Common use of Limitation on Other Restrictions Clause in Contracts

Limitation on Other Restrictions. Except for this Agreement and any other Loan Document, enter into any agreement, document or instrument which would (i) restrict or prevent Borrower and the other US/Canadian Companies from granting to the Agent on behalf of the Agent and the Lenders liens upon, security interests in and pledges of their respective assets which are senior in priority to all other Liens, except for Permitted Liens and any other agreements, documents or instruments pursuant to which Liens not prohibited by the terms of this Agreement are created, entered into, or allowed to exist, or (ii) restrict the ability of any US/Canadian Company to pay or make dividends or distributions in cash or kind to Borrower or any Guarantor, to make loans, advances or other payments of whatever nature to any US/Canadian Company, or to make transfers or distributions of all or any part of its assets to any Loan Party; provided, however, that any such restrictions on any Canadian Subsidiaries shall not be deemed to violate this Section 8.9 to the extent that such restrictions are included in any documents executed in connection with Debt permitted under Sections 8.1(j) and 8.3(d) hereof; and provided further than any restriction on any US/Canadian Company of the type described in clause (ii) above in any Subordinated Debt Document shall not be deemed to be a violation of this Section 8.9.