Loans to Employees Sample Clauses

Loans to Employees. Section 3.10(k) of the Disclosure Schedule sets forth a list of all loans and advances made by any member of the Seller Group to any employee of a member of the Seller Group, including travel allowances, relocation advances, and bridge or swing loans made in connection with relocations.
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Loans to Employees. The Company has not made any loan or advance to any of its present or future officers or employees which is outstanding.
Loans to Employees. Other than as disclosed in the Data Room, there are no amounts owing or agreed to be loaned or advanced by any Group Company to Group Company employees (other than amounts representing remuneration accrued due for the current pay period, accrued holiday pay for the current holiday year or for reimbursement of expenses).
Loans to Employees. Purchaser shall acquire all of Seller's loans to Employees as set forth on Schedule 21.15. At Closing, Purchaser shall pay to Seller the then outstanding principal amount remaining in the aggregate on such loans and the then accrued unpaid interest on the Employee loans as of the Closing Date. Notwithstanding the foregoing, Purchaser shall not acquire, nor shall it be liable for payment to Seller with respect to, any loans set forth on Schedule 21.15 to Employees that do not accept employment with Purchaser on the Closing Date.
Loans to Employees. There are no outstanding loans made by ------------------ Seller to any employee, director or officer of Seller who will be offered employment by Buyer.
Loans to Employees. In addition to the restrictions contained in subparagraph 11(l) of the Agreement, Borrower shall not make any loan to any Person except loans to employees not exceeding One Hundred Thousand and No/100 Dollars ($100,000.00) in the aggregate outstanding at any one time.
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Loans to Employees. Except for usual and customary extensions of credit to customers of Borrower made in the ordinary course of its business, Borrower will not make any loans or advances to or for the benefit of any employee or any officer, director or shareholder of Borrower or its corporate general partner or any other Guarantor other than (i) usual expense allowances for employees in the ordinary course of business, and (ii) loans to employees (who are not executive officers or the equivalent or directors) in excess of an aggregate amount of $200,000 at any one time outstanding.
Loans to Employees. No Group Company has made any loan or advance, or provided any other form of financial assistance which remains unpaid or is still outstanding to any Employee or Former Employee.
Loans to Employees. 5.3.1 RADVision granted to several of its employees and to two employees of RAD Data Communications Ltd. loans in a total amount of approximately US $71,000 under the Trust Agreement. The above loans are limited to the C.O.L. index and bear annual interest of approximately 1% percent. 5.3.2 As of January, 1995, RADVision has not granted any other loans to employees, except as set forth hereinbelow. 5.3.3 Loans, as in 5.3.2, if and when given, will be at varying terms which include the payment of interest and/or linkage at either of the following rates: (I) C.O.L. Linkage + 0.5% monthly interest; or (II) U.S. $ Linkage + 0.5% monthly interest.
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