Common use of Loans out Clause in Contracts

Loans out. The Issuer and US HoldCo shall not, and shall procure that none of their Subsidiaries will, extend any loans in any form to any party other than (i) in the ordinary course of business, (ii) to a Group Company, and (iii) any other loans in an aggregate amount outstanding not exceeding EUR 1,000,000.

Appears in 3 contracts

Samples: Amendment and Restatement Agreement, Amendment and Restatement Agreement, Amendment and Restatement Agreement

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Loans out. The Issuer and US HoldCo shall not, and shall procure that none of their Subsidiaries will, extend any loans in any form to any other party other than (i) in the ordinary course of business, (ii) to a Group Company, and (iii) any other loans loan in an aggregate outstanding amount outstanding not exceeding EUR 1,000,000.

Appears in 1 contract

Samples: Terms and Conditions

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