Limitation on Dividends and Other Payment Restrictions Affecting Restricted Subsidiaries. The Issuer shall not, and shall not permit any Restricted Subsidiary to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any encumbrance or restriction of any kind on the ability of any Restricted Subsidiary to (a) pay dividends, in cash or otherwise, or make any other distributions on or in respect of its Capital Stock, (b) pay any Indebtedness owed to the Issuer or any other Subsidiary, (c) make investments, loans or advances to the Issuer or any other Subsidiary, (d) transfer any of its properties or assets to the Issuer or any other Subsidiary or (e) guarantee any Indebtedness of the Issuer or any other Subsidiary.
Appears in 1 contract
Sources: Second Supplemental Indenture (Chelsea Gca Realty Inc)
Limitation on Dividends and Other Payment Restrictions Affecting Restricted Subsidiaries. The (a) Except as provided in clause (b) below, the Issuer shall not, and shall not cause or permit any of its Restricted Subsidiary Subsidiaries to, directly or indirectly, create or otherwise cause or suffer permit to exist or become effective any consensual encumbrance or restriction of any kind on the ability of any Restricted Subsidiary to to:
(ai) pay dividends, in cash or otherwise, dividends or make any other distributions on or in respect of its Capital Stock, (b) Stock to the Issuer or any other Restricted Subsidiary or pay any Indebtedness owed to the Issuer or any other Restricted Subsidiary, ;
(cii) make investments, loans or advances to to, or make any Investment in, the Issuer or any other Restricted Subsidiary, ; or
(diii) transfer any of its properties property or assets to the Issuer or any other Subsidiary or (e) guarantee any Indebtedness of the Issuer or any other Restricted Subsidiary.
Appears in 1 contract
Sources: Indenture (Cemex Sab De Cv)
Limitation on Dividends and Other Payment Restrictions Affecting Restricted Subsidiaries. The Tile Issuer shall not, and shall not permit any Restricted Subsidiary to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any encumbrance or restriction of any kind on the ability of any Restricted Subsidiary to (a) pay dividends, in cash or otherwise, or make any other distributions on or in respect of its Capital Stock, (b) pay any Indebtedness owed to the Issuer or any other Subsidiary, (c) make investments, loans or advances to the Issuer or any other Subsidiary, (d) transfer any of its properties or assets to the Issuer or any other Subsidiary or (e) guarantee any Indebtedness of the Issuer or any other Subsidiary.
Appears in 1 contract
Sources: Fifth Supplemental Indenture (Chelsea Gca Realty Partnership Lp)