Common use of Prohibition of Loans Clause in Contracts

Prohibition of Loans. Not incur any borrowings, except in the usual and ordinary course of business, without the prior written consent of OAK BROOK, which consent will not be unreasonably withheld.

Appears in 3 contracts

Samples: Plan and Agreement (Pvaxx Corp), Plan and Agreement (Pvaxx Corp), Agreement and Plan (Alpha Fibre Inc)

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Prohibition of Loans. Not incur any borrowings, except in the usual and ordinary course of business, without the prior written consent of OAK BROOKPROVIDENCE, which consent will not be unreasonably withheld.

Appears in 3 contracts

Samples: Agreement and Plan (Lifelong Com Inc), Agreement and Plan of Merger and Reorganization (United American Companies Inc), Agreement and Plan of Merger and Reorganization (Providence Capital I Inc)

Prohibition of Loans. Not incur any borrowings, except in the usual and ordinary course of business, without the prior written consent of OAK BROOKALBARA, which consent will not be unreasonably withheld.

Appears in 2 contracts

Samples: Plan and Agreement of Merger (Leapfrog Smart Products Inc), Plan and Agreement of Merger (Albara Corp)

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Prohibition of Loans. Not incur any borrowings, except in the usual and ordinary course of business, without the prior written consent of OAK BROOKof, which consent will not be unreasonably withheld.

Appears in 1 contract

Samples: Plan and Agreement of Merger and Reorganization (Alpha Fibre Inc)

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