Common use of Employee Loans Clause in Contracts

Employee Loans. The Obligors have no outstanding loans to any employee, officer or director of any Obligor nor has any Obligor guaranteed the payment of any loan made to an employee, officer or director of any Obligor by a third party.

Appears in 8 contracts

Samples: Loan and Security Agreement (Amyris, Inc.), Loan and Security Agreement (Amyris, Inc.), Loan and Security Agreement (Amyris, Inc.)

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Employee Loans. The Other than Permitted Investments, the Obligors have no outstanding loans to any employee, officer or director of any Obligor the Obligors nor has any Obligor have Obligors guaranteed the payment of any loan made to an employee, officer or director of any Obligor the Obligors by a third party.

Appears in 2 contracts

Samples: Note Purchase and Security Agreement (Metromile, Inc.), Note Purchase and Security Agreement (INSU Acquisition Corp. II)

Employee Loans. The Other than Permitted Investments, the Obligors have no outstanding loans to any employee, officer or director of any Obligor the Obligors nor has any Obligor have Obligors guaranteed the payment of any loan made to an employee, officer or director of any Obligor the Obligors by a third party.. ​

Appears in 1 contract

Samples: Note Purchase and Security Agreement (Lemonade, Inc.)

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Employee Loans. The Obligors have no outstanding loans to any employee, officer or director of any Obligor nor has any Obligor guaranteed the payment of any loan made to an employee, officer or director of any Obligor by a third party.. 5.11

Appears in 1 contract

Samples: Loan and Security Agreement (Amyris, Inc.)

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