Number of Loans. The default loan policy under Section 13.04 of the Plan restricts Participants to one loan outstanding at any time. To override the default loan policy and permit Participants to have more than one loan outstanding at any time, complete (a) or (b) below.
Number of Loans. The Borrower may not deliver a Request if as a result of the proposed Loan three or more Loans would be outstanding.
Number of Loans. No more than ten (10) Loans shall be outstanding at any time.
Number of Loans. A Participant may have no more than the following number of loans outstanding at any given time: [ ] other ______ (fill in) [ ] N/A - no maximum number of loans
Number of Loans. There shall at no time be more than two Loans outstanding.
Number of Loans. No more than one (1) Loan may be utilised under the Facility.
Number of Loans. Only one (1) Loan may be borrowed under the Facility. -8-
Number of Loans. Except as may otherwise be prescribed by the Committee in the Procedures, no Qualified Participant shall be entitled to originate, renew or modify more than one loan during any single calendar year, and if a Qualified Participant who has an outstanding loan requests an additional loan, the entire outstanding loan shall be repaid before a new loan can be processed.
Number of Loans. The Borrower shall ensure that there are no more than 5 Loans outstanding at any time.
Number of Loans. A Borrower may have no more than one loan outstanding at any time. A Borrower who defaults on a loan will not be eligible for a new loan until the prior defaulted loan is repaid.
