Common use of Loans, Advances and Guaranties Clause in Contracts

Loans, Advances and Guaranties. Borrower will not, except in the ordinary course of business as currently conducted or between Borrower and its wholly owned subsidiaries, make any loans or advances, become a guarantor or surety, or pledge its credit or properties in excess of One Million Dollars ($1,000,000) in the aggregate.

Loans, Advances and Guaranties. Borrower will not, except in the ordinary course of business as currently conducted or between Borrower and its wholly owned subsidiariesconducted, make any loans or advances, become a guarantor or surety, or pledge its credit or properties properties; except for amounts not in excess of One Twenty Five Million Dollars ($1,000,00025,000,000) in the aggregate.

Loans, Advances and Guaranties. Borrower will not, except in the ordinary course of business as currently conducted or between Borrower and its wholly owned subsidiariesconducted, make any loans or advances, become a guarantor or surety, or pledge its credit or properties in excess of One any manner or extend credit that, in the aggregate, exceeds Ten Million Dollars ($1,000,00010,000,000) in the aggregateat any time.

Loans, Advances and Guaranties. Borrower will not, except in the ordinary course of business as currently conducted or between Borrower and its wholly owned subsidiariesin connection with the making of student loans, make any loans or advances, become a guarantor or surety, or pledge its credit or properties in excess of One Million Dollars any manner or extend credit, except for amounts not to exceed two million dollars ($1,000,0002,000,000) in the aggregate.

Loans, Advances and Guaranties. Borrower will not, except in the ordinary course of business as currently conducted or between Borrower and its wholly owned subsidiariesconducted, make any loans or advances, become a guarantor or surety, or pledge its credit or properties in any manner or extend credit not in excess of One Million Dollars ($1,000,000) in the aggregateper year.

Loans, Advances and Guaranties. Borrower will not, except in the ordinary course of business as currently conducted or between Borrower and its wholly owned subsidiariesconducted, make any loans or advances, become a guarantor or surety, or pledge its credit or properties in excess of One Million properties, except as allowed by Borrower’s stock option plan or loans extended to current employees not to exceed Twenty Thousand Dollars ($1,000,00020,000) in the aggregateper employee.