Common use of Acquire Securities Clause in Contracts

Acquire Securities. Purchase or hold beneficially any stock or other securities of, or make any investment or acquire any interest whatsoever in, any other Person, except for the common stock of or ownership interests in the Guarantors, Integral Vision, Inc., Provant, Inc., ▇▇▇▇▇▇▇▇ Oil Co., L.L.C., AMI Energy, Inc., L/M Associates, L.L.C., L/M Associates II, L.L.C., Blasen ▇▇▇▇▇▇ Asset Management Company, Foresight Solutions, Inc., LandEquities Corporation, ▇▇▇▇▇▇ Builders, Inc., Midstate Industrial, Inc., Phoenix Financial Group, Ltd., ▇▇▇▇▇.▇▇▇, Inc., Vertical V.C., in each case limited to the interest owned by the Borrower on the date of this Eighth Amendment to the Agreement, and except for certificates of deposit with maturities of one year or less of United States commercial banks with capital, surplus and undivided profits in excess of $100,000,000, direct obligations of the United States Government maturing within one year from the date of acquisition thereof, and high grade commercial paper and high grade fixed-income securities (e.g., corporate bonds). 6. Except as specifically modified hereby, the terms and conditions of the Agreement and the Notes, as the same may be amended from time to time, remain in full force and effect and the undersigned hereby ratify and agrees to be bound by the terms of the Agreement as hereby amended. 7. Neither the extension of this Eighth Amendment by the Bank, nor any other act or omission by the Bank in connection herewith, shall be deemed an express or implied waiver by the Bank of any default under the Agreement.

Acquire Securities. Purchase or hold beneficially any stock or other securities of, or make any investment or acquire any interest whatsoever in, any other Person, except for the common stock of or ownership interests in the -4- Guarantors, Integral Vision, Inc.Medar Subordinated Debt Securities, Provant, Inc., ▇▇▇▇Robi▇▇▇▇ Oil ▇▇▇ Co., L.L.C., AMI Energy, Inc., L/M Associates, L.L.C., L/M Associates II, L.L.C., Blasen Brog▇▇ ▇▇▇et Management Company, Axso▇, ▇▇▇ Asset Management Companyd. (France), Foresight Solutions, Inc., LandEquities Corporation, Nils▇▇ ▇▇▇▇▇▇ Builderslders, Inc., Midstate IndustrialIndustrials, Inc., Inc. and the Phoenix Financial Group, Ltd., ▇▇▇▇▇.▇▇▇, Inc., Vertical V.C., in each case limited to the interest owned by the Borrower on the date of this Eighth Fourth Amendment to the Agreement, and except for certificates of deposit with maturities of one year or less of United States commercial banks with capital, surplus and undivided profits in excess of $100,000,000, direct obligations of the United States Government maturing within one year from the date of acquisition thereof, and high grade commercial paper and high grade fixed-income securities (e.g., corporate bonds). 610. Except as specifically modified hereby, the terms and conditions of the Agreement and the Notes, as the same may be amended from time to time, Notes remain in full force and effect and the undersigned hereby ratify and agrees to be bound by the terms of the Agreement as hereby amended. 711. Neither the extension of this Eighth Fourth Amendment by the Bank, nor any other act or omission by the Bank in connection herewith, shall be deemed an express or implied a waiver by the Bank of any default under the Agreement.