Common use of Loans; Investments Clause in Contracts

Loans; Investments. No Obligor shall make any loan or advance to, make any investment in, or enter into any working capital maintenance or similar agreement with respect to any person whether by acquisition of stock or indebtedness, by loan, guarantee or otherwise, except loans to another Obligor to the extent such Obligor is permitted to incur such Debt under Clause 20.6 (Debt) and except as otherwise permitted under the Accounts Security.

Appears in 2 contracts

Samples: Credit Agreement (DHT Holdings, Inc.), Credit Agreement (DHT Holdings, Inc.)

AutoNDA by SimpleDocs

Loans; Investments. No Obligor shall make any loan or advance to, make any investment in, or enter into any working capital maintenance or similar agreement with respect to any person whether by acquisition of stock or indebtedness, by loan, guarantee or otherwise, except loans to another Obligor to the extent such Obligor is permitted to incur such Debt under Clause 20.6 22.9 (Debt) and except as otherwise permitted under the Accounts Security).

Appears in 1 contract

Samples: Credit Agreement (Eagle Bulk Shipping Inc.)

Loans; Investments. No Obligor shall make any loan or advance to, make any investment in, or enter into any working capital maintenance or similar agreement (each such transaction, an “Investment”) with respect to any person whether by acquisition of stock or indebtedness, by loan, guarantee or otherwise, except loans to another Obligor to the extent such Obligor is permitted to incur such Debt under Clause 20.6 22.9 (Debt), and subject to Clause 22.24(e) and except as otherwise permitted under the Accounts Security(Eagle Chartering).

Appears in 1 contract

Samples: Possession Credit Agreement (Eagle Bulk Shipping Inc.)

AutoNDA by SimpleDocs

Loans; Investments. No Obligor shall make any loan or advance to, make any investment in, or enter into any working capital maintenance or similar agreement with respect to any person whether by acquisition of stock or indebtedness, by loan, guarantee or otherwise, except loans to another Obligor to the extent such Obligor is permitted to incur such Debt under Clause 20.6 22.9 (Debt), and subject to Clause 22.23(e) and except as otherwise permitted under the Accounts Security(Eagle Chartering).

Appears in 1 contract

Samples: Facility Agreement (Eagle Bulk Shipping Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.