Common use of Subsidiaries; Acquisitions Clause in Contracts

Subsidiaries; Acquisitions. The Borrower will not, without the prior written consent of the Bank, form or acquire any Subsidiary or make any other acquisition of the stock of any other Person or of all or substantially all of the assets of any other Person. The Borrower will not become a partner in any partnership.

Appears in 7 contracts

Samples: Letter Agreement (Exchange Applications Inc), Letter Agreement (Zoom Telephonics Inc), Letter Agreement (Diacrin Inc /De/)

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Subsidiaries; Acquisitions. The Except as otherwise expressly permitted -------------------------- by (S)4.8, the Borrower will not, without the prior written consent of the Bank, form or acquire any Subsidiary or make any other acquisition of the stock of any other Person or of all or substantially all of the assets of any other Person. The Borrower will not become a partner in any partnership.

Appears in 1 contract

Samples: Letter Agreement (Candela Corp /De/)

Subsidiaries; Acquisitions. The Borrower will not, without the prior written consent of the Bank, form or acquire any Subsidiary (other than overseas sales and marketing Subsidiaries) or make any other acquisition of the stock of any other Person or of all or substantially all of the assets of any other Person. The Borrower will not become a partner in any partnership.

Appears in 1 contract

Samples: Concord Communications Inc

Subsidiaries; Acquisitions. The Borrower will not, without the prior written consent of the Bank, form or acquire any Subsidiary or make any other acquisition of the stock of any other Person or of all or substantially all of the assets of any other Person, except that (with prior written notice to the Bank) the Borrower may form additional Subsidiaries and may make contributions to the capital of any Subsidiary within the limit established by the proviso contained in clause (vi) of Section 4.6 above. The Borrower will not become a partner in any partnership.

Appears in 1 contract

Samples: Micrion Corp /Ma/

Subsidiaries; Acquisitions. The Borrower will not, without the prior written consent of the Bank, form or acquire any Subsidiary or make any other acquisition of the stock of any other Person or of all or substantially all of the assets of any other Person, other than Permitted Acquisitions. The Borrower will not become a partner in any partnership.

Appears in 1 contract

Samples: Letter Agreement (Abiomed Inc)

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Subsidiaries; Acquisitions. The Borrower will notnot (and will not permit any Subsidiary to), without the prior written consent of the BankLender, form or acquire any Subsidiary or make any other acquisition of all or substantially all of the stock of any other Person or of all or substantially all of the assets of any other Person. The Borrower will not (and will not permit any Subsidiary to) become a partner in any partnershippartnership without the prior written consent of the Lender.

Appears in 1 contract

Samples: Loan Agreement (MDRNA, Inc.)

Subsidiaries; Acquisitions. The Borrower will not, without the prior -------------------------- written consent of the Bank, form or acquire any Subsidiary or make any other acquisition of all or substantially all of the stock of any other Person or of all or substantially all of the assets of any other Person. The Borrower will notify the Bank promptly if it forms any Subsidiary. The Borrower will not become a partner in any partnership.

Appears in 1 contract

Samples: Letter Agreement (Sycamore Networks Inc)

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