Common use of No Outstanding Loans or Other Extensions of Credit Clause in Contracts

No Outstanding Loans or Other Extensions of Credit. Except as described in the General Disclosure Package, since the adoption of Section 13(k) of the 1934 Act, neither the Company nor any of its subsidiaries has extended or maintained credit, arranged for the extension of credit, or renewed any extension of credit, in the form of a personal loan, to or for any director or executive officer (or equivalent thereof) of the Company and/or such subsidiary except for such extensions of credit as are expressly permitted by Section 13(k) of the 1934 Act.

Appears in 1 contract

Samples: Vical Incorporated (Vical Inc)

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No Outstanding Loans or Other Extensions of Credit. Except as described in the General Disclosure Package, since Since the adoption of Section 13(k) of the 1934 Act, neither the Company nor any of its subsidiaries has not extended or maintained credit, arranged for the extension of credit, or renewed any extension of credit, in the form of a personal loan, to or for any director or executive officer (or equivalent thereof) of the Company and/or such subsidiary except for such extensions of credit as are expressly permitted by Section 13(k) of the 1934 Act.

Appears in 1 contract

Samples: Terms Agreement (Superconductor Technologies Inc)

No Outstanding Loans or Other Extensions of Credit. Except as described in the General Disclosure Package, since Since the adoption of Section 13(k) of the 1934 Act, neither the Company nor any of its subsidiaries has not extended or maintained credit, arranged for the extension of credit, or renewed any extension of credit, in the form of a personal loan, to or for any director or executive officer (or equivalent thereof) of the Company and/or such subsidiary except for such extensions of credit as are expressly permitted by Section 13(k) of the 1934 Act.

Appears in 1 contract

Samples: Terms Agreement (Somaxon Pharmaceuticals, Inc.)

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No Outstanding Loans or Other Extensions of Credit. Except as described in the General Disclosure Package, since Since the adoption of Section 13(k) of the 1934 Act, neither the Company nor any of its subsidiaries has extended or maintained credit, arranged for the extension of credit, or renewed any extension of credit, in the form of a personal loan, to or for any director or executive officer (or equivalent thereof) of the Company and/or such subsidiary or any of its subsidiaries except for such extensions of credit as are expressly permitted by Section 13(k) of the 1934 Act.

Appears in 1 contract

Samples: Terms Agreement (Maxwell Technologies Inc)

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