Certain Loans Sample Clauses
Certain Loans. There are no outstanding loans, guarantees, credit facilities or advances from the Company (or any Person on the Company’s behalf and account) to any current or former employees or shareholders of the Company.
Certain Loans. The Company is repaying to the Stockholders the loans identified on SCHEDULE 4.10.
Certain Loans. Neither the Company nor any Subsidiary has any accounts or loans receivable from any Person which is affiliated with the Company or any Subsidiary or from any director or officer or, other than in the ordinary and usual course of business, any employee of the Company or any Subsidiary.
Certain Loans. Prior to making, renewing or otherwise modifying any of the following types of Loans, the Company shall inform Parent: (A) Loans to any person or entity if immediately after making such Loan, such Loan is risk rated “7” or worse by the Company (which includes all “criticized” and “classified” Loans) and is in the amount of $2,500,000 or greater, and (B) Loans to any person or entity if immediately after making such Loan, such person or entity would be directly indebted to the Company or any Company Subsidiary, excluding participations sold, in an aggregate amount of $10,000,000 or greater.
Certain Loans. There shall not have been an increase of more than $2.75 million ($2,750,000) in commercial loans and multi-family loans delinquent ninety days or more (90) days as of any month end prior to the Closing Date, compared to the amount of such delinquencies as of the month end prior to the date of this Agreement; and
Certain Loans. Notwithstanding any other provision of this Agreement, any Loan procured through fraud, willful misconduct or gross negligence by an ITT ESI employee shall, upon written notice from the CUSO to ITT ESI (identifying such Loan and describing the fraud, willful misconduct or gross negligence by the ITT ESI employee), be deemed a Charged Off ITT ESI Risk Loan without regard to whether the First Loss Risk for the applicable Loan Pool has been exceeded. ITT ESI may, at any time, discharge its obligations with respect to any such Loan as if it were a Mature Loan subject to Section 3.6, regardless of the number of monthly payments made thereon and, in such event, any such Loan shall no longer be considered an ITT ESI Risk Loan for any purpose under this Agreement.
Certain Loans. There are no outstanding loans, advances (except normal advances for business expenses in the ordinary course of business) or guarantees of indebtedness by Seller to, or for the benefit of, any of the officers, directors, or director-nominees of Seller or any of the members of the families of any of them, except as disclosed in the Seller Disclosure Letter.
Certain Loans. Except as Previously Disclosed in a Loan Schedule, (i) as of ------------- August 31, 1995, the Bank is not a party as lender to any written or oral loan agreement, note or borrowing arrangement, other than loans the unpaid balance of which does not exceed $250,000 per loan (each such loan not so excepted being referred to herein as a "Loan"), under the terms of which the obligor is sixty (60) days delinquent in payment of principal or interest or, to the best of BANC ONE KENTUCKY's knowledge, in default of any other material provision as of the dates shown on the Loan Schedule; (ii) as of August 31,
Certain Loans. Except as set forth on Schedule 6.15, there are no loans, receivables, advances or similar amounts owed to any Partnership Entity by any director, employee, consultant or equity owner of such Partnership Entity, or owing by any person connected with, any such director, employee, consultant or equity owner, nor is any amount owed by any Partnership Entity to any of its directors, any persons connected with a director, employee or shareholder.
Certain Loans. In respect of a loan with a current principal balance of $110,000 from the Employer to the Executive, the Executive shall pay the first installment of $55,000, with applicable interest, within 30 days following the end of the fiscal year of the Employer that ends in calendar year 2002 and the final installment of $55,000, with applicable interest, within 30 days following the end of the fiscal year of the Employer that ends in calendar year 2003.