Pledge of Credit. Now or hereafter pledge Agent’s or any Cash Collateral Provider’s credit on any purchases, commitments or contracts or for any purpose whatsoever or use any portion of any Advance in or for any business other than such Loan Party’s business operations as conducted on the Closing Date.
Appears in 2 contracts
Samples: Reimbursement, Guaranty and Security Agreement (Babcock & Wilcox Enterprises, Inc.), Reimbursement, Guaranty and Security Agreement (Babcock & Wilcox Enterprises, Inc.)
Pledge of Credit. Now or hereafter pledge Agent’s or any Cash Collateral ProviderLender’s credit on any purchases, commitments or contracts or for any purpose whatsoever or use any portion of any Advance in or for any business other than such Loan Party’s business operations as conducted on the Closing DateDate or any business reasonably related or ancillary thereto so long as any such business is a service and not manufacturing type business.
Appears in 2 contracts
Samples: Revolving Credit and Security Agreement (Williams Industrial Services Group Inc.), Revolving Credit and Security Agreement (Williams Industrial Services Group Inc.)
Pledge of Credit. Now or hereafter pledge Agent’s or any Cash Collateral ProviderLender’s credit on any purchases, commitments or contracts or for any purpose whatsoever or use any portion of any Advance in or for any business other than such Loan Party’s business operations as conducted on the Closing DateDate or any business reasonably related or ancillary thereto so long as any such business is a service and not manufacturing type business.
Appears in 2 contracts
Samples: Revolving Credit and Security Agreement (Williams Industrial Services Group Inc.), Revolving Credit and Security Agreement (Williams Industrial Services Group Inc.)
Pledge of Credit. Now or hereafter pledge any Agent’s or any Cash Collateral ProviderLender’s credit on any purchases, commitments or contracts or for any purpose whatsoever or use any portion of any Advance in or for any business other than such Loan Party’s business operations as conducted on the Closing Date.
Appears in 2 contracts
Samples: Revolving Credit, Term Loan and Security Agreement (A.S.V., LLC), Revolving Credit, Term Loan and Security Agreement (Manitex International, Inc.)
Pledge of Credit. Now or hereafter pledge Agent’s or any Cash Collateral ProviderLender’s credit on any purchases, commitments or contracts or for any purpose whatsoever or use any portion of any Advance in or for any business other than such Loan Party’s business operations as conducted on the Closing Date, in each case, except pursuant to the issuance of any Letter of Credit.
Appears in 1 contract
Samples: Revolving Credit, Term Loan and Security Agreement (Cca Industries Inc)
