Insider. Borrower is not, and no Person having "control" (as defined in 12 U.S.C. 375(b)(5) or in regulations promulgated thereto) of Borrower is an "executive officer", "director" or "principal shareholder" (as those terms are defined in 12 U.S.C. 375(b)(5) or in regulations promulgated thereto) of Lender, of a bank holding company (or Subsidiary thereof) of which Lender is a Subsidiary.
Appears in 4 contracts
Samples: Commercial Credit Agreement (Acmat Corp), Commercial Credit Agreement (Acmat Corp), Commercial Credit Agreement (Acmat Corp)
Insider. Borrower is not, and no Person having "control" (as that term is defined in 12 U.S.C. § 375(b)(5) or in regulations promulgated pursuant thereto) of Borrower is is, an "executive officer", ," "director," or "principal shareholder" (as those terms are defined in 12 U.S.C. 375(b)(5§ 375(b) or in regulations promulgated pursuant thereto) of LenderBank, of a bank holding company (or Subsidiary thereof) of which Lender Bank is a Subsidiarysubsidiary, or of any subsidiary of a bank holding company of which Bank is a subsidiary.
Appears in 2 contracts
Samples: Revolving and Term Credit and Security Agreement (Aerosonic Corp /De/), Revolving and Term Loan Credit Agreement (Farrel Corp)
Insider. Borrower is not, and no Person having "“control" ” (as that term is defined in 12 U.S.C. § 375(b)(5) or in regulations promulgated pursuant thereto) of Borrower is is, an "“executive officer", ",” “director" ,” or "“principal shareholder" ” (as those terms are defined in 12 U.S.C. 375(b)(5§375(b) or in regulations promulgated pursuant thereto) of LenderBank, of a bank holding company (or Subsidiary thereof) of which Lender Bank is a Subsidiarysubsidiary, or of any subsidiary of a bank holding company of which Bank is a subsidiary.
Appears in 2 contracts
Samples: Loan and Security Agreement (Ic Isaacs & Co Inc), Loan and Security Agreement (Impax Laboratories Inc)
Insider. The Borrower is not, and no Person having "“control" ” (as defined in 12 U.S.C. 375(b)(5) or in regulations promulgated thereto) of Borrower is an "“executive officer", ",” “director" ” or "“principal shareholder" ” (as those terms are defined in 12 U.S.C. 375(b)(5) or in regulations promulgated thereto) of the Lender, or of a bank holding company (or Subsidiary subsidiary thereof) of which the Lender is a Subsidiarysubsidiary.
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Insider. The Borrower is not, and no Person having "“control" ” (as defined in 12 U.S.C. 375(b)(5) or in regulations promulgated thereto) of Borrower is an "“executive officer", ",” “director" ” or "“principal shareholder" ” (as those terms are defined in 12 U.S.C. 375(b)(5) or in regulations promulgated thereto) of Lender, of a bank holding company (or Subsidiary thereof) of which Lender is a Subsidiary.terms
Appears in 1 contract
Samples: Credit Agreement
Insider. The Borrower is not, and no Person having "control" (as that term is defined in 12 U.S.C. 375(b)(5Section 375b(9)(B) or in regulations promulgated pursuant thereto) of the Borrower is is, an "executive officer", ," "director," or to the knowledge of Borrower, "principal shareholder" (as those terms are defined in 12 U.S.C. 375(b)(5) or in regulations promulgated thereto) of Lender, of a bank holding company (or Subsidiary thereof) of which Lender is a Subsidiary.U.S.
Appears in 1 contract
Insider. Borrower is not, and no Person having "control" (as that term is defined in 12 U.S.C. Section 375(b)(5) or in regulations promulgated pursuant thereto) of Borrower is is, an "executive officer", ," "director," or "principal shareholder" (as those terms are defined in 12 U.S.C. 375(b)(5375(b) or in regulations promulgated pursuant thereto) of LenderBank, of a bank holding company (or Subsidiary thereof) of which Lender Bank is a Subsidiarysubsidiary, or of any subsidiary of a bank holding company of which Bank is a subsidiary.
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