Common use of Acquisition of Stock or Assets Clause in Contracts

Acquisition of Stock or Assets. Borrower will not acquire or commit or agree to acquire all or any stock, securities or assets of any other Person other than Inventory and Equipment acquired in the ordinary course of business.

Appears in 4 contracts

Samples: Loan and Security Agreement (Vidamed Inc), Security Agreement (Bei Medical Systems Co Inc /De/), Security Agreement (Bei Medical Systems Co Inc /De/)

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Acquisition of Stock or Assets. Borrower will not acquire or commit or agree to acquire all or any stock, securities or assets of any other Person other than Inventory inventory and Equipment equipment acquired in the ordinary course of business.

Appears in 3 contracts

Samples: Loan and Security Agreement (Repeater Technologies Inc), Loan and Security Agreement (Dendreon Corp), Loan and Security Agreement (Paradigm Genetics Inc)

Acquisition of Stock or Assets. The Borrower will not, and will not permit any of its Subsidiaries to, acquire or commit or agree to acquire all or any stock, securities or assets of any other Person other than Equipment and Inventory and Equipment acquired in the ordinary course of business.

Appears in 2 contracts

Samples: Loan and Security Agreement (Hooper Holmes Inc), Loan and Security Agreement (Grand Toys International LTD)

Acquisition of Stock or Assets. Each Borrower will not, and will not permit any of its Subsidiaries to, acquire or commit or agree to acquire all or any stock, securities or assets of any other Person other than Equipment and Inventory and Equipment acquired in the ordinary course of business.

Appears in 1 contract

Samples: Loan and Security Agreement (Del Global Technologies Corp)

Acquisition of Stock or Assets. Borrower will not acquire or commit ------------------------------ or agree to acquire all or any stock, securities or assets of any other Person other than Inventory and Equipment acquired in the ordinary course of businessbusiness other than as otherwise permitted under Section 6.9 hereof, without duplication of the permitted amount thereunder.

Appears in 1 contract

Samples: Loan and Security Agreement (Pilot Network Services Inc)

Acquisition of Stock or Assets. Borrower will not acquire or commit or agree to acquire all or any stock, securities or assets of any other Person other than Inventory (i) inventory and Equipment equipment acquired in the ordinary course of businessbusiness and (ii) rights as licensee under an exclusive license of intellectual property.

Appears in 1 contract

Samples: Loan and Security Agreement (Cypress Bioscience Inc)

Acquisition of Stock or Assets. Borrower will not acquire or commit or agree to acquire all or any stock, securities or assets of any other Person in a cash or cashless transaction other than Inventory inventory and Equipment equipment acquired in the ordinary course of businessbusiness without the Lender's prior written consent, which shall not be unreasonably withheld.

Appears in 1 contract

Samples: Master Loan and Security Agreement (Incara Pharmaceuticals Corp)

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Acquisition of Stock or Assets. Borrower will not acquire or commit or ------------------------------ agree to acquire all or any stock, securities or assets of any other Person other than Inventory and Equipment acquired in the ordinary course of business*. * , EXCEPT WITH THE WRITTEN CONSENT OF THE LENDER.

Appears in 1 contract

Samples: Loan and Security Agreement (Tut Systems Inc)

Acquisition of Stock or Assets. Borrower will not acquire or commit or agree to acquire all or any stock, securities or assets of any other Person other than (i) Inventory and Equipment acquired in the ordinary course of business, or (ii) acquisitions for which the consideration paid and payable by Borrower is solely stock of the Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Accumed International Inc)

Acquisition of Stock or Assets. Except among affiliates of the Borrower, Borrower will shall not acquire or commit or agree to acquire all or any stock, securities or assets of any other Person other than Inventory inventory and Equipment equipment acquired in the ordinary course of business.

Appears in 1 contract

Samples: Financing Agreement (Pacific Biometrics Inc)

Acquisition of Stock or Assets. Borrower will not acquire or commit or agree to acquire all or any stock, securities or assets of any other Person other than Inventory and Equipment acquired in the ordinary course of business.

Appears in 1 contract

Samples: Loan and Security Agreement (Idt Corp)

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