Common use of Loans, Advances and Guaranties Clause in Contracts

Loans, Advances and Guaranties. Maker will not make or permit to exist any loans or advances to, or guarantee any obligations of, any other Person; provided that accounts receivable and other advances made by the Maker to any affiliate, and any agreement to be obligated with respect to its pro rata share of certain centralized operating expenses or with respect to any letter of credit issued on its behalf, and any agreement to indemnify in connection therewith up to such pro rata share, together with any agreement to reimburse such affiliates with respect thereto, shall be permitted.

Appears in 4 contracts

Samples: Master Terms Agreement (Seacor Holdings Inc /New/), Master Terms Agreement (MGP Ingredients Inc), Agreement and Plan of Merger (Pacific Ethanol, Inc.)

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