Investments and Loans. No Company shall: (a) create, acquire or hold any Subsidiary, (b) make or hold any investment in any stocks, bonds or securities of any kind, (c) be or become a party to any joint venture or other partnership, (d) make or keep outstanding any advance or loan to any Person, or (e) be or become a Guarantor of any kind; provided, that this Section shall not apply to:
Investments and Loans. Neither Borrower nor any Subsidiary shall make any loan, advance, extension of credit or capital contribution to, or purchase or otherwise acquire for consideration, evidences of indebtedness, capital stock or other securities of any Person, except that Borrower and any Subsidiary may:
Investments and Loans. The Borrower will not, and will not permit any other Loan Party to, make or permit to remain outstanding any Investments in or to any Person or any intercompany loans, except that the foregoing restriction shall not apply to:
Investments and Loans. Make or permit to exist investments in or loans to any other Person, except: (a) Cash Equivalents; and (b) loans and advances to employees for moving, entertainment, travel and other similar expenses in the ordinary course of business in an aggregate outstanding amount not in excess of $200,000 at any time.
Investments and Loans. No Company shall, without the prior written consent of Agent and the Required Lenders, (a) create, acquire or hold any Subsidiary, (b) make or hold any investment in any stocks, bonds or securities of any kind, (c) be or become a party to any joint venture or other partnership, (d) make or keep outstanding any advance or loan to any Person, or (e) be or become a Guarantor of any kind; provided that this Section 5.11 shall not apply to the following:
Investments and Loans. 31 SECTION 5.12.
Investments and Loans. No Borrower will have or make any investments in all or a material portion of the capital stock or securities of any Person, or any loans, advances or extensions of credit to any Person, except:
Investments and Loans. 40 Section 5.12. Merger and Sale of Assets.................................................................... 41 TABLE OF CONTENTS
Investments and Loans. No Company shall (a) make or keep outstanding any advance or loan to any Person (other than Borrower), or (b) be or become a Guarantor of any kind, except guarantees securing only indebtedness of the Companies incurred or permitted pursuant to this Agreement or guaranties of loans to Borrower; provided, that this Section shall not apply to (i) any endorsement of a check or other medium of payment for deposit or collection through normal banking channels or similar transaction in the normal course of business; (ii) any investment in direct obligations of the United States of America or in certificates of deposit issued by a member bank of the Federal Reserve System; (iii) any investment in commercial paper or securities which at the time of such investment is assigned the highest quality rating in accordance with the rating systems employed by either Xxxxx'x Investor Service, Inc. or Standard and Poor's Corporation; (iv) any loans to any Subsidiary and guaranties of the Indebtedness of a Subsidiary not in excess of the aggregate amount, for all Companies and for all such loans and guaranties, of Fifty Million Dollars ($50,000,000); (v) in addition to the amount set forth in subpart (iv) hereof, the Casting Guaranty; (vi) in addition to the amount set forth in subpart (iv) hereof, the guaranty of the Insurance Company Loans; or (vii) in addition to the amount set forth in subpart (iv) hereof but at all times subject to the proviso at the end of this Section 5.10, loans for the purchase price of the Speedline stock and retirement of Indebtedness of Speedline existing on the Closing Date; provided that, anything herein to the contrary notwithstanding, no loans shall be made to, investments in, or guaranties or other consideration given for the benefit of, Speedline and any other Subsidiaries of Borrower that are not organized under the laws of a state of the United States in excess of the aggregate of, for all such loans, investments, guaranties or other considerations, One Hundred Fifty Million Dollars ($150,000,000).
Investments and Loans. No Loan Party and no other Subsidiary shall make any Investments or extend any loans or credit facilities to any Persons, except:
