We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Loans to Affiliates Sample Clauses

Loans to Affiliates. Except for the advancement of funds pursuant to Section 17.3, no loans, credit facilities, credit agreements or otherwise shall be made by the Company to the Advisor or any Affiliate thereof.
Loans to Affiliates. Except for the advancement of funds pursuant to Section 16.3, no loans shall be made by the Company to the Sponsor.
Loans to Affiliates. Except for advances for travel and expenses to Borrower’s officers, directors, managers, general partners or employees in the ordinary course of Borrower’s business, Borrower shall not make any loans to any Affiliates or Owners of Borrower.
Loans to Affiliates. Refrain from making, changing, or forgiving any loan in excess of $5,000 between ACS or PATI and any of their Affiliates, directors, employees, officers, related parties, or stockholders.
Loans to AffiliatesThe Borrower shall not, directly or indirectly, make any loan or advance to any Affiliate, except in the ordinary course of business and as permitted in Section 6.7.
Loans to Affiliates. Except for advances for travel and expenses to their officers, directors, managers, general partners or employees in the ordinary course of their business, Borrower and its consolidated subsidiaries shall not make deposits, investments, advances or loans in or to any Affiliates that have not executed and delivered a Guaranty as described in Section 5, in excess of $15,000,000 in the aggregate in each fiscal year of Borrower. All transactions with Affiliates shall be bona fide arms length transactions that are no less favorable to Borrower and its consolidated subsidiaries than would be a similar transaction with a non-affiliated third person. Notwithstanding the forgoing, Borrower shall be allowed to make the Top Cat Investment, which shall count against the $15,000,000 amount referred to in the first sentence of this Section 8.
Loans to AffiliatesBorrower shall not make any loans to any officers, directors, Affiliates or shareholders of Borrower, except for (a) advances for travel and expenses to Borrower’s officers, directors or employees in the ordinary course of Borrower’s business; (b) loans (including obligations under existing split-dollar life insurance contracts) to Borrower’s officers, directors or employees not exceeding $2,500,000 in the aggregate at any one time outstanding; and (c) payments made under the lease of the Selma facility.
Loans to Affiliates. 28 4.14 Indebtedness. ......................................................................... 28 4.15
Loans to Affiliates. There are no outstanding loans, advances (except normal advances for business expenses in the ordinary course of business) or guarantees of indebtedness by the Company or any Subsidiary to or for the benefit of any of the officers or directors of the Company or any Subsidiary or any of the members of the families of any of them.
Loans to AffiliatesNo Loan Party shall, directly or indirectly, make any loan or advance to any Affiliate, except in the ordinary course of business and as permitted in Section 6.7.