Loans to Officers and Employees. Permit or allow loans to officers and employees of Borrower or any Related Entity or holders of partnership interests in Borrower to exceed $500,000.00 in any one instance or $2,000,000.00 in the aggregate, provided that nothing in the foregoing shall be deemed to limit loans made in the ordinary course of business to CBL & Associates Management, Inc.
Loans to Officers and Employees. Permit or allow loans to officers and employees of Borrower, in the aggregate, to exceed One Million Dollars ($1,000,000.00).
Loans to Officers and Employees. Without the prior written consent of Lender, neither Borrower nor any Guarantor shall permit or allow loans to officers and employees of Borrower or any Guarantor, in the aggregate, to exceed at any one time outstanding the sum of One Hundred Fifty Thousand Dollars ($150,000.00).
Loans to Officers and Employees. This Section is intentionally omitted.
Loans to Officers and Employees. Guaranty of Obligations of Officers and Employees 17 ARTICLE V Limitation of Liability and Indemnification 18
Loans to Officers and Employees. Permit or allow Permitted Loans to exceed in the aggregate the sum of Two Million and 00/100 Dollars ($2,000,000); or permit or allow other loans to directors, officers, partners, shareholders and employees of both Borrowers to exceed, in the aggregate, the sum of One Million and 00/100 Dollars ($1,000,000).
Loans to Officers and Employees. The Corporation may lend money to, or guarantee any obligation of, or otherwise assist any officer or other employee of the Corporation or any of its subsidiaries, including any officer or employee who is a director of the Corporation or any of its subsidiaries, whenever, in the judgment of the directors, such loan, guaranty or assistance may reasonably be expected to benefit the Corporation. The loan, guaranty or other assistance may be with or without interest and may be unsecured, or secured in such manner as the Board of Directors shall approve, including, without limitation, a pledge of shares of stock of the Corporation. Nothing in this section shall be deemed to deny, limit or restrict the powers of guaranty or warranty of the Corporation at common law or under any statute. Notwithstanding the foregoing, any such loan made, guaranteed, or arranged for by the Corporation shall contain a provision requiring the borrower to repay the obligation in full if the Corporation becomes subject to the restrictions of the Sxxxxxxx-Xxxxx Act of 2002, as amended, or if the borrower becomes an officer or director of a parent entity that is subject to the restrictions of the Sxxxxxxx-Xxxxx Act of 2002, as amended.
Loans to Officers and Employees. Loans to officers and ------------------------------- employees up to $350,000 in the aggregate outstanding amount, and except for the Promissory Note in the amount of $500,000 payable to Xxxxx Xxxxx which is payable $250,000 on April 1, 1997 and $250,000 payable on July 1, 1997.
Loans to Officers and Employees. At any time while principal or interest is outstanding under the Loan, permit or allow loans to officers and employees (if any) of Guarantor or Borrower, in the aggregate, to exceed at any one time outstanding the sum of fifty thousand and NO/100 Dollars ($50,000.00).
Loans to Officers and Employees. Shall not permit or allow loans to officers and employees of Borrowers, in the aggregate, to exceed the amount of the loans to officers and employees reflected on Borrowers’ Financial Statements, if any.
