Additional Permitted Investments Sample Clauses

Additional Permitted Investments. Section 5.07 of the Credit Agreement is amended by:
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Additional Permitted Investments. For so long as any Commercial Paper issued by a Conduit Purchaser holding an interest in a Series 2010-3 Note is being rated by Standard & Poor's, neither the Master Servicer nor RCFC shall invest, or direct the investment of, any funds on deposit in the Group VII Collection Account, the Series 2010-3 Accrued Interest Account, the Series 2010-3 Excess Funding Account or the Series 2010-3 Cash Collateral Account in a Permitted Investment that is a Permitted Investment pursuant to clause (viii) of the definition thereof (an “Additional Permitted Investment”), unless the Master Servicer shall have received confirmation in writing from Standard & Poor's that the investment of such funds in an Additional Permitted Investment will not cause the rating on such Commercial Paper being rated by Standard & Poor's to be reduced or withdrawn.
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Additional Permitted Investments. Section 5.07 of the Agreement is amended by:
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Additional Permitted Investments. If (i) the Unrestricted Cash of the Parent Company (determined on a stand-alone basis) is $200,000 or less as of the last day of any calendar month ending on or after December 31, 2007, and (ii) the Borrower is not permitted to make Restricted Payments to the Parent Company pursuant to paragraph (e) of Section 7.6 on the last day of such calendar month, then, within fifteen (15) days following the last day of such calendar month, the Parent Company shall (A) undertake and complete arrangements for the receipt by the Parent Company of the cash proceeds of new Permitted Investments in the minimum aggregate amount of $500,000, (B) provide to the Administrative Agent a written notice (1) confirming the Parent Company’s receipt of the cash proceeds of such new Permitted Investments, (2) specifying the amount (if any) of such new Permitted Investments that constitutes the aggregate cash proceeds from the issue of Permitted Equity Interests, identifying the Permitted Equity Interests so issued by the Parent Company, and identifying the purchasers of such Permitted Equity Interests, (3) specifying the amount (if any) of such new Permitted Investments that constitutes the aggregate original principal amount of new Permitted Investor Loans, and identifying the lenders of such new Permitted Investor Loans, (4) confirming that each of the lenders thereof is bound by a Standstill Agreement, and (5) setting forth the Unrestricted Cash of the Parent Company (determined on a stand-alone basis) after giving effect to the Parent Company’s receipt of such new Permitted Investments, and (C) provide to the Administrative Agent true and complete copies of all Instruments and Governing Documents evidencing or governing such new Permitted Investments that have not already been provided to the Administrative Agent. The Principal Companies understand and agree that any breach by the Parent Company of its obligations under this paragraph (g) shall be an Event of Default under Section 8.1(b).
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Additional Permitted Investments. Section 5.07 of the Credit Agreement is amended by (i) deleting the "and" at the end of clause (n) thereof, (ii) renumbering clause (o) thereof as clause (p) and substituting a reference to "clause (p)" for the reference to "clause (o)" contained therein and (iii) adding a new clause (o) immediately after clause (n) thereof, to read in its entirety as follows:
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Additional Permitted Investments. Section 5.07 of the Credit Agreement is amended by substituting the dollar amount "$134,000,000" for the dollar amount "$122,000,000" set forth in clause (d) thereof.
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Additional Permitted Investments. (a) The definition of "Additional Capital" in Section 1.01 of the Credit Agreement is amended to read as follows:
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Related to Additional Permitted Investments

  • Permitted Investments At any time, any one or more of the following obligations and securities:

  • Collateral Fund Permitted Investments The Company shall, at the written direction of the Purchaser, invest the funds in the Collateral Fund in Collateral Fund Permitted Investments. Such direction shall not be changed more frequently than quarterly. In the absence of any direction, the Company shall select such investments in accordance with the definition of Collateral Fund Permitted Investments in its discretion. All income and gain realized from any investment as well as any interest earned on deposits in the Collateral Fund (net of any losses on such investments) and any payments of principal made in respect of any Collateral Fund Permitted Investment shall be deposited in the Collateral Fund upon receipt. All costs and realized losses associated with the purchase and sale of Collateral Fund Permitted Investments shall be borne by the Purchaser and the amount of net realized losses shall be deposited by the Purchaser in the Collateral Fund promptly upon realization. The Company shall periodically (but not more frequently than monthly) distribute to the Purchaser upon request an amount of cash, to the extent cash is available therefore in the Collateral Fund, equal to the amount by which the balance of the Collateral Fund, after giving effect to all other distributions to be made from the Collateral Fund on such date, exceeds the Required Collateral Fund Balance. Any amounts so distributed shall be released from the lien and security interest of this Agreement.

