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Common use of Dividend and Other Payment Restrictions Clause in Contracts

Dividend and Other Payment Restrictions. Permit any of its Subsidiaries to create or enter into any restriction on their ability to pay dividends or make other distributions with respect to its Equity Interests.

Appears in 2 contracts

Sources: Credit Agreement (Macquarie Infrastructure CO Trust), Credit Agreement (Macquarie Infrastructure CO Trust)

Related Clauses

  • Dividend and Other Payment Restrictions Affecting Subsidiaries
  • Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries
  • Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries
  • Limitations on Dividends and Other Payment Restrictions Affecting Subsidiaries
  • Limitation on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries

Parent Clauses

  • Issuance of Additional Notes
  • Covenants of the Borrower
  • Negative Covenants
  • General Provisions
  • Special Undertakings
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