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

Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. The Company will not, and will 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 (other than dividends or distributions in respect to the common Equity Interest in Holdings LLC); (b) make loans or advances, or pay any Indebtedness or other obligation owed to the Company or any other Restricted Subsidiary of the Company; or (c) transfer any of its property or assets to the Company or any other Restricted Subsidiary, except for such encumbrances or restrictions existing under or by reason of: (1) applicable law; (2) this Indenture;

Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. The Neither the Company will not, and will not cause or permit nor any of its Restricted Subsidiaries towill, directly or indirectly, create or otherwise cause or to permit to exist or become effective effective, by operation of the charter of such Subsidiary or by reason of any agreement, instrument, judgment, decree, rule, order, statute or governmental regulation, any encumbrance or restriction on the ability of any Restricted Subsidiary of the Company to: to (a) pay dividends or make any other distributions on or in respect of its Capital Stock (other than dividends or distributions in respect to the common Equity Interest in Holdings LLC)Stock; (b) make loans or advances, advances or pay any Indebtedness or other obligation owed to the Company or any other Restricted Subsidiary of the Companyits Subsidiaries; or (c) transfer any of its property or assets to the Company or any other Restricted SubsidiaryCompany, except for such encumbrances or restrictions existing under or by reason of: (1) applicable law; (2) this the Indenture;

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

Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. The Neither the Company will not, and will not cause or permit nor any of its Restricted Subsidiaries towill, directly or indirectly, create or otherwise cause or to permit to exist or become effective effective, by operation of the charter of such Subsidiary or by reason of any agreement, instrument, judgment, decree, rule, order, statute or governmental regulation, any encumbrance or restriction on the ability of any Restricted Subsidiary of the Company to: to (a) pay dividends or make any other distributions on or in respect of its Capital Stock (other than dividends or distributions in respect to the common Equity Interest in Holdings LLC)Stock; (b) make loans or advances, advances or pay any Indebtedness or other obligation owed to the Company or any other Restricted Subsidiary of the Companyits Subsidiaries; or (c) transfer any of its property or assets to the Company or any other Restricted SubsidiaryCompany, except for such encumbrances or restrictions existing under or by reason of: (1) applicable law; (2) this Indenture;

Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries. The Neither the Company will not, and will not cause or permit nor any of its Restricted Subsidiaries towill, directly or indirectly, create or otherwise cause or permit or suffer to exist or become effective any encumbrance or restriction on the ability of any Restricted Subsidiary of the Company to: to (a) pay dividends or make any other distributions to the Company or to any Restricted Subsidiary (i) on or in respect of its Capital Stock or (other than dividends or distributions in ii) with respect to the common Equity Interest in Holdings LLC)any other interest or participation in, or measured by, its profits; (b) make loans or advances, advances or pay any Indebtedness or other obligation owed to the Company or to any other Restricted Subsidiary of the CompanySubsidiary; or (c) sell, lease or transfer any of its property or assets Property to the Company or to any other Restricted Subsidiary, except for such encumbrances or restrictions existing under or by reason of: (1) applicable law; (2) this Indenture;