No Financial Assistance. The proceeds of any Advances have not been and will not be used to finance or refinance the acquisition of or subscription for shares in any Loan Party incorporated under the laws of the Netherlands.
No Financial Assistance. No indemnity given by any Debtor pursuant to this Clause 16 shall extend to obligations the indemnification of which would cause the relevant Debtor to act in breach of financial assistance legislation applicable to it under the laws of its jurisdiction of incorporation.
No Financial Assistance. (a) On the date on which each Australian Loan Party enters into the Loan Documents to which it is a party and after giving effect to the Transactions, the execution and delivery by each such Australian Loan Party of any Loan Document to which it is a party or the participation by it in any transaction in connection with such Loan Document to which it is a party will not contravene Chapter 2E or Part 2J of the Australian Corporations Act.
No Financial Assistance. No Group Party shall give any Financial Assistance to any Person at any time when a Default or Event of Default has occurred or will occur as a result of giving the Financial Assistance.
No Financial Assistance. The proceeds of the Facility have not been used to finance or refinance the acquisition of or subscription for shares in any Guarantor incorporated in:
No Financial Assistance. Give any Financial Assistance to any Person other than:
No Financial Assistance. Neither the Company nor any subsidiary shall provide any financial assistance (directly or indirectly) to any person in order for them to acquire shares in the Company for the purposes of the Plan where this would be unlawful under applicable laws.
No Financial Assistance. The proceeds of the Loans have not been and will not be used to finance or refinance the acquisition of or subscription for shares in any Belgian Guarantor (save for share buy-backs carried out in accordance with Belgian company law).
No Financial Assistance. The Subscriber (and any Disclosed Beneficial Subscriber) has not received, nor does it expect to receive any financial assistance from the Issuer, directly or indirectly, in respect of the Subscribers’ purchase of Securities; (xxiv)
No Financial Assistance. Company (which for purposes of this Section 4.8 shall mean only Mohawk Industries, Inc., and not any applicable Affiliated Company) covenants and agrees for the period beginning on the Effective Date and continuing until and including the fifth anniversary of this Agreement, Company will not accept any Financial Assistance (as defined herein) from any other public entity, to the extent such Financial Assistance is given for the purpose of causing Company’s relocation of all or substantially all of its business activities from the unincorporated area of the County to another facility located outside of the unincorporated area of the County. In the event of Company’s relocation of all or substantially all of its business activities during that time period and the receipt by Company of Financial Assistance from such other political entity as an inducement for such relocation, Company shall pay to County, as County’s sole and exclusive remedy for Company’s breach of such covenant, an amount equal to the payment made to Company for the prior one full Fiscal Quarter (“Termination Payment”). Any acceptance of Financial Assistance by Company after the fifth anniversary of this Agreement shall require no Termination Payment. The payment of the Termination Payment shall survive the termination of this Agreement. For purposes of this Agreement, “Financial Assistance” shall mean the payment to the Company by the public entity in whose jurisdiction the Company’s business has been relocated, amounts measured by the amount of sales tax revenues received by such public entity in respect of the sales generated by the Company in such new facility.
