Section 20 Subsidiaries. The Loan Parties will not, directly or indirectly, use any portion of the proceeds of the Loans (i) knowingly to purchase any Ineligible Securities from a Section 20 Subsidiary during any period in which such Section 20 Subsidiary makes a market in such Ineligible Securities, (ii) knowingly to purchase during the underwriting or placement period Ineligible Securities being underwritten or privately placed by a Section 20 Subsidiary, or (iii) to make payments of principal or interest on Ineligible Securities underwritten or privately placed by as Section 20 Subsidiary and issued by or for the benefit of any Loan Party or any Affiliate of any Loan Party.
Appears in 9 contracts
Sources: Credit Agreement (Roundys Inc), Credit Agreement (Rent Way Inc), Credit Agreement (Option Care Inc/De)
Section 20 Subsidiaries. The Loan Parties will not, directly or indirectly, do not intend to use and shall not use any portion of the proceeds of the Loans Loans, directly or indirectly (i) knowingly to purchase any Ineligible Securities from a Section 20 Subsidiary during any period in which such Section 20 Subsidiary makes a market in such Ineligible Securities, (ii) knowingly to purchase during the underwriting or placement period Ineligible Securities being underwritten or privately placed by a Section 20 Subsidiary, or (iii) to make payments of principal or interest on Ineligible Securities underwritten or privately placed by as a Section 20 Subsidiary and issued by or for the benefit of any Loan Party or any Affiliate of any Loan Party.
Appears in 4 contracts
Sources: Credit Agreement (Party City Corp), Credit Agreement (Novacare Employee Services Inc), Revolving Credit Facility (Arch Coal Inc)
Section 20 Subsidiaries. The Loan Parties will not, directly or indirectly, do not intend to use and shall not use any portion of the proceeds of the Loans Loans, directly or indirectly (i) knowingly to purchase any Ineligible Securities from a Section 20 Subsidiary during any period in which such Section 20 Subsidiary makes a market in such Ineligible Securities, (ii) knowingly to purchase during the underwriting or placement period Ineligible Securities being underwritten or privately placed by a Section 20 Subsidiary, or (iii) to make payments of principal or interest on Ineligible Securities underwritten or privately placed by as Section 20 Subsidiary and issued by or for the benefit of any Loan Party or any Affiliate of any Loan Party.
Appears in 3 contracts
Sources: Credit Agreement (Corrpro Companies Inc /Oh/), Credit Agreement (Ii-Vi Inc), Credit Agreement (Lone Star Technologies Inc)
Section 20 Subsidiaries. The Loan Parties will not, directly or indirectly, use any portion of the proceeds of the Loans (i) knowingly to purchase any Ineligible Securities from a Section 20 Subsidiary during any period in which such Section 20 Subsidiary makes a market in such Ineligible Securities, (ii) knowingly to purchase during the underwriting or placement period Ineligible Securities being underwritten or privately placed by a Section 20 Subsidiary, or (iii) to make payments of principal or interest on Ineligible Securities underwritten or privately placed by as a Section 20 Subsidiary and issued by or for the benefit of any Loan Party or any Affiliate of any Loan Party.
Appears in 2 contracts
Sources: Credit Agreement (Grubb & Ellis Co), Credit Agreement (Grubb & Ellis Co)
Section 20 Subsidiaries. The Loan Parties will not, directly or indirectly, do not intend to use and shall not use any portion of the proceeds of the Loans Loans, directly or indirectly (i) knowingly to purchase any Ineligible Securities from a Section 20 Subsidiary during any period in which such Section 20 Subsidiary makes a market in such Ineligible Securities, (ii) knowingly to purchase during the underwriting or placement period Ineligible Securities being underwritten or privately placed by a Section 20 Subsidiary, or (iii) to make payments of principal or interest on Ineligible Securities underwritten or privately placed by as a Section 20 Subsidiary and issued by or for the benefit of any Loan Party or any Affiliate Subsidiary of any Loan Party.
Appears in 2 contracts
Sources: Credit Agreement (Vulcan Asphalt Refining Corp), Credit Agreement (Independent Gasoline & Oil Co of Rochester)
Section 20 Subsidiaries. The Loan Parties will not, directly or indirectly, Borrower does not intend to use and shall not use any portion of the proceeds of the Loans Bonds, directly or indirectly (i) knowingly to purchase any Ineligible Securities from a Section 20 Subsidiary during any period in which such Section 20 Subsidiary makes a market in such Ineligible Securities, (ii) knowingly to purchase during the underwriting or placement period Ineligible Securities being underwritten or privately placed by a Section 20 Subsidiary, or (iii) to make payments of principal or interest on Ineligible Securities underwritten or privately placed by as a Section 20 Subsidiary and issued by or for the benefit of any Loan Party the Borrower or any Affiliate of any Loan Partythe Borrower.
