Loans to Other Persons. Borrower will not at any time make loans or advance any credit (except to trade debtors in the ordinary course of business) to any Person in excess of $25,000 in the aggregate at any time for all such loans.
Loans to Other Persons. No Borrower shall make or be permitted to have outstanding any loans, advances or extensions of credit to any Person (other than as permitted under Sections 7.06(f) and 7.06(h)). Borrowers may make intercompany loans to other Borrowers pursuant to Section 7.06(f), but such loans shall be documented prior to the disbursement of the loan proceeds with such promissory notes, loan agreements and collateral documents as Lender may require in its reasonable discretion.
Loans to Other Persons. Except as set forth on EXHIBIT 6.13 attached hereto, neither the Company nor any of its Subsidiaries has made any loan or advance to any Person which is outstanding on the date of this Agreement, nor is the Company or any of its Subsidiaries obligated or committed to make any such loan or advance.
Loans to Other Persons. No Borrower shall make or be permitted to have outstanding any loans, advances or extensions of credit to any Person (other than another Borrower).
Loans to Other Persons. The Borrower shall make any loan or advance any credit to any Affiliate or other Person that causes the Fixed Charge Coverage Ratio or the Leverage Ratio, each as determined on a year-to-date basis (or, if after December 31, 2005, the twelve-month period) ended on the last day of the quarter preceding the quarter in which such loan is made or such credit is advanced, to be less than 1.2 to 1.0 or greater than 4.0 to 1.0, respectively.
Loans to Other Persons. The Company shall not make or be permitted to have outstanding any loans, advances or extensions of credit to any Person; provided, however, that the Company may make loans and advances to (i) Subsidiaries or (ii) employees that in each case do not exceed Fifty Thousand Dollars ($50,000) and in the aggregate do not exceed Five Hundred Thousand Dollars ($500,000).
Loans to Other Persons. Neither ThermoView nor a subsidiary of ThermoView is obligated or committed to make any loan or advance to any person or entity, except for loans or advances to employees or customers in the ordinary course of business, consistent with past practice.
Loans to Other Persons. The Borrower will not, and will not permit any of its Subsidiaries, other than Excluded Future Subsidiaries, to, make any loan or otherwise advance any credit to any Person, except for loans and advances (i) constituting Permitted Investments and (ii) made in the ordinary course of business in an amount not exceeding $50,000 as to any Person, and $250,000 as to all Persons, outstanding at any one time.
Loans to Other Persons. Borrowers shall not make or be permitted to have outstanding any loans, advances or extensions of credit to any Person, except for (i) subject to the provisions of Section 7.4(c), loans and advances in favor of other Borrowers made in the ordinary course of business, and (ii) transactions permitted under Section 7.4(a).
Loans to Other Persons. Borrower shall not, and shall not permit any Guarantor to, make or permit to be outstanding any loan or advance to any Person; provided, however, Borrower may make loans to any Subsidiary (excluding any Public Subsidiary) the accounts of which are consolidated with those of Borrower in its consolidated financial statements in accordance with generally accepted accounting principles, so long as no Default or Event of Default exists at the time of (or would result from) the making of such loan. In addition to the foregoing, Borrower and Guarantors may make loans and advances to employees for moving, entertainment, travel and other similar expenses in the ordinary course of business consistent with past practices.
