Insider. (a) Neither the Borrower, nor any Person having "control" (as that term is defined in the Investment Company Act of 1940, as amended, or in regulations promulgated pursuant thereto (herein the "1940 Act")) of the Borrower is, an "executive officer," "director," or "principal shareholder" (as those terms are defined in the 1940 Xxx) xx Lender.
Appears in 3 contracts
Samples: Convertible Debenture Loan Agreement (Topro Inc), Convertible Loan Agreement (Jakks Pacific Inc), Convertible Loan Agreement (Integrated Security Systems Inc)
Insider. (a) Neither the Borrower, nor any Person having "control" (as that term is defined in the Investment Company 1940 Act of 1940, as amended, or in the regulations promulgated pursuant thereto (herein the "1940 Act")thereto) of the Borrower is, is an "executive officer," "director," or "principal shareholder" (as those terms are defined in the 1940 XxxAct) xx of any Lender.
Appears in 2 contracts
Samples: Convertible Loan Agreement (Obsidian Enterprises Inc), Convertible Loan Agreement (Simtek Corp)
Insider. (a) Neither the Borrower, nor any Person having "control" (as that term is defined in the Investment Company 1940 Act of 1940, as amended, or in the regulations promulgated pursuant thereto (herein the "1940 Act")thereto) of the Borrower is, is an "executive officer," "director," or "principal shareholder" (as those terms are defined in the 1940 0000 Xxx) xx of any Lender.
Appears in 2 contracts
Samples: Agreement (La Man Corporation), Agreement (Digital Recorders Inc)
Insider. (a) Neither the Borrower, nor any Person having "control" (as that term is defined in the Investment Company 1940 Act of 1940, as amended, or in the regulations promulgated pursuant thereto (herein the "1940 Act")thereto) of the Borrower is, is an "executive officer," "director," or "principal shareholder" (as those terms are defined in the 1940 Xxx) xx any Lender.
Appears in 2 contracts
Samples: Loan Agreement (Lifequest Medical Inc), Convertible Loan Agreement (Laserscope)
Insider. (a) Neither the BorrowerCompany, nor any Person having "control" (as that term is defined in the Investment Company 1940 Act of 1940, as amended, or in the regulations promulgated pursuant thereto (herein the "1940 Act")thereto) of the Borrower is, is an "executive officer," "director," or "principal shareholder" (as those terms are defined in the 1940 XxxAct) xx of any Lender.
Appears in 1 contract
Insider. (a) Neither Except as set forth in filings made by Borrower to the Securities Exchange Commission, neither the Borrower, nor any Person having "control" (as that term is defined in the Investment Company Act of 1940, as amended, or in regulations promulgated pursuant thereto (herein the "1940 Act")) of the Borrower is, an "executive officer," "director," or "principal shareholder" (as those terms are defined in the 1940 Xxx) xx Lender.
Appears in 1 contract
Samples: Convertible Debenture Loan Agreement (Biodynamics International Inc)
Insider. (a) Neither the Borrower, nor any Person having "control" (as that term is defined in the Investment Company 1940 Act of 1940, as amended, or in the regulations promulgated pursuant thereto (herein the "1940 Act")thereto) of the Borrower is, is an "executive officer," "director," or "principal shareholder" (as those terms are defined in the 1940 XxxAct) xx of any Lender.
Appears in 1 contract
Samples: Convertible Loan Agreement (Play by Play Toys & Novelties Inc)
