Common use of Loans Clause in Contracts

Loans. No loans shall be contracted on behalf of the Company and no evidences of indebtedness shall be issued in its name unless authorized by a resolution of the Board of Managers. Such authority may be general or confined to specific instances.

Appears in 95 contracts

Samples: Limited Liability Company Agreement (Marietta Surgical Center, Inc.), Limited Liability Company Agreement (NPMC Holdings, LLC), Limited Liability Company Agreement (Marietta Surgical Center, Inc.)

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Loans. No loans shall be contracted on behalf of the Company Corporation and no evidences of indebtedness shall be issued in its name unless authorized by a resolution of the Board of ManagersDirectors. Such authority may be general or confined to specific instances.

Appears in 15 contracts

Samples: Management Agreement, Agreement (Artfest International Inc), Agreement and Plan of Merger

Loans. No loans shall be contracted on behalf of the Company corporation and no evidences of indebtedness shall be issued in its name unless authorized by a resolution of the Board of Managersdirectors. Such authority may be general or confined to specific instances.

Appears in 15 contracts

Samples: Plan and Agreement of Triangular Merger (Ars Networks Inc), Plan and Agreement of Triangular Merger (Ars Networks Inc), Stock Purchase Agreement (Globecomm Systems Inc)

Loans. No loans shall be contracted on behalf of the Company and no evidences of indebtedness shall be issued in its name unless authorized by a resolution of the Board of Managerssubject to the conditions set forth in Article II, Section 7. Such authority may be general or confined to specific instances.

Appears in 9 contracts

Samples: Operating Agreement (Pepco Holdings Inc), Operating Agreement (Entergy Arkansas Inc), Operating Agreement (Xcel Energy Inc)

Loans. No loans shall be contracted on behalf of the Company corporation and no evidences of indebtedness shall be issued in its name unless authorized by a resolution of the Board of ManagersDirectors. Such authority may be general or confined to specific instances.

Appears in 7 contracts

Samples: Agreement and Plan of Merger (First State Bancorporation), Agreement and Plan of Merger (MidWestOne Financial Group, Inc.), Agreement and Plan of Merger (Amerasia Khan Enterprises Ltd.)

Loans. No loans shall be contracted on behalf of the Company Corporation and no evidences evidence of indebtedness shall be issued in its name unless authorized by a resolution of the Board of ManagersDirectors. Such authority may be general or confined to specific instances.

Appears in 6 contracts

Samples: Agreement of Merger and Plan of Reorganization (Accentia Biopharmaceuticals Inc), Agreement and Plan of Merger (Cornerstone Therapeutics Inc), Agreement of Assumption (Fairfield Communities Inc)

Loans. No loans shall be contracted on behalf of the Company corporation and no evidences of indebtedness shall be issued in its name unless authorized by a resolution of the Board board of Managersdirectors. Such authority may be general or confined to specific instances.

Appears in 4 contracts

Samples: Deposit Escrow Agreement (New Frontier Media Inc), Agreement and Plan of Merger (Jefferson Pilot Corp), Agreement and Plan of Merger (Capital City Energy Group, Inc.)

Loans. No loans shall be contracted on behalf of the Company and no evidences of indebtedness shall be issued in its name unless authorized by a resolution of the Board of ManagersManager Member. Such authority may be general or confined to specific instances.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Conning Corp), Limited Liability Company Agreement (Conning Corp), Limited Liability Company Agreement (Conning Corp)

Loans. No loans shall be contracted on behalf of the Limited Liability Company and no evidences of indebtedness shall be issued in its name unless authorized by a resolution of the Board of ManagersMembers. Such authority may be general or confined to specific instances.

