Common use of Loans out Clause in Contracts

Loans out. (a) Except as provided below, no member of the Group may be the creditor in respect of any Financial Indebtedness.

Appears in 11 contracts

Samples: Supplemental Agreement (Enodis PLC), Amendment and Restatement Agreement (Smurfit Kappa Funding PLC), And Restatement Agreement (Waterford Wedgwood PLC)

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Loans out. (a) Except as provided in paragraph (b) below, no member of the Group may be the creditor in respect of any Financial IndebtednessIndebtedness or of any trade credit extended to any of its customers.

Appears in 8 contracts

Samples: Agreement (Viasystems Inc), Agreement (Kabel Deutschland Vertrieb Und Service GmbH & Co. KG), Agreement (Merck Kgaa /Fi)

Loans out. (a) Except as provided in paragraph (b) below, no member of the Group may be the creditor in respect of any Financial Indebtedness.

Appears in 4 contracts

Samples: Agreement (Babylon Holdings LTD), Agreement (Babylon Holdings LTD), Babylon Holdings LTD

Loans out. (a) Except as provided in paragraph (b) below, no member of the Group may be the creditor in respect of any Financial financial Indebtedness.

Appears in 1 contract

Samples: Agreement (Halliburton Co)

Loans out. (a) Except as provided below, no member of the Material Group may be the creditor in respect of any Financial Indebtedness.

Appears in 1 contract

Samples: Agreement (Converium Holding Ag)

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Loans out. (a) Except as provided in paragraph (b) below, no member of the a Borrower Group may be the creditor in respect of any Financial IndebtednessIndebtedness or of any trade credit extended to any of its customers.

Appears in 1 contract

Samples: Agreement (Royal Ahold)

Loans out. (a) Except as provided in paragraph (b) below, no member of the Restricted Group may be the creditor in respect of any Financial IndebtednessIndebtedness or of any trade credit extended to any of its customers.

Appears in 1 contract

Samples: Credit Agreement (MGM Resorts International)

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