INVESTMENTS IN OR TO OTHER PERSONS Sample Clauses

INVESTMENTS IN OR TO OTHER PERSONS. Make or commit to make any Investment in or to any other Person (including, without limitation, any Subsidiary) other than (i) advances to employees for business expenses not to exceed $10,000 in the aggregate outstanding for any one employee and not to exceed $50,000 in the aggregate outstanding at any one time to all such employees, (ii) other employee loans not to exceed $100,000 in the aggregate outstanding at any one time to all such employees, (iii) Cash Equivalent Investments, (iv), Investments in accounts, contract rights and chattel paper (as defined in the Uniform Commercial Code) and notes receivable, arising or acquired in the ordinary course of business, (v) Investments constituting Permitted Acquisitions and (vi) Investments described on EXHIBIT 5.2.2.
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INVESTMENTS IN OR TO OTHER PERSONS. Make or commit to make any Investment in or to any other Person (including, without limitation, any Subsidiary) other than (i) advances to employees for business expenses not to exceed $10,000 in the aggregate outstanding for any one employee and not to exceed $100,000 in the aggregate outstanding at any one time to all such employees, (ii) other employee loans not to exceed $100,000 in the aggregate outstanding at any one time to all such employees, (iii) Cash Equivalent Investments, (iv) Indebtedness permitted under Section 5.2.8.6 (v) Investments in accounts, contract rights and chattel paper (as defined in the Uniform Commercial Code) and notes receivable, arising or acquired in the ordinary course of business, (vi) full recourse promissory notes of officers and key employees of Borrower made by such individuals to Borrower in consideration for the issuance by Borrower of shares of restricted stock, which stock has been or will be pledged to Borrower to secure such notes, and (vii) Investments (A) in acquisitions of all or any part of the assets of or ownership interests in another Person (other than a Subsidiary), provided that the cash consideration paid by Borrower for such acquisition(s) does not exceed $250,000 in the aggregate in any fiscal year and the minimum percentage ownership interests set forth in the definition of "Change of Control" are maintained or (B) in Subsidiaries, in the form of capital contribution or otherwise, provided that the cash consideration paid for or contributed to such Subsidiaries does not exceed $1,000,000 in the aggregate over the period from the Closing Date to the Revolving Credit Repayment Date and the Borrower and such Subsidiaries shall have executed and delivered to the Agent such guaranties, security agreements, pledges and other instruments or documents reasonably requested by Agent to add the assets of such Subsidiary or Borrower's ownership interest in it, or both to the collateral provided to the Lenders for the Loans hereunder, and, in the case of (A) and (B), provided that before and after making such Investment no Event of Default shall have occurred and be continuing and there shall be no circumstances which, with notice or the passage of time, would constitute an Event of Default; and (viii) $97,000 investment in Transcendent Design, Inc.
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INVESTMENTS IN OR TO OTHER PERSONS. Make or commit -------------- ---------------------------------- to make any Investment in or to any other Person (including, without limitation, any Subsidiary) other than (i) advances to employees for business expenses not to exceed $10,000 in the aggregate outstanding for any one employee and not to exceed $50,000 in the aggregate outstanding at any one time to all such employees, (ii) other employee loans not to exceed $100,000 in the aggregate outstanding at any one time to all such employees, (iii) Cash Equivalent Investments, (iv) Investments by the Borrower in any Subsidiary (a) which is organized under the laws of a state in the United States of America and substantially all of the assets of which are located in the United States of America or (b) which is organized under the laws of a nation under the laws of which the Agent could obtain, on behalf of the Lenders, a first priority perfected Lien; provided that at all times at least 85% of the higher of the cost or fair market value of the Borrower's and any Subsidiaries' assets taken as a whole shall be at all times located in the United States of America, all determined in accordance with GAAP, and in the case of (iv)(a) and (b) the assets and Borrower-owned capital stock of which is encumbered by first priority perfected Liens in form and substance satisfactory to the Agent granted to and held by the Agent for the benefit of the Lenders, (v) Investments in accounts, contract rights and chattel paper (as defined in the Uniform Commercial Code) and notes receivable, arising or acquired in the ordinary course of business and (vi) Investments described on Exhibit 5.2.2. --------------
