Loans to Shareholders or Affiliates. Without Exim Bank's prior ----------------------------------- written consent, make any loans to any shareholder or entity affiliated with Borrower. As used in this Section 7.2, the term "loan" does not include salary, reasonable rent paid to an affiliated entity owned by the shareholders, or to other expenses incurred in the ordinary course of Borrower's business.
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Samples: Export Import Bank Loan and Security Agreement, Loan and Security Agreement (Seachange International Inc), Loan and Security Agreement (Seachange International Inc)
Loans to Shareholders or Affiliates. Without Exim Bank's ’s prior ----------------------------------- written consent, make any loans to any shareholder or entity affiliated with Borrower. As used in this Section 7.2Section, the term "“loan" ” does not include salary, reasonable rent paid to an affiliated entity owned by the shareholders, or to other expenses incurred in the ordinary course of Borrower's ’s business, or Permitted Investments.
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Loans to Shareholders or Affiliates. Without Exim Bank's prior written ----------------------------------- written consent, make any loans to any shareholder or entity affiliated with Borrower. As used in this Section 7.2, the term "loan" does not include salary, reasonable rent paid to an affiliated entity owned by the shareholders, or to other expenses incurred in the ordinary course of Borrower's business.
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Loans to Shareholders or Affiliates. Without Exim Bank's prior written ----------------------------------- written consent, make any loans to any shareholder or entity affiliated with Borrower. As used in this Section 7.2, the term "loan" does not include salary, reasonable rent paid to an affiliated entity owned by the shareholders, or to other expenses incurred in the ordinary course of Borrower's business.
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Samples: Loan and Security Agreement (Quicklogic Corporation)
Loans to Shareholders or Affiliates. Without Exim Bank's prior ----------------------------------- written consent, make any loans to any shareholder or entity affiliated with Borrower. As used in this Section 7.2, the term "loan" does not include salary, reasonable rent paid to an affiliated entity owned by the shareholders, or to other expenses incurred in the ordinary course of Borrower's business.
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