Loans, Advances and Investments. The Borrower will not and will not permit any Subsidiary to make or permit to remain outstanding any loan or advance to, or extend credit other than credit extended in the normal course of business to any Person who is not an Affiliate of the Borrower to, or own, purchase or acquire any stock, obligations or securities of, or any other interest in, or make any capital contribution to, any Person, or make any Acquisition, or commit to do any of the foregoing, except:
Appears in 4 contracts
Samples: Credit Agreement (Saia Inc), Credit Agreement (Saia Inc), Credit Agreement (Saia Inc)
Loans, Advances and Investments. The Borrower will shall not permit, and will shall not permit any Subsidiary to make or permit to remain outstanding any loan or advance to, or extend credit other than credit extended in the normal course of business to any Person who is not an Affiliate of the Borrower to, or own, purchase or acquire any stock, obligations or securities of, or any other interest in, or make any capital contribution to, any Person, or make consummate any Acquisition, except that the Borrower or commit to do any of the foregoing, except:Subsidiary may
Appears in 2 contracts
Samples: Security Agreement (Matson, Inc.), Credit Agreement (Alexander & Baldwin Holdings, Inc.)
Loans, Advances and Investments. The Borrower will not and will not permit any Subsidiary to make or permit to remain outstanding any loan or advance to, or extend credit other than credit extended in the normal course of business to any Person who is not an Affiliate of the Borrower to, or own, purchase or acquire any stock, obligations or securities of, or any other interest in, or make any capital contribution to, any Person, or make any Acquisition, or commit to do any of the foregoing, (all of the foregoing collectively being “Investments”), except:
Appears in 2 contracts
Samples: Assignment and Assumption (Saia Inc), Guaranty Agreement (SCS Transportation Inc)
Loans, Advances and Investments. The Borrower will not and will not permit any Subsidiary to make or permit to remain outstanding any loan or advance to, or extend credit other than credit extended in the normal course of business to any Person who is not an Affiliate of the Borrower to, or own, purchase or acquire any stock, obligations or securities of, or any other interest in, or make any capital contribution to, any Person, or make any Acquisition, or commit to do any of the foregoing, (all of the foregoing collectively being "INVESTMENTS"), except:
Appears in 1 contract
