Restricted Payments. Parent shall not, nor shall it permit any Restricted Subsidiary to, make any Restricted Payment; provided, that so long as it is not expressly prohibited by law,

Restricted Payments. Declare or make, directly or indirectly, any Restricted Payment, or incur any obligation (contingent or otherwise) to do so, except that:

. The Borrower shall not, nor shall it permit any Subsidiary to, directly or indirectly, declare or make, directly or indirectly, any Restricted Payment, or incur any obligation (contingent or otherwise) to do so, except that the following shall be permitted:

No Borrower will, and no Borrower will permit any of the Loan Parties to, declare or pay any Restricted Payments, except that:

Restricted Payments. Borrower will not, and will not permit Parent or any other Subsidiary of Parent to make any Restricted Payment; provided, that, so long as it is permitted by law, and so long as # except with respect to [clauses (d), (f), (g), (h), (i), (j), (k), (l), and (m)])])])] below, no Default or Event of Default shall have occurred and be continuing or would result therefrom, # except with respect to [clauses (d), (f), (g), (h), (i), (j), (k), (l), and (m)])])])] below, Liquidity equals or exceeds $20,000,000 after giving effect to the making of such Restricted Payment, # except with respect to [clauses (f), (g), (h), (i), (j), (k), (l), and (m)])])])] below, Parent and its Subsidiaries would have been in compliance with the financial covenants in Section 7 for the 12 month period ended immediately prior to the date of such proposed Restricted Payment as if a Financial Covenant Period was in effect, # with respect to clause (f) below, no Default or Event of Default pursuant to [Sections 8.4 and 8.5]5] shall have occurred and be continuing or would result therefrom, and # with respect to clause (g) below, no Default or Event of Default pursuant to [Sections 8.1, 8.2(a)(iii), 8.4, and 8.5]5]5] shall have occurred and be continuing or would result therefrom:

such Restricted Payment, together with the aggregate amount of all other Restricted Payments made by Holdings and the Restricted Subsidiaries after the Closing Date (including Restricted Payments permitted by Section 9.5(b)(1) hereof, but excluding all other Restricted Payments permitted by Section 9.5(b) hereof), is less than the sum of (without duplication):

SECTION # Restricted Payments; Certain Payments of Indebtedness.

in addition to the foregoing and following Restricted Payments, any Loan Party may make additional Restricted Payments to any other Loan Party;

Solely for purposes of this Agreement, in calculating the amount of Restricted Payments made by the Borrower during any period referred to in paragraph # above, any Restricted Payments made by Designated Subsidiaries or any other Excluded Asset that is a Subsidiary during such period (other than any such Restricted Payments that are made directly or indirectly to ​) shall be treated as Restricted Payments made by the Borrower during such period.

Section # Restricted Payments; Certain Payments of Indebtedness 124131