Loans, Acquisitions and Guaranties. (1) Loan, invest in or advance money or assets to any other person, enterprise or entity, (2) purchase, create or acquire any interest in any other enterprise or entity, or (3) incur any obligation as surety or guarantor other than in the ordinary course of business.
Loans, Acquisitions and Guaranties. [Other than in the ordinary course of business,] (1) loan, invest in or advance money or assets, (2) purchase, create or acquire any interest in any other enterprise or entity, or (3) incur any obligation as surety or guarantor.
Loans, Acquisitions and Guaranties. (i) Loan, invest in or advance money or assets other than in the ordinary course of Xxxxxxxx’s business, (ii) purchase, create or acquire any interest in any other enterprise or entity, or (iii) incur any obligation as surety or guarantor other than in the ordinary course of business.
Loans, Acquisitions and Guaranties. Throughout the term of the Loan, Borrower shall not, without the prior written consent of Lender, (1) except as expressly stated hereafter, loan, invest in or advance money or assets, (2) purchase, create or acquire any interest in any other enterprise or entity, or (3) incur any obligation as surety or guarantor other than in the ordinary course of its business.
Loans, Acquisitions and Guaranties. (i) Loan, invest in or advance money or assets, or purchase, create or acquire any interest in any other enterprise or entity, except (A) commercial bank demand deposits and time deposits maturing within one year, (B) marketable general obligations of the United States or a state or marketable obligations fully guaranteed by the United States, (C) short-term commercial paper with the highest rating of a generally recognized rating service, (D) loans and advances to employees in the ordinary course of business related to expenses incurred in the ordinary course of employment not to exceed $500,000 outstanding at any time, (E) bankers' acceptances, repurchase agreements, or other investments reasonably acceptable to the Administrative Agent and (F) loans or advances to, or investments in wholly owned subsidiaries in an amount not to exceed $5,000,000.00 or (ii) incur any obligation as surety or guarantor other than in the ordinary course of business.
Loans, Acquisitions and Guaranties. (1) Loan, invest in or advance money or assets to any other person, enterprise or entity (provided that Borrower may make arms-length loans or advances to or investments in subsidiaries in the ordinary course of business if the making of such loan, advance or investment does not create an Event of Default under this Agreement), (2) purchase, create or acquire any interest in any other enterprise or entity except the following: (i) the target company is in the same or similar line of business as Borrower, (ii) the acquisition shall be completed on a non-hostile basis, (iii) the aggregate amount of all permitted acquisitions does not exceed $7,000,000 per fiscal year, (iv) Borrower shall provide the Lender with proforma financial statements giving effect to the acquisition which demonstrate continued pro forma compliance with the financial covenants after giving effect to such acquisition, (v) the Borrower or a wholly-owned domestic Subsidiary is the surviving entity, and (vi) the acquisition would not otherwise result in an Event of Default, or (3) incur any obligation as surety or guarantor other than in the ordinary course of business.
Loans, Acquisitions and Guaranties. (a) Loan, invest in or advance money or assets other than in the ordinary course of business, (b) purchase, create or acquire any interest in any other enterprise or entity, or (c) incur any obligation as surety or guarantor other than in the ordinary course of business.
Loans, Acquisitions and Guaranties. Incur any obligation as surety or guarantor other than in the ordinary course of business.
Loans, Acquisitions and Guaranties. Other than with respect to M&L Wholesale Food, LLC, (1) Loan, invest in or advance money or assets to any other person, enterprise or entity, (2) purchase, create or acquire any interest in any other enterprise or entity, or (3) incur any obligation as surety or guarantor other than in the ordinary course of business or in existing as of the date hereof.
Loans, Acquisitions and Guaranties. (i) Loan, invest in or advance money or assets, or purchase, create or acquire any interest in any other enterprise or entity, except (A) commercial bank demand deposits and time deposits maturing within one year, (B) marketable general obligations of the United States or a state or marketable obligations fully guaranteed by the United States, (C) short-term commercial paper with the highest rating of a generally recognized rating service, (D) loans and advances to employees in the ordinary course of business related to expenses incurred in the ordinary course of employment not to exceed $750,000 outstanding at any time (which total will exclude advances to employees in the ordinary course for commissions, draws or sample inventory), (E) bankers' acceptances, repurchase agreements, or other investments reasonably acceptable to the Administrative Agent and (F) loans or advances to, or investments in wholly owned subsidiaries in an amount not to exceed $7,000,000.00 excluding costs associated with restructuring or discontinuing the Borrower's European operations or (ii) incur any obligation as surety or guarantor other than in the ordinary course of business.
