Common use of Loans; Investments Clause in Contracts

Loans; Investments. Lend or advance money, credit or property to or invest in (by capital contribution, loan, purchase or otherwise) any Person in excess of US$2,000,000 except: (i) investments in United States Government obligations, certificates of deposit of any banking institution with combined capital and surplus of at least $200,000,000; (ii) accounts receivable arising out of sales in the ordinary course of business; and (iii) inter-company loans between and among the Company and its Subsidiaries;

Appears in 3 contracts

Samples: Chile Mining Technologies Inc., Wave Sync Corp., Link Resources Inc.

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Loans; Investments. Lend or advance money, credit or property to or invest in (by capital contribution, loan, purchase or otherwise) any Person in excess of US$2,000,000 $500,000 except: (i) investments in United States Government obligations, certificates of deposit of any banking institution with combined capital and surplus of at least $200,000,000; (ii) accounts receivable arising out of sales in the ordinary course of business; and (iii) inter-company loans between and among the Company and its Subsidiaries;

Appears in 3 contracts

Samples: Convertible Notes (International Isotopes Inc), Securities Purchase Agreement (International Isotopes Inc), International Isotopes Inc

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Loans; Investments. Lend or advance money, credit or property to or invest in (by capital contribution, loan, purchase or otherwise) any firm, corporation, or other Person in excess of US$2,000,000 exceptexcept investments in: (i) investments in United States Government obligations, certificates of deposit of any banking institution with combined capital and surplus of at least $200,000,000200,000,000.00; (ii) accounts receivable arising out of sales of inventory in the ordinary course of business; and (iii) inter-company loans between to and among the Company and its investments in Subsidiaries;.

Appears in 1 contract

Samples: Credit Agreement (Cpi Aerostructures Inc)

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