Common use of Investment Companies; Regulated Entities Clause in Contracts

Investment Companies; Regulated Entities. Neither the Borrower nor any of its Subsidiaries is an "investment company" registered or required to be registered under the Investment Company Act of 1940 or under the "control" of an "investment company" as such terms are defined in the Investment Company Act of 1940 and shall not become such an "investment company" or under such "control." Neither the Borrower nor any of its Subsidiaries is subject to any other Federal or state statute or regulation limiting its ability to incur Indebtedness for borrowed money.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Champion Industries Inc), Revolving Credit Agreement (Champion Industries Inc)

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Investment Companies; Regulated Entities. Neither the Borrower nor any Subsidiaries of its Subsidiaries Borrower is an "investment company" registered or required to be registered under the Investment Company Act of 1940 or under the "control" of an "investment company" as such terms are defined in the Investment Company Act of 1940 and shall not become such an "investment company" or under such "control." Neither the Borrower nor any Subsidiaries of its Subsidiaries Borrower is subject to any other Federal or state statute or regulation limiting its ability to incur Indebtedness for borrowed money.

Appears in 1 contract

Samples: Credit Agreement (Excelsior Lasalle Property Fund Inc)

Investment Companies; Regulated Entities. Neither None of the Borrowers or any Subsidiaries of any Borrower nor any of its Subsidiaries is an "investment company" registered or required to be registered under the Investment Company Act of 1940 or under the "control" of an "investment company" as such terms are defined in the Investment Company Act of 1940 and shall not become such an "investment company" or under such "control." Neither None of the Borrowers or any Subsidiaries of any Borrower nor any of its Subsidiaries is subject to any other Federal or state statute or regulation limiting its ability to incur Indebtedness for borrowed money.

Appears in 1 contract

Samples: Credit Agreement (U S Interactive Inc/Pa)

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Investment Companies; Regulated Entities. Neither the Borrower nor any of its Subsidiaries is an "investment company" registered or required to be registered under the Investment Company Act of 1940 or under the "control" “control of an "and “investment company" as such terms are defined in the Investment Company Act of 1940 and shall not become such an "investment company" or under such "control." Neither the Borrower nor any of its Subsidiaries is subject to any other Federal or state statute or regulation limiting its ability to incur Indebtedness for borrowed money.,

Appears in 1 contract

Samples: Revolving Credit Agreement (Champion Industries Inc)

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