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

Sources: Limited Liability Company Agreement (Lawton Surgery Investment Company, LLC), Limited Liability Company Agreement (NPMC Holdings, LLC), Operating Agreement (NPMC Holdings, LLC)

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 16 contracts

Sources: Agreement and Plan of Merger (Singular Genomics Systems, Inc.), Merger Agreement (Sparton Corp), Business Combination Agreement (Atlas Holdings, 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 15 contracts

Sources: Triangular Merger Agreement (Ars Networks Inc), Triangular Merger Agreement (Ars Networks Inc), Stock Purchase Agreement (Globecomm Systems 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

Sources: Merger Agreement (MidWestOne Financial Group, Inc.), Merger Agreement (First State Bancorporation), Merger Agreement (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

Sources: Merger Agreement (Cornerstone Therapeutics Inc), Merger Agreement (Red Giant Entertainment, Inc.), Merger Agreement (Accentia Biopharmaceuticals 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

Sources: Merger Agreement (New Frontier Media Inc), Merger Agreement (Capital City Energy Group, Inc.), Merger Agreement (Jefferson Pilot Corp)

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

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

Sources: Operating Agreement (Basic Technologies Inc), Operating Agreement (Basic Technologies Inc), Operating Agreement (Basic Technologies 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

Sources: 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 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

Sources: 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

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

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 2 contracts

Sources: Limited Liability Company Operating Agreement, Operating Agreement

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

Sources: Merger Agreement (Northwest Natural Gas Co), Merger Agreement (Northwest Natural Gas 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

Sources: Merger Agreement (WPS Resources Corp), Merger Agreement (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 instancesspecific.

Appears in 2 contracts

Sources: Bylaws, Bylaws

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

Sources: Merger Agreement (Buffets Holdings, Inc.), Merger Agreement (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 instances.

Appears in 2 contracts

Sources: Share Exchange Agreement, Merger Agreement (MTR Gaming Group Inc)

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

Sources: 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

Sources: Plan of Merger (Edmonds 5 Inc.)

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

Sources: Annual Report (Golden State Bancorp 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

Sources: Stockholders Voting 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 less authorized by a resolution of the Board of ManagersDirectors. Such authority may be general or confined to specific instances.

Appears in 1 contract

Sources: Agreement and Plan of Reorganization (Digimarc CORP)

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

Sources: Plan of Conversion (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 board of Managersdirectors. Such authority may be general or confined to specific instances.

Appears in 1 contract

Sources: Merger Agreement (Western Power & Equipment Corp)

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

Sources: Merger Agreement (Becoming Art Inc)

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

Sources: 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

Sources: Preferred Stock Purchase Agreement (Computer Software Innovations 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

Sources: Operating 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

Sources: Securities Purchase Agreement (Warburg Pincus Ventures Lp)

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

Sources: Securities Purchase Agreement (Oriental Financial Group Inc)

Loans. No loans shall be contracted on behalf of the Company Corporation and no evidences of indebtedness evidence ofindebtedness 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

Sources: Plan of Conversion

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

Sources: Deed of Trust Amendment (Puerto Rico Residents Bond Fund I)

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

Sources: Limited Liability Company Agreement (Visionary 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 Managers. Such authority may be general or confined to specific instances.

Appears in 1 contract

Sources: Operating Agreement (Cedric Kushner Promotions 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 Managers. Such authority may be general or confined to specific instancesdirectors.

Appears in 1 contract

Sources: Transaction Agreement (Bedding Experts 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 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

Sources: Merger Agreement (Aviall Inc)

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

Sources: Merger 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 Board of ManagersDirectors. Such authority may be general or confined to specific instancesin- stances.

Appears in 1 contract

Sources: Intergovernmental Agreement

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.

Appears in 1 contract

Sources: Economic Development and Business Growth Partnership Agreement

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

Sources: Merger Agreement (Medicis Pharmaceutical Corp)

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

Appears in 1 contract

Sources: Operating Agreement (Biltmore Group of Louisiana LLC)

Loans. No loans shall be contracted on behalf of the Company this Company, and no evidences of indebtedness negotiable papers shall be issued in its name name, unless and except as authorized by a resolution vote of the Board of Managers. Such authority may Managers or by such Manager, agent, employee or other person to whom such power shall be general or confined to specific instancesdelegated by the Board of Managers by resolution.

Appears in 1 contract

Sources: Operating Agreement (Elephant & Castle Group 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

Sources: By Laws (Rli Corp)

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

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

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

Sources: 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 Board of ManagersDirectors. Such authority may be general or confined to specific instances.

Appears in 1 contract

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

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 Managers. Such authority may be general or confined to specific instancesDirectors.

Appears in 1 contract

Sources: Merger Agreement (Molex 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

Sources: Bylaws (Basic Us Reit 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 Managers. Such authority may be general Members or confined to specific instancesotherwise in accordance with the limitations set forth herein.

Appears in 1 contract

Sources: Equity Purchase Agreement (True Nature Holding, Inc.)