Common use of Loans to Officers Clause in Contracts

Loans to Officers. Make any loans, advances or other extensions of credit to any of Borrowers' executives, officers, directors, shareholders or employees (or any relatives of any of the foregoing) in an aggregate amount exceeding $200,000, other than those set forth on Schedule 6.17.

Appears in 3 contracts

Samples: Loan Agreement (Sports Club Co Inc), Loan Agreement (Sports Club Co Inc), Loan Agreement (Sports Club Co Inc)

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Loans to Officers. Make any loans, advances or other extensions of credit to any of Borrowers' executives, officers, directors, shareholders or employees (or any relatives of any of the foregoing) in an aggregate amount exceeding $200,000, other than those set forth on Schedule 6.17.. -44- 50

Appears in 1 contract

Samples: Loan Agreement (Sports Club Co Inc)

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