Loans, Investments, Etc. Borrower shall not, and shall not permit any Subsidiary to, directly or indirectly, make, or suffer or permit to exist, any loans or advance money or property to any person, or any investment in (by capital contribution, dividend or otherwise) or purchase or repurchase the Capital Stock or Indebtedness or all or a substantial part of the assets or property of any person, or form or acquire any Subsidiaries, or agree to do any of the foregoing, except: (a) the endorsement of instruments for collection or deposit in the ordinary course of business;
Appears in 2 contracts
Samples: Loan and Security Agreement (American Biltrite Inc), Loan and Security Agreement (Congoleum Corp)
Loans, Investments, Etc. Borrower shall not, and shall not permit any Subsidiary to, directly or indirectly, make, or suffer or permit to exist, any loans or advance money or property to any person, or any investment in (by capital contribution, dividend or otherwise) or purchase or repurchase the Capital Stock or Indebtedness indebtedness or all or a substantial part of the assets or property of any personPerson, or form guarantee, assume, endorse or acquire otherwise become responsible for (directly or indirectly) the indebtedness, performance, obligations or dividends of any SubsidiariesPerson, or agree to do any of the foregoing, except:
(a) the endorsement of instruments for collection or deposit in the ordinary course of business;
Appears in 2 contracts
Samples: Loan and Security Agreement (Ulta Salon, Cosmetics & Fragrance, Inc.), Loan and Security Agreement (Ulta Salon, Cosmetics & Fragrance, Inc.)
Loans, Investments, Etc. Each Borrower shall not, and shall not permit any Subsidiary to, directly or indirectly, make, or suffer or permit to exist, make any loans or advance money or property to any personperson (excluding prepayments by Borrowers, in the ordinary course of their business, on account of goods purchased by and services rendered to Borrowers), or any investment invest in (by capital contribution, dividend or otherwise) or purchase or repurchase the Capital Stock or Indebtedness or all or a substantial part of the assets or property of any person, or form or acquire any Subsidiaries, or agree to do any of the foregoing, except:
(a) the endorsement of instruments for collection or deposit in the ordinary course of business;β
Appears in 1 contract
Loans, Investments, Etc. Borrower shall not, and shall not permit cause any Subsidiary not to, directly or indirectly, make, or suffer or permit to exist, any loans or advance advances of money or property to any person, or any investment investments in (by capital contribution, dividend or otherwise) ), or any purchase or repurchase of the Capital Stock or Indebtedness or all or a substantial part of the assets or property of any personPerson, or form or acquire any Subsidiaries, or agree to do any of the foregoing, except:
(a) the endorsement of instruments for collection or deposit in the ordinary course of business;other than Permitted Investments.
Appears in 1 contract
Samples: Loan and Security Agreement (Value Financial Services, Inc.)
Loans, Investments, Etc. Each Borrower shall not, and shall not permit any Subsidiary to, directly or indirectly, make, or suffer or permit to exist, make any loans or advance money or property to any person, or any investment invest in (by capital contribution, dividend or otherwise) or purchase or repurchase the Capital Stock or Indebtedness or all or a substantial part of the assets or property of any person, or form or acquire any Subsidiaries, or agree to do any of the foregoingforegoing (unless conditioned upon Agent's consent), except:
(a) the endorsement of instruments for collection or deposit in the ordinary course of business;
Appears in 1 contract
Samples: Loan and Security Agreement (Lexington Precision Corp)
Loans, Investments, Etc. Each Borrower shall not, and shall not permit any Subsidiary to, directly or indirectly, make, or suffer or permit to exist, make any loans or advance money or property to any personperson (which shall not be deemed to include Accounts arising from the sale of goods and services in the ordinary course of business), or any investment invest in (by capital contribution, dividend or otherwise) or purchase or repurchase the Capital Stock or Indebtedness or all or a substantial part of the assets or property of any person, or form or acquire any Subsidiaries, or agree to do any of the foregoing, except:
(a) the endorsement of instruments for collection or deposit in the ordinary course of business;
Appears in 1 contract
Samples: Loan and Security Agreement (Haynes International Inc)
Loans, Investments, Etc. Each Borrower shall not, and shall not permit any Subsidiary to, directly or indirectly, make, or suffer or permit to exist, make any loans or advance money or property to any person, or any investment invest in (by capital contribution, dividend or otherwise) or purchase or repurchase the Capital Stock or Indebtedness or all or a substantial part of the assets or property of any person, or form or acquire any Subsidiaries, or agree to do any of the foregoing, except:
(a) the endorsement of instruments for collection or deposit in the ordinary course of business;
Appears in 1 contract
Samples: Loan and Security Agreement (Pacific Ethanol, Inc.)
Loans, Investments, Etc. Borrower shall not, and shall not nor permit any Subsidiary of its Subsidiaries to, directly or indirectly, make, or suffer or permit to exist, any loans or advance money or property to any personPerson, or any investment in (by capital contribution, dividend or otherwise) or purchase or repurchase the Capital Stock or Indebtedness or all or a substantial part of the assets or property of any personPerson, or form or acquire any Subsidiaries, or agree to do any of the foregoing, except:
(a) the endorsement of instruments for collection or deposit in the ordinary course of business;
Appears in 1 contract
Samples: Loan and Security Agreement (BlueLinx Holdings Inc.)