Common use of Investment and Loans Clause in Contracts

Investment and Loans. Hibbett and the Consolidated Entities on a -------------------- consolidated basis will not, directly or indirectly, purchase or otherwise acquire any stock, security, obligation or evidence of indebtedness of, make any capital contribution to, own any equity interest in, or make any loan or advance to, any other person; provided, however, that it may acquire and continue to hold (A) all stock of and own interests in the persons that constitute or, after giving effect to such purchase, will constitute Consolidated Entities; and (B)

Appears in 2 contracts

Samples: Credit Agreement (Hibbett Sporting Goods Inc), Credit Agreement (Hibbett Sporting Goods Inc)

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Investment and Loans. Hibbett and the Consolidated Entities on a -------------------- consolidated basis will not, directly or indirectly, purchase or otherwise acquire any stock, security, obligation or evidence of indebtedness of, make any capital contribution to, own any equity interest in, or make any loan or advance to, any other person; provided, however, that it may acquire and continue to hold (A) all stock of and own interests in the persons that constitute or, after giving effect to such purchase, will constitute Consolidated Entities; and (B)

Appears in 1 contract

Samples: Credit Agreement (Hibbett Sporting Goods Inc)

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Investment and Loans. Hibbett and the Consolidated Entities on a -------------------- consolidated basis will not, directly or indirectly, purchase or otherwise acquire any stock, security, obligation or evidence of indebtedness of, make any capital contribution to, own any equity interest in, or make any loan or advance to, any other person; provided, however, that it may acquire and continue to hold (A) all stock of and own interests in the persons that constitute or, after giving effect to such purchase, will constitute Consolidated Entities; and (B)) Permitted Investments.

Appears in 1 contract

Samples: Credit Agreement (Hibbett Sporting Goods Inc)

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