Investments and Advances. Make any investment in, or advances to, any other person, firm, or corporation, except (a) advance payments or deposits against purchases made in the ordinary course of Debtor's regular business; (b) direct obligations of the United States of America, money-market funds or certificates of deposit; or (c) any existing investments in, or existing advances to, the Consolidated Subsidiaries.
Appears in 3 contracts
Samples: Loan and Security Agreement (Napco Security Systems Inc), Loan and Security Agreement (Napco Security Systems Inc), Loan and Security Agreement (Napco Security Systems Inc)
Investments and Advances. Make any investment in, in or advances to, to any other person, firm, or corporation, except (a) advance payments or deposits against purchases made in the ordinary course of Debtor's regular business; (b) direct obligations of the United States of America, money-market funds or certificates of deposit; or (c) any existing investments in, or existing advances to, the Consolidated Subsidiaries; or (d) any investments or advances that may be specified in Item 28 of the Schedule.
Appears in 2 contracts
Samples: Loan and Security Agreement (Computone Corporation), Loan and Security Agreement (American Artists Film Corp/Mo/)
Investments and Advances. Make any investment in, or advances to, any other personPerson, firm, or corporation, except except: (a) advance payments or deposits against purchases made in the ordinary course of either Debtor's regular business; (b) direct obligations of the United States of America, money-market funds or certificates of deposit; or (c) any existing investments in, or existing advances to, the Consolidated Subsidiaries; (d) loans to officers of Debtors not to exceed $250,000.00 in the aggregate outstanding at any one time, and (e) inter-company loans from one Debtor to the other Debtor.
Appears in 1 contract
Investments and Advances. Make any investment in, in or advances to, to any other person, firm, or corporation, except (a) advance payments or deposits against purchases purchase made in the ordinary course of Debtor's regular business; (b) direct obligations of the United States of America, money-market funds or certificates of deposit; or (c) any existing investments in, or existing advances to, the Consolidated Subsidiaries; or (d) any investments or advances that may be specified in Item 28 of the Schedule.
Appears in 1 contract
Samples: Loan and Security Agreement (Delsoft Consulting Inc)
