Loans by Borrower. Borrower will not, and will not permit any Subsidiary to, make any loan to any Person, except for loans in anticipation of reasonable and normally reimbursable business expenses and trade credit extended in the ordinary course of Business.
Appears in 4 contracts
Samples: Business Credit and Security Agreement (Government Technology Services Inc), Credit and Security Agreement (Creative Computers Inc), Credit and Security Agreement (Creative Computers Inc)
Loans by Borrower. Borrower will not, and will not permit any Subsidiary to, make any loan to any Person, except for loans in anticipation of reasonable and normally reimbursable business expenses expenses, payroll and commission advances and trade credit extended in the ordinary course of Business.
Appears in 3 contracts
Samples: Loan and Security Agreement (Western Power & Equipment Corp), Loan and Security Agreement (Western Power & Equipment Corp), Loan and Security Agreement (Travis Boats & Motors Inc)
