Loans to Officers, Employees and Shareholders. Seller shall not, either directly or indirectly, without the prior written consent of Buyer, make any personal loans or advances to any officers, employees, shareholders, members, partners or owners of Seller in an aggregate amount exceeding ten percent (10%) of Seller’s Tangible Net Worth; provided, however, that Seller shall be entitled to make a personal loan or advance to a majority shareholder, member, partner or owner of Seller without the prior written consent of Buyer provided that (i) a Potential Default or an Event of Default is not existing and will not occur as a result thereof and (ii) such loan or advance is clearly reflected on Seller’s financial reports provided to Buyer.
Loans to Officers, Employees and Shareholders. Seller shall not, either directly or indirectly, without the prior written consent of Buyer, make any personal loans or advances to any officers, employees, shareholders, members, partners or owners of Seller in an aggregate amount exceeding ten percent (10%) of Seller’s Tangible Net Worth.
Loans to Officers, Employees and Shareholders. Borrower shall not, either directly or indirectly, without the prior written consent of Lender, make any personal loans or advances to any officers, employees or shareholders in an aggregate amount exceeding One Hundred Thousand ($100,000.00).
Loans to Officers, Employees and Shareholders. Except as otherwise permitted by Section 10.5 of the Agreement, Seller has not made any personal loans or advances to any officers, employees, shareholders, members, partners or owners of Seller in an aggregate amount exceeding [***] of Seller’s Tangible Net Worth.
Loans to Officers, Employees and Shareholders. Make any personal --------------------------------------------- loans or advances to any officers, employees or shareholders.
Loans to Officers, Employees and Shareholders. Borrower shall not, either directly or indirectly, without the prior written consent of Lender, make any personal loans or advances to any officers, employees or shareholders in an aggregate amount exceeding five hundred thousand ($500,000) dollars.
Loans to Officers, Employees and Shareholders. No loanDepot Party shall, either directly or indirectly, without the prior written consent of Buyer, make any personal loans or advances to any officers, employees, shareholders, members, partners or owners of such loanDepot Party in an aggregate amount exceeding ten percent (10%) of loanDepot Parties’ collective Tangible Net Worth; provided, however, that each loanDepot Party shall be entitled to make a personal loan or advance to a majority shareholder, member, partner or owner of such loanDepot Party without the prior written consent of Buyer provided that (i) a Potential Default or an Event of Default is not existing and will not occur as a result thereof and (ii) such loan or advance is clearly reflected on such loanDepot Party’s financial reports provided to Buyer.
Loans to Officers, Employees and Shareholders. Seller shall not, either directly or indirectly, without the prior written consent of Buyer, make any personal loans or advances to any officers, employees, shareholders, members, partners or owners of Seller. Guarantor shall not, either directly or indirectly, without the prior written consent of Buyer, make any personal loans or advances to any officers, employees, shareholders, members, partners or owners of Guarantor in an aggregate amount exceeding [***] of Guarantor’s Tangible Net Worth; provided, however, that Guarantor shall be entitled to make a personal loan or advance to a majority shareholder, member, partner or owner of Guarantor without the prior written consent of Buyer provided that (i) an Event of Default is not existing and will not occur as a result thereof and (ii) such loan or advance is clearly reflected on Guarantor’s financial reports provided to Buyer.
Loans to Officers, Employees and Shareholders. Borrower shall not, either directly or indirectly, without the prior written consent of Lender, have any outstanding personal loans or advances to any directors, officers, senior executive management or shareholders (except Aames Financial Corporation) at any given time in an aggregate amount equal to or greater than one percent (1%) of Aames Capital’s Tangible Net Worth.
Loans to Officers, Employees and Shareholders of the Existing Master Repurchase Agreement is hereby amended by deleting such section in its entirety and replacing it with the following:
