Common use of Limitation on Investments, Loans and Advances Clause in Contracts

Limitation on Investments, Loans and Advances. Make any advance, loan, extension of credit or capital contribution to, or purchase any stock, bonds, notes, debentures or other securities of or any assets constituting a business unit of, or make any other investment in, any Person ("Investments"), except: (a) extensions of trade credit in the ordinary course of business; (b) investments in Cash Equivalents; (c) loans to officers of the Borrower listed on Schedule 7.9

Appears in 3 contracts

Samples: Credit Agreement (L 3 Communications Corp), 364 Day Credit Agreement (L 3 Communications Corp), Credit Agreement (Southern California Microwave Inc)

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Limitation on Investments, Loans and Advances. Make any advance, loan, extension of credit or capital contribution to, or purchase any stock, bonds, notes, debentures or other securities of or any assets constituting a business unit of, or make any other investment in, any Person ("Investments"), except: (a) extensions of trade credit in the ordinary course of business; (b) investments Investments in Cash Equivalents; (c) loans to officers of the Borrower listed on Schedule 7.9

Appears in 2 contracts

Samples: Credit Agreement (L 3 Communications Corp), 364 Day Credit Agreement (L 3 Communications Corp)

Limitation on Investments, Loans and Advances. Make any advance, loan, extension of credit or capital contribution to, or purchase any stock, bonds, notes, debentures or other securities of or any assets constituting a business unit of, or make any other investment in, any Person ("Investments"), except: (a) extensions of trade credit in the ordinary course of business; (b) investments in Cash Equivalents;; and (c) advances, loans to officers or extensions of the Borrower listed on Schedule 7.9credit permitted by Section 9.7(b) hereof.

Appears in 2 contracts

Samples: Master Loan Restructuring Agreement (Atwood Oceanics Inc), Master Loan Restructuring Agreement (Atwood Oceanics Inc)

Limitation on Investments, Loans and Advances. Make any advance, loan, extension of credit or capital contribution to, or purchase any stock, bonds, notes, debentures or other securities of or any assets constituting a business unit of, or make any other investment in, any Person ("Investments"), exceptexcept : (a) extensions of trade credit in the ordinary course of business; (b) investments in Cash Equivalents; (c) loans to officers of the Borrower listed on Schedule 7.9

Appears in 2 contracts

Samples: Credit Agreement (L 3 Communications Holdings Inc), Credit Agreement (L 3 Communications Holdings Inc)

Limitation on Investments, Loans and Advances. Make any advance, loan, extension of credit or capital contribution to, or purchase any stock, bonds, notes, debentures or other securities of or any assets constituting a business unit of, or make or permit to exist any other investment investment, in cash or by transfer of assets or property, in, any Person (each, an "InvestmentsInvestment"), except: (a) extensions of trade credit in the ordinary course of business; (b) investments in Cash Equivalents; (c) loans to officers of the Borrower listed on Schedule 7.9

Appears in 1 contract

Samples: Credit Agreement (Hayes Lemmerz International Inc)

Limitation on Investments, Loans and Advances. Make any advance, loan, extension of credit or capital contribution to, or purchase any stock, bonds, notes, debentures or other securities of or any assets constituting a business unit of, or make any other investment in, any Person ("Investments")Person, except: except : (a) extensions of trade credit in the ordinary course of business; ; (b) investments in Cash Equivalents; (c) loans to officers of the Borrower listed on Schedule 7.9; and

Appears in 1 contract

Samples: Credit Agreement (International Airline Support Group Inc)

Limitation on Investments, Loans and Advances. Make any advance, loan, extension of credit or capital contribution to, or purchase any stock, bonds, notes, debentures or other securities of or any assets constituting a business unit of, or make any other investment in, any Person ("Investments"), except: (a) extensions of trade credit in the ordinary course of business; (b) investments in Cash Equivalents; (c) loans to officers of the Borrower listed on Schedule 7.9

Appears in 1 contract

Samples: Credit Agreement (International Wire Group Inc)

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Limitation on Investments, Loans and Advances. Make any advance, loan, extension of credit or capital contribution to, or purchase any stock, bonds, notes, debentures or other securities of or any assets constituting a business unit of, or make any other investment in, any Person ("Investments")Person, except: (a) extensions of trade credit in the ordinary course of business; (b) investments in Cash Equivalents; (c) loans and advances to officers employees of the Borrower listed on Schedule 7.9Borrowers or their Subsidiaries for travel, entertainment and relocation expenses in the ordinary course of business; and

Appears in 1 contract

Samples: Credit Agreement (Hallwood Group Inc)

Limitation on Investments, Loans and Advances. Make any advance, loan, extension of credit or capital contribution to, or purchase purchase, acquire or hold any stock, bonds, notes, debentures or other securities (including any option, warrant or other right to acquire any of the foregoing) of or any assets constituting a business unit of, or make or permit to exist any other investment in, any Person (an "InvestmentsInvestment"), except: (a) extensions of trade credit in the ordinary course of business; (b) investments in Cash Equivalents; (c) loans to officers of the Borrower listed on Schedule 7.9

Appears in 1 contract

Samples: Credit Agreement (Juno Lighting Inc)

Limitation on Investments, Loans and Advances. Make any advance, loan, extension of credit or capital contribution to, or purchase any stock, bonds, notes, debentures or other securities of or any assets constituting a business unit of, or make any other investment in, any Person ("Investments")Person, except: (a) extensions of trade credit in the ordinary course of business; (b) investments in Cash Equivalents;; and (c) loans to officers investments in Unrestricted Subsidiaries consisting of capital contributions in an aggregate amount no greater than $1,000,000 (all of which shall be funded with the Borrower listed on Schedule 7.9proceeds of Permitted Issuances).

Appears in 1 contract

Samples: Credit Agreement (Deeptech International Inc)

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