  • Permitted Indebtedness Borrower shall not create, incur, assume or suffer to exist any Indebtedness, except the following (collectively, "Permitted Indebtedness"): (i) Indebtedness under the Loan Documents, (ii) any Indebtedness set forth on Schedule 7.2, (iii) Capitalized Lease Obligations incurred after the Closing Date and Indebtedness incurred pursuant to purchase money Liens permitted by Section 7.3(v), provided that the aggregate amount of such Capitalized Lease Obligations and purchase money indebtedness outstanding at any time shall not exceed $75,000, (iv) Indebtedness in connection with advances made by a stockholder in order to cure any default of the financial covenants set forth on Annex I; provided, however, that such Indebtedness shall be on an unsecured basis, subordinated in right of repayment and remedies to all of the Obligations and to all of Lender's rights pursuant to a subordination agreement in form and substance satisfactory to Lender; (v) accounts payable to trade creditors and current operating expenses (other than for borrowed money) which are not aged more than 120 calendar days from the billing date or more than 30 days from the due date, in each case incurred in the ordinary course of business and paid within such time period, unless the same are being contested in good faith and by appropriate and lawful proceedings and such reserves, if any, with respect thereto as are required by GAAP and deemed adequate by Borrower's independent accountants shall have been reserved; (vi) borrowings incurred in the ordinary course of business and not exceeding $10,000 individually or in the aggregate outstanding at any one time, provided, however, that such Indebtedness shall be on an unsecured basis, subordinated in right of repayment and remedies to all of the Obligations and to all of Lender's rights pursuant to a subordination agreement in form and substance satisfactory to Lender; and (vii)

  • Acquisitions and Investments The Borrower will not, nor will it permit any Subsidiary to, make or suffer to exist any Investments (including without limitation, loans and advances to, and other Investments in, Subsidiaries), or commitments therefor, or become or remain a partner in any partnership or joint venture, or to make any Acquisition of any Person, except:

  • Restricted Investments Make any Restricted Investment.

  • Permitted Debt Create, incur, guarantee or suffer to exist any Debt, except:

  • Loans and Investments Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, at any time make or suffer to remain outstanding any loan or advance to, or purchase, acquire or own any stock, bonds, notes or securities of, or any partnership interest (whether general or limited) or limited liability company interest in, or any other investment or interest in, or make any capital contribution to, any other Person, or agree, become or remain liable to do any of the foregoing, except:

  • Investments and Acquisitions The Borrower will not, nor will it permit any Subsidiary to, make or suffer to exist any Investments (including without limitation, loans and advances to, and other Investments in, Subsidiaries), or commitments therefor, or to create any Subsidiary or to become or remain a partner in any partnership or joint venture, or to make any Acquisition of any Person, except:

  • Creation/Acquisition of Subsidiaries In the event Borrower, or any of its Subsidiaries creates or acquires any Subsidiary, Borrower shall provide prior written notice to Collateral Agent and each Lender of the creation or acquisition of such new Subsidiary and take all such action as may be reasonably required by Collateral Agent or any Lender to cause each such Subsidiary to become a co-Borrower hereunder or to guarantee the Obligations of Borrower under the Loan Documents and, in each case, grant a continuing pledge and security interest in and to the assets of such Subsidiary (substantially as described on Exhibit A hereto); and Borrower (or its Subsidiary, as applicable) shall grant and pledge to Collateral Agent, for the ratable benefit of the Lenders, a perfected security interest in the Shares; provided, however, that solely in the circumstance in which Borrower or any Subsidiary creates or acquires a Foreign Subsidiary in an acquisition permitted by Section 7.7 hereof or otherwise approved by the Required Lenders, (i) such Foreign Subsidiary shall not be required to guarantee the Obligations of Borrower under the Loan Documents and grant a continuing pledge and security interest in and to the assets of such Foreign Subsidiary, and (ii) Borrower shall not be required to grant and pledge to Collateral Agent, for the ratable benefit of Lenders, a perfected security interest in more than sixty-five percent (65%) of the Shares of such Foreign Subsidiary, if Borrower demonstrates to the reasonable satisfaction of Collateral Agent that such Foreign Subsidiary providing such guarantee or pledge and security interest or Borrower providing a perfected security interest in more than sixty-five percent (65%) of the Shares would create a present and existing adverse tax consequence to Borrower under the U.S. Internal Revenue Code.

  • Additional Capital Contributions and Issuances of Additional Partnership Interests Except as provided in this Section 4.2 or in Section 4.3, the Partners shall have no right or obligation to make any additional Capital Contributions or loans to the Partnership. The General Partner may contribute additional capital to the Partnership, from time to time, and receive additional Partnership Interests in respect thereof, in the manner contemplated in this Section 4.2.

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