Common use of Advances and Loans Clause in Contracts

Advances and Loans. Except investments permitted by Section 7.12, above, lend money, give credit or make advances (other than advances not to exceed $10,000 for any one employee and other reasonable and ordinary advances to cover reasonable expenses of employees, such as travel expenses) to any person, firm, joint venture or corporation, including, without limitation, Affiliates.

Appears in 2 contracts

Samples: Loan Agreement (Kroll O Gara Co), Loan Agreement (Kroll O Gara Co)

AutoNDA by SimpleDocs

Advances and Loans. Except foreign investments permitted by SECTION 7.12 and investments permitted by Section 7.127.15, above, lend money, give credit or make advances (other than advances not to exceed $10,000 for any one employee and other reasonable and ordinary advances to cover reasonable expenses of employees, such as travel expenses) to any person, firm, joint venture or corporation, including, without limitation, Affiliates.

Appears in 1 contract

Samples: Loan Agreement (Kroll O Gara Co)

AutoNDA by SimpleDocs

Advances and Loans. Except investments permitted by Section 7.128.12, above, lend money, give credit or make advances (other than advances not to exceed $10,000 for any one employee and other reasonable and ordinary advances to cover reasonable expenses of employees, such as travel expenses) to any person, firm, joint venture or corporation, including, without limitation, its Affiliates.;

Appears in 1 contract

Samples: Note Purchase Agreement (Kroll O Gara Co)

Time is Money Join Law Insider Premium to draft better contracts faster.