Common use of Limitations on Dividends and Distributions Clause in Contracts

Limitations on Dividends and Distributions. No Loan Party may make, pay or declare any Distributions. For the avoidance of doubt, the Initial Borrower may make Permitted RIC Distributions from sources other than Collateral.

Appears in 7 contracts

Sources: Credit Agreement (Overland Advantage), Revolving Credit Agreement (Overland Advantage), Revolving Credit Agreement (Overland Advantage)