Common use of No Loans or Investments Except Approved Investments Clause in Contracts

No Loans or Investments Except Approved Investments. Without the prior written consent of Lender, make or permit to remain outstanding any loans or advances to, or investments in, any Person, except that the foregoing restriction shall not apply to: (a) investments in marketable obligations maturing no later than 180 days from the date of acquisition thereof by the Company and issued and fully guaranteed, directly, by the full faith and credit of the Government of the United States of America or any agency thereof, and (b) investments in certificates of deposit maturing no later than 180 days from the date of issuance thereof and issued by commercial banks in the United States and such banks rated by Mxxxx'x Investor Service, Inc. and receiving a rating of Prime-2 or higher on Moody's short term debt rating or rated by Standard & Poor's Corporation and receiving a rating of AA-/A1+ or higher on S&P's short term debt rating, or issued by Lender, it being acknowledged and agreed that the foregoing requirements shall pertain to certificates of deposit issued and/or received on a date on or after the date of this Agreement); and (c) investments not to exceed $50,000.00 in the aggregate.

No Loans or Investments Except Approved Investments. Without the prior written consent of notice to Lender, make or permit to remain outstanding any loans or advances to, or investments in, any Person, except that the foregoing restriction shall not apply to: (a) investments in marketable obligations maturing no later than 180 days from the date of acquisition thereof by the Company and issued and fully guaranteed, directly, by the full faith and credit of the Government of the United States of America or any agency thereof, ; and (b) investments in certificates of deposit maturing no later than 180 days from the date of issuance thereof and issued by commercial banks in the United States and such banks rated by Mxxxx'x Investor Moodx'x Xxxestor Service, Inc. and receiving a rating of Prime-2 or higher on Moody's short term debt rating or rated by Standard & Poor's Corporation and receiving a rating of AA-/A1+ or higher on S&P's short term debt rating, or issued by Lender, it being acknowledged and agreed that the foregoing requirements shall pertain to certificates of deposit issued and/or received on a date on or after the date of this Agreement); and (c) investments not to exceed $50,000.00 200,000.00 in the aggregate.

No Loans or Investments Except Approved Investments. Without the prior written consent of Lender, make or permit to remain outstanding any loans or advances to, or investments in, any Person, except that the foregoing restriction shall not apply to: (a) investments in marketable obligations maturing no later than 180 days from the date of acquisition thereof by the Company and issued and fully guaranteed, directly, by the full faith and credit of the Government of the United States of America or any agency thereof, ; and (b) investments in certificates of deposit maturing no later than 180 days from the date of issuance thereof and issued by commercial banks in the United States and such banks rated by Mxxxx'x Moodx'x Investor Service, Inc. and receiving a rating of Prime-2 or higher on Moody's short term debt rating or rated by Standard & Poor's Corporation and receiving a rating of AA-/A1+ or higher on S&P's short term debt rating, or issued by Lender, it being acknowledged and agreed that the foregoing requirements shall pertain to certificates of deposit issued and/or received on a date on or after the date of this Agreement); and (c) investments not to exceed $50,000.00 100,000.00 in the aggregate.