Loans out. (a) Except as provided below, no member of the Group may be the creditor in respect of any Financial Indebtedness.
Loans out. (a) Except as provided below, the Borrower shall not (and shall ensure that no other Group Member will) be the creditor in respect of any Financial Indebtedness.
Loans out. No Obligor (other than Holdco) shall (and the Obligors shall ensure that no other member of the Group will) be a creditor in respect of any Financial Indebtedness. This restriction does not apply to the following items (each a Permitted Loan):
Loans out. (a) Except as provided in paragraph (b) below, the Borrower may not extend loans or be a creditor in respect of any Financial Indebtedness.
Loans out. The Borrower shall not be a creditor in respect of any Financial Indebtedness. This restriction does not apply to:
Loans out. The Issuer and US HoldCo shall not, and shall procure that none of their Subsidiaries will, extend any loans in any form to any party other than (i) in the ordinary course of business, (ii) to a Group Company, and (iii) any other loans in an aggregate amount outstanding not exceeding EUR 1,000,000.
Loans out. The Company shall not and shall procure that no other Group Member shall, grant or make available to another Person any Financial Indebtedness, save for:
Loans out. The Issuer shall not, and shall procure that no other Group Company will, extend any loans in any form to any other party than (i) to other Group Companies, (ii) the Parent Loan, or (iii) in the ordinary course of business.
Loans out. The Issuer shall not, and shall procure that none of its Subsidiaries, provide any loan to any party other than to another Group Company or in the ordinary course of business.
Loans out. No Obligor will, and each Obligor will procure that no member of the Group will, be the creditor in respect of any Borrowings, save for:-
