Common use of Tender Offers and Going Private Clause in Contracts

Tender Offers and Going Private. Neither Borrower nor any Subsidiary shall use (or permit to be used) any proceeds of the Loans to acquire any security in any transaction which is subject to Section 13 or 14 of the Securities Exchange Act of 1934, as amended, or any regulations or rulings thereunder.

Appears in 10 contracts

Samples: Revolving Credit Agreement (Centennial Bank Holdings, Inc.), Revolving Credit and Term Loan Agreement (Continental Materials Corp), Revolving Credit Agreement (First Community Bancorp /Ca/)

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Tender Offers and Going Private. Neither the Borrower nor any Subsidiary subsidiary shall use (or permit to be used) any proceeds of the Loans Term Loan to acquire any security in any transaction which is subject to Section 13 or 14 of the Securities Exchange Act of 1934, as amended, or any regulations or rulings thereunder.

Appears in 6 contracts

Samples: Term Loan Agreement (Nuway Medical Inc), Convertible Loan Agreement (Nuway Medical Inc), Convertible Loan Agreement (Nuway Medical Inc)

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Tender Offers and Going Private. Neither The Borrower nor any Subsidiary shall not use (or permit to be used) any proceeds of the Loans to acquire any security in any transaction which is subject to Section 13 or 14 of the Securities Exchange Act of 1934, as amended, or any regulations or rulings thereunder.

Appears in 1 contract

Samples: Loan Agreement (Ilex Oncology Inc)

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