Common use of Material Investments Clause in Contracts

Material Investments. The Borrower will not, and will not permit any Material Subsidiary to, make material investments or enter into ventures of a material nature which are outside the scope of their normal course of business.

Appears in 3 contracts

Samples: Credit Agreement (Protective Products of America, Inc.), Credit Agreement (Protective Products of America, Inc.), Credit Agreement (Protective Products of America, Inc.)

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Material Investments. The Other than the Intercompany Loan, the Borrower will not, and will not permit any Material Subsidiary to, make material investments or enter into ventures of a material nature which are outside the scope of their normal course of business.”

Appears in 1 contract

Samples: Credit Agreement (Obsidian Energy Ltd.)

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Material Investments. The Borrower will not, and will not permit any Material Subsidiary to, make material investments or enter into ventures of a material nature which are outside the scope of their normal course of business.

Appears in 1 contract

Samples: Credit Agreement (Obsidian Energy Ltd.)

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