Appears in 3 contracts

Samples: Regulations and Operating Agreement (Basic Technologies Inc), Regulations and Operating Agreement (Basic Technologies Inc), Regulations and Operating Agreement (Basic Technologies Inc)

Loans. No loans shall be contracted on behalf of the Company corporation, or any division thereof, and no evidences evidence of indebtedness indebtedness, other than in the ordinary course of business, shall be issued in its the name of the corporation, or any division thereof, unless authorized by a resolution the board of the Board of Managersdirectors. Such authority authorization may be general or confined to specific instances.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Protective Life Corp), Agreement and Plan of Merger (Habit Restaurants, Inc.), Agreement and Plan of Merger (Usg Corp)

Loans. No loans shall be contracted on behalf of the Company Limited Liability Company, and no evidences of indebtedness shall be issued in its name unless authorized by a resolution of the Board of Managers. Such authority may be general or confined to specific instances.

Appears in 3 contracts

Samples: Operating Agreement (FanSided Inc.), Operating Agreement (FanSided Inc.), Operating Agreement (FanSided Inc.)

Loans. No loans shall be contracted on behalf of the Company and no evidences of indebtedness shall be issued in its name unless authorized by a resolution of the Board of ManagersMembers. Such authority may be general or confined to specific instances.

Appears in 3 contracts

Samples: Operating Agreement (Ruth's Chris Steak House Texas, L.P.), Operating Agreement (Ruth's Chris Steak House Texas, L.P.), Operating Agreement (Hawker Beechcraft Quality Support Co)

Loans. No loans shall be contracted on behalf of the Company corporation and no evidences evidence of indebtedness shall be issued in its name unless authorized by a resolution of the Board board of Managersdirectors. Such authority may be general or confined to specific instances.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (WPS Resources Corp), Agreement and Plan of Merger (Peoples Energy Corp)

Loans. No loans shall be contracted on behalf of the Company corporation and no evidences evidence of indebtedness shall be issued in its name unless authorized by a resolution of the Board of ManagersDirectors. Such authority may be general or confined to specific instances.

Appears in 2 contracts

Samples: Share Exchange Agreement, Agreement and Plan of Merger (MTR Gaming Group Inc)

Loans. No loans shall be contracted on behalf of the Company company and no evidences of indebtedness shall be issued in its name unless authorized by a resolution of the Board board of Managersdirectors. Such authority may be general or confined to specific instances.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Northwest Natural Gas Co), Agreement and Plan of Merger and Reorganization (Northwest Natural Gas Co)

Loans. No Except for loans which are incurred in the ordinary course of business, no loans shall be contracted on behalf of the Company Corporation and no evidences of indebtedness shall be issued in its name unless authorized by a resolution of the Board of ManagersDirectors. Such authority may be general or confined to specific instances.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Buffets Holdings, Inc.), Agreement and Plan of Merger (Ryans Restaurant Group Inc)

Loans. No loans shall be contracted on behalf of the Company Corporation and no evidences evidence of indebtedness shall be issued in its name unless authorized by a resolution of the Board of ManagersDirectors. Such authority may be general or confined to specific instancesspecific.

Appears in 2 contracts

Samples: wendellswimclub.com, www.wendellswimclub.org

Loans. No loans shall be contracted on behalf of the Company Corporation and no evidences evidence of indebtedness shall be issued in its name unless authorized by a resolution of the Board of ManagersDirectors. Such authority may be general or confined to specific instances.

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Defiance Financial Corp)

Loans. No loans shall be contracted on behalf of the Company or any Subsidiary, and no evidences of indebtedness shall be issued in its name name, unless authorized by a resolution of the Board of Managersand authorized under Sections 7.4 or 8.1 hereof. Such authority may be general or confined to specific instances.

Appears in 1 contract

Samples: Operating Agreement (ResCare Finance, Inc.)

Loans. No loans shall be contracted on behalf of the Company Corporation and no evidences of indebtedness shall be issued in its name unless authorized by a resolution of the Board of ManagersDirectors. Such authority may be general or confined to specific instances.

Appears in 1 contract

Samples: Escrow Agreement (Medicis Pharmaceutical Corp)

Loans. No loans shall be contracted on behalf of the Company and no evidences evidence of indebtedness shall be issued in its the Company's name unless authorized by or under the authority of a resolution of the Board of ManagersBoard. Such authority may be general or confined to specific instances.

