Certain Advances. There are no receivables of the Company owing from directors, officers, employees, consultants or stockholders of the Company or owing by any affiliate or any director or officer of the Company, other than advances in the ordinary course of business consistent with past practice to officers and employees for reimbursable business expenses which are not in excess of $5,000 for any one individual.
Certain Advances. Except as set forth in Schedule 3.21, there are no receivables of Company owing from directors, officers, employees, consultants or stockholders of Company, or owing by any Affiliate of any director or officer of Company, other than advances in the ordinary and usual course of business to officers and employees for reimbursable business expenses which are not in excess of $5,000 for any one individual.
Certain Advances. Each applicable Borrower executing and delivering to the relevant Lender or the Agent customary documentation required by such Lender or the Agent, as applicable, from time to time for purposes of extending Advances by way of Letter of Credit, Letter of Guarantee, Bankers' Acceptance and Hedge Contracts.
Certain Advances. Borrower and Lender confirm that all amounts disbursed by Lender under Section 7, or elsewhere under the Loan Documents, for payment of Taxes, insurance premiums and other costs and expenses in connection with the operation, protection or preservation of the Mortgaged Property, are intended to comply with §5301.233 of the Revised Code of Ohio. In addition to any other debt or obligation, this Instrument will secure unpaid balances of advances made with respect to the Mortgaged Property for the payment of Taxes, assessments, insurance premiums or costs incurred for the protection of the Mortgaged Property.
Certain Advances. There are no loans by the Company to any directors, officers, employees, consultants or shareholders of the Company, or owing by any Affiliate of any director or officer of the Company, other than advances in the ordinary course of business consistent with past practice to officers and employees for reimbursable business expenses which are not in excess of US$l,000 or the equivalent in any other currency for anyone individual.
Certain Advances. Except for agreements set forth in Section 4.17 of the Company Disclosure Letter, there are no loans or advances that individually or in the aggregate are in excess of $100,000 of the Company or any Company Subsidiary owing by directors, officers, employees, consultants or shareholders of the Company or any Company Subsidiary, or owing by any Affiliate of any director or officer of the Company or any Company Subsidiary, other than advances in the ordinary and usual course of business to officers and employees for reimbursable business expenses.
Certain Advances. As contemplated by 42 Pa. C.S.A. ss.8 144, this Mortgage secures, and the Obligations Secured include, the unpaid balances of any advances made with respect to the Mortgaged Property for the payment of taxes, assessments, maintenance charges, insurance premiums or costs incurred for the protection of the Mortgaged Property or the lien of this Mortgage and expenses incurred by Mortgagee by reason of default by Mortgagor under this Mortgage.
Certain Advances. There are no receivables of BPO owing by directors or officers of BPO, or owing by any Affiliate of any director or officer of BPO. For purposes of this Agreement, "Affiliate" shall mean the officers and directors of BPO and any stockholder of BPO who owns five percent (5%) or more the outstanding capital stock of BPO.
Certain Advances. There are no receivables of NaviCyte owing from directors, officers, employees, consultants, advisors or stockholders of NaviCyte, or owing by any affiliate of any director, officer or stockholder of NaviCyte.
Certain Advances. The Lenders shall not be required to make any Advance:
(i) In the case of PHI, after June 30, 2005, unless PHI shall have delivered to the Agent a certificate to the effect that (and attaching copies of) all corporate and governmental approvals (including approvals of the SEC and any applicable state or federal public utilities commission) necessary for such Borrower to have Outstanding Loans in the applicable amount have been obtained.
(ii) In the case of PEPCO, after June 30, 2005, unless PEPCO shall have delivered to the Agent a certificate to the effect that (and attaching copies of) all corporate and governmental approvals (including approvals of the SEC and any applicable state or federal public utilities commission) necessary for such Borrower to have Outstanding Loans in the applicable amount have been obtained.
(iii) In the case of DPL, after March 31, 2004, unless DPL shall have delivered to the Agent a certificate to the effect that (and attaching copies of) all corporate and governmental approvals (including approvals of the SEC and any applicable state or federal public utilities commission) necessary for such Borrower to have Outstanding Loans in the applicable amount have been obtained.
(iv) In the case of ACE, after January 1, 2004, unless ACE shall have delivered to the Agent a certificate to the effect that (and attaching copies of) all corporate and governmental approvals (including approvals of the SEC and any applicable state or federal public utilities commission) necessary for such Borrower to have Outstanding Loans in the applicable amount have been obtained.
