Joint Ventures and Investments. (a) Except as permitted under clause (b) below, no Obligor shall (and Parent shall ensure that no other member of the Group will) (i) enter into, invest in or acquire (or agree to acquire) any shares, stocks, securities or other interest in any Joint Venture or (ii) transfer any assets or lend to, or guarantee or give an indemnity for, or xxxxx x Xxxx in respect of the obligations of a Joint Venture or maintain the solvency of or provide working capital to any Joint Venture (or agree to do any of the foregoing).
Appears in 4 contracts
Samples: Indenture (CGG), Indenture (CGG Marine B.V.), Indenture (CGG Marine B.V.)
Joint Ventures and Investments. (a) Except as permitted under clause paragraph (b) below, no Obligor shall (and Parent shall ensure that no other member of the Group will) (i) enter into, invest in or acquire (or agree to acquire) any shares, stocks, securities or other interest in any Joint Venture or (ii) transfer any assets or lend to, or guarantee or give an indemnity for, or xxxxx x Xxxx in respect of give Security for the obligations of a Joint Venture or maintain the solvency of or provide working capital to any Joint Venture (or agree to do any of the foregoing).
Appears in 4 contracts
Samples: Term Loan Credit Agreement (CGG), Credit Agreement (CGG), Credit Agreement (CGG)
Joint Ventures and Investments. (a) Except as permitted under clause paragraph (b) below, no Obligor shall (and Parent shall ensure that no other member of the Group will) (i) enter into, invest in or acquire (or agree to acquire) any shares, stocks, securities or other interest in any Joint Venture Venture; or (ii) transfer any assets or lend to, or guarantee or give an indemnity for, or xxxxx x Xxxx in respect of give Security for the obligations of a Joint Venture or maintain the solvency of or provide working capital to any Joint Venture (or agree to do any of the foregoing).
Appears in 2 contracts
Samples: Credit Agreement (CGG Veritas), Credit Agreement (CGG Veritas)
Joint Ventures and Investments. (a) Except as permitted under clause paragraph (b) below, no Obligor shall (and Parent the Borrower shall ensure that no other member of the Group will) (i) enter into, invest in or acquire (or agree to acquire) any shares, stocks, securities or other interest in any Joint Venture Venture; or (ii) transfer any assets or lend to, or guarantee or give an indemnity for, or xxxxx x Xxxx in respect of give Security for the obligations of a Joint Venture or maintain the solvency of or provide working capital to any Joint Venture (or agree to do any of the foregoing).
Appears in 1 contract
Samples: Credit Agreement (CGG Veritas)