Appears in 2 contracts
Sources: Reimbursement, Credit and Security Agreement, Reimbursement, Credit and Security Agreement (York Water Co)
Section 20 Subsidiaries. The Loan Parties will not, directly or indirectly, Borrower does not intend to use and shall not use any portion of the proceeds of the Loans Loans, directly or indirectly (i) knowingly to purchase any Ineligible Securities from a Section 20 Subsidiary during any period in which such Section 20 Subsidiary makes a market in such Ineligible Securities, (ii) knowingly to purchase during the underwriting or placement period Ineligible Securities being underwritten or privately placed by a Section 20 Subsidiary, or (iii) to make payments of principal or interest on Ineligible Securities underwritten or privately placed by as Section 20 Subsidiary and issued by or for the benefit of any Loan Party Borrower or any Affiliate Subsidiary of any Loan PartyBorrower.
Appears in 1 contract
Sources: Credit Agreement (Aquapenn Spring Water Company Inc)
Section 20 Subsidiaries. The Loan Parties Borrower will not, directly or indirectly, use any portion of the proceeds of the Loans Term Loan (i) knowingly to purchase any Ineligible Securities from a Section 20 Subsidiary during any period in which such Section 20 Subsidiary makes a market in such Ineligible Securities, (ii) knowingly to purchase during the underwriting or placement period Ineligible Securities being underwritten or privately placed by a Section 20 Subsidiary, or (iii) to make payments of principal or interest on Ineligible Securities underwritten or privately placed by as Section 20 Subsidiary and issued by or for the benefit of any Loan Party Borrower or any Affiliate of any Loan Partythe Borrower.
Appears in 1 contract
Sources: Term Loan Credit Agreement (Champion Industries Inc)
Section 20 Subsidiaries. The Loan Parties Borrower will not, directly or indirectly, use any portion of the proceeds of the Loans Revolving Loan (i) knowingly to purchase any Ineligible Securities from a Section 20 Subsidiary during any period in which such Section 20 Subsidiary makes a market in such Ineligible Securities, (ii) knowingly to purchase during the underwriting or placement period Ineligible Securities being underwritten or privately placed by a Section 20 Subsidiary, or (iii) to make payments payment of principal or interest on Ineligible Securities underwritten or privately placed by as Section 20 Subsidiary and issued by or for the benefit of any Loan Party Borrower or any Affiliate of any Loan Partythe Borrower.
Appears in 1 contract
Sources: Revolving Credit Agreement (Champion Industries Inc)
Section 20 Subsidiaries. The Loan Parties Borrowers will not, directly or indirectly, use any portion of the proceeds of the Loans (i) knowingly to purchase any Ineligible Securities from a Section 20 Subsidiary during any period in which such Section 20 Subsidiary makes a market in such Ineligible Securities, (ii) knowingly to purchase during the underwriting or placement period Ineligible Securities being underwritten or privately placed by a Section 20 Subsidiary, or (iii) to make payments of principal or interest on Ineligible Securities underwritten or privately placed by as Section 20 Subsidiary and issued by or for the benefit of any Loan Party or any Affiliate of any Loan Party.
Appears in 1 contract
Section 20 Subsidiaries. The Loan Parties Borrowers will not, directly or indirectly, use any portion of the proceeds of the Term Loans (i) knowingly to purchase any Ineligible Securities from a Section 20 Subsidiary during any period in which such Section 20 Subsidiary makes a market in such Ineligible Securities, (ii) knowingly to purchase during the underwriting or placement period Ineligible Securities being underwritten or privately placed by a Section 20 Subsidiary, or (iii) to make payments of principal or interest on Ineligible Securities underwritten or privately placed by as Section 20 Subsidiary and issued by or for the benefit of any Loan Party Borrower or any Affiliate of any Loan PartyBorrower.
Appears in 1 contract
Sources: Term Loan Credit Agreement (Champion Industries Inc)
Section 20 Subsidiaries. The Loan Parties will not, directly or indirectly, do not intend to use and shall not use any portion of the proceeds of the Loans Loans, directly or indirectly (i) knowingly to purchase any Ineligible Securities from a Section 20 Subsidiary during any period in which such Section 20 Subsidiary makes a market in such Ineligible Securities, (ii) knowingly to purchase during the underwriting or placement period Ineligible Securities being underwritten or privately placed by a Section 20 Subsidiary, or (iii) to make payments of principal or interest on Ineligible Securities underwritten or privately placed by as Section 20 Subsidiary and issued by or for the benefit of any Loan Party or any Affiliate Subsidiary of any Loan Party.
Appears in 1 contract
Sources: Credit Agreement (Bell Oil Corp)
Section 20 Subsidiaries. The Loan Parties Borrower will not, directly or indirectly, use any portion of the proceeds of the Loans Revolving Loan (i) knowingly to purchase any Ineligible Securities from a Section 20 Subsidiary during any period in which such Section 20 Subsidiary makes a market in such Ineligible Securities, (iiSecurities,(ii) knowingly to purchase during the underwriting or placement period Ineligible Securities being underwritten or privately placed by a Section 20 Subsidiary, or (iii) to make payments payment of principal or interest on Ineligible Securities underwritten or privately placed by as Section 20 Subsidiary and issued by or for the benefit of any Loan Party Borrower or any Affiliate of any Loan Partythe Borrower.
Appears in 1 contract
Sources: Revolving Credit Agreement (Champion Industries Inc)