Intercompany Advances. Advances or loans made in the ordinary course of business (including, without limitation, in connection with a Permitted Acquisition) among the Company and any Subsidiary or among any Subsidiaries.
Intercompany Advances. As of the Effective Date, Schedule 3.24 sets forth (a) a true and correct list of all loans and advances made by any Loan Party to any other Loan Party or by any Loan Party to any Subsidiary (i) as of July 3, 2010 and (ii) in connection with the Cott Acquisition and the Restructuring outstanding on the Effective Date, and (b) a true and correct list of all unpaid intercompany transfers of goods sold and delivered by or to any Loan Party as of July 3, 2010.
Intercompany Advances. The Company and Parent shall, and shall cause each Restricted Subsidiary to, evidence all transfers made by the Company, Parent or any Restricted Subsidiary of Parent to Parent or any Wholly Owned Subsidiary of Parent of the direct or indirect proceeds of the issuance and sale of the Securities by executing and delivering an intercompany promissory note. Each such intercompany promissory note will be payable upon or before each payment of principal of the Securities (whether upon Stated Maturity, optional redemption, required purchase, declaration of acceleration or otherwise) and will bear interest at the same or greater rate, payable on the same or earlier dates, as the Securities.
Intercompany Advances. At the request of the Purchaser and without limiting any provision of the Note Purchase Agreement or any other provision hereof, each Grantor shall cause all outstanding loans and advances made by such Grantor to any Subsidiary or Affiliate of such Grantor to be evidenced by an Instrument and all such Instruments to be pledged and delivered to the Purchaser not later than ten (10) Business Days following any such request.
Intercompany Advances. Neither Parent nor any Guarantor or CAFS shall make any loans, advances, extensions of credit to, or Investments in CA Canada such that the total amount outstanding of such loans, advances, extensions of credit or Investments at any one time shall be in excess of $16,000,000.
Intercompany Advances loans from the Borrower or any Guarantor to any Guarantor as described in Section 9.4(f); (g) investments in Hedging Obligations permitted under Section 9.15;
Intercompany Advances. From and after the Effective Date, Parent, Seller, and the Company shall take all steps necessary to ensure that (i) prior to December 31, 2009 the aggregate intercompany indebtedness for advances or transfers of working capital by Parent or Seller to the Company (net of such indebtedness for advances or transfers of working capital by the Company to Parent or Seller) does not at any time exceed $15,000,000 in the aggregate, (ii) all intercompany indebtedness for advances or transfers of working capital by Parent or Seller to the Company and by the Company to Parent or Seller that is outstanding on the Effective Date is repaid on or before December 31, 2009 pursuant to repayment terms set forth in the definitive documentation satisfying the conditions of Section 2(a)(xiv)(3) of the Purchase Agreement, (iii) no advances or transfers of working capital by Parent or Seller to the Company or by the Company to Parent or Seller may be made after the Effective Date except with the approval of the Board (including the approval of the Purchaser Director (as defined below)), (iv) all advances or transfers of working capital by Parent or Seller to the Company and by the Company to Parent or Seller that is advanced or transferred after the Effective Date is repaid on or before December 31, 2009 pursuant to repayment terms approved by the Board (including the approval of the Purchaser Director), and (v) after December 31, 2009, no intercompany indebtedness is incurred for advances or transfers of working capital by Parent or Seller to the Company and by the Company to Parent or Seller without the approval of the Board (including the approval of the Purchaser Director).
Intercompany Advances. Any Investments made by the Loan Parties to either 360fly, Inc. or Eyelock LLC prior to the date of this Amendment No. 4 shall be deemed to not be included in the calculation of the dollar threshold set forth in clause (d)(i) of the definition of Permitted Intercompany Advances (as in effect immediately prior to the effectiveness of this Amendment No. 4).
Intercompany Advances. Neither Parent nor any Guarantor or CAFS shall make any loans, advances, extensions of credit to, or Investments in CA Canada such that the total amount outstanding of such loans, advances, extensions of credit or Investments at any one time shall be in excess of $30,000,000.
(h) A new Section 5.24 is added as follows:
Intercompany Advances. Borrowers shall not advance, loan or distribute any cash or assets to Redgo Properties, Inc. in excess of (a) $250,000.00, in the aggregate, during calendar year 1996, and (b) $0 at any time after 12/31/96.
