Common use of Investments and Loans Clause in Contracts

Investments and Loans. Make or permit to exist investments in or loans to any other Person, except: (a) Cash Equivalents; and (b) loans and advances to employees for moving, entertainment, travel and other similar expenses in the ordinary course of business in an aggregate outstanding amount not in excess of $200,000 at any time.

Appears in 2 contracts

Samples: Loan and Security Agreement (Belding Heminway Co Inc /De/), Loan and Security Agreement (Sun Sportswear Inc)

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Investments and Loans. Make or permit to exist investments in or loans to any other Person, except: (a) Cash Equivalents; and (b) loans and advances to employees for moving, entertainment, travel and other similar expenses in the ordinary course of business in an aggregate outstanding amount not in excess of $200,000 1,000,000 at any time.

Appears in 2 contracts

Samples: Credit and Security Agreement (Tower Air Inc), Loan and Security Agreement (Skechers Usa Inc)

Investments and Loans. Make or permit to exist investments in or --------------------- loans to any other Person, except: (a) Cash Equivalents; and (b) loans and advances to employees for moving, entertainment, travel and other similar expenses in the ordinary course of business in an aggregate outstanding amount not in excess of $200,000 1,000,000 at any time.

Appears in 2 contracts

Samples: Loan and Security Agreement (Tower Air Inc), Loan and Security Agreement (Tower Air Inc)

Investments and Loans. Make or permit to exist investments in or loans to any other Person, except: (a) Cash Equivalents; and (b) loans and advances to employees for moving, entertainment, travel and other similar expenses in the ordinary course of business in an aggregate outstanding amount not in excess of $200,000 150,000 at any time.

Appears in 1 contract

Samples: Loan and Security Agreement (Intensiva Healthcare Corp)

Investments and Loans. Make or permit to exist investments in or loans to any other Person, except: (a) Cash Equivalents; and (b) loans and advances to employees for moving, entertainment, travel and other similar expenses in the ordinary course of business in an aggregate outstanding amount not in excess of $200,000 250,000 at any time.; (c) Intercompany Indebtedness permitted under subsection 7.1; II-80

Appears in 1 contract

Samples: Loan and Security Agreement (Comforce Operating Co)

Investments and Loans. Make or permit to exist investments in or --------------------- loans to any other Person, except: (a) Cash Equivalents; and (b) loans and advances to employees for moving, entertainment, travel and other similar expenses in the ordinary course of business in an aggregate outstanding amount not in excess of $200,000 1,000,000 at any time; and (c) investments which would be permitted Indebtedness pursuant to Subsection 7.1 and 7.2; and (d) permitted -------------- --- acquisitions.

Appears in 1 contract

Samples: Loan and Security Agreement (Banctec Inc)

Investments and Loans. Make or permit to exist investments in or loans to any other Person, except: (a) Cash Equivalents; and (b) loans and advances to employees for moving, entertainment, travel and other similar expenses in the ordinary course of business in an aggregate outstanding amount not in excess of $200,000 50,000 at any time.

Appears in 1 contract

Samples: Loan and Security Agreement (Editek Inc)

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Investments and Loans. Make or permit to exist investments in or loans to any other Person, except: (a) Cash Equivalents; and (b) loans and advances to employees for moving, entertainment, travel and other similar expenses in the ordinary course of business in an aggregate outstanding amount not in excess of $200,000 at any time25,000; and (c) notes issued by franchisees to Borrowers for past-due Accounts arising in the ordinary course of business.

Appears in 1 contract

Samples: Loan and Security Agreement (Pizza Inn Holdings, Inc /Mo/)

Investments and Loans. Make or permit to exist investments in or loans to any other Person, except: (a) Cash Equivalents; and (b) loans and advances to employees for moving, entertainment, travel and other similar expenses in the ordinary course of business in an aggregate outstanding amount not in excess of $200,000 1,000,000 at any time; and (c) investments which would be permitted Indebtedness pursuant to Subsection 7.1 and 7.2; and (d) permitted acquisitions.

Appears in 1 contract

Samples: Loan and Security Agreement (Banctec Inc)

Investments and Loans. Make or permit to exist investments in or loans --------------------- to any other Person, except: (a) Cash Equivalents; and (b) loans and advances to employees for moving, entertainment, travel and other similar expenses in the ordinary course of business in an aggregate outstanding amount not in excess of $200,000 50,000 at any time.; and (c) investments or loans existing on the Closing Date and identified on Schedule -------- 7.4. ---

Appears in 1 contract

Samples: Loan and Security Agreement (Right Start Inc /Ca)

Investments and Loans. Make or permit to exist investments in or loans to any other Person, except: (a) Cash Equivalents; and (b) loans and advances to employees for moving, entertainment, travel and other similar expenses in the ordinary course of business in an aggregate outstanding amount not in excess of $200,000 25,000.00 at any time.

Appears in 1 contract

Samples: Loan and Security Agreement (Rankin Automotive Group Inc)

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