Common use of Investments by Borrower Clause in Contracts

Investments by Borrower. Make any investments by way of deposits, loans or in share capital of any other concerns (including subsidiaries) beyond projected and accepted level by the Lender so long as any money remains due and payable to the Lender; the Borrower will however be free to deposit funds by way of security with third party in the normal course of business or if required for the business.

Appears in 3 contracts

Samples: Loan Agreement (Videocon D2h LTD), Loan Agreement (Videocon D2h LTD), Loan Agreement (Videocon D2h LTD)

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Investments by Borrower. Make any investments by way of deposits, loans or in share capital of any other concerns (including subsidiaries) beyond projected and accepted level by the Lender so long as any money remains due and payable to the Lender; the Borrower will however be free to deposit funds by way of security with third party in the normal course of business or if required for the business.

Appears in 1 contract

Samples: Loan Agreement (Videocon D2h LTD)

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