Advances, Investments and Loans Sample Clauses

Advances, Investments and Loans. Parent will not, and will not permit any of its Subsidiaries to, directly or indirectly, lend money or credit or make advances to any Person, or purchase or acquire any stock, obligations or securities of, or any other Equity Interest in, or make any capital contribution to, any other Person, or purchase or own a futures contract or otherwise become liable for the purchase or sale of currency or other commodities at a future date in the nature of a futures contract, or hold any cash or Cash Equivalents (each of the foregoing an “Investment” and, collectively, “Investments”), except that, the following shall be permitted: (i) the Borrowers and their Subsidiaries may acquire and hold accounts receivables owing to any of them, if created or acquired in the ordinary course of business and payable or dischargeable in accordance with customary trade terms of the Borrowers or such Subsidiary; (ii) Parent and its Subsidiaries may acquire and hold cash and Cash Equivalents. (iii) Parent and its Subsidiaries may hold the Investments held by them on the Funding Date and described on Schedule IX, provided that any additional Investments made with respect thereto shall be permitted only if permitted under the other provisions of this Section 8.05; (iv) the Borrowers and their Subsidiaries may acquire and own investments (including debt obligations) received in connection with the bankruptcy or reorganization of suppliers and customers and in good faith settlement of delinquent obligations of, and other disputes with, customers and suppliers arising in the ordinary course of business; (v) provided that a Material Contract Termination Event shall not have occurred and be continuing, the Borrowers and their Subsidiaries may make loans and advances to their officers and employees for moving, relocation and travel expenses and other similar expenditures, in each case in the ordinary course of business in an aggregate amount not to exceed $500,000 at any time (determined without regard to any write-downs or write-offs of such loans and advances); (vi) Parent and its Subsidiaries may acquire and hold obligations of their officers and employees in connection with such officers’ and employees’ acquisition of shares of Parent Common Stock (so long as no cash is actually advanced by Parent or any of its Subsidiaries in connection with the acquisition of such obligations); (vii) the Borrowers may enter into Other Hedging Agreements to the extent permitted by Section 8.04(iii); (vi...

Advances, Investments and Loans. No Borrower shall, nor will it permit any of its Subsidiaries to, directly or indirectly, make loans or advances to, guarantee any obligations of, or make, retain or have outstanding any investments (whether through purchase of equity interests or obligations or otherwise) in, any Person or enter into any partnerships or joint ventures, or purchase or own a futures contract or otherwise become liable for the purchase or sale of currency or other commodities at a future date in the nature of a futures contract, except that this Section shall not prevent: (a) receivables created in the ordinary course of business and payable or dischargeable in accordance with customary trade terms; (b) investments in Cash Equivalents; (c) investments (including debt obligations) received in connection with the bankruptcy or reorganization of suppliers and customers and in settlement of delinquent obligations of, and other disputes with, customers and suppliers arising in the ordinary course of business, including the receipt of security for such obligations; (d) investments or advances made by any Borrower or any of its Subsidiaries in any direct or indirect Wholly-owned Subsidiaries or any other Borrower, and investments made from time to time after the Effective Date by any Borrower or any of its Subsidiaries in any direct or indirect Wholly-owned Subsidiaries or any other Borrower to the extent permitted by Section 6.17; (e) intercompany advances made from time to time from any Borrower to any one or more direct or indirect Wholly-owned Subsidiaries in the ordinary course of business; (f) Permitted Acquisitions; (g) Hedge Agreements entered into in the ordinary course of business and not for speculative purposes; (h) the making of any payments Permitted by Section 6.15 hereof; (i) investments consisting of negotiable instruments held for collection in the ordinary course of business; (j) advances to officers, directors and employees of any Borrower and its Subsidiaries in an aggregate amount of all Borrowers not to exceed $1,000,000 at any time outstanding, for travel, entertainment, relocation and analogous ordinary business purposes; (k) deposits of cash or Cash Equivalents in an aggregate amount not to exceed $250,000 at any time, made in the ordinary course of business to secure performance of operating leases; (l) Investments set forth on Schedule 6.14; (m) the Guaranties; (n) the making of guarantees permitted by Section 6.11 hereof; (o) investments consisting of d...

