Common use of Loans and Advances Clause in Contracts

Loans and Advances. The Company does not have any outstanding loans or advances to any person and is not obligated to make any such loans or advances, except, in each case, for advances to employees of the Company in respect of reimbursable business expenses anticipated to be incurred by them in connection with their performance of services for the Company.

Appears in 14 contracts

Samples: Series a Convertible Preferred Stock Purchase Agreement, Series a Convertible Preferred Stock Purchase Agreement (Poniard Pharmaceuticals, Inc.), Series E Preferred Share Purchase Agreement (Audiocodes LTD)

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Loans and Advances. The Company does not have any outstanding loans or advances to any person Person and is not obligated to make any such loans or advances, except, in each case, for ordinary course advances to employees of the Company in respect of reimbursable business expenses anticipated to be incurred by them in connection with their performance of services for the Company.

Appears in 10 contracts

Samples: Stock Purchase Agreement, Series B Preferred Stock Purchase Agreement (Heat Biologics, Inc.), Securities Purchase Agreement (Radical Holdings Lp)

Loans and Advances. The Company does not have any outstanding ------------------ loans or advances to any person and is not obligated to make any such loans or advances, except, in each case, for advances to employees of the Company in respect of reimbursable business expenses anticipated to be incurred by them in connection with their performance of services for the Company.

Appears in 5 contracts

Samples: Series D Convertible Preferred Stock Purchase Agreement (CCBN Com), Development and Marketing Agreement (Enact Health Management Systems Inc), Development and Marketing Agreement (Enact Health Management Systems)

Loans and Advances. The Company does not have any outstanding loans or advances to any person and is not obligated to make any such loans or advances, except, in each case, for advances to employees of the Company in respect of reimbursable business expenses anticipated to be incurred by them in connection with their performance of services for the Company.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Imcor Pharmaceutical Co), Securities Purchase Agreement (Imcor Pharmaceutical Co), Common Stock Purchase Agreement (Photogen Technologies Inc)

Loans and Advances. The Company does not have any ------------------ outstanding loans or advances to any person and is not obligated to make any such loans or advances, except, in each case, for advances to employees of the Company in respect of reimbursable business expenses anticipated to be incurred by them in connection with their performance of services for the Company.

Appears in 3 contracts

Samples: Series a Convertible Preferred Stock and Class a Common Stock Purchase Agreement (Peritus Software Services Inc), Series B Convertible Preferred Stock Purchase Agreement (Peritus Software Services Inc), Series B Convertible Preferred Stock Purchase Agreement (Adolor Corp)

Loans and Advances. The Company does not have any outstanding loans or advances to any person and is not obligated to make any such loans or advances, except, in each case, for advances to employees of the Company in respect of to reimbursable business expenses anticipated to be incurred by them in connection with their performance of services for the Company.

Appears in 3 contracts

Samples: Class F Convertible Preferred Stock Purchase Agreement (Careerbuilder Inc), Convertible Preferred Stock Purchase Agreement (Careerbuilder Inc), Convertible Preferred Stock Purchase Agreement (Careerbuilder Inc)

Loans and Advances. The Company does not have any outstanding loans or advances to any person and is not obligated to make any such loans or advances, except, in each case, for advances to employees of the Company in respect of reimbursable business expenses anticipated to be incurred by them in connection with their performance of services for the CompanyCompany in the ordinary course of business, consistent with past practice.

Appears in 2 contracts

Samples: Series a Redeemable Preferred Stock and Warrant Purchase Agreement (Transeastern Properties Inc), Series B Redeemable Preferred Stock and Warrant Purchase Agreement (Transeastern Properties Inc)

Loans and Advances. The Company Corporation does not have any outstanding loans or advances to any person Person and is not obligated to make any such loans or advances, except, in each case, for advances to employees of the Company Corporation in respect of reimbursable business expenses anticipated to be incurred by them in connection with their performance of services for the CompanyCorporation.

Appears in 2 contracts

Samples: Series B Convertible Preferred Stock Purchase Agreement (Cubist Pharmaceuticals Inc), Series B Convertible Preferred Stock Purchase Agreement (Cubist Pharmaceuticals Inc)

Loans and Advances. The Company does not have any outstanding loans or advances to any person and is not obligated to make any such loans or advances, except as reflected on the Financial Statements, and except, in each case, for advances to employees of the Company in respect of reimbursable business expenses anticipated to be incurred by them in connection with their performance of services for the Company.

Appears in 2 contracts

Samples: Subscription Agreement (Aastrom Biosciences Inc), Subscription Agreement (Aastrom Biosciences Inc)

Loans and Advances. The Except for the Debentures, the Company does not have any outstanding loans or advances to any person and is not obligated to make any such loans or advances, except, in each case, for advances to employees of the Company in respect of reimbursable business expenses anticipated to be incurred by them in connection with their performance of services for the Company.

Appears in 2 contracts

Samples: 12% Senior Secured Convertible Debenture and Warrant Purchase Agreement (Americana Publishing Inc), 12% Senior Secured Convertible Debenture and Warrant Purchase Agreement (Americana Publishing Inc)

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Loans and Advances. The Except as reflected in the Financial Statements (as hereinafter defined), the Company does not have any outstanding loans or advances to any person and is not obligated to make any such loans or advances, except, in each case, except for advances to employees of the Company in respect of reimbursable business expenses anticipated to be incurred by them in connection - -connection with their performance of services for the Company.

Appears in 1 contract

Samples: Series a Preferred Stock Purchase Agreement and Second Amendment to Stockholders Agreement (Satellink Communications Inc)

Loans and Advances. The Except as disclosed in the Company SEC Reports and the Financial Statements, the Company does not have any material outstanding loans or advances to any person and is not obligated to make any such loans or advances, except, in each case, for advances to employees of the Company in respect of reimbursable business expenses anticipated to be incurred by them in connection with their performance of services for the Company.

Appears in 1 contract

Samples: Convertible Debenture Purchase Agreement (Kennedy Wilson Inc)

Loans and Advances. The Company does not have any outstanding loans or advances to any person and is not obligated to make any such loans or advances, except, in each case, for (i) advances to employees of the Company in respect of reimbursable business expenses anticipated to be incurred by them in connection with their performance of services for the CompanyCompany and (ii) relocation expenses.

Appears in 1 contract

Samples: Series B Preferred Stock and Warrant Purchase Agreement (Huff Alternative Income Fund Lp)

Loans and Advances. The Company does not have any outstanding loans or advances to any person and is not obligated to make any such loans or advances, except, in each case, for advances to employees of the Company in respect of reimbursable business expenses anticipated to be incurred by them in connection with their performance of services for the CompanyCompany or as set forth in Schedule 3(p) annexed hereto.

Appears in 1 contract

Samples: Merger Agreement (X Ceed Inc)

Loans and Advances. The Company company does not have any outstanding loans or advances to any person and is not obligated to make any such loans or advances, except, in each case, for advances to employees of the Company in respect of reimbursable business expenses anticipated to be incurred by them in connection with their performance of services for the Company.

Appears in 1 contract

Samples: Convertible Demand Note and Warrant Purchase Agreement (Medical Sterilization Inc)

Loans and Advances. The Company does not have any outstanding ------------------ loans or advances to any person and is not obligated to make any such loans or advances, except, in each case, for advances to employees of the Company in respect of reimbursable business expenses anticipated to be incurred by them in connection with their performance of services for the CompanyCompany and accounts receivable arising in the ordinary course of business.

Appears in 1 contract

Samples: Series G Convertible Preferred Stock Purchase Agreement (Unifi Communications Inc)

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