Contractual Restrictions definition

Contractual Restrictions mean Contractual Obligations of the Borrower or any of its Subsidiaries limiting or restricting any of the following activities of the Borrower or any of its Subsidiaries: (a) Restricted Payments, (b) the repayment or prepayment of intercompany notes or other intercompany obligations or reimbursements of management and other intercompany charges, expenses or accruals or other returns on investment, (c) Disposition, (d) Debt Incurrence, (e) Equity Issuance or (f) activities related to the foregoing.
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Contractual Restrictions means any provision of any agreement which is enforceable by the Company against the Purchaser (which restrictions have not been waived by the Company). For the avoidance of doubt, this Section 5.5(b) shall not impose upon the Company any obligation to register shares of its Common Stock in addition to or different from the provisions of any registration rights agreement. The provisions of this Section 5.5(b) shall be inapplicable to any acquisition of securities of the Company by the Purchaser or a Purchaser Affiliate if such acquisition causes the Purchaser's beneficial ownership of the Company to equal or exceed [**]% of the outstanding shares of Common Stock (calculated consistent with Section 5.5(a)(ii) of this Agreement) or to equal or exceed [**]% of the Voting Interest of the Company (a "[**]% Acquisition").
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Contractual Restrictions mean Contractual Obligations of the Borrower or any Collateral Party (or any Subsidiary of a Collateral Party) limiting or restricting any of the following activities of the Borrower or any Collateral Party (or any Subsidiary of a Collateral Party): (a) Restricted Payments, (b) the repayment or prepayment of intercompany notes or other intercompany obligations or reimbursements of management and other intercompany charges, expenses or accruals or other returns on investment, (c) disposition of assets, (d) incurrence of Indebtedness, (e) issuance of equity or (f) activities related to the foregoing.
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Examples of Contractual Restrictions in a sentence

  • The Borrower or any of its Subsidiaries (a) shall suffer to exist any Contractual Restrictions binding upon the Borrower or any of its Subsidiaries or their respective property after the Effective Date other than Permitted Contractual Restrictions or (b) fail to take all actions necessary to make the necessary changes to the Loan Documents as required in the Fee Letter.

  • Subject only to Contractual Restrictions, Licensor agrees herein to provide SPWA with any and all extra footage and special feature material (collectively, “Special Feature Material”) that Licensor will deliver or make available to any other third party distributors of the Picture at no cost or expense to SPWA (although SPWA shall pay all costs and expenses of prints placed with any laboratory with respect to such Special Feature Material).

  • Upon the execution and delivery hereof, all of the certificates evidencing the shares of the Company's capital stock beneficially owned by the Executive (other than one or more certificates evidencing an aggregate of up to 1,000,000 shares) shall also contain a restrictive legend giving notice that such shares are subject to the provisions of this Agreement (the "Contractual Restrictions").

  • The certificate representing the Remaining Series F Shares described in Section 3(b) hereof shall bear only the Contractual Restrictions Legend if the Legal Opinion shall have been delivered to the Company at least one Business Day prior to the Pre-Closing and the Seller shall request that the certificate be so prepared.

  • Shares issued in settlement of the Units shall not be subject to any restriction on transfer other than any such restriction as may be required pursuant to Section 6.3, Section 7, the ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Policies and any Contractual Restrictions.

  • Subject to Contractual Restrictions, SPWA shall have the sole and exclusive right to advertise, publicize, promote and market the Picture by any means in the Territory and over the Internet; provided, such Internet rights shall be non- exclusive.

  • The Company shall cause to be in effect Letters of Credit or availability under the Foreign Currency Revolving Loan Commitment in an aggregate principal amount equal to the outstanding principal amount of all outstanding Indebtedness set forth in Item 6.2 ("Contractual Restrictions") of the Disclosure Schedule as to which any default or event of default exists on the Closing Date.

  • NEGATIVE COVENANTS 8.01 Liens 117 8.02 Investments 119 8.03 Indebtedness 120 8.04 Fundamental Changes 122 8.05 Dispositions 122 8.06 Restricted Payments 124 8.07 Change in Nature of Business 126 8.08 Transactions with Affiliates 126 8.09 Negative Pledges and Other Contractual Restrictions 126 8.10 Amendment of Material Documents 126 8.11 Financial Covenant 127 8.12 Change in Fiscal Year 127 8.13 Prohibition on Division 127 ARTICLE IX.

  • Each of the covenants contained in Section 5.12 (Limitation on Contractual Restrictions) and Section 5.13 (Transactions with Affiliates) of the Senior Secured Indenture shall apply mutatis mutandis to this Agreement and all capitalized terms used in those sections are hereby incorporated by reference, subject to clause (ii) below.