Section 20 Subsidiaries. The Loan Parties will not, directly or indirectly, use any portion of the proceeds of the Loans (i) knowingly to purchase any Ineligible Securities from a Section 20 Subsidiary during any period in which such Section 20 Subsidiary makes a market in such Ineligible Securities, (ii) knowingly to purchase during the underwriting or placement period Ineligible Securities being underwritten or privately placed by a Section 20 Subsidiary, or (iii) to make payments of principal or interest on Ineligible Securities underwritten or privately placed by as Section 20 Subsidiary and issued by or for the benefit of any Loan Party or any Affiliate of any Loan Party.
Appears in 9 contracts
Samples: Credit Agreement (Roundys Inc), Revolving Credit Agreement (Tb Woods Corp), Credit Agreement (Rainbow Rentals Inc)
Section 20 Subsidiaries. The Loan Parties will not, directly or indirectly, do not intend to use and shall not use any portion of the proceeds of the Loans Loans, directly or indirectly (i) knowingly to purchase any Ineligible Securities from a Section 20 Subsidiary during any period in which such Section 20 Subsidiary makes a market in such Ineligible Securities, (ii) knowingly to purchase during the underwriting or placement period Ineligible Securities being underwritten or privately placed by a Section 20 Subsidiary, or (iii) to make payments of principal or interest on Ineligible Securities underwritten or privately placed by as a Section 20 Subsidiary and issued by or for the benefit of any Loan Party or any Affiliate of any Loan Party.
Appears in 4 contracts
Samples: Credit Agreement (Novacare Employee Services Inc), Credit Agreement (Arch Coal Inc), Credit Agreement (Party City Corp)
Section 20 Subsidiaries. The Loan Parties will not, directly or indirectly, do not intend to use and shall not use any portion of the proceeds of the Loans Loans, directly or indirectly (i) knowingly to purchase any Ineligible Securities from a Section 20 Subsidiary during any period in which such Section 20 Subsidiary makes a market in such Ineligible Securities, (ii) knowingly to purchase during the underwriting or placement period Ineligible Securities being underwritten or privately placed by a Section 20 Subsidiary, or (iii) to make payments of principal or interest on Ineligible Securities underwritten or privately placed by as Section 20 Subsidiary and issued by or for the benefit of any Loan Party or any Affiliate of any Loan Party.
Appears in 3 contracts
Samples: Credit Agreement (Corrpro Companies Inc /Oh/), Credit Agreement (Ii-Vi Inc), Credit Agreement (Lone Star Technologies Inc)
Section 20 Subsidiaries. The Loan Parties will not, directly or indirectly, do not intend to use and shall not use any portion of the proceeds of the Loans Loans, directly or indirectly (i) knowingly to purchase any Ineligible Securities from a Section 20 Subsidiary during any period in which such Section 20 Subsidiary makes a market in such Ineligible Securities, (ii) knowingly to purchase during the underwriting or placement period Ineligible Securities being underwritten or privately placed by a Section 20 Subsidiary, or (iii) to make payments of principal or interest on Ineligible Securities underwritten or privately placed by as a Section 20 Subsidiary and issued by or for the benefit of any Loan Party or any Affiliate Subsidiary of any Loan Party.
Appears in 2 contracts
Samples: Credit Agreement (Independent Gasoline & Oil Co of Rochester), Credit Agreement (Vulcan Asphalt Refining Corp)
Section 20 Subsidiaries. The Loan Parties will not, directly or indirectly, use any portion of the proceeds of the Loans (i) knowingly to purchase any Ineligible Securities from a Section 20 Subsidiary during any period in which such Section 20 Subsidiary makes a market in such Ineligible Securities, (ii) knowingly to purchase during the underwriting or placement period Ineligible Securities being underwritten or privately placed by a Section 20 Subsidiary, or (iii) to make payments of principal or interest on Ineligible Securities underwritten or privately placed by as a Section 20 Subsidiary and issued by or for the benefit of any Loan Party or any Affiliate of any Loan Party.
Appears in 2 contracts
Samples: Credit Agreement (Grubb & Ellis Co), Credit Agreement (Grubb & Ellis Co)
Section 20 Subsidiaries. The Loan Parties Borrower will not, directly or indirectly, use any portion of the proceeds of the Loans Term Loan (i) knowingly to purchase any Ineligible Securities from a Section 20 Subsidiary during any period in which such Section 20 Subsidiary makes a market in such Ineligible Securities, (ii) knowingly to purchase during the underwriting or placement period Ineligible Securities being underwritten or privately placed by a Section 20 Subsidiary, or (iii) to make payments of principal or interest on Ineligible Securities underwritten or privately placed by as Section 20 Subsidiary and issued by or for the benefit of any Loan Party Borrower or any Affiliate of any Loan Partythe Borrower.
Appears in 1 contract
Section 20 Subsidiaries. The Loan Parties Borrowers will not, directly or indirectly, use any portion of the proceeds of the Term Loans (i) knowingly to purchase any Ineligible Securities from a Section 20 Subsidiary during any period in which such Section 20 Subsidiary makes a market in such Ineligible Securities, (ii) knowingly to purchase during the underwriting or placement period Ineligible Securities being underwritten or privately placed by a Section 20 Subsidiary, or (iii) to make payments of principal or interest on Ineligible Securities underwritten or privately placed by as Section 20 Subsidiary and issued by or for the benefit of any Loan Party Borrower or any Affiliate of any Loan PartyBorrower.
Appears in 1 contract
Section 20 Subsidiaries. The Loan Parties Borrowers will not, directly or indirectly, use any portion of the proceeds of the Loans (i) knowingly to purchase any Ineligible Securities from a Section 20 Subsidiary during any period in which such Section 20 Subsidiary makes a market in such Ineligible Securities, (ii) knowingly to purchase during the underwriting or placement period Ineligible Securities being underwritten or privately placed by a Section 20 Subsidiary, or (iii) to make payments of principal or interest on Ineligible Securities underwritten or privately placed by as Section 20 Subsidiary and issued by or for the benefit of any Loan Party or any Affiliate of any Loan Party.
Appears in 1 contract
Samples: Credit Agreement (Primesource Corp)
Section 20 Subsidiaries. The Loan Parties will not, directly or indirectly, do not intend to use and shall not use any portion of the proceeds of the Loans Loans, directly or indirectly (i) knowingly to purchase any Ineligible Securities from a Section 20 Subsidiary during any period in which such Section 20 Subsidiary makes a market in such Ineligible Securities, (ii) knowingly to purchase during the underwriting or placement period Ineligible Securities being underwritten or privately placed by a Section 20 Subsidiary, or (iii) to make payments of principal or interest on Ineligible Securities underwritten or privately placed by as Section 20 Subsidiary and issued by or for the benefit of any Loan Party or any Affiliate Subsidiary of any Loan Party.
Appears in 1 contract
Samples: Credit Agreement (Bell Oil Corp)
