Common use of Advances and Investments Clause in Contracts

Advances and Investments. Purchase or acquire any securities of, or make any loans or advances to, or investments in, any person, firm or corporation, except obligations of the United States Government, open market commercial paper rated one of the top two ratings by a rating agency of recognized standing, or certificates of deposit in insured financial institutions.

Appears in 15 contracts

Samples: Credit Agreement (Allen Test Co Inc & Point Release Test 10/08/01), Credit Agreement (Power Efficiency Corp), Term Loan Agreement (Made2manage Systems Inc)

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Advances and Investments. Purchase or acquire any securities of, or make any loans or advances to, to or investments in, in any person, firm person or corporationbusiness entity, except obligations of the United States Government, open market commercial paper rated one of the top two ratings by a rating agency of recognized standing, or certificates of deposit in insured financial institutions.

Appears in 2 contracts

Samples: Term Loan Agreement (National Home Centers Inc), Term Loan Agreement (Northern Radio Network Corp)

Advances and Investments. Purchase or acquire any securities of, or make any loans or advances to, . or investments in, any person, . firm or corporation, . except obligations of the United States Government, open market commercial paper rated one of the top two ratings by a rating agency of recognized standing, or certificates of deposit in insured financial institutions.

Appears in 1 contract

Samples: Perceptron Inc/Mi

Advances and Investments. Purchase or acquire any securities of, or make any loans or advances to, or investments in, any an person, firm or corporation, except obligations of the United States Government, open market commercial paper rated one of the top two ratings by a rating agency of recognized standing, or certificates of deposit in insured financial institutions.

Appears in 1 contract

Samples: Credit Authorization Agreement (Michigan Community Bancorp LTD)

Advances and Investments. Purchase or acquire any securities of, or make any loans or advances to, or investments in, any person, firm or corporation, except advances to Interface Systems International, Ltd. and obligations of the United States Government, open market commercial paper rated one of the top two ratings by a rating agency of recognized standing, or certificates of deposit in insured financial institutions.

Appears in 1 contract

Samples: Credit Authorization Agreement (Interface Systems Inc)

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Advances and Investments. Purchase or acquire any securities of, or make any loans or advances to, or investments in, any person, firm or corporation, except obligations of the United States Government, open market commercial paper rated one of the top two ratings by a rating agency of recognized standing, or certificates of deposit in insured financial institutions.. 5

Appears in 1 contract

Samples: Credit Authorization Agreement (National Techteam Inc /De/)

Advances and Investments. Purchase or acquire any securities of, or make any loans or advances to, to or investments in, any person, firm or corporation, except obligations of the United States Government, open market commercial paper rated one of the top two ratings by a rating agency of recognized standing, or certificates of deposit in insured financial institutions.

Appears in 1 contract

Samples: Line of Credit Agreement (Neopharm Inc)

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