Common use of Employee Loans Clause in Contracts

Employee Loans. Except as permitted hereunder, Xxxxxxxx has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party.

Appears in 3 contracts

Samples: Loan and Security Agreement (Geron Corp), Loan and Security Agreement (Viridian Therapeutics, Inc.\DE), Loan and Security Agreement (Syndax Pharmaceuticals Inc)

AutoNDA by SimpleDocs

Employee Loans. Except as permitted hereunder, Xxxxxxxx Bxxxxxxx has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third third-party. Borrower shall not make any future loans to any of the above without written consent from the Lender.

Appears in 1 contract

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

Employee Loans. Except as permitted hereunder, Xxxxxxxx Bxxxxxxx has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party.

Appears in 1 contract

Samples: Loan and Security Agreement (Finch Therapeutics Group, Inc.)

AutoNDA by SimpleDocs

Employee Loans. Except as permitted hereunder, Xxxxxxxx has no outstanding loans to any employee, officer or director of the Borrower nor has Borrower guaranteed the payment of any loan made to an employee, officer or director of the Borrower by a third party.

Appears in 1 contract

Samples: Loan and Security Agreement (Kura Oncology, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!