Permitted Acquisitions. In determining the amount of investments, acquisitions, loans, and advances permitted under this Section, investments and acquisitions shall always be taken at the original cost thereof (regardless of any subsequent appreciation or depreciation therein), and loans and advances shall be taken at the principal amount thereof then remaining unpaid.
Appears in 4 contracts
Sources: Credit Agreement (Penford Corp), Delayed Draw Term Loan Credit Agreement (Penford Corp), Credit Agreement (Penford Corp)
Permitted Acquisitions. In determining the amount of investments, acquisitionsAcquisitions, loans, advances and advances guarantees permitted under this Section, investments and acquisitions Acquisitions shall always be taken at the original cost thereof (regardless of any subsequent appreciation or depreciation therein), and loans and advances shall be taken at the principal amount thereof then remaining unpaid, and guarantees shall be taken at the amount of obligations guaranteed thereby.
Appears in 4 contracts
Sources: Credit Agreement (Hewitt Associates Inc), Credit Agreement (Hewitt Associates Inc), 364 Day Credit Agreement (Hewitt Associates Inc)