Common use of CORPORATE LOANS Clause in Contracts

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.

Appears in 3 contracts

Samples: Construction Loan and Security Agreement (Griffin Land & Nurseries Inc), Construction Loan and Security Agreement (Griffin Land & Nurseries Inc), Construction Loan and Security Agreement (Griffin Land & Nurseries Inc)

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CORPORATE LOANS. Subject to Section 11.04, the The Borrower agrees that it shall neither make any loans, loans nor investments in other corporations, corporations and business entities or to any other Persons, Persons until all Obligations are fully paidpaid and while any availability remains under the Revolving Line of Credit.

Appears in 1 contract

Samples: Loan and Security Agreement (Smith & Wesson Holding Corp)

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CORPORATE LOANS. Subject to Section 11.04, the 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.

Appears in 1 contract

Samples: Loan and Security Agreement (Griffin Industrial Realty, Inc.)

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