Common use of LOANS, INVESTMENTS, SECONDARY LIABILITIES Clause in Contracts

LOANS, INVESTMENTS, SECONDARY LIABILITIES. Make any loans or advances to any person or other entity other than in the ordinary and normal course of its business as now conducted or make any investment in the securities of any person or other entity other than the United States Government or commercial paper maturing no more than one (1) year from the date of creation thereof and currently having the highest rating obtainable from either Standard & Poor's Corporation or Xxxxx'x Investors Service, Ind., or certificates of deposit maturing more than one (1) year from the date of investment therein issued by Bank; or guarantee or otherwise become liable upon the

Appears in 1 contract

Samples: Imperial Bank Credit Agreement (American National Financial Inc)

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LOANS, INVESTMENTS, SECONDARY LIABILITIES. Make any loans or advances to any person or other entity other than in the ordinary and normal course of its business as now conducted or make any investment in the securities of any person or other entity other than the United States Government or commercial paper maturing no more than one (1) year from the date of creation thereof and currently having the highest rating obtainable from either Standard & Poor's Corporation or Xxxxx'x Investors Moodx'x Xxxestors Service, Ind., or certificates of deposit maturing more than one (1) year from the date of investment therein issued by Bank; or guarantee or otherwise become liable upon thethe obligation of any person or other entity, except by endorsement of negotiable instruments for deposit or collection in the ordinary and normal course of its business.

Appears in 1 contract

Samples: Credit Terms and Conditions (Alpha Microsystems)

LOANS, INVESTMENTS, SECONDARY LIABILITIES. Make any loans or advances to any person or other entity other than in the ordinary and normal course of its business as now conducted or make any investment in the securities of any person or other entity other than the United States Government or commercial paper maturing no more than one (1) year from the date of creation thereof and currently having the highest rating obtainable from either Standard & Poor's Corporation or Xxxxx'x Investors Service, Ind., or certificates of deposit maturing more than one (1) year from the date of investment therein issued by Bank; or guarantee or otherwise become liable upon thethe obligation of any person or other entity, except by endorsement of negotiable instruments for deposit or collection in the ordinary and normal course of its business.

Appears in 1 contract

Samples: Imperial Bank Credit Agreement (American National Financial Inc)

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LOANS, INVESTMENTS, SECONDARY LIABILITIES. Make any loans or advances to any person or other entity other than in the ordinary and normal course of its business as now conducted or make any investment in the securities of any person or other entity other than the United States Government or commercial paper maturing no more than one (1) year from the date of creation thereof and currently having the highest rating obtainable from either Standard & Poor's Corporation or Xxxxx'x Moodx'x Investors Service, Ind., or certificates of deposit maturing more than one (1) year from the date of investment therein issued by Bank; or guarantee or otherwise become liable upon thethe obligation of any person or other entity, except by endorsement of negotiable instruments for deposit or collection in the ordinary and normal course of its business.

Appears in 1 contract

Samples: Security and Loan Agreement (Alpha Microsystems)

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