Common use of Massachusetts Security Corporation Clause in Contracts

Massachusetts Security Corporation. With regard to any Restricted Subsidiary that is a Massachusetts Security Corporation, conduct, transact or otherwise engage in any material operating or business activities other than investment activities that would not reasonably be expected to result in the loss of such Person’s qualification as a Massachusetts “security corporation” under Mass. Gen. L. c. 63, §38B.

Appears in 3 contracts

Samples: Credit Agreement (Vertex Pharmaceuticals Inc / Ma), Credit Agreement (Vertex Pharmaceuticals Inc / Ma), Credit Agreement (Vertex Pharmaceuticals Inc / Ma)

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Massachusetts Security Corporation. With regard to any Restricted Subsidiary that is a the Massachusetts Security Corporation, conduct, transact or otherwise engage in any material operating or business activities other than investment activities that would not reasonably be expected to result in the loss of such Personthe Massachusetts Security Corporation’s qualification as a Massachusetts security corporation” corporation under Mass. Gen. L. c. 63, §38B.

Appears in 2 contracts

Samples: Credit Agreement (Vertex Pharmaceuticals Inc / Ma), Credit Agreement (Vertex Pharmaceuticals Inc / Ma)

Massachusetts Security Corporation. With regard to any Restricted Subsidiary that is a Massachusetts Security Corporation, conduct, transact or otherwise engage in any material operating or business activities other than investment activities that would not reasonably be expected to result in the loss of such Person’s qualification as a Massachusetts security corporation” corporation under Mass. Gen. L. c. 63, §38B.

Appears in 1 contract

Samples: Credit Agreement (Vertex Pharmaceuticals Inc / Ma)

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Massachusetts Security Corporation. With regard to any Restricted Subsidiary that is a Massachusetts Security Corporation, conduct, transact or otherwise engage in any material operating or business activities other than investment activities that would not reasonably be expected to result in the loss of such PersonMassachusetts Security Corporation’s qualification as a Massachusetts “security corporation” such under Mass. Gen. L. c. 63, §section 38B.

Appears in 1 contract

Samples: Credit Agreement (Bioverativ Inc.)

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