Common use of Indirect Acts Clause in Contracts

Indirect Acts. Any act which the Borrower is prohibited from doing hereunder shall not be done indirectly through a consolidated subsidiary or by any other indirect means.

Appears in 4 contracts

Samples: Loan and Security Agreement (Southern First Bancshares Inc), Loan and Security Agreement (Southern First Bancshares Inc), Loan and Security Agreement (River Financial Corp)

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Indirect Acts. Any act which the Borrower is prohibited from doing hereunder ------------- shall not be done indirectly through a consolidated subsidiary or by any other indirect means.

Appears in 1 contract

Samples: Webster Bank (Proton Energy Systems Inc)

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