Common use of Restriction on Payment Clause in Contracts

Restriction on Payment. Hedging Liabilities (a) that Payment is permitted under Clause 4.3 (Permitted Payments: Hedging Liabilities); or (b) the taking or receipt of that Payment is permitted under paragraph (c) of Clause 4.9 (Permitted Enforcement: Hedge Counterparties).

Appears in 4 contracts

Sources: Intercreditor Agreement, Senior Facilities Agreement (Liberty Global PLC), Intercreditor Agreement

Restriction on Payment. Hedging Liabilities (a) that Payment is permitted under Clause 4.3 (Permitted Payments: Hedging Liabilities); or (b) the taking or receipt of that Payment is permitted under paragraph (c) of Clause 4.9 (Permitted Enforcementenforcement: Hedge Counterparties).

Appears in 2 contracts

Sources: Intercreditor Agreement (Paysafe LTD), Intercreditor Agreement (Paysafe LTD)

Restriction on Payment. Hedging Liabilities (a) that Payment is permitted under Clause 4.3 7.3 (Permitted Payments: Hedging Liabilities); or (b) the taking or receipt of that Payment is permitted under paragraph (c) of Clause 4.9 7.9 (Permitted Enforcement: Hedge Counterparties).

Appears in 2 contracts

Sources: Intercreditor Agreement (Nord Anglia Education, Inc.), Intercreditor Agreement (Nord Anglia Education, Inc.)

Restriction on Payment. Hedging Liabilities (a) that Payment is permitted under Clause 4.3 (Permitted Payments: Hedging Liabilities)4.3; or (b) the taking or receipt of that Payment is permitted under paragraph (c) of Clause 4.9 (Permitted Enforcement: Hedge Counterparties4.9(c).

Appears in 1 contract

Sources: Project Facilities Agreement and Intercreditor Agreement (Pacific Drilling S.A.)

Restriction on Payment. Hedging Liabilities (a) that Payment is permitted under Clause 4.3 5.3 (Permitted Payments: Hedging Liabilities); or (b) the taking or receipt of that Payment is permitted under paragraph (c) of Clause 4.9 5.10 (Permitted Enforcement: Hedge Counterparties).

Appears in 1 contract

Sources: Intercreditor Agreement