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INVESTMENTS IN OR TO OTHER PERSONS. Make or commit to make any Investment in or to any other Person (including, without limitation, any Subsidiary) other than (i) advances to employees for business expenses not to exceed $50,000 in the aggregate outstanding for any one employee and not to exceed $250,000 in the aggregate outstanding at any one time to all such employees, (ii) other employee loans not to exceed $100,000 in the aggregate outstanding at any one time to all such employees, (iii) Cash Equivalent Investments, (iv) Investments in accounts, contract rights and chattel paper (as defined in the Uniform Commercial Code) and notes receivable, arising or acquired in the ordinary course of business, (v) Investments in Secured Domestic Subsidiaries, (vi) Investments in Wells Japan not to exceed $1,500,000 in the aggregate outstxxxxxg at any one time, (vii) Investments in Wells Singapore not to exceed $500,000 in the aggregate outstanding at any one time, and (viii) Investments described on EXHIBIT 5.2.2.
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INVESTMENTS IN OR TO OTHER PERSONS. Make or commit to make any Investment in or to any other Person (including, without limitation, any Subsidiary) other than (i) advances to employees for business expenses not to exceed $50,000 in the aggregate outstanding for any one employee and not to exceed $250,000 in the aggregate outstanding at any one time to all such employees, (ii) other employee loans not to exceed $100,000 in the aggregate outstanding at any one time to all such employees, (iii) Cash Equivalent Investments, (iv) Investments in accounts, contract rights and chattel paper (as defined in the Uniform Commercial Code) and notes receivable, arising or acquired in the ordinary course of business, (v) Investments in Secured Domestic Subsidiaries, (vi) Investments in Wxxxx Japan not to exceed $2,500,000 in the aggregate outstanding at any one time, and (vii) Investments described on Exhibit 5.2.2.
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INVESTMENTS IN OR TO OTHER PERSONS. Make or commit to make any Investment in or to any other Person (including, without limitation, any Subsidiary) other than (i) advances to employees for business expenses not to exceed $10,000 in the aggregate outstanding for any one employee and not to exceed $50,000 in the aggregate outstanding at any one time to all such employees, (ii) other employee loans extended after the Closing Date in amounts not to exceed $10,000 in the aggregate outstanding for any one employee and not to exceed $100,000 in the aggregate outstanding at any one time to all such employees except that the Borrower shall be permitted to make loans of up to $500,000 in the aggregate outstanding at any time with terms. not to exceed one year to employees relocating to the Borrower for financing housing on an interim basis for such employees and their families, (iv) Cash Equivalent Investments, (v) Investments in accounts, contract rights and chattel paper (as defined in the Uniform Commercial Code) and notes receivable, arising or acquired in the ordinary course of business, (vi) Investments described on EXHIBIT 5.2.2 and (vii) establishment of a wholly-owned "Foreign International Sales Corporation" as defined in the Code or any other Subsidiary; provided that any such Subsidiaries' assets or Investment by the Borrower therein shall not exceed in the aggregate at any time 10% of Consolidated Net Worth.
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INVESTMENTS IN OR TO OTHER PERSONS. Make or commit -------------- ---------------------------------- to make any Investment in or to any other Person (including, without limitation, any Subsidiary) other than (i) advances to employees for business expenses not to exceed $25,000 in the aggregate outstanding for any one employee and not to exceed $100,000 in the aggregate outstanding at any one time to all such employees, (ii) other employee loans not to exceed $500,000 in the aggregate outstanding at any one time to all such employees, (iii) Cash Equivalent Investments, (iv),
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INVESTMENTS IN OR TO OTHER PERSONS. (a) Make or commit to make any Investment in or to any other Person (including without limitation any Subsidiary) other than (i) advances to employees for business expenses not to exceed $10,000 in the aggregate outstanding for any one employee and not to exceed $25,000 in the aggregate outstanding at any one time to all such employees, (ii) Cash Equivalent Investments and (iii) Investments in accounts, contract rights and chattel paper (as defined in the Uniform Commercial Code) and notes receivable, arising or acquired in the ordinary course of business.
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Related to INVESTMENTS IN OR TO OTHER PERSONS

