereto.
Restrictions on Transactions. The Company agrees that the Lender may delay, block or refuse to process any transaction required by or in connection with this Agreement (“Transaction”) without incurring any liability if the Lender has fair reason to suspect that:
(a) the Transaction may breach any applicable laws or regulations;
(b) the Transaction involves any person (natural, corporate or governmental) that is itself subject to any applicable sanction imposed by the United Nations or any relevant country or is connected, directly or indirectly, to any person that is subject to such sanction; or
(c) the Transaction may directly or indirectly involve the proceeds of, or be applied for the purposes of, any unlawful conduct.