Examples of Restricted Payment Conditions in a sentence
Either Borrower makes any Restricted Payment in contravention of the Restricted Payment Conditions.
Make any Restricted Payment, unless each of the Restricted Payment Conditions is satisfied.
Make any Restricted Payment, unless each of the Restricted Payment Conditions are satisfied.
If the Depositary has received written notice that a Default or Event of Default exists, the Depositary shall be deemed to have received written notice from the Collateral Agent (given at the direction of the Required Holders) that the Restricted Payment Conditions are not met.
If the Restricted Payment Conditions have not been satisfied, all amounts remaining in Revenue Account after all payments in levels First through Ninth of Section 2.16(i) shall be deposited in the Distribution Suspense Account.