Common use of Agreements to Restrict Certain Transfers Clause in Contracts

Agreements to Restrict Certain Transfers. Enter into or suffer to exist, or permit any of its Subsidiaries to enter into or suffer to exist, any consensual encumbrance or restriction on its ability or the ability of any of its Subsidiaries (i) to pay, directly or indirectly, dividends or make any other distributions in respect of its capital stock or pay any Debt or other obligation owed to the Borrower or to any of its Subsidiaries; or (ii) to make loans or advances to the Borrower or any Subsidiary thereof, except (1) encumbrances and restrictions on any Subsidiary that is not a Material Subsidiary, (2) those encumbrances and restrictions existing on the date hereof, (3) other customary encumbrances and restrictions now or hereafter existing of the Borrower or any Subsidiary thereof entered into in the ordinary course of business that are not more restrictive in any material respect than the encumbrances and restrictions with respect to the Borrower or its Subsidiaries existing on the date hereof, (4) encumbrances or restrictions on any Subsidiary that is obligated to pay Non-Recourse Debt arising in connection with such Non-Recourse Debt, (5) encumbrances and restrictions on Williams Energy Partners L.P. and (6) encumbrances and rest▇▇▇▇▇▇▇▇ on any Subsidiary pursuant to the Barrett Loan Agreement.

Agreements to Restrict Certain Transfers. Enter The Company shall not enter into or suffer to exist, or permit any of its Subsidiaries to enter into or suffer to exist, any consensual encumbrance or restriction on its ability or the ability of any of its Subsidiaries (i) to pay, directly or indirectly, dividends or make any other distributions in respect of its capital stock or pay any Debt or other obligation owed to the Borrower Company or to any of its Subsidiaries; or (ii) to make loans or advances to the Borrower Company or any Subsidiary thereof, except (1) encumbrances and restrictions on any Subsidiary that is not a Material Subsidiary, (2) those encumbrances and restrictions existing on the date hereofJuly 31, 2002, (3) other customary encumbrances and restrictions now or hereafter existing of the Borrower Company or any Subsidiary thereof entered into in the ordinary course of business that are not more restrictive in any material respect than the encumbrances and restrictions with respect to the Borrower Company or its Subsidiaries existing on the date hereof, (4) encumbrances or restrictions on any Subsidiary that is obligated to pay Non-Recourse Debt arising in connection with such Non-Recourse Debt, (5) encumbrances and restrictions on Williams ▇▇▇▇▇▇▇▇ Energy Partners L.P. and (6) encumbrances and rest▇restrictions on any Subsidiary pursuant to the ▇▇▇▇▇▇▇ on any Subsidiary pursuant to the Barrett Loan Agreement." 2.14 Section 8.9 is hereby amended and restated in its entirety and replaced with the following: