Lending and borrowing. (a) Except as provided or contemplated under the Transaction Documents, Funding shall not make any loans or provide any other form of credit to any person. (b) Funding shall not give any guarantee or indemnity to or for the benefit of any person in respect of any obligation of any other person or enter into any document under which Funding assumes any liability of any other person. (c) Funding shall not incur any indebtedness in respect of any borrowed money other than under the Transaction Documents.
Appears in 13 contracts
Samples: Master Intercompany Loan Agreement, Master Intercompany Loan Agreement, Master Intercompany Loan Agreement
Lending and borrowing. (a) Except as provided or contemplated under the Transaction Documents, Funding 2 shall not make any loans or provide any other form of credit to any person.
(b) Funding 2 shall not give any guarantee or indemnity to or for the benefit of any person in respect of any obligation of any other person or enter into any document under which Funding 2 assumes any liability of any other person.
(c) Funding 2 shall not incur any indebtedness in respect of any borrowed money other than under the Transaction Documents.
Appears in 9 contracts
Samples: Global Intercompany Loan Agreement (Granite Master Issuer PLC), Global Intercompany Loan Agreement (Granite Finance Funding 2 LTD), Loan Agreement (Permanent Funding (No. 2) LTD)
Lending and borrowing. (a) Except as provided or contemplated under by the Transaction Documents, Funding 1 shall not make any loans or provide any other form of credit to any person.
(b) Funding 1 shall not give any guarantee or indemnity to or for the benefit of any person in respect of any indebtedness or any obligation of any other person whatsoever or enter into any document under which Funding 1 assumes any liability of any other person.
(c) Funding 1 shall not incur any indebtedness in respect of any borrowed money other than under the Transaction Documents.
Appears in 4 contracts
Samples: Intercompany Loan Agreement, Intercompany Loan Agreement, Intercompany Loan Agreement
Lending and borrowing. (a) Except as provided or contemplated under the Transaction Documents, Funding shall not make any loans or provide any other form of credit to any person.
(b) Funding shall not give any guarantee or indemnity to or for the benefit of any person in respect of any obligation of any other person or enter into any document under which Funding assumes any liability of any other person.
(c) Funding shall not incur any indebtedness in respect of any borrowed money other than under the Transaction Documents.
Appears in 2 contracts
Samples: Intercompany Loan Agreement (HOLMES FINANCING (No. 9) PLC), Intercompany Loan Agreement (HOLMES FINANCING (No. 9) PLC)
Lending and borrowing. (a) Except Save as provided or contemplated under by the Transaction Documents, Funding 1 shall not make any loans or provide any other form of credit to any person.
(b) Funding 1 shall not give any guarantee or indemnity to or for the benefit of any person in respect of any obligation of any other person or enter into any document under which Funding 1 assumes any liability of any other person.
(c) Funding 1 shall not incur any indebtedness in respect of any borrowed money other than under the Transaction Documents.
Appears in 1 contract
Samples: Intercompany Loan Terms and Conditions (Permanent Mortgages Trustee LTD)
