Examples of Permitted Loans in a sentence
Make advances, loans or extensions of credit to any Person, including any Parent, Subsidiary or Affiliate other than Permitted Loans.
Any Issuer may borrow monies evidenced by a loan agreement (and/or equivalent documents) and incur other forms of indebtedness ("Permitted Loans") upon terms that such Permitted Loans are not secured on the Charged Property for any existing outstanding Series of Notes or other Permitted Loan or the relevant Issuer's share capital, and that recourse is limited to any additional assets secured in respect of such Permitted Loans.
Both mothers and fathers can apply for parental leave providing they are named on the child’s birth certificate or have parental or guardian responsibility under the law (as defined by Section 3 of the Children’s Act 1989).
A Club shall comply with provisions of Appendix E, 'Budget Monitoring Scheme & Permitted Loans' as shall be enforced from time to time as determined by the Board.
Save (in each case) for Permitted Loans and Guarantees, no member of the Covenant Group has made any loans or granted any credit or other financial accommodation which is or are outstanding.