Advances, Investments and Loans. Holdings will not, and will not permit any of the Restricted Subsidiaries to, directly or indirectly, lend money or credit (including in the form of guarantees) or make advances to any Person, or purchase or acquire any stock, obligations or securities of, or any other interest in, or make any capital contribution to, any other Person (each of the foregoing, an “Investment” and, collectively, “Investments” and with the value of each Investment being measured at the time made and without giving effect to subsequent changes in value or any write-ups, write-downs or write-offs thereof but giving effect to any cash return or cash distributions received by Holdings and the Restricted Subsidiaries with respect thereto), except that the following shall be permitted (each of the following, a “Permitted Investment” and collectively, “Permitted Investments”): (i) Holdings and the Restricted Subsidiaries may acquire and hold accounts receivable owing to any of them, if created or acquired in the ordinary course of business and payable or dischargeable in accordance with customary trade terms of Holdings or such Restricted Subsidiary; (ii) Holdings and the Restricted Subsidiaries may acquire and hold cash and Cash Equivalents; (iii) Holdings and the Restricted Subsidiaries may hold the Investments held by them on the Closing Date and described on Schedule 10.05(iii), and any modification, replacement, renewal or extension thereof that does not increase the principal amount thereof unless any additional Investments made with respect thereto are permitted under the other provisions of this Section 10.05; (iv) Holdings and the Restricted Subsidiaries may acquire and hold Investments (including debt obligations and Equity Interests) received in connection with the bankruptcy or reorganization of suppliers and customers, and Investments received in good faith settlement of delinquent obligations of, and other disputes with, customers and suppliers arising in the ordinary course of business; (v) Holdings and the Restricted Subsidiaries may enter into Interest Rate Hedging Agreements to the extent permitted by Section 10.04(iv), and Other Hedging Agreements to the extent permitted by Section 10.04(xii); (a) Holdings and any Restricted Subsidiary may make intercompany loans to, guarantees on behalf of, and other investments (including cash management pooling obligations and arrangements) in Credit Parties, including in connection with tax planning or reorganization activities...

Advances, Investments and Loans. The Credit Parties will not, nor will they permit any Subsidiary to, make any Investment except for Permitted Investments.

Advances, Investments and Loans. The Parent will not, and will not permit any other member of the NCLC Group to, purchase or acquire any margin stock (or other Equity Interests) or any other asset, or make any capital contribution to or other investment in any other Person (each of the foregoing an “Investment” and, collectively, “Investments”), in each case either in a single transaction or in a series of transactions (whether related or not), except that the following shall be permitted: (i) Investments on arm’s length terms; (ii) Investments for its use in its ordinary course of business; (iii) Investments the cost of which is less than or equal to its fair market value at the date of acquisition; and (iv) Investments permitted by Section 10.02.

Advances, Investments and Loans. The Borrower will not, nor will it permit any Subsidiary to, lend money or extend credit or make advances to any Person, or purchase or acquire any stock, obligations or securities of, or any other interest in, or make any capital contribution to, any Person except for Permitted Investments.

Advances, Investments and Loans. No Credit Party will, nor will it permit any of its Subsidiaries to, make any Investments except for Permitted Investments.

Advances, Investments and Loans. The Borrower will not, and will not permit any of its Subsidiaries to, directly or indirectly, lend money or credit or make advances to any Person, or purchase or acquire any stock, or make any capital contribution to any other Person (each of the foregoing an “Investment” and, collectively, “Investments”) except that the following shall be permitted: (i) Investments in the form of trade credit in the ordinary course of business; (ii) Investments in Cash Equivalents and if consented to by the Administrative Agent, in marketable securities; (iii) Investments (including loans and advances) by the Borrower and its Subsidiaries in or to the Borrower or any of its Subsidiaries or Unrestricted Subsidiaries; provided that (x) Investments made by the Borrower and the Subsidiary Guarantors in such Person that is not a Subsidiary Guarantor shall only be permitted so long as (1) the aggregate of all such Investments made after the Effective Date does not exceed $30,000,000 at any one time outstanding or (2) after giving effect to such Investment, Consolidated Net Indebtedness shall not be greater than zero and (y) any loans or advances to the Borrower or any Subsidiary Guarantor pursuant to this Section 9.05(iii) shall be subordinated to the Obligations of the respective Credit Party pursuant to written subordination provisions in the form of Exhibit N; (iv) sales or transfers of assets to the extent permitted by Section 9.02; (v) Investments existing on the Effective Date and described on Schedule XI, without giving effect to any additions thereto or replacement thereof; (vi) Investments of foreign currencies or otherwise in time deposits or other securities of foreign Governmental Authorities or other foreign Persons, if required by the action of a foreign Governmental Authority or to fund working capital requirements for the operations of the Borrower or any Subsidiary in the foreign country; (vii) Investments (including debt obligations) received in connection with the bankruptcy or reorganization of suppliers and customers and in good faith settlement of delinquent obligations of, and other disputes with, customers and suppliers arising in the ordinary course of business; (viii) loans and advances by the Borrower and its Subsidiaries in the ordinary course of business to their respective officers, directors and employees so long as the principal amount thereof at any time outstanding shall not exceed $100,000 for any one officers, director or employee and shall ...

Advances, Investments and Loans. 70 9.06 Transactions with Affiliates............................ 72 9.07

Advances, Investments and Loans. Lend money or extend credit or make advances to any Person, or purchase or acquire any stock, obligations or securities of, or any other interest in, or make any capital contribution to, or otherwise make an Investment in, any Person except for Permitted Investments.