Common use of Insider Clause in Contracts

Insider. Neither Borrower nor any Subsidiary of Borrower is, and no Person having "control" (as that term is defined in 12 U.S.C. Section 375(b) or regulations promulgated thereunder) of Borrower or any Subsidiary of Borrower is an "executive officer", "director" or "shareholder" of any Bank or any bank holding company of which any Bank is a Subsidiary or of any Subsidiary of such bank holding company.

Appears in 5 contracts

Samples: Credit Agreement (Exco Resources Inc), Credit Agreement (Exco Resources Inc), Credit Agreement (Venus Exploration Inc)

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Insider. Neither Borrower nor any Subsidiary of its Subsidiaries is, nor any officer of Borrower isor its Subsidiaries, and no Person having "control" (as that term is defined in 12 U.S.C. Section 375(b) or regulations promulgated thereunder) of Borrower or any Subsidiary of Borrower is an "executive officer", "director" or "shareholder" having "control" (as that term is defined in 12 U.S.C. Section 375(b) or regulations promulgated thereunder) of any Bank or any bank holding company of which any Bank is a Subsidiary or of any Subsidiary of such bank holding company.

Appears in 2 contracts

Samples: Credit Agreement (Berry Petroleum Co), Credit Agreement (Berry Petroleum Co)

Insider. Neither No Borrower nor any Subsidiary of Borrower is, is 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, an “executive officer,” “director,” or “principal shareholder” (as those terms are defined in 12 U.S.C. 375(b) or in regulations promulgated thereunderpursuant thereto) of Borrower or any Subsidiary Bank, of Borrower is an "executive officer", "director" or "shareholder" of any Bank or any a bank holding company of which any Bank is a Subsidiary subsidiary, or of any Subsidiary subsidiary of such a bank holding companycompany of which Bank is a subsidiary.

Appears in 1 contract

Samples: Loan and Security Agreement (Adams Golf Inc)

Insider. Neither Borrower nor any Subsidiary of Borrower is, and no Person having "control" (as that term is defined in 12 U.S.C. Section § 375(b) or regulations promulgated thereunder) of Borrower or any Subsidiary of Borrower is an "executive officer", "” or “director" or "shareholder" of any Bank Lender or any bank holding company of which any Bank Lender is a Subsidiary or of any Subsidiary of such bank holding company.

Appears in 1 contract

Samples: Credit Agreement (Ada-Es Inc)

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Insider. Neither Borrower nor any Subsidiary of Borrower its Subsidiaries is, ------- and no Person having "control" (as that term is defined in 12 U.S.C. Section 375(b) or regulations promulgated thereunder) of Borrower or any Subsidiary of Borrower its Subsidiaries is an "executive officer", "director" or "shareholder" of any Bank or any bank holding company of which any Bank is a Subsidiary or of any Subsidiary of such bank holding company.

Appears in 1 contract

Samples: Credit Agreement (Wiser Oil Co)

Insider. Neither Borrower nor any Subsidiary of Borrower is, and no Person having "control" (as that term is defined in 12 U.S.C. Section 375(b) or regulations promulgated thereunder) of Borrower or any Subsidiary of Borrower is is, an "executive officer", ",” “director" or "shareholder" of any Bank Lender or any bank holding company of which any Bank Lender is a Subsidiary or of any Subsidiary of such bank holding company.

Appears in 1 contract

Samples: Master Credit Agreement (Riata Energy Inc)

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