Appears in 1 contract

Samples: Agreement and Plan of Merger

Loans. No loans shall be contracted on behalf of the Company Corporation and no evidences evidence of indebtedness shall be issued in its name unless authorized by a resolution of the Board of ManagersDirectors. Such authority may be general or confined to specific instancesin- stances.

Appears in 1 contract

Samples: Intergovernmental Agreement

Loans. No loans shall be contracted on behalf of the Company bank and no evidences evidence of indebtedness shall be issued in its name unless authorized by a resolution the board of the Board of Managersdirectors. Such authority may be general or confined to specific instances.

Appears in 1 contract

Samples: Employment Agreement (Golden State Bancorp Inc)

Loans. No loans shall be contracted on behalf of the Company and or no evidences of indebtedness (not including leases or open accounts) shall be issued in its name unless authorized by a resolution of the Board of ManagersManaging Member. Such authority may be general or confined to specific instances.

Appears in 1 contract

Samples: Operating Agreement

Loans. No loans shall be contracted on behalf of the Company Fund and no evidences evidence of indebtedness shall be issued in its name unless authorized by a resolution of the Board of ManagersDirectors. Such authority may be general or confined to specific instances.

Appears in 1 contract

Samples: Puerto Rico Residents Bond Fund I

Loans. No loans shall be contracted on behalf of the Company Company, and no evidences evidence of indebtedness shall be issued in its name name, unless authorized by a resolution of the Board of ManagersMember. Such authority may be general or confined to specific instances.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Aevi Genomic Medicine, Inc.)

Loans. No loans loan shall be contracted on behalf of the Company Corporation, or any division thereof, and no evidences evidence of indebtedness shall be issued in its the name of the Corporation, or any division thereof, unless authorized by a resolution of the Board of Managers. Such authority Directors and such authorization may be general or confined to specific instances.

Appears in 1 contract

Samples: Rli Corp

Loans. No loans shall be contracted on behalf of the Company and no evidences evidence of indebtedness shall be issued in its name unless authorized by a resolution of the Board of ManagersManager. Such authority may be general or confined to specific instances.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Visionary Systems, Inc.)

Loans. No loans shall be contracted on behalf of the Company and no evidences evidence of indebtedness shall be issued in its name unless authorized by a resolution of the Board of Managers. Such authority may be general or confined to specific instances.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement

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Loans. No loans shall be contracted on behalf of the Company corporation and no evidences Evidences of indebtedness shall be issued in its name unless authorized by a resolution of the Board of ManagersDirectors. Such authority may be a general or confined to specific instances.

Appears in 1 contract

Samples: Articles of Agreement

Loans. No loans shall be contracted on behalf of the Company Corporation and no evidences evidence of indebtedness shall be issued in its name unless authorized by a resolution of the President or the Board of ManagersDirectors. Such authority may be general or confined to specific instances.

Appears in 1 contract

Samples: Securities Purchase Agreement (Warburg Pincus Ventures Lp)

Loans. No loans shall be contracted on behalf of the Company and no evidences evidence of indebtedness shall be issued in its name name, unless authorized by a resolution of the Board of Managers. Such authority may be general or confined to specific instances.

Appears in 1 contract

Samples: Operating Agreement (Postal Holdings)

Loans. No loans shall be contracted on behalf of the Company Corporation and no evidences evidence of indebtedness shall be issued in its name unless authorized by a resolution the board of the Board of Managersdirectors. Such authority may be general or confined to specific instances.

Appears in 1 contract

Samples: Plan of Merger (Edmonds 5 Inc.)

Loans. No loans shall be contracted on behalf of the Company Corporation, and no evidences of indebtedness shall be issued in its name name, unless authorized by a resolution of the Board of ManagersDirectors. Such authority may be general or confined to specific instances.

Appears in 1 contract

Samples: Basic Us Reit Inc

Loans. No loans shall be contracted on behalf of the Company Corporation and no evidences evidence of indebtedness shall be issued in its name unless authorized by a resolution of the Board of ManagersDirectors. Such authority may be general or confined to specific instances.

