Common use of Limitation on Restrictive Agreements Clause in Contracts

Limitation on Restrictive Agreements. Create, incur, assume, permit to exist any consensual limitation or restriction on the ability of the Borrower or any Subsidiary of the Borrower to: (a) make any payment to the Agent or the Lenders, provide the Security Documents to the Agent, or perform or observe any of its other covenants or agreements under any of the Loan Documents; or (b) in the case of Subsidiaries, to make any Distributions to the Borrower or any of its Subsidiaries.