NL Shares definition
Examples of NL Shares in a sentence
Sell, lease or otherwise transfer any NL Shares if after giving effect thereto the Borrower shall not retain a Control Percentage with respect to NL Industries.
As of the date of this Agreement, the Borrower beneficially owns such amount of NL Shares as is set forth in Schedule 4.01(m) attached hereto.
No proceeds of any Advance will be used to purchase or carry any margin stock in violation of Regulation G, T, U or X, and no proceeds of any Advance shall be used for acquisitions by the Borrower or any Subsidiary of the Borrower which would require the Borrower or any such Subsidiary to file a Schedule 13D or an amendment of any Schedule 13D filing with the SEC (other than purchases of additional NL Shares).
The proceeds of Advances will be used to finance the purchase of NL Shares by the Borrower.