Restrictive Provisions definition

Restrictive Provisions has the meaning set forth in Section 5.28(d).
Restrictive Provisions means the Non-Competition Provisions and the Non-Solicitation Provisions.
Restrictive Provisions means (a) any financial covenant set forth in Section 7.1, including any associated prepayment or similar obligations due to extensions of credit made on or after the Closing Date exceeding the Maximum Permitted Outstanding Amount (other than as a result of (i) a borrowing that, at the time incurred (other than on the Closing Date), exceeded the Maximum Permitted Outstanding Amount or (ii) an incurrence of Indebtedness or a sale or transfer of assets that, on a pro forma basis as of the date of such incurrence, sale or transfer, was not in compliance with Section 7.1 (each of which such matters shall be governed by the immediately following clause (b)) and (b) any other representation, covenant or event of default under the Loan Documents; provided that solely in the case of clause (b), the applicable default under such provision shall have occurred inadvertently and solely in the case of clause (b) (and with respect to item (i) below, clause (a)), such default would not (i) impair the enforceability of the Loan Documents, (ii) materially impair the ability of any Borrower to repay the obligations under the Loan Documents when due, (iii) materially diminish the credit quality of the Loan Parties or, taken as a whole, the Parent Borrower and its subsidiaries or (iv) materially impair the value of or benefit obtained from the Collateral from the perspective of the Lenders taken as a whole.

Examples of Restrictive Provisions in a sentence

  • The illuminated signage along Darlinghurst Road and the other streets is at variance with a number of Restrictive Provisions in the City of Sydney Signage and Advertising Development Control Plan (DCP).

  • Defendant Coffey contends that the Post-Employment Agreement was not supported by sufficient consideration and that the Restrictive Provisions relied upon by Plaintiffs therefore are not enforceable against him.

  • Restrictive Provisions: (i) The representatives of foreign law firms in China must be foreign attorneys in good standing and with more than three years of practice experience; (ii) The chief representative must be a partner in his/her law firm; (iii) The representatives must stay in China for more than 180 days each year.

  • The Specific, Restrictive Provisions of S.B. 824 Are Not Tailored to Prevent or Deter Voter Fraud 71 C.

  • Minimum Requirements; Most Restrictive Provisions Apply: All general provisions, terms, phrases and expressions contained in this code shall be held to be the minimum requirements adopted for the promotion of the public health, safety, comfort, convenience and general welfare.

  • Prohibition on Certain Restrictive Provisions and Covenants‌Pursuant to 12 CFR 5.47(d)(2), a subordinated debt note issued by a national bank must not include any provision or covenant that unduly limits the authority of a national bank or that interferes with the OCC’s supervision of a national bank.

  • In any other manner contrary to the provisions of this title.C. Most Restrictive Provisions Apply: Whenever the requirements of this title are at variance with the requirements of any other lawfully adopted rule, regulation, ordinance or resolution, the most restrictive, or that imposing higher standards, shall govern.

  • The Specific, Restrictive Provisions of S.B. 824 Are Not Tailored to Implement the Voter ID Constitutional Amendment 69 B.

  • The complainants argue that the Restrictive Provisions are contrary to the concept of a cultural state, which prescribes the principle of impartiality that prevents any preference or favorable treatment for certain cultural phenomena.

  • By the Spring of 2007, Mr. Crink determined that, rather than litigate, he would wait until the Restrictive Provisions ended in November of 2007 to find a new position in the furniture industry.When the Restrictive Provisions expired in November of 2007, Mr. Crink identified a position with PeopLoungers LLC, a furniture manufacturing company based in Tupelo, Mississippi.


More Definitions of Restrictive Provisions

Restrictive Provisions means any provisions in the Contracts to which a Group Company is a party that restricts the ability of any Group Company or any other Person to conduct or engage in any business or activity with Alibaba or any of its Affiliates.
Restrictive Provisions means any provisions in the Incumbent’s
Restrictive Provisions. : means (a) any financial covenant set forth in Section 7.1, including any associated prepayment or similar obligations due to extensions of credit made on or after the Closing Date exceeding the Maximum Permitted Outstanding Amount (other than as a result of (i) a borrowing that, at the time incurred (other than on the Closing Date), exceeded the Maximum Permitted Outstanding Amount or (ii) an incurrence of Indebtedness or a sale or transfer of assets that, on a pro forma basis as of the date of such incurrence, sale or transfer, was not in compliance with Section 7.1 (each of which such matters shall be governed by the immediately following clause (b)) and (b) any other representation, covenant or event of default under the Loan Documents; provided that solely in the case of clause (b), the applicable default under such provision shall have occurred inadvertently and solely in the case of clause (b) (and with respect to item (i) below, clause (a)), such default would not (i) impair the enforceability of the Loan Documents,
Restrictive Provisions means the provisions of Section 7.01 or any other provision restricting the sale, pledge or right to dispose of assets in the Loan Documents or any other restriction contained in any agreement or instrument between the Borrower and any Lender or Affiliate of any Lender relating to Indebtedness and within the scope of Section 8.01(e).

Related to Restrictive Provisions

  • restrictive practice means forming a cartel or arriving at any understanding or arrangement among Bidders with the objective of restricting or manipulating a full and fair competition in the Bidding Process.

  • Restrictions means the restrictions on sale or other transfer set forth in Section 4.2 and the exposure to forfeiture set forth in Section 3.1.

  • Standard Terms and Conditions or “Standard Terms” means these terms and conditions for the grant of the Loan to the Borrower by ABFL.