LOANS, ADVANCES, INVESTMENTS Clause Samples
The "Loans, Advances, Investments" clause defines the rules and limitations regarding a party's ability to provide loans, make advances, or invest funds. Typically, this clause outlines the conditions under which such financial transactions can occur, including any required approvals, limits on amounts, or restrictions on counterparties. For example, it may prohibit a company from lending money to affiliates without board consent or set caps on investments in certain asset classes. The core function of this clause is to manage financial risk and ensure that the party's resources are used prudently, protecting stakeholders from unauthorized or imprudent financial commitments.
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LOANS, ADVANCES, INVESTMENTS. Etc. Make or commit or agree to make any loan, advance, guarantee of obligations, other extension of credit or capital contributions to, or hold or invest in or commit or agree to hold or invest in, or purchase or otherwise acquire or commit or agree to purchase or otherwise acquire any shares of the Capital Stock, bonds, notes, debentures or other securities of, or make or commit or agree to make any other Investment in, any other Person, or purchase or own any futures contract or otherwise become liable for the purchase or sale of currency or other commodities at a future date in the nature of a futures contract, or permit any of its Subsidiaries to do any of the foregoing, except for: (i) Investments existing on the date hereof, as set forth on Schedule 6.02(e). but not any increase in the amount thereof as set forth in such Schedule or any other modification of the terms thereof, (ii) loans, advances or other Investments by (A) a Loan Party or a Foreign Subsidiary to or in a Loan Party, in each case, made in the ordinary course of business, provided that such loan, advance or other Investment shall be subject to an Intercompany Subordination Agreement and (B) a Loan Party to or in a Foreign Subsidiary made in the ordinary course of business and not exceeding in the aggregate for all Loan Parties and Foreign Subsidiaries at any one time outstanding $500,000, (iii) loans and advances by a Loan Party or any of its Subsidiaries to its officers, directors, employees, agents, customers or suppliers for moving, entertainment, travel and other expenses in the ordinary course of business and not exceeding in the aggregate for all Loan Parties and their Subsidiaries at any one time outstanding $250,000, (iv) Permitted Investments, (v) Investments consisting of Capital Stock, obligations, securities or other property received by any Loan Party in settlement of accounts receivable or other Indebtedness (created in the ordinary course of business) from bankrupt obligors, (vi) Investments consisting of Permitted Indebtedness, (vii) Permitted Acquisitions and (viii) other Investments by a Loan Party or any of its Subsidiaries in an aggregate amount for all Loan Parties and their Subsidiaries not to exceed $1,000,000 at any time; provided that, notwithstanding the foregoing, until the Xanodyne Acquisition Trigger Date, no Loan Party or Subsidiary of a Loan Party shall be permitted to make any Investment in Xanodyne Acquisition, LLC.
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.
LOANS, ADVANCES, INVESTMENTS. Make any loans or advances to or investments in any person or entity, except (a) any of the foregoing existing as of, and disclosed to BNPLC prior to, the date hereof, (b) loans to employees for travel advances, relocation loans and other loans in the ordinary course of business, (c) investments in accordance with NAI's investment policy, as in effect from time to time, (d) existing investments in subsidiaries and joint ventures which have been disclosed to BNPLC in writing prior to the date hereof, and new investments in subsidiaries and joint ventures in amounts up to an aggregated of $10,000,000.00, (e) loans to employees, officers, directors to finance or refinance the purchase of equity securities of NAI.
LOANS, ADVANCES, INVESTMENTS. Make any loans or advances to or investments in any Person, except any of the foregoing existing as of, and disclosed to Lender prior to, the Effective Date, and additional loans or advances made in the ordinary course of the Borrower’s operations.
LOANS, ADVANCES, INVESTMENTS. Make or permit to exist any loans or advances to, or purchase any stock, other securities or evidences of indebtedness of, or make or permit to exist any investment (including without limitation the acquisition of stock of a corporation), or acquire any assets or any other interest whatsoever, in any other person.
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 and except investments expressly permitted under Section 5.3 hereof.
LOANS, ADVANCES, INVESTMENTS. Make any loans or advances to or investments in any person or entity, except (a) any of the foregoing existing as of, and disclosed to Bank prior to, the date hereof, and (b) intercompany loans and investments in other entities related to Permitted Acquisitions in an amount not to exceed an aggregate of $2,500,000.00 outstanding at any time.
LOANS, ADVANCES, INVESTMENTS. Not 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, or any loans or advances or investments made in the normal course, such as short term advances to employees or investments of excess cash.
LOANS, ADVANCES, INVESTMENTS. Make any loans or advances to or investments in any person or entity.
LOANS, ADVANCES, INVESTMENTS. Make any loans or advances to or investments in any person or entity, except (a) any of the foregoing existing as of, and disclosed to Bank prior to, the date hereof, (b) any of the foregoing made in the ordinary course of Borrower's business not to exceed an aggregate of $100,000.00 outstanding at any time, and (c) any investments made with or through Bank, whether in connection with a Bank deposit account or time deposit or any other Bank investment product.