Appears in 1 contract

Samples: Escrow Agreement (Oriental Financial Group Inc)

Loans. No loans shall be contracted on behalf of the Company corporation and no evidences evidence of indebtedness shall be issued in its name unless authorized by a resolution vote of the Board of ManagersDirectors, and then only in accordance with XXXXX and other applicable legal provisions. Such authority may be general or confined to specific instances. This language should not be construed to mean that the corporation cannot issue purchase orders to pay for approved expenditures in the ordinary course of business.

Appears in 1 contract

Samples: Charter School Contract Pagosa Peak Open School

Loans. No loans shall be contracted on behalf of the Company and no Corporation nor evidences of indebtedness shall be issued in its name unless authorized by a resolution of the Board of ManagersDirectors. Such authority may shall be general or confined to specific instances.

Appears in 1 contract

Samples: Charter School Authorizer Agreement

Loans. No loans shall be contracted on behalf of the Company and no evidences evidence of indebtedness shall be issued in its name unless authorized by a resolution the board of the Board of Managersdirectors. Such authority may be general or confined to specific instances.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Computer Software Innovations Inc)

Loans. No loans shall be contracted on behalf of the Company ----- Corporation and no evidences evidence of indebtedness shall be issued in its name unless authorized by a resolution of the Board of ManagersDirectors. Such authority may be general or confined to specific instances.

Appears in 1 contract

Samples: Joint Venture Agreement (Ameritas Variable Life Insurance Co Separate Account V)

Loans. No loans shall be contracted on behalf of the Company company and no evidences of indebtedness shall be issued in its name unless authorized by a resolution of the Board board of Managersdirectors. Such authority may be general or confined to specific instances. SECTION 3.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Northwest Natural Gas Co)

Loans. No loans shall be contracted on behalf of the Company BANK and ----------------- no evidences evidence of indebtedness shall be issued in its name unless authorized by a resolution the board of the Board of Managersdirectors. Such authority may be general or confined to specific instances.

Appears in 1 contract

Samples: First Lincoln Bancshares Inc

Loans. No loans shall be contracted on behalf of the Company corporation and no evidences of indebtedness shall be issued in its name unless authorized by a resolution of the Board of ManagersDirectors. Such authority as the Board of Directors may grant with respect thereto may be either general or confined to specific instances.

Appears in 1 contract

Samples: Agreement (Hmi Industries Inc)

Loans. No loans shall be contracted on behalf of the Company Corporation and no evidences evidence of indebtedness shall be issued in its name unless authorized by a resolution of the Board of ManagersSole Shareholder. Such authority may be general or confined to specific instances.

Appears in 1 contract

Samples: Settlement Agreement (Pennichuck Corp)

Loans. No loans shall be contracted on behalf of the Company corporation, and no evidences of indebtedness shall be issued in its name unless authorized by a resolution of the Board board of Managersdirectors. Such authority may be general or confined to specific instances.

Appears in 1 contract

Samples: Registration Rights Agreement (Western Power & Equipment Corp)

Loans. No loans loan shall be contracted on behalf of the Company Corporation and no evidences evidence of indebtedness shall be issued in its name unless authorized by a resolution of the Board of ManagersDirectors. Such authority may be general or confined to specific instances.

Appears in 1 contract

Samples: Warrant Agreement (Fw Integrated Orthopaedics Investors Lp)

Loans. No loans shall be contracted on behalf of the Company corporation and no evidences of indebtedness shall be issued in its name unless authorized by a resolution of the Board of ManagersBoard. Such authority may be general or confined to specific instances. No loans shall be made by the corporation secured by its shares.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Aviall Inc)

Loans. No loans shall be contracted on behalf of the Company corporation and no evidences of indebtedness shall be issued in its name name, unless authorized by a resolution of the Board board of Managersdirectors. Such authority may be general or confined to specific instances.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Becoming Art Inc)

Loans. No loans shall be contracted on behalf of the Company Company, and no evidences of indebtedness shall be issued in its name name, unless authorized by a resolution of the Board of Managersand authorized under Sections 7.4 or 8.1hereof. Such authority may be general or confined to specific instances.

Appears in 1 contract

Samples: Operating Agreement (THM Homes Inc)

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