Common use of Section 20 Subsidiaries Clause in Contracts

Section 20 Subsidiaries. Borrowers do not intend to use and shall not use any portion of the proceeds of the Advances, directly or indirectly, to purchase during the underwriting period, or for 30 days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.

Appears in 63 contracts

Samples: Security Agreement (Keane Group, Inc.), Security Agreement (Keane Group, Inc.), , and Security Agreement (Rocky Brands, Inc.)

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Section 20 Subsidiaries. Borrowers do Borrower does not intend to use and shall not use any portion of the proceeds of the Advances, directly or indirectly, to purchase during the underwriting period, or for 30 days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.

Appears in 21 contracts

Samples: Joinder Agreement (Boot Barn Holdings, Inc.), Joinder Agreement (Boot Barn Holdings, Inc.), Security Agreement (Goodman Networks Inc)

Section 20 Subsidiaries. Borrowers do not intend to use and shall not use any portion of the proceeds of the Advances, directly or indirectly, to purchase during the underwriting period, or for 30 thirty (30) days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.

Appears in 9 contracts

Samples: Revolving Credit and Security Agreement (SMTC Corp), Security Agreement (SMTC Corp), Security Agreement (Englobal Corp)

Section 20 Subsidiaries. The Borrowers do not intend to use and shall not use any portion of the proceeds of the Advances, directly or indirectly, to purchase during the underwriting period, or for 30 thirty (30) days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.

Appears in 3 contracts

Samples: Security Agreement (Lesco Inc/Oh), Revolving Credit (Radnor Holdings Corp), And (Blonder Tongue Laboratories Inc)

Section 20 Subsidiaries. The Borrowers do not intend to use and shall not use any portion of the proceeds of the AdvancesLoans, directly or indirectly, to purchase during the underwriting period, or for 30 thirty (30) days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.

Appears in 3 contracts

Samples: Credit Agreement (Glatfelter P H Co), Credit Agreement (U S Interactive Inc/Pa), Credit Agreement (Glatfelter P H Co)

Section 20 Subsidiaries. Borrowers do The Borrower does not intend to use and shall not use any portion of the proceeds of the Advances, directly or indirectly, to purchase during the any underwriting period, or for 30 days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.

Appears in 3 contracts

Samples: Revolving Credit and Security Agreement (Hirsch International Corp), Loan and Security Agreement (Philipp Brothers Chemicals Inc), Philipp Brothers Chemicals Inc

Section 20 Subsidiaries. Borrowers do not intend No Borrower intends to use and shall not use any portion of the proceeds of the Advances, directly or indirectly, to purchase during the underwriting period, or for 30 thirty (30) days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.

Appears in 2 contracts

Samples: Security Agreement (Stream Global Services, Inc.), Security Agreement (Stream Global Services, Inc.)

Section 20 Subsidiaries. Borrowers do not intend No Borrower intends to use and shall not use any portion of the proceeds of the Advances, directly or indirectly, to purchase during the underwriting period, or for 30 days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.

Appears in 2 contracts

Samples: Subordination Agreement (Twist Beauty S.a r.l. & Partners S.C.A.), Revolving Credit, Term Loan and Security Agreement (Twist Beauty S.a r.l. & Partners S.C.A.)

Section 20 Subsidiaries. Borrowers do not intend to use and shall ------------------------ not use any portion of the proceeds of the Advances, directly or indirectly, to purchase during the underwriting period, or for 30 days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.

Appears in 1 contract

Samples: Security Agreement (Intelligroup Inc)

Section 20 Subsidiaries. Borrowers do not intend to use and shall ----------------------- not use any portion of the proceeds of the Advances, directly or indirectly, to purchase during the underwriting period, or for 30 days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.

Appears in 1 contract

Samples: Air Methods Corp

Section 20 Subsidiaries. Borrowers do Borrower does not intend to use and shall not use any portion of the proceeds of the Advances, directly or indirectly, to purchase during the underwriting period, or for 30 thirty (30) days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.

Appears in 1 contract

Samples: Credit and Security Agreement (Input Output Inc)

Section 20 Subsidiaries. Borrowers Borrower Parties do not intend to use and shall not use any portion of the proceeds of the Advances, directly or indirectly, to purchase during the underwriting period, or for 30 days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.

Appears in 1 contract

Samples: Security Agreement (Horsehead Holding Corp)

Section 20 Subsidiaries. Borrowers do Borrower does not intend to use and shall ----------------------- not use any portion of the proceeds of the Advances, directly or indirectly, to purchase during the underwriting period, or for 30 days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.

Appears in 1 contract

Samples: Credit and Security Agreement (Pc Connection Inc)

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Section 20 Subsidiaries. Borrowers do Borrower does not intend to use and shall not use any portion of the proceeds of the Advances, directly or indirectly, to purchase during the underwriting period, or for 30 days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.20

Appears in 1 contract

Samples: Subordination Agreement (Obsidian Enterprises Inc)

Section 20 Subsidiaries. Borrowers do The Borrower does not intend to use and shall not use any portion of the proceeds of the Advances, directly or indirectly, to purchase during the underwriting period, or for 30 days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.20

Appears in 1 contract

Samples: And Security Agreement (McMS Inc /De/)

Section 20 Subsidiaries. Borrowers and their respective Subsidiaries do not intend to use and shall not use any portion of the proceeds of the Advances, directly or indirectly, to purchase during the underwriting period, or for 30 days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.

Appears in 1 contract

Samples: Security Agreement (Sypris Solutions Inc)

Section 20 Subsidiaries. Borrowers do not intend to use and ----------------------- shall not use any portion of the proceeds of the Advances, directly or indirectly, to purchase during the underwriting period, or for 30 days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.

Appears in 1 contract

Samples: Air Methods Corp

Section 20 Subsidiaries. Borrowers do not intend to use and shall not use any portion of the proceeds of the Revolving Advances, directly or indirectly, to purchase during the underwriting period, or for 30 days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.

Appears in 1 contract

Samples: Credit and Security Agreement (Vista Information Solutions Inc)

Section 20 Subsidiaries. Borrowers do Borrower does not intend to use and shall not use any portion of the proceeds of the Revolving Advances, directly or indirectly, to purchase during the underwriting period, or for 30 days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.

Appears in 1 contract

Samples: Security Agreement (Robotic Vision Systems Inc)

Section 20 Subsidiaries. Borrowers do not intend to use and shall not use any portion of the proceeds of the Advances, directly or indirectly, to purchase during the underwriting period, or for 30 days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.20

Appears in 1 contract

Samples: Credit and Security Agreement (Foster L B Co)

Section 20 Subsidiaries. Borrowers do not intend to use and shall ----------------------- not use any portion portions of the proceeds of the Advances, directly or indirectly, to purchase during the underwriting period, or for 30 thirty (30) days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Eltrax Systems Inc)

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