Prohibition of Loans Sample Clauses

Prohibition of Loans. Not incur any borrowings, except in the usual and ordinary course of business, without the prior written consent of OAK BROOK, which consent will not be unreasonably withheld.
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Prohibition of Loans. Not incur any obligations for borrowed money, except for loans in the usual and ordinary course of business;
Prohibition of Loans. None of the Borrowers shall make or have outstanding any loans or advances to or otherwise extend credit to any Person (including, without limitation, loans or advances to officers, owners or affiliates), except in the ordinary course of business. None of the Borrowers shall guaranty the indebtedness of any Person.
Prohibition of Loans. Give prompt written notice to LEAPFROG of any borrowings of ALBARA or any of its subsidiaries, except those made in the usual and ordinary course of business.
Prohibition of Loans. Give prompt written notice to PVAXX and receive the express written consent for any borrowings of OAK BROOK or any of its subsidiaries, except those made in the usual and ordinary course of business.
Prohibition of Loans. It shall give prompt written notice to of any borrowings of or any of its subsidiaries, except those made in the usual and ordinary course of business.
Prohibition of Loans. Except as contemplated herein with respect to the Debentures and with respect to obtaining up to $350,000 of additional borrowing from eCom, not incur any borrowings, except in the usual and ordinary course of business, without the prior written consent of PROVIDENCE, which consent will not be unreasonably withheld.
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Prohibition of Loans. Not incur any obligations for borrowed money, except for inter-company loans in the usual and ordinary course of business unless Buyer shall consent thereto;
Prohibition of Loans. Incur any borrowings which will not be repaid in full on or before the Closing Date;
Prohibition of Loans. Not incur any borrowings other than the bridge loan of up to Five Hundred Thousand Dollars ($500,000) contemplated to be made by, or arranged by, Xxxxxxx Xxxx and Company, LLC (the "Bridge Loan"), except in the usual and ordinary course of business, without the prior written consent of PROVIDENCE, which consent will not be unreasonably withheld.
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