Loans out. (a) Except as permitted under paragraph (b) below, the Borrower shall not (and shall ensure that no other Group Member will) be the creditor in respect of any Financial Indebtedness.
Appears in 3 contracts
Samples: Facility Agreement (Zhongpin Inc.), Facility Agreement (Fushi Copperweld, Inc.), Facility Agreement (China TransInfo Technology Corp.)
Loans out. (a) Except as permitted under paragraph (b) provided below, the Borrower shall not (and shall ensure that no other Group Member will) be the creditor in respect of any Financial Indebtedness.
Appears in 3 contracts
Samples: Facility Agreement (China Security & Surveillance Technology, Inc.), Facility Agreement (Harbin Electric, Inc), Facility Agreement (China Security & Surveillance Technology, Inc.)
Loans out. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Borrower shall not (and shall ensure that no other Group Member will) be the creditor in respect of any Financial Indebtedness.
Appears in 2 contracts
Samples: Facility Agreement (Sequoia Capital China I Lp), Facility Agreement (Chiu Na Lai)
Loans out. (a) Except as permitted under paragraph (b) provided below, the Borrower shall not (and shall ensure that no other Group Member (other than the Operating Companies) will) be the creditor in respect of any Financial Indebtedness.
Appears in 1 contract
Samples: Facility Agreement (Guoren Industrial Developments LTD)
Loans out. (a) Except as permitted under paragraph (b) below, the Borrower each Obligor shall not (and shall ensure that no other Group Member will) be the creditor in respect of any Financial Indebtedness.
Appears in 1 contract
Samples: Facilities Agreement (3SBio Inc.)
