Shareholder Loans. Except as set forth in Section 2.4, pay, or otherwise make a distribution as satisfaction for, principal or interest on any loan made to the Borrower by an officer, director or holder of the Borrower’s equity securities so long as this Loan is outstanding. The Borrower shall not make loans to any officer, director or holder of the Borrower’s equity securities.
Appears in 4 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement