Miscellaneous Covenants. (a) Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs Borrower’s ability to perform under this Agreement, or under any other instrument, agreement or document to which Borrower is a party or by which it is or may be bound. (b) Borrower shall not carry or purchase any “margin stock” within the meaning of Regulations U, T or X of the Board of Governors of the Federal Reserve System, 12 C.F.R., Chapter II.
Appears in 5 contracts
Samples: Loan Agreement (Newtek Business Services Corp.), Loan and Security Agreement (Newtek Business Services, Inc.), Loan and Security Agreement (Newtek Business Services, Inc.)
Miscellaneous Covenants. (a) a. Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs Borrower’s 's ability to perform under this Agreement, or under any other instrument, agreement or document to which Borrower is a party or by which it is or may be bound.
(b) b. Borrower shall not carry or purchase any “"margin stock” " within the meaning of Regulations U, T or X of the Board of Governors of the Federal Reserve System, 12 C.F.R., Chapter II.
Appears in 3 contracts
Samples: Loan and Security Agreement (WPCS International Inc), Loan and Security Agreement (Empire Resorts Inc), Loan and Security Agreement (Blonder Tongue Laboratories Inc)
Miscellaneous Covenants. (a) a. Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs Borrower’s ability to perform under this Agreement, or under any other instrument, agreement or document to which Borrower is a party or by which it is or may be bound.
(b) b. Borrower shall not carry or purchase any “margin stock” within the meaning of Regulations U, T or X of the Board of Governors of the Federal Reserve System, 12 C.F.R., Chapter II.
Appears in 2 contracts
Samples: Loan and Security Agreement (Fly-E Group, Inc.), Loan and Security Agreement (Newtek Business Services Inc)
Miscellaneous Covenants. (a) A Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs such Borrower’s ability to perform under this Agreement, any other Loan Document, or under any other instrument, agreement or document to which such Borrower is a party or by which it is or may be bound.
(b) A Borrower shall not carry or purchase any “margin stock” within the meaning of Regulations U, G, T or X of the Board of Governors of the Federal Reserve SystemBoard, 12 C.F.R., Chapter II.
Appears in 2 contracts
Samples: Loan Agreement (RCM Technologies, Inc.), Loan Agreement (RCM Technologies, Inc.)
Miscellaneous Covenants. (a) Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs Borrower’s 's ability to perform under this Agreement, or under any other instrument, agreement or document to which Borrower is a party or by which it is or may be bound.
(b) Borrower shall not carry or purchase any “"margin stock” " within the meaning of Regulations U, G, T or X of the Board of Governors of the Federal Reserve System, 12 C.F.R., Chapter II.
Appears in 2 contracts
Samples: Loan and Security Agreement (RCM Technologies Inc), Loan and Security Agreement (Qk Healthcare Inc)
Miscellaneous Covenants. (a) No Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs such Borrower’s 's ability to perform under this Agreement, or under any other instrument, agreement or document to which such Borrower is a party or by which it is or may be bound.
(b) No Borrower shall not carry or purchase any “"margin stock” " within the meaning of Regulations U, G, T or X of the Board of Governors of the Federal Reserve System, 12 C.F.R., Chapter II.
Appears in 2 contracts
Samples: Senior Loan and Security Agreement (Interpool Inc), Loan and Security Agreement (Phoenix Color Corp)
Miscellaneous Covenants. (a) a. No Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs Borrower’s ability to perform under this Agreement, or under any other instrument, agreement or document to which such Borrower is a party or by which it is or may be bound.
(b) b. No Borrower shall not carry or purchase any “margin stock” within the meaning of Regulations U, T or X of the Board of Governors of the Federal Reserve System, 12 C.F.R., Chapter II.
Appears in 2 contracts
Samples: Loan and Security Agreement (Amerinac Holding Corp.), Loan and Security Agreement (Amerinac Holding Corp.)
Miscellaneous Covenants. (a) No Borrower shall not may become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs any Borrower’s 's ability to perform under this Agreement, Agreement or under any other instrument, agreement or document to which any Borrower is a party or by which it is or may be bound.; and
(b) No Borrower shall not or Parent may carry or purchase any “"margin stock” security" within the meaning of Regulations UT, T U or X of the Board of Governors of the Federal Reserve System, 12 C.F.R., Chapter II.
Appears in 1 contract
Samples: Loan and Security Agreement (Pia Merchandising Services Inc)
Miscellaneous Covenants. (a) a. Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs Borrower’s 's ability to perform under this Agreement, or under any other instrument, agreement or document to which Borrower is a party or by which it is or may be bound.
