Common use of Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries Clause in Contracts

Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. Holdings shall not, and shall not cause or permit any of its Restricted Subsidiaries to, directly or indirectly, create or otherwise cause or permit to exist or become effective any encumbrance or restriction on the ability of any Restricted Subsidiary to (a) pay dividends or make any other distributions on or in respect of its Capital Stock; (b) make loans or advances or to pay any Indebtedness or other obligation owed to Holdings or any other Restricted Subsidiary; or (c) transfer any of its property or assets to Holdings or any other Restricted Subsidiary, except for such encumbrances or restrictions existing under or by reason of: (1) applicable law; (2) the Indentures;

Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. Holdings The Company shall not, and shall not cause or permit any of its Restricted Subsidiaries to, directly or indirectly, create or otherwise cause or permit to exist or become effective any encumbrance or restriction on the ability of any Restricted Subsidiary to (a) pay dividends or make any other distributions on or in respect of its Capital Stock; (b) make loans or advances or to pay any Indebtedness or other obligation owed to Holdings the Company or any other Restricted Subsidiary; or (c) transfer any of its property or assets to Holdings the Company or any other Restricted Subsidiary, except for such encumbrances or restrictions existing under or by reason of: (1) applicable law; (2) the Indentures;

Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. Holdings The Company shall not, and shall not cause or permit any of its Restricted Subsidiaries to, directly or indirectly, create or otherwise cause or permit to exist or become effective any encumbrance or restriction on the ability of any Restricted Subsidiary to (a) pay dividends or make any other distributions on or in respect of its Capital Stock; (b) make loans or advances or to pay any Indebtedness or other obligation owed to Holdings the Company or to any other Restricted SubsidiarySubsidiary of the Company; or (c) transfer any of its property or assets to Holdings the Company or to any other Restricted Subsidiary, except for Subsidiary of the Company (each such encumbrances encumbrance or restrictions existing under or by reason of: restriction in clause (1) applicable law; (2) the Indentures;a),

Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. Holdings The Company shall not, and shall not cause or permit any of its Restricted Subsidiaries to, directly or indirectly, create or otherwise cause or permit to exist or become effective any encumbrance or restriction on the ability of any Restricted Subsidiary of the Company to (a) pay dividends or make any other distributions on or in respect of its Capital Stock; (b) make loans or advances or to pay any Indebtedness or other obligation owed to Holdings the Company or any other Restricted SubsidiarySubsidiary of the Company; or (c) transfer any of its property or assets to Holdings the Company or any other Restricted SubsidiarySubsidiary of the Company, except for such encumbrances -encumbrances or restrictions existing under or by reason of: (1) applicable law; (2) the Indenturesthis Indenture; (3) any Credit Agreement;

Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. Holdings The Company shall not, and shall not cause or permit any of its Restricted Subsidiaries to, directly or indirectly, create or otherwise cause or permit to exist or become effective any encumbrance or restriction on the ability of any Restricted Subsidiary of the Company to (a) pay dividends or make any other distributions on or in respect of its Capital Stock; (b) make loans or advances or to pay any Indebtedness or other obligation owed to Holdings the Company or any other Restricted SubsidiarySubsidiary of the Company; or (c) transfer any of its property or assets to Holdings the Company or any other Restricted SubsidiarySubsidiary of the Company, except for such encumbrances or restrictions existing under or by reason of: (1) applicable law; (2) the Indenturesthis Indenture; (3) any Credit Agreement;