Common use of Repurchase of Securities Clause in Contracts

Repurchase of Securities. Purchase, redeem or otherwise acquire any of its own capital stock or purchase, acquire, redeem, retire or make any payment on account of the principal of any indebtedness of Borrower, except at the stated maturity of such indebtedness, and except payments of indebtedness incurred under this Agreement.

Appears in 4 contracts

Samples: Revolving Line of Credit Loan Agreement (Spectrum Sciences & Software Holdings Corp), Revolving Line of Credit Loan Agreement (Student Advantage Inc), Revolving Line of Credit Loan Agreement (Dunn Computer Corp /Va/)

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Repurchase of Securities. Purchase, redeem or otherwise acquire any of its own capital stock or purchase, acquire, redeem, retire or make any payment on account of the principal of any indebtedness of the Borrower, except at the stated maturity of such indebtedness, and except payments of indebtedness incurred under this Agreement.

Appears in 1 contract

Samples: Revolving Line of Credit Loan Agreement (Efj Inc)

Repurchase of Securities. Purchase, redeem or otherwise acquire any of its own capital stock or purchase, acquire, redeem, retire retire, or make any payment on account of the principal of any indebtedness of Borrower, except at the stated maturity of such indebtedness, except where payment is required by mandatory sinking fund or prepayment provisions relating thereto, and except payments of with respect to the indebtedness incurred under created by this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Sensys Technologies Inc)

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Repurchase of Securities. Purchase, redeem or otherwise acquire any ------------------------ of its own capital stock or purchase, acquire, redeem, retire or make any payment on account of the principal of any indebtedness of Borrower, except at the stated maturity of such indebtedness, and except payments of indebtedness incurred under this Agreement.

Appears in 1 contract

Samples: Revolving Line of Credit Loan Agreement (Netplex Group Inc)

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