Directly or indirectly, make or acquire any Investment or incur any liabilities (including contingent obligations) for or in connection with any Investment, except for Permitted Investments.
Owner-Controlled Insurance Program. Owners will provide Service Provider with Workers’ Compensation Insurance, Commercial General Liability Insurance and Excess Liability Insurance for Services performed on-Site through its Owner-Controlled Insurance Program (“OCIP”). If at any time the OCIP is not maintained, Service Provider will be responsible for maintaining coverage identical to the coverage listed in [Section 24.1].
“Controlled Investment Affiliate” means, as to any Person, any other Person which # directly or indirectly is controlled by such Person and # is organized by such Person primarily for the purpose of making equity or debt investments in one or more companies (but is not a portfolio company).
Section # Cash Management. The Borrower shall, and shall cause its Subsidiaries to maintain all cash management and treasury business with or a Permitted Third Party Bank, including, without limitation, all deposit accounts, disbursement accounts, investment accounts and lockbox accounts (other than Excluded Accounts) (each such deposit account, disbursement account, investment account and lockbox account, a “Controlled Account”); each Controlled Account shall be a cash collateral account, with all cash, checks and other similar items of payment in such account securing payment of the Obligations, and in which the Borrower and each of the Subsidiary Loan Parties shall have granted a first priority Lien to the Administrative Agent, on behalf of the Secured Parties, perfected either automatically under the UCC (with respect to Controlled Accounts at ) or subject to Control Account Agreements.
Investments by Subsidiaries in securities of the Borrower and Investments by the Borrower and its Subsidiaries in any business trust controlled, directly or indirectly, by the Borrower to the extent such business trust purchases securities of the Borrower;
“Treasury Management Agreement” means any agreement governing the provision of treasury or cash management services, including deposit accounts, pool accounts, funds transfer, automated clearinghouse, zero balance accounts, returned check concentration, controlled disbursement, lockbox, account reconciliation, credit cards and reporting and trade finance services.
SECTION # Deposit Accounts. Subject to [Section 5.12] and [Section 5.13], none of the Borrower or any other Loan Party will at any time own, open, establish or suffer to exist in its name any Deposit Account or Securities Account, except # Controlled Accounts and # Excluded Accounts.
"Affiliate" means a legal entity which controls, or which is controlled by, or which is controlled by an entity which controls, the Company.
except as provided in # below, after a Participant’s accounts under the Thrift Plan are transferred to another defined contribution plan maintained within the controlled group of corporations of which the Company is the common parent, as if such Accounts had been actual investments transferred to such transferee plan and been invested in accordance with the investment provisions set forth in such transferee plan (effective , without regard to a provision, if any, in such transferee plan permitting participants in such transferee plan to participate in the Vanguard Advisers Managed Account Program), provided that investment elections for purposes of the Plan may differ from those made by such Participant under such transferee plan; or
“CFC” means # each Person that is a “controlled foreign corporation” for purposes of the Code and # each subsidiary of any such controlled foreign corporation.
“Controlled Foreign Subsidiary” means any Subsidiary of the Borrower that is a “controlled foreign corporation” within the meaning of Section 957 of the Code.
“Cash Management Services” shall mean any services provided to Borrowers in connection with operating, collections, payroll, trust, or other depository or disbursement accounts, including automated clearinghouse, e-payable, electronic funds transfer, wire transfer, controlled disbursement, overdraft, depository, information reporting, lockbox and stop payment services.
additional Liens on Property (excluding Property constituting Borrowing Base Properties, Equity Interests of the Borrower or its Restricted Subsidiaries pledged as Collateral and Controlled Accounts) so long as the aggregate principal amount of the obligations secured thereby does not at any time exceed .
“Controlled Group” means all members of a controlled group of corporations, all members of a controlled group of trades or businesses (whether or not incorporated) under common control and all members of an affiliated service group which, together with Borrower or any Subsidiary of Borrower, are treated as a single employer under Section 414 of the Code or [Section 4001(b)] of ERISA.
must be Controlled by ;
Party Bs affiliated subsidiaries shall mean various training institutions established or controlled, or to be established or controlled by Party B as the date of or after the execution of this agreement.
Accounts. To facilitate the transfer of funds contemplated by this Agreement, shall establish and maintain at each of the Accounts. All other deposit accounts, certificate of deposit and other similar account of shall be maintained only in accounts at federally insured financial institutions.
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