Common use of Tender Offers and Going Private Clause in Contracts

Tender Offers and Going Private. Neither the Borrower nor any subsidiary shall use (or permit to be used) any proceeds of the Term Loan to acquire any security in any transaction which is subject to Section 13 or 14 of the Securities Exchange Act of 1934, as amended, or any regulations or rulings thereunder.

Appears in 6 contracts

Samples: Term Loan Agreement (Imedia International Inc), Term Loan Agreement (Imedia International Inc), Convertible Loan Agreement (Nuway Medical Inc)

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Tender Offers and Going Private. Neither the Borrower nor any subsidiary shall use (or permit to be used) any proceeds of the Term Loan Loans to acquire any security in any transaction which is subject to Section 13 or 14 of the Securities Exchange Act of 1934, as amended, or any regulations or rulings thereunder.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Continental Materials Corp), Revolving Credit and Term Loan Agreement (Continental Materials Corp)

Tender Offers and Going Private. Neither the Borrower nor any subsidiary shall Subsidiary will use (or permit to be used) any proceeds of the Term Loan Loans to acquire any security in any transaction which is subject to Section 13 14 or 14 15 of the Securities Exchange Act of 1934, as amended, or any regulations or rulings thereunder.

Appears in 2 contracts

Samples: Credit Agreement (First Mid Illinois Bancshares Inc), Credit Agreement (First Mid Illinois Bancshares Inc)

Tender Offers and Going Private. Neither the Borrower nor any subsidiary Subsidiary shall use (or permit to be used) any proceeds of the Term Loan Loans to acquire any security in any transaction which is subject to Section 13 or 14 of the Securities Exchange Act of 1934, as amended, or any regulations or rulings thereunder.

Appears in 2 contracts

Samples: Credit Agreement (Heartland Financial Usa Inc), Credit Agreement (Heartland Financial Usa Inc)

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Tender Offers and Going Private. Neither the Borrower nor any subsidiary shall use (or permit to be used) any proceeds of the Term Loan Loans to acquire any security in any transaction which is subject to Section 13 or and 14 of the Securities Exchange Act of 1934, as amended, or any regulations or rulings thereunder.

Appears in 1 contract

Samples: Revolving Credit Agreement (Sun Hydraulics Inc)

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