  • Investments in Other Persons Make or hold, or permit any of its Subsidiaries to make or hold, any Investment in any Person, except:

  • Interests in Other Entities The Company does not own or control, directly or indirectly, an interest in any corporation, partnership, limited liability company, joint venture, trust or other entity.

  • Investments in Competitors Neither Acquiror nor any shareholder thereof owns directly or indirectly any interests or has any investment in any person that is a competitor of Acquiror or one of the Target Companies.

  • Subsidiaries and Investments The Company does not own, directly or indirectly, any capital stock or other equity, ownership or proprietary interest in any corporation, partnership, association, trust, joint venture or other entity (each a "Company Subsidiary").

  • Subsidiaries and Equity Investments (a) Section 3.3 of the Company Disclosure Schedule sets forth (i) the name of each corporation that is a "Significant Subsidiary" (as such term is defined in Rule 1-02 of Regulation S-X of the Securities and Exchange Commission (the "Commission") (such subsidiaries hereinafter referred to collectively as "Subsidiaries" and individually as a "Subsidiary", and collectively with the Company, the "Companies")), (ii) the name of each corporation, partnership, joint venture or other entity (other than the Subsidiaries) in which any of the Companies has, or pursuant to any agreement has the right or obligation to acquire at any time by any means, directly or indirectly, an equity interest or investment; (iii) in the case of each of such corporations described in clauses (i) and (ii) above, (A) the jurisdiction of incorporation, (B) the capitalization thereof and the percentage of each class of voting capital stock owned by any of the Companies, (C) a description of any contractual limitations on the holder's ability to vote or alienate such securities, (D) a description of any outstanding options or other rights to acquire securities of such corporation, and (E) a description of any other contractual charge or impediment which would materially limit or impair any of the Companies' ownership of such entity or interest or its ability effectively to exercise the full rights of ownership of such entity or interest; and (iv) in the case of each of such unincorporated entities, information substantially equivalent to that provided pursuant to clause (iii) above with regard to corporate entities.

  • TRANSACTIONS WITH OTHER INVESTMENT ADVISERS The Advisor is not an affiliated person of any investment adviser responsible for providing advice with respect to any other series of the Trust, or of any promoter, underwriter, officer, director, member of an advisory board or employee of any other series of the Trust. The Advisor shall not consult with the investment adviser of any other series of the Trust concerning transactions for the Fund or any other series of the Trust.

  • Transactions With Affiliates and Employees Except as set forth on Schedule 3.1(r), none of the officers or directors of the Company or any Subsidiary and, to the knowledge of the Company, none of the employees of the Company or any Subsidiary is presently a party to any transaction with the Company or any Subsidiary (other than for services as employees, officers and directors), including any contract, agreement or other arrangement providing for the furnishing of services to or by, providing for rental of real or personal property to or from, providing for the borrowing of money from or lending of money to or otherwise requiring payments to or from any officer, director or such employee or, to the knowledge of the Company, any entity in which any officer, director, or any such employee has a substantial interest or is an officer, director, trustee, stockholder, member or partner, in each case in excess of $120,000 other than for (i) payment of salary or consulting fees for services rendered, (ii) reimbursement for expenses incurred on behalf of the Company and (iii) other employee benefits, including stock option agreements under any stock option plan of the Company.

  • Subsidiaries and Other Equity Investments and Equity Interests in the Borrower and Each Subsidiary Guarantor

  • No Restrictions on Subsidiary Distributions to Company or Other Subsidiaries Except as provided herein, Company will not, and will not permit any of its Subsidiaries to, create or otherwise cause or suffer to exist or become effective any consensual encumbrance or restriction of any kind on the ability of any such Subsidiary to (i) pay dividends or make any other distributions on any of such Subsidiary's capital stock owned by Company or any other Subsidiary of Company, (ii) repay or prepay any Indebtedness owed by such Subsidiary to Company or any other Subsidiary of Company, (iii) make loans or advances to Company or any other Subsidiary of Company, or (iv) transfer any of its property or assets to Company or any other Subsidiary of Company.

  • Subsidiaries and Owners; Investment Companies Schedule 6.1.2 states (i) the name of each of the Borrowers' Subsidiaries, its jurisdiction of organization and the amount, percentage and type of equity interests in such Subsidiary (the "Subsidiary Equity Interests"), (ii) the name of each holder of an equity interest in the Borrowers (except for Parent), and the amount, percentage and type of such equity interest, and (iii) any options, warrants or other rights outstanding to purchase any such equity interests referred to in clause (i) or (ii). The Borrowers and each Subsidiary of the Borrowers have good and marketable title to all of the Subsidiary Equity Interests it purports to own, free and clear in each case of any Lien and all such Subsidiary Equity Interests have been validly issued, fully paid and nonassessable. None of the Loan Parties or Subsidiaries of any Loan Party is an "investment company" registered or required to be registered under the Investment Company Act of 1940 or under the "control" of an "investment company" as such terms are defined in the Investment Company Act of 1940 and shall not become such an "investment company" or under such "control."

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