CORPORATE LOANS. Subject to Section 11.04, the Borrower agrees that it shall neither make any loans, nor investments in other corporations, business entities or to any other Persons, until all Obligations are fully paid.
CORPORATE LOANS. The Company does not have any loans or other obligations payable to any of its officers, directors, employees, or stockholders except as set forth in the Financial Statements. None of the Company's officers, directors, employees, or stockholders has any loans or any other obligations payable to the Company, except as set forth in the Financial Statements.
CORPORATE LOANS. These are loans which are used for the production and/or marketing of goods and services in the various sectors of the economy such as: agriculture, mining, industrial, construction, commercial and services. It is expressly understood that loans granted by means of corporate credit cards, corporate leasing arrangements, project finance and commercial mortgages are included within this type of loan, as are loans to micro, small and medium-sized companies and other forms of financing aimed at the aforementioned sectors.
CORPORATE LOANS. The Company shall not make any loans or advances to any individual, firm, corporation, or other entity including, without limitation, any officer, employee, director, shareholder, or salesperson of the Company.
CORPORATE LOANS. The Seller does not have any loans or other obligations payable to any of its officers, directors, employees, or stockholders except as set forth in the Financial Statements. None of the Seller’s officers, directors, employees, or stockholders has any loans or any other obligations payable to the Seller, except as set forth in the Financial Statements.
CORPORATE LOANS. Purchaser does not have any loans or other obligations payable to any of its officers, directors, employees, or stockholders except as set forth in the Financial Statements. None of the Purchaser’s officers, directors, employees, or stockholders has any loans or any other obligations payable to Purchaser, except as set forth in the Financial Statements
CORPORATE LOANS. The aggregate Additional Loss Amount of the Corporate Loans shall be the sum of the Additional Loss Amount of the Corporate Loans for each CHB borrower set forth in Appendix 4. The Additional Loss Amount of the Corporate Loans for such borrower shall be {the sum of the following in (1), (2) and (3) below for such borrower} minus {the threshold amount for such borrower Appendix 8 (provided that such Additional Loss Amount shall not be negative):
CORPORATE LOANS. Corporate loans are defined as those which are in furtherance of the purpose of the Network as expressed in section 1 above, which have a payback period exceeding one year, and which are memorialized by written agreement. Operating loans, which are defined as loans in furtherance of the purpose of the Network as expressed in section 1 above, but have a payback period of one year or less and tax obligations, accounts payable or other operating credits of less than one year's duration are specifically excluded from the definition of risk capital. For the purpose of computing return on investment of a corporate loan, the value of the corporate loan will be based on the amount of remaining obligation.
CORPORATE LOANS. The Borrower shall not make any loans or advances --------------- to any individual, firm, corporation, or other entity including, without limitation, any Related Entity, officer, employee, director, shareholder, or salesperson of the Borrower with the exceptions of
CORPORATE LOANS. The Borrower shall not make any loans or advances individual, firm, corporation, or other entity including, without limitation, any Related Entity, officer, employee, director, shareholder, or salesperson of the Borrower with the exceptions of (a) advance payments made to the Borrower's suppliers in the ordinary course;
