Common use of Investments; Distributions Clause in Contracts

Investments; Distributions. (a) Directly or indirectly make any Investment other than Permitted Investments, or permit any of its Subsidiaries to do so; or (b) pay any dividends or make any distribution or payment or redeem, retire or purchase any capital stock.

Appears in 5 contracts

Samples: Debtor in Possession Loan and Security Agreement, Debtor in Possession Loan and Security Agreement (Capital Growth Systems Inc /Fl/), Loan and Security Agreement (Paradigm Holdings, Inc)

AutoNDA by SimpleDocs

Investments; Distributions. (ai) Directly or indirectly acquire or own any -------------------------- Person, or make any Investment in any Person, other than Permitted Investments, or permit any of its Subsidiaries to do so; or (bii) pay any dividends or make any distribution or payment or redeem, retire or purchase any capital stock.

Appears in 3 contracts

Samples: Loan and Security Agreement (Lantronix Inc), Loan Agreement (Lantronix Inc), Loan Agreement (Aml Communications Inc)

Investments; Distributions. (a) Directly or indirectly acquire or own any Person, or make any Investment in any Person, other than Permitted Investments, or permit any of its Subsidiaries to do so; or (b) pay any dividends or make any distribution or payment or redeem, retire or purchase any capital stockstock other than Permitted Distributions.

Appears in 2 contracts

Samples: Loan and Security Agreement (Airspan Networks Inc), Loan and Security Agreement (Airspan Networks Inc)

AutoNDA by SimpleDocs

Investments; Distributions. (a) Directly or indirectly make any Investment other than Permitted Investments, or permit any of its Subsidiaries to do so; or (b) pay any dividends or make any distribution or payment or redeem, retire or purchase any capital stockstock other than Permitted Distributions.

Appears in 1 contract

Samples: Loan and Security Agreement (Evergreen Solar Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!