Common use of Loans out Clause in Contracts

Loans out. The Issuer shall not, and shall procure that no other Group Company will, extend any loans in any form to any other party than (i) to other Group Companies, (ii) the Parent Loan, or (iii) in the ordinary course of business.

Appears in 2 contracts

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

AutoNDA by SimpleDocs

Loans out. The Issuer shall not, and shall procure that no other itself and the Group Company will, Companies do not extend any loans in any form to any other party than (i) to other a Group Companies, (ii) the Parent Loan, or (iii) in the ordinary course of businessCompany.

Appears in 1 contract

Samples: en.gefiongroup.com

AutoNDA by SimpleDocs

Loans out. The Issuer shall not, and shall procure that no other Group Company will, extend any loans in any form to any other party than (i) to other Group Companiesparty, (ii) the Parent Loan, or (iii) in the ordinary course of business.save for:

Appears in 1 contract

Samples: Amendment and Restatement Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!