Common use of Section 20 Subsidiaries Clause in Contracts

Section 20 Subsidiaries. The Loan Parties do not intend to use and shall not use any portion of the proceeds of the Loans, directly or indirectly, to purchase during the underwriting period, or for thirty (30) days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.

Appears in 40 contracts

Sources: Revolving Credit Facility (Papa Johns International Inc), Credit Agreement (WESTMORELAND COAL Co), Credit Agreement (Covance Inc)

Section 20 Subsidiaries. The Loan Parties do not intend to use use, and shall not use any portion of the proceeds of the Loans, directly or indirectly, to purchase during the underwriting period, or for thirty (30) days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.

Appears in 3 contracts

Sources: Revolving Credit Facility (Penn Virginia Resource Partners L P), Revolving Credit Facility (Penn Virginia Resource Partners L P), Revolving Credit Facility (Penn Virginia Resource Partners L P)

Section 20 Subsidiaries. The Loan Parties do not intend to use and shall not use any portion of the proceeds of the Loans, directly or indirectly, to purchase during the underwriting period, or for thirty (30) days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.20

Appears in 2 contracts

Sources: Credit Agreement (Freemarkets Inc), Credit Agreement (Compudyne Corp)

Section 20 Subsidiaries. The Loan Parties do not intend to use and shall not use any portion of the proceeds of the Loans, directly or indirectly, to purchase during the underwriting period, or for thirty (30) 30 days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.

Appears in 2 contracts

Sources: Revolving Credit Facility Credit Agreement (Brady Corp), Revolving Credit Facility (Brady Corp)

Section 20 Subsidiaries. The Loan Parties do not intend to use and shall not use any portion of the proceeds of the LoansAdvances, directly or indirectly, to purchase during the underwriting period, or for thirty (30) 30 days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.

Appears in 2 contracts

Sources: Revolving Credit and Security Agreement (General Finance CORP), Revolving Credit and Security Agreement (Dri Corp)

Section 20 Subsidiaries. The Loan Parties do not intend to use and shall not knowingly use any portion of the proceeds of the Loans, directly or indirectly, to purchase during the underwriting period, or for thirty (30) 30 days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.

Appears in 2 contracts

Sources: Credit Agreement (Champion Enterprises Inc), Credit Agreement (Champion Enterprises Inc)

Section 20 Subsidiaries. The Loan Parties do not intend to use and shall not use any portion of the proceeds of the Loans, directly or indirectly, to purchase during the underwriting period, or for thirty (30) days 30)days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.20

Appears in 1 contract

Sources: Credit Agreement (Whiteford Partners L P)

Section 20 Subsidiaries. The Loan Parties do not intend to use and shall not use any portion of the proceeds of the Loans, directly or indirectly, to purchase during the underwriting period, or for thirty (30) days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiary.

Appears in 1 contract

Sources: Credit Agreement (Integrated Alarm Services Group Inc)

Section 20 Subsidiaries. The Loan Parties do not intend to use and shall not use any portion of the proceeds of the Loans, directly or indirectly, indirectly to purchase during the underwriting period, or for thirty (30) 30 days thereafter, Ineligible Securities being underwritten by a Section 20 Subsidiarysubsidiary.

Appears in 1 contract

Sources: Revolving Credit Facility (Churchill Downs Inc)