Common use of Limitations on Restricted Payments Clause in Contracts

Limitations on Restricted Payments. Without the prior written consent of Lender, Borrower shall not, at any time, enter into, participate in, or make any Restricted Payment.

Appears in 5 contracts

Sources: Convertible Loan Agreement, Convertible Loan Agreement (Roundball LLC), Convertible Loan Agreement (Hickok Inc)

Limitations on Restricted Payments. Without the prior written consent of Lender, Borrower the Borrowers shall not, at any time, enter into, participate in, or make any Restricted Payment.

Appears in 1 contract

Sources: Subordinated Loan and Security Agreement (Dpac Technologies Corp)

Limitations on Restricted Payments. Without the prior written consent of Lender, the Borrower shall not, at any time, enter into, participate in, or make any Restricted Payment. SUBORDINATED LOAN AND SECURITY AGREEMENT WR ACQUISITION, INC.

Appears in 1 contract

Sources: Subordinated Loan and Security Agreement (Dpac Technologies Corp)

Limitations on Restricted Payments. (a) Without the prior written consent of Lender, the Borrower shall not, at any time, enter into, participate in, or make any Restricted Payment, except for the payment of the Administration Fee. (b) Without the prior written consent of Lender, the Borrower shall not issue any additional partnership interests or grant or issue any warrant, right or option pertaining thereto.

Appears in 1 contract

Sources: Loan and Security Agreement (New Energy Co of Indiana LTD Partnership)