Common use of No Material Transaction Clause in Contracts

No Material Transaction. None of the Borrower, any other Obligor or any Subsidiary shall have entered into any material, as determined by the Lender, commitment or transaction, including, without limitation, transactions for borrowings and capital expenditures, which are not in the ordinary course of their respective businesses.

Appears in 2 contracts

Samples: Credit and Security Agreement (Premiumwear Inc), Credit and Security Agreement (Primegg LTD)

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No Material Transaction. None of the Borrower, any Subsidiary or any other Obligor or any Subsidiary shall have entered into any material, material (as determined by the Lender, ) commitment or transaction, including, without limitation, transactions for borrowings and capital expenditures, which are not in the ordinary course of their respective businesses.businesses (excluding transactions expressly permitted hereunder (or under any Related Agreement) or consented to by Lender in writing); and

Appears in 2 contracts

Samples: Loan and Security Agreement (Elxsi Corp /De//), Loan and Security Agreement (Elxsi Corp /De//)

No Material Transaction. None of the Borrower, any other Obligor or any Subsidiary shall have entered into any material, as determined by the Lender, commitment or transaction, including, without limitation, transactions for borrowings and capital expendituresCapital Expenditures, which are not in the ordinary course of their respective businesses.

Appears in 1 contract

Samples: Credit and Security Agreement (Lifecore Biomedical Inc)

No Material Transaction. None of the Borrower, and Subsidiary, any other Obligor or any Subsidiary Related Party shall have entered into any material, material (as determined by the Lender, ) commitment or transaction, including, including without limitation, limitation transactions for borrowings and capital expenditures, which are not in the ordinary course of their respective businesses.; and

Appears in 1 contract

Samples: Loan and Security Agreement (Rainbow Rentals Inc)

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No Material Transaction. None of the BorrowerBorrowers, any other Obligor or any Subsidiary shall have entered into any material, as determined by the Lender, commitment or transaction, including, without limitation, transactions for borrowings and capital expendituresCapital Expenditures, which are not in the ordinary course of their respective businesses.

Appears in 1 contract

Samples: Credit and Security Agreement (Simon Transportation Services Inc)

No Material Transaction. None of Neither the Borrower, Borrower nor any other Obligor or any Subsidiary shall have entered into any material, as determined by the Lender, commitment or transaction, including, without limitation, transactions for borrowings and capital expenditures, which are not in the ordinary course of their respective businesses.

Appears in 1 contract

Samples: Credit and Security Agreement (Cryenco Sciences Inc)

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