Investments; Advances. Make or commit to make any advance, loan, or extension of credit or capital contribution to, or purchase any stock, bonds, notes, debentures, or other securities of, or make any other investment in, any Person, except short-term cash management programs.
Investments; Advances. Make or commit to make any advance, loan or extension of credit (other than Mortgage Loans and reimbursable servicing advances made in the ordinary course of the Company's or such Subsidiary's business) or capital contribution to, or purchase any stock, bonds, notes, debentures or other securities of, or make any other investment in, any Person if such investment, advance or commitment to advance, when combined with all other such investments, advances and commitments to advance, exceeds twenty percent (20%) of the total equity of the Parent (determined in accordance with GAAP on a consolidated basis) immediately prior to the proposed effective date of such investment, advance or commitment to advance.
Investments; Advances. Make or commit to make any Investment except that.
Investments; Advances. And shall not permit any Subsidiary to, make or commit to make any advance, loan or extension of credit or capital contribution to, or purchase any stock, bonds, notes, debentures or other securities of, or make any other investment in, any Person, except:
Investments; Advances. Upon the terms and conditions set forth herein (including, without limitation, the provisions of Article VII hereof), on any Advance Notice Date the Company may request an Advance by the Investor by the delivery of an Advance Notice. The number of shares of Common Stock that the Investor shall receive for each Advance shall be determined by dividing the amount of the Advance by the Purchase Price. No fractional shares shall be issued. Fractional shares shall be rounded to the next higher whole number of shares. The aggregate maximum amount of all Advances that the Investor shall be obligated to make under this Agreement shall not exceed the Commitment Amount.
Investments; Advances. And shall not permit any of its --------------------- Subsidiaries to, make or commit to make any advance, loan or extension of credit (other than Mortgage Loans made in the ordinary course of the Company's business) or capital contribution to, or purchase any stocks, bonds, notes, debentures or other securities of, or make any other investment in, any Person; provided, however, that the Company and its Subsidiaries may make or maintain Permitted Investments.
Investments; Advances. Make or commit to make any advance, loan or extension of credit or capital contribution to, or purchase any stock, bonds, notes, debentures or other securities of, or make any other investment in, any Person, other than in the ordinary course of business (which shall include investments in newly formed Subsidiaries, but only so long as the aggregate capital Second Amended and Restated Credit Agreement contributions or other investments in all such Subsidiaries does not exceed $5,000,000 after the Effective Date), but only so long as no Event of Default or Potential Default would exist after giving effect thereto.
Investments; Advances. (a) Section 7.07 of the Loan Agreement is hereby amended by inserting a new clause (D) after clause (C) therein and before the phrase "provided further," therein to read as follows: "and (D) if the Companies receive cash net proceeds of $20,000,000 or more from the sale or other disposition of Mortgage Loans not included and not eligible for inclusion in the Borrowing Base, the Companies may, within 120 days of the receipt of such proceeds, make advances or loans to EGI in an aggregate amount not to exceed $10,000,000, the proceeds of which shall be used to effect a repurchase or redemption of EGI Notes, provided that, if the Companies receive less than $20,000,000 cash net proceeds from any such sale, no more than fifty percent (50%) of such cash net proceeds received by the Companies may be advanced or loaned to EGI to effect a repurchase or redemption of EGI Notes;"
Investments; Advances. The Borrower will not make, directly or --------------------- indirectly, any loan or advance to or have any Investment in any Person, or make any commitment to make such loan, advance or Investment, or permit any of its Subsidiaries or any of the Foreign Affiliates to do any of the foregoing, except:
Investments; Advances. Section 7.07 of the Loan Agreement is hereby amended by (a) deleting the word "and" before clauses (C) and (D) and (b) inserting a new clause (E) after clause (D) therein and before the phrase "provided further," therein to read as follows: "and (E) HomeGold shall be permitted to make a loan, directly or indirectly, to Xxx Xxxxxxxx in the principal amount of $4,000,000 and to acquire a loan made by HomeSense, Inc. to Xxx Xxxxxxxx in the principal amount of $1,700,000, provided that such loans are (i) evidenced by one or more promissory notes (the "Xxxxxxxx Notes") made by Xxx Xxxxxxxx to the applicable payee of each such loan and (ii) secured by a pledge to the Administrative Agent of (x) 4,560,000 shares of the common stock and 5,700,000 shares of preferred stock of EGI issued to Xxx Xxxxxxxx in connection with EGI's acquisition of HomeSense, Inc. and (y) the Xxxxxxxx Notes, in each case accompanied by such transfer documents as the Administrative Agent shall request."
