Common use of Limitation on Restrictions Affecting Subsidiaries Clause in Contracts

Limitation on Restrictions Affecting Subsidiaries. International shall not, and shall not permit any of its Subsidiaries to, create or otherwise cause or permit to exist or become effective any consensual encumbrance or restriction of any kind, on the ability of any such Subsidiary to (a) pay dividends or make any distributions on its capital stock or joint venture or partnership interests, (b) pay any indebtedness to International or any other Subsidiary of International, (c) make loans or advances to International or any Subsidiary of International or (d) transfer any of its property or assets to International or any Subsidiary of International, other than, in the case of each of the foregoing clauses (a) through (d), any such encumbrance or restriction created by Proler Environmental Services, Inc. in connection with any Indebtedness permitted by SECTION 7.02(d).