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).
Appears in 3 contracts
Samples: Guaranty Agreement (Tweed John A), Loan and Security Agreement (Landair Corp), Loan and Security Agreement (Forward Air Corp)
Loans to Officers and Employees. Without the prior written consent of Lender, neither Borrower nor any Guarantor shall not 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).
Appears in 1 contract
Samples: Guaranty Agreement (Tweed John A)
