Loans to Related Parties. There are no loans payable by any Borrower (a) to any member of such Borrower or to any other lender which is an Affiliate or subsidiary entity of such Borrower or of any such member of such Borrower; (b) to any stockholder, officer, director, member, or general or limited partner of any member of any Borrower or to any other lender which is an Affiliate or subsidiary entity of any such stockholder, officer, director, member, or general or limited partner of any member of such Borrower; (c) to any stockholder, officer, director, member, or general or limited partner of any member of any Borrower or to any other lender which is an Affiliate or subsidiary entity of any such stockholder, officer, director, member, or general or limited partner of any member of such Borrower; or (d) to any stockholder, officer, director, member, or general or limited partner of any stockholder, officer or director of any member of any Borrower or to any other lender which is an Affiliate or subsidiary entity of any such stockholder, officer, director, member, or general or limited partner of any stockholder, officer or director of any member of such Borrower.
Loans to Related Parties. Cause or allow BORROWER'S loans or other advances to BORROWER'S shareholders, officers, partnerships, subsidiaries, affiliates, directors or other related entities to exceed $2,000,000 at any time outstanding.
Loans to Related Parties. None of the directors, officers or shareholders of the Company or its Subsidiaries is indebted to or under any financial obligation to the Company or the Subsidiaries, on any account whatsoever.
Loans to Related Parties. Neither the Company nor any Company Subsidiary has made any material loans or advances to any employee, director, consultant or independent contractor, other than routine travel and expense advances made to employees in the Ordinary Course of Business.
Loans to Related Parties. Make any advances or loans to subsidiaries, affiliates, shareholders, officers or directors of the BORROWER.
Loans to Related Parties. There are no loans payable by Obligor (a) to any member of Obligor or to any other lender which is an affiliate or subsidiary entity of Obligor or of any such member of Obligor; (b) to any stockholder, officer, director, member, or general or limited partner of any member of Obligor or to any other lender which is an affiliate or subsidiary entity of any such stockholder, officer, director, member, or general or limited partner of any member of Obligor; (c) to any stockholder, officer, director, member, or general or limited
Loans to Related Parties. Except for normal ------------------------ travel and expense advances to employees not exceeding Ten Thousand Dollars ($10,000) in the aggregate, all loans and advances by VCI to officers, shareholders and employees, and their Affiliates shall have been repaid in full, with the exception of loans that are to be forgiven as set forth on Schedule 3.9.
Loans to Related Parties. The Company shall not make or purchase any loan in which the borrower is an Affiliate of the Manger or any of its Members (a “Related Party Loan”), unless all of the following conditions are satisfied:
(a) the underwriting standards applied to any Related Party Loan shall be consistent with those customarily applied by the Company and the loan terms and conditions shall not be more favorable to the related borrower in any material respect than the Company would make available to an unrelated borrower in a comparable loan transaction negotiated at arm’s length;
Loans to Related Parties. There are no loans payable by any Issuer (a) to any member of such Issuer or to any other lender which is an Affiliate or subsidiary entity of such Issuer or of any such member of such Issuer; (b) to any stockholder, officer, director, member, or general or limited partner of any member of any Issuer or to any other lender which is an Affiliate or subsidiary entity of any such stockholder, officer, director, member, or general or limited partner of any member of such Issuer; (c) to any stockholder, officer, director, member, or general or limited partner of any member of any Issuer or to any other lender which is an Affiliate or subsidiary entity of any such stockholder, officer, director, member, or general or limited partner of any member of such Issuer; or (d) to any stockholder, officer, director, member, or general or limited partner of any stockholder, officer or director of any member of any Issuer or to any other lender which is an Affiliate or subsidiary entity of any such stockholder, officer, director, member, or general or limited partner of any stockholder, officer or director of any member of such Issuer.
Loans to Related Parties. In the ordinary course of business, loans are granted to related parties, which include bank officers, principal shareholders, directors and entities in which such persons are principal shareholders. Loans outstanding at December 31, 1998 and 1997, to such related parties were approximately $13,542,228 and $11,467,427, respectively. During 1998, approximately $7,413,316 of new loans were made and repayments totaled approximately $5,338,515. Loans to related parties were made on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with unrelated persons and do not involve more than the normal risk of collectibility.