(b) b. Borrower shall not carry or purchase any “margin stock” within the meaning of Regulations U, T or X of the Board of Governors of the Federal Reserve System, 12 C.F.R., Chapter II.
Appears in 1 contract
Miscellaneous Covenants. (a) a. Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs Borrower’s 's ability to perform under this Agreement, or under any other instrumentinstru-ment, agreement or document to which Borrower is a party or by which it is or may be bound.
(b) b. Borrower shall not carry or purchase any “margin stock” within the meaning of Regulations U, T or X of the Board of Governors of the Federal Reserve System, 12 C.F.R., Chapter II.
Appears in 1 contract
Miscellaneous Covenants. (a) The Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs the Borrower’s ability to perform under this Agreement, any other Loan Document, or under any other instrument, agreement or document to which the Borrower is a party or by which it is or may be bound.
(b) The Borrower shall not carry or purchase any “"margin stock” " within the meaning of Regulations U, G, T or X of the Board of Governors of the Federal Reserve System, 12 C.F.R., Chapter II.
Appears in 1 contract
Miscellaneous Covenants. (a) A Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs such Borrower’s 's ability to perform under this Agreement, any other Loan Document, or under any other instrument, agreement or document to which such Borrower is a party or by which it is or may be bound.
(b) A Borrower shall not carry or purchase any “"margin stock” " within the meaning of Regulations U, G, T or X of the Board of Governors of the Federal Reserve System, 12 C.F.R., Chapter II.
Appears in 1 contract
Miscellaneous Covenants. (a) a. Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs Borrower’s ability to perform under this Agreement, or under any other material instrument, agreement or document to which Borrower is a party or by which it is or may be bound.
(b) b. Borrower shall not carry or purchase any “margin stock” within the meaning of Regulations U, T or X of the Board of Governors of the Federal Reserve System, 12 C.F.R., Chapter II.
Appears in 1 contract
Samples: Loan and Security Agreement (Point Therapeutics Inc)
Miscellaneous Covenants. (a) No Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs such Borrower’s 's ability to perform under this Agreement, or under any other instrument, agreement or document to which such Borrower is a party or by which it is or may be bound.
(b) No Borrower shall not carry or purchase any “"margin stock” " within the meaning of Regulations U, T or X of the Board of Governors of the Federal Reserve System, 12 C.F.R., Chapter II.
Appears in 1 contract
Miscellaneous Covenants. (a) Neither Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs such Borrower’s 's ability to perform under this Agreement, or under any other instrument, agreement or document to which such Borrower is a party or by which it is or may be bound.
(b) Neither Borrower shall not carry or purchase any “"margin stock” " within the meaning of Regulations U, G, T or X of the Board of Governors of the Federal Reserve System, 12 C.F.R., Chapter II.
Appears in 1 contract
Samples: Loan and Security Agreement (Capital Associates Inc)
Miscellaneous Covenants. (a) Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs Borrower’s 's ability to perform under this Agreement, or under any other instrument, agreement or document to which Borrower is a party or by which it is or may be bound.
(b) . Borrower shall not carry or purchase any “"margin stock” " within the meaning of Regulations U, T or X of the Board of Governors of the Federal Reserve System, 12 C.F.R., Chapter II.
Appears in 1 contract
Samples: Loan and Security Agreement (Newtek Business Services Inc)
Miscellaneous Covenants. (a) Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs Borrower’s 's ability to perform under this Agreement, or under any other material instrument, agreement or document to which Borrower is a party or by which it is or may be bound.
(b) Borrower shall not carry or purchase any “"margin stock” " within the meaning of Regulations U, T or X of the Board of Governors of the Federal Reserve System, 12 C.F.R., Chapter II.
Appears in 1 contract
Samples: Loan and Security Agreement (Ecc International Corp)
Miscellaneous Covenants. (a) The Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs the Borrower’s 's ability to perform under this Agreement, any other Loan Document, or under any other instrument, agreement or document to which the Borrower is a party or by which it is or may be bound.
(b) The Borrower shall not carry or purchase any “"margin stock” " within the meaning of Regulations U, G, T or X of the Board of Governors of the Federal Reserve System, 12 C.F.R., Chapter II.
Appears in 1 contract
Miscellaneous Covenants. (a) Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs Borrower’s ability to perform under this Agreement, or under any other instrument, agreement or document to which Borrower is a party or by which it is or may be bound.
(b) Borrower shall not carry or purchase any “margin stock” within the meaning of Regulations U, T or X of the Board of Governors of the Federal Reserve System, 12 C.F.R., Chapter II.. 7.10
Appears in 1 contract
Samples: Loan and Security Agreement (Newtek Business Services Corp.)
