Common use of Expense Policy Clause in Contracts

Expense Policy. The Borrower has taken steps necessary to ensure that (a) the Expense Policy conforms to the requirements set forth in Section 5.18 and (b) the Borrower and its Subsidiaries are in compliance with the Expense Policy.

Appears in 4 contracts

Samples: Secured Credit Agreement (General Motors Co), Secured Credit Agreement (General Motors Co), Secured Credit Agreement (General Motors Co)

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Expense Policy. The Borrower has taken steps necessary to ensure that (a) the Expense Policy conforms to the requirements set forth in Section 5.18 herein and (b) the Borrower and its Subsidiaries are in compliance with the Expense Policy.

Appears in 3 contracts

Samples: Secured Debtor in Possession Credit Agreement (Motors Liquidation Co), Loan and Security Agreement (General Motors Corp), Debtor in Possession Credit Agreement

Expense Policy. The Borrower has taken commenced steps necessary to ensure that (a) the Expense Policy conforms to the requirements set forth in Section 5.18 herein and (b) the Borrower and its Subsidiaries are in compliance with the Expense Policy.

Appears in 2 contracts

Samples: Loan and Security Agreement (General Motors Corp), Loan and Security Agreement (General Motors Corp)

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Expense Policy. The Borrower has taken commenced steps necessary to ensure that that (a) the Expense Policy conforms to the requirements set forth in Section 5.18 herein and (b) the Borrower and its Subsidiaries are in compliance with the Expense Policy.

Appears in 1 contract

Samples: Loan and Security Agreement

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