Common use of Loans and Guarantees Clause in Contracts

Loans and Guarantees. The Borrower shall not, save as permitted under the Finance Documents, make any loans, grant any credit or give any guarantee or indemnity (except as required under any of the Finance Documents) to or for the benefit of any person or otherwise voluntarily assume any liability, whether actual or contingent, in respect of any obligation of any person.

Loans and Guarantees. The Borrower shall not, save as permitted under the Finance Documents, not make any loans, grant any credit or give any guarantee or indemnity (except as required under any of the Finance Documents) to or for the benefit of any person or otherwise voluntarily assume any liability, whether actual or contingent, in respect of any obligation of any person.

Loans and Guarantees. The Borrower shall not, save as permitted under the Finance Documents, not make or allow to subsist any loans, grant any credit (save in the ordinary course of business) or give or allow to remain outstanding any guarantee or indemnity (except as required under any of the Finance Documents) to or for the benefit of any person or otherwise voluntarily assume any liability, whether actual or contingent, in respect of any obligation of any person.

Loans and Guarantees. The Borrower shall not, save as permitted under the Finance Documents, must not make or allow to subsist any loans, grant any credit (except in the ordinary course of business or Permitted Financial Indebtedness) or give or allow to remain outstanding any guarantee or indemnity (except any indemnity as required under any of the Finance DocumentsTransaction Documents or agreed in writing by the Ministry) to or for the benefit of any person or otherwise voluntarily assume any liability, whether actual or contingent, in respect of any obligation of any person.