Common use of Loans and Guarantees Clause in Contracts

Loans and Guarantees. (a) No Obligor shall (and the Borrower shall ensure that no member of the Group will) make or allow to subsist any loans, grant any credit (save in the ordinary course of business) or give or allow to remain outstanding any guarantee or indemnity (except as required under any of the Finance Documents) to or for the benefit of any person or otherwise voluntarily assume any liability, whether actual or contingent, in respect of any obligation of any person.

Appears in 3 contracts

Samples: Facility Agreement (PCGI Intermediate Holdings LTD), Agreement (PCGI Intermediate Holdings LTD), Agreement (PCGI Intermediate Holdings LTD)

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Loans and Guarantees. (a) No Obligor shall (and the Borrower Parent shall ensure that no member of the Group will) make or allow to subsist any loans, grant any credit (save in the ordinary course of business including, without limitation, the giving of guarantees of leasehold obligations in the ordinary course of business) make any loans, grant any credit or give or allow to remain outstanding any guarantee or indemnity (except as required under any of the Finance Documents) to or for the benefit of any person or otherwise voluntarily assume any liability, whether actual or contingent, in respect of any obligation of any personperson save in each case for Permitted Indemnities.

Appears in 2 contracts

Samples: Agreement (Signet Jewelers LTD), Facilities Agreement (Signet Jewelers LTD)

Loans and Guarantees. (a) No Obligor shall (and the Borrower shall ensure that no member of the Group will) make or allow to subsist any loans, grant any credit (save in the ordinary course of business) or give or allow to remain outstanding any guarantee or indemnity (except as required under any of the Finance Documents) to or for the benefit of any person or otherwise voluntarily assume any liability, whether actual or contingent, in respect of any obligation of any person.

Appears in 2 contracts

Samples: Facility Agreement (McGraw-Hill Global Education Intermediate Holdings, LLC), Facility Agreement (Huang Julia)

Loans and Guarantees. (a) No Obligor Borrower shall (and the Borrower Principal Company shall ensure that no member of the Group will) make any loans or allow to subsist any loans, grant any credit (save in the ordinary course of businessbusiness or to another member of the Group) to any person or give or allow to remain outstanding any guarantee or indemnity (except as required under any of the Finance Documents) to or for in respect of the benefit obligations of any person (other than a member of Group) or otherwise voluntarily assume any liability, whether actual or contingent, in respect of any obligation of any personperson (other than a member of the Group).

Appears in 1 contract

Samples: Agreement (General Geophysics Co)

Loans and Guarantees. (a) No Obligor party hereto shall, and each Obligor party hereto shall (and the Borrower shall ensure procure that no member of the Group will) , make or allow to subsist any loans, grant any credit (save in the ordinary course of business) or give or allow to remain outstanding any guarantee or indemnity (except as required under any of the Finance Documents) to or for the benefit of any person or otherwise voluntarily assume any liability, whether actual or contingent, in respect of any obligation of any person.

Appears in 1 contract

Samples: Facility Agreement (China Mengniu Dairy Co LTD)

Loans and Guarantees. (a) No Obligor shall (and the Borrower Company shall ensure that no member of the Group will) make or allow to subsist any loans, grant any credit (save in the ordinary course of business including, without limitation, the giving of guarantees of leasehold obligations in the ordinary course of business) make any loans, grant any credit or give or allow to remain outstanding any guarantee or indemnity (except as required under any of the Finance Documents) to or for the benefit of any person or otherwise voluntarily assume any liability, whether actual or contingent, in respect of any obligation of any personperson save in each case for Permitted Indemnities.

Appears in 1 contract

Samples: Agreement (Signet Group PLC)

Loans and Guarantees. (a) No Obligor The Borrower shall not (and the Borrower shall ensure that no member of the Group will) make or allow to subsist any loans, grant any credit (save in the ordinary course of business) or give or allow to remain outstanding any guarantee or indemnity (except as required under any of the Finance Documents) to or for the benefit of any person or otherwise voluntarily assume any liability, whether actual or contingent, in respect of any obligation of any person.

Appears in 1 contract

Samples: Facility Agreement (ChinaEdu CORP)

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Loans and Guarantees. (a) No Obligor shall, and each Obligor shall (and the Borrower shall ensure procure that no member of the Group Member will) , make or allow to subsist any loans, grant any credit (save in the ordinary course of business) or give or allow to remain outstanding any guarantee or indemnity (except as required under any of the Finance Documents) to or for the benefit of any person or otherwise voluntarily assume any liability, whether actual or contingent, in respect of any obligation of any person.

Appears in 1 contract

Samples: Senior Facilities Agreement (OneSmart International Education Group LTD)

Loans and Guarantees. (a) No Obligor shall (and the Original Borrower shall ensure that no member of the Group will) make or allow to subsist any loans, grant any credit (save in the ordinary course of business) or give or allow to remain outstanding any guarantee or indemnity (except as required under any of the Finance Documents) to or for the benefit of any person or otherwise voluntarily assume any liability, whether actual or contingent, in respect of any obligation of any person., except for:

Appears in 1 contract

Samples: Facilities Agreement (Benfield Greig Group PLC)

Loans and Guarantees. (a) No Obligor shall (and the Borrower Parent shall ensure that no other member of the Group will) make or allow to subsist any loans, grant any credit (save in the ordinary course of business) or give or allow to remain outstanding any guarantee or indemnity (except as required under any of the Finance Documents) to or for the benefit of any person or otherwise voluntarily assume any liability, whether actual or contingent, in respect of any obligation of any personperson (together, “Credit”).

Appears in 1 contract

Samples: Amkor Technology, Inc.

Loans and Guarantees. (a) No Obligor The Borrower shall not (and the Borrower shall ensure that no other member of the Group will) make or allow to subsist any loans, grant any credit (save in the ordinary course of business) or give or allow to remain outstanding any guarantee or indemnity (except as required under any of the Finance Documents) to or for the benefit of any person or otherwise voluntarily assume any liability, whether actual or contingent, in respect of any obligation of any person.

Appears in 1 contract

Samples: Facilities Agreement (WEIBO Corp)

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