Common use of Limitation on Credit Extensions Clause in Contracts

Limitation on Credit Extensions. Borrower will not extend credit, make advances or make loans other than normal and prudent extensions of credit to customers buying goods and services in the ordinary course of business, which extensions shall not be for longer periods than those extended by similar businesses operated in a normal and prudent manner.

Limitation on Credit Extensions. Borrower will shall not extend credit, make advances or make loans to any Person or entity other than normal and prudent extensions of credit to customers buying goods and services in the ordinary course of business, which extensions shall not be for longer periods than those extended by similar businesses operated in a normal and prudent manner.

Limitation on Credit Extensions. Borrower will not extend credit, make advances or make loans other than than: (1) normal and prudent extensions of credit to customers buying goods and services in the ordinary course of business, which extensions shall not be for longer periods than those extended by similar businesses operated in a normal and prudent manner, and (2) advances to employees of Borrower in an aggregate amount of not more than $15,000 outstanding at any time.

Limitation on Credit Extensions. Borrower will not extend credit, make advances or make loans other than than: (1) normal and prudent extensions of credit to customers buying goods and services in the ordinary course of business, which extensions shall not be for longer time periods than those extended by similar businesses operated in a normal and prudent manner, and (2) short-term advances to employees of Borrower for reasonable travel and similar business expenses.

Limitation on Credit Extensions. No Borrower will not extend credit, make advances or make loans other than normal and prudent extensions of credit to customers buying goods and services in the ordinary course of business, which extensions shall not be for longer periods than those extended by similar businesses operated in a normal and prudent manner.

Limitation on Credit Extensions. Except for Permitted Investments, Borrower will not extend credit, make advances or make loans other than (i) normal and prudent extensions of credit to customers buying goods and services in the ordinary course of business, which extensions shall not be for longer periods than those extended by similar businesses operated in a normal and prudent manner, and (ii) loans to Subsidiaries in the ordinary course of business not to exceed $20,000 per month.

Limitation on Credit Extensions. Borrower will not extend credit, make advances or make loans other than than: (1) normal and prudent extensions of credit to customers buying goods and services in the ordinary course of business, which extensions shall not be for longer periods than those extended by similar businesses operated in a normal and prudent manner.; and

Limitation on Credit Extensions. Borrower and its subsidiaries will not extend credit, make advances or make loans to any person, including any stockholder, employee, officer or director of Borrower, other than normal and prudent extensions of credit to customers buying goods and services in the ordinary course of business, which extensions shall not be working capital advances to its subsidiaries and advances to employees for longer periods than those extended by similar businesses operated travel, relocation and other expense advances in a normal and prudent mannerthe ordinary course of business.

Limitation on Credit Extensions. Borrower will not extend credit, make advances or make loans other than normal (a) customary trade and prudent ordinary course extensions of credit and loans to customers buying goods goods, suppliers and services in the ordinary course of business, (b) receivables owing to Borrower created or acquired in the ordinary course of business, in each case, which extensions of credit, receivables and loans shall not be for longer periods than those extended in the ordinary course of business and payable on customary trade terms of Borrower and (c) transactions permitted by similar businesses operated in a normal and prudent mannerSection 9.11.

Limitation on Credit Extensions. Borrower will not extend Extend credit, make advances or make loans to any Person or entity other than normal and prudent extensions of credit to customers buying goods and services in the ordinary course of business, which extensions shall not be for longer periods than those extended by similar businesses operated in a normal and prudent manner.