Common use of Section 20 Subsidiaries Clause in Contracts

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

Appears in 40 contracts

Samples: Credit Agreement (Papa Johns International Inc), Credit Agreement (WESTMORELAND COAL Co), Credit Agreement (Covance Inc)

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Section 20 Subsidiaries. The No Loan Parties do not intend Party intends to use and use, nor shall not any Loan Party use any portion of the proceeds of the LoansAdvances, directly or indirectly, to purchase during the underwriting period, or for thirty (30) 30 days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.

Appears in 3 contracts

Samples: Revolving Creditandsecurity Agreement (TCP International Holdings Ltd.), Security Agreement (TCP International Holdings Ltd.), Security Agreement (TCP International Holdings Ltd.)

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

Appears in 3 contracts

Samples: Credit Agreement (Penn Virginia Resource Partners L P), Credit Agreement (Penn Virginia Resource Partners L P), Credit Agreement (Penn Virginia Resource Partners L P)

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

Appears in 2 contracts

Samples: Credit Agreement (Freemarkets Inc), Credit Agreement (Compudyne Corp)

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

Appears in 2 contracts

Samples: Credit Agreement (Boot Barn Holdings, Inc.), Credit Agreement (Boot Barn Holdings, Inc.)

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

Appears in 2 contracts

Samples: Credit Agreement (Brady Corp), Credit Agreement (Brady Corp)

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

Appears in 2 contracts

Samples: Security Agreement (General Finance CORP), Security Agreement (Dri Corp)

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

Appears in 2 contracts

Samples: Credit Agreement (Champion Enterprises Inc), Credit Agreement (Champion Enterprises Inc)

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

Appears in 1 contract

Samples: Credit Agreement (CastleRock Security Holdings, Inc.)

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

Appears in 1 contract

Samples: Credit Agreement (Integrated Alarm Services Group Inc)

Section 20 Subsidiaries. The Loan Parties do not intend to use and shall not use any portion of the proceeds of the Loans, directly or indirectly, indirectly to purchase during the underwriting period, or for thirty (30) 30 days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.subsidiary. 6.1.11

Appears in 1 contract

Samples: Credit Agreement (Churchill Downs Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Whiteford Partners L P)

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

Appears in 1 contract

Samples: Term Loan and Security Agreement (Allied Motion Technologies Inc)

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