Loans to Insiders. The Borrower shall not make any new loans or advances (individually or in the aggregate exceeding at any one time the sum of $100,000.00) to any of its officers, directors or shareholders, or to any other person, firm or entity.
Loans to Insiders. Not to lend or advance or permit to be outstanding any loans or advances to any of its "insiders" which term is defined above.
Loans to Insiders. Make any loans, advances or extensions of credit to any officer, director, executive, employee or shareholder of Borrower, or any relative of any of the foregoing, or to any entity which is a subsidiary of, related to, affiliated with or has common shareholders, officers or directors with Borrower, which when aggregated with all other loans, advances or extensions of credit to any or all of the above Persons at any time outstanding during the term of this Agreement, exceeds $10,000.
Loans to Insiders. The Company has not, since July 30, 2002, extended or maintained credit, arranged for the extension of credit, or renewed an extension of credit, in the form of a personal loan to or for any director or executive officer (or equivalent thereof) of the Company.
Section 3.1 (ee) of the Company Disclosure Schedule identifies any loan or extension of credit maintained by the Company to which the second sentence of Section 13(k)(1) of the Exchange Act applies.
Loans to Insiders. Borrower, without Lender’s prior written consent, shall not hold or make any loans, advances, or other extensions of credit to any of its executives, officers, members or partners (or any relatives of any of the foregoing), or make loans, advances or other extensions of credit to or invest in any other person, other than investments in cash equivalents.
Loans to Insiders. (a) Within ninety (90) days of the Effective Date of this Agreement, the Bank's Board shall adopt and the Bank shall commence to implement written policies and procedures reasonably designed to ensure the Bank's compliance with the requirements and limitations of 12 C.F.R. Section 563.43 (incorporating the rules in Regulation O, 12 C.F.R. Part 215) concerning loans to insiders, i.e., executive officers, directors, and principal shareholders, including any "related interest" of such persons.
(b) The Bank shall not make any loan to (or for the tangible economic benefit of) any "insider" unless, prior to loan commitment and funding, the loan application has been reviewed and approved by duly adopted written resolutions of the Bank's Board (in conformity with 12 C.F.R. Section 563.200), which resolutions shall indicate that the Board, following due inquiry, has determined that the loan is permitted by and meets the requirements of 12 C.F.R. Section 563.43 (incorporating the rules in Regulation O, 12 C.F.R. Part 215).
(c) Within thirty (30) days of the Effective Date, the Bank shall conduct an analysis of its lending relationship with the borrower identified on Page 31 the 2005 Report of Examination, addressing each and every open issue identified therein.
Loans to Insiders. Since the date of the Interim Financial Statements, other than travel advances in the Ordinary Course of Business, neither Waban nor any Subsidiary thereof has extended or maintained credit, arranged for the extension of credit or renewed an extension of credit, in the form of a personal loan to or for any director or officer of Waban or any Subsidiary thereof and there are currently no outstanding loans or extensions of credit to any director or officer of Waban or any Subsidiary thereof.
Loans to Insiders. Since the date of the Interim Financial Statements, other than travel advances in the Ordinary Course of Business, neither Lincoln nor any ** Confidential Treatment Requested. Subsidiary thereof has extended or maintained credit, arranged for the extension of credit or renewed an extension of credit, in the form of a personal loan to or for any director or officer of Lincoln or any Subsidiary thereof and there are currently no outstanding loans or extensions of credit to any director or officer of Lincoln or any Subsidiary thereof.
Loans to Insiders. Make any loans, advances or extensions of credit to any officer, director, executive, employee or shareholder of Borrower, or any relative of any of the foregoing, or to any entity which is a subsidiary of, related to, affiliated with or has common shareholders, officers or directors with Borrower, which when aggregated with all other loans, advances or extensions of credit to any or all of the above Persons at any time outstanding during the term of this Agreement, exceeds Ten Thousand Dollars ($10,000.00); except (i) reasonable advances in respect of salary and travel expenses to directors, officers and employees including under the provisions of corporate credit cards in the usual and ordinary course of Borrower's business and in an aggregate amount not to exceed $15,000, (ii) loans to optionees as may be permitted under the terms of Borrower's stockholder approved incentive compensation plans as in effect on this date hereof in an aggregate amount not in excess of $186,768 and (iii) the loans outstanding on the date hereof in the aggregate amount of $105,810.
Loans to Insiders. The Company has not, since January 1, 2004, extended or maintained credit, arranged for the extension of credit, or renewed an extension of credit, in the form of a personal loan to or for any director or executive officer (or equivalent thereof) of the Company.
