Non-Arm’s Length Loans, Loans to Insiders, etc Sample Clauses

Non-Arm’s Length Loans, Loans to Insiders, etc. No Heritage Group company has made any payment or loan to, or borrowed any funds from or is otherwise indebted to, any officer, director, employee, shareholder or any other person not dealing at arm’s length with such Heritage Group company. No Heritage Group company is a party to any Contract with any officer, director, employee, shareholder or any other person not dealing at arm’s length with Heritage, other than as disclosed in the Heritage Financial Statements as “related party transactions”.
Sample 1
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Non-Arm’s Length Loans, Loans to Insiders, etc. Except as disclosed in the Cannacure Financial Statements, Cannacure has not made any payment or loan to, or borrowed any funds from or is otherwise indebted to, any officer, director, employee, shareholder or any other person not dealing at arm’s length with Cannacure except with respect to reasonable and bona fide expenses incurred by such persons relating to the business and affairs of Cannacure. Cannacure is not a party to any contract with any officer, director, employee, shareholder or any other person not dealing at arm’s length with Cannacure.
Sample 1
Non-Arm’s Length Loans, Loans to Insiders, etc. MJO has not engaged in any transaction with, and has made no payment or loan to, or borrowed any funds from or is otherwise indebted to, any officer, director, employee, shareholder or any other person not dealing at arm’s length with MJO. MJO is not a party to any Contract with any officer, director, employee, shareholder or any other person not dealing at arm’s length with MJO, other than as disclosed in the MJO Financial Statements as “related party transactions”.
Sample 1
Non-Arm’s Length Loans, Loans to Insiders, etc. Other than in respect of the $1,000,000 aggregate principal amount of convertible debentures issued to a shareholder of Lift, Lift has not made any payment or loan to, or borrowed any funds from or is otherwise indebted to, any officer, director, employee, shareholder or any other person not dealing at arm’s length with Lift, except with respect to reasonable and bona fide expenses incurred by such persons relating to the business and affairs of Lift.
Sample 1
Non-Arm’s Length Loans, Loans to Insiders, etc. RegTech has made no payment or loan to, or borrowed any funds from or is otherwise indebted to, any officer, director, employee, shareholder or any other person not dealing at arm’s length with RegTech, other than as disclosed in the RegTech Financial Statements. RegTech is not a party to any Contract with any officer, director, employee, shareholder or any other person not dealing at arm’s length with RegTech, other than as disclosed in the RegTech Financial Statements as “related party transactions”.
Sample 1

Related to Non-Arm’s Length Loans, Loans to Insiders, etc

  • Investments, Loans, Etc The Borrower will not, and will not permit any of its Subsidiaries to, purchase, hold or acquire (including pursuant to any merger with any Person that was not a wholly-owned Subsidiary prior to such merger), any common stock, evidence of indebtedness or other securities (including any option, warrant, or other right to acquire any of the foregoing) of, make or permit to exist any loans or advances to, Guarantee any obligations of, or make or permit to exist any investment or any other interest in, any other Person (all of the foregoing being collectively called “Investments”), or purchase or otherwise acquire (in one transaction or a series of transactions) any assets of any other Person that constitute a business unit, or create or form any Subsidiary, except:

  • Repayment of Revolving Loans The Revolving Loans and all other Liabilities (other than the Term Loan) shall be repaid on the last day of the Original Term or any Renewal Term if this Agreement is renewed pursuant to Section 10 hereof.

  • Adjustment of Revolving Loans To the extent the Commitments being increased on the relevant Increase Effective Date are Revolving Commitments, then each of the Revolving Lenders having a Revolving Commitment prior to such Increase Effective Date (the “Pre-Increase Revolving Lenders”) shall assign to any Revolving Lender which is acquiring a new or additional Revolving Commitment on the Increase Effective Date (the “Post-Increase Revolving Lenders”), and such Post-Increase Revolving Lenders shall purchase from each Pre-Increase Revolving Lender, at the principal amount thereof, such interests in the Revolving Loans and participation interests in LC Exposure and Swingline Loans outstanding on such Increase Effective Date as shall be necessary in order that, after giving effect to all such assignments and purchases, such Revolving Loans and participation interests in LC Exposure and Swingline Loans will be held by Pre-Increase Revolving Lenders and Post-Increase Revolving Lenders ratably in accordance with their Revolving Commitments after giving effect to such increased Revolving Commitments.

  • Protective Advances and Optional Overadvances (i) Any contrary provision of this Agreement or any other Loan Document notwithstanding (but subject to Section 2.3(d)(iv)), at any time (A) after the occurrence and during the continuance of a Default or an Event of Default, or (B) that any of the other applicable conditions precedent set forth in Section 3 are not satisfied, Agent hereby is authorized by Borrowers and the Lenders, from time to time, in Agent’s sole discretion, to make Revolving Loans to, or for the benefit of, Borrowers, on behalf of the Revolving Lenders, that Agent, in its Permitted Discretion, deems necessary or desirable (1) to preserve or protect the Collateral, or any portion thereof, or (2) to enhance the likelihood of repayment of the Obligations (other than the Bank Product Obligations) (the Revolving Loans described in this Section 2.3(d)(i) shall be referred to as “Protective Advances”).

  • LOANS, ADVANCES, INVESTMENTS Make any loans or advances to or investments in any person or entity, except any of the foregoing existing as of, and disclosed to Bank prior to, the date hereof.

  • Repayment of Term Loans and Revolving Facility Loans (a) Subject to the other clauses of this Section 2.10 and to Section 9.08(e),

  • Loans, Advances, Investments, Etc Make or commit or agree to make, or permit any of its Subsidiaries make or commit or agree to make, any Investment in any other Person except for Permitted Investments.

  • Repayment of Revolving Credit Loans The Borrower shall repay the Revolving Credit Loans together with all outstanding interest thereon on the Expiration Date.

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