Common use of Lending and borrowing Clause in Contracts

Lending and borrowing. (a) Except as provided or contemplated under the Transaction Documents, Funding 2 shall not make any loans or provide any other form of credit to any person. (b) Funding 2 shall not give any guarantee or indemnity to or for the benefit of any person in respect of any obligation of any other person or enter into any document under which Funding 2 assumes any liability of any other person. (c) Funding 2 shall not incur any indebtedness in respect of any borrowed money other than under the Transaction Documents.

Lending and borrowing. (a) Except Save as provided or contemplated under by the Transaction Documents, Funding 2 1 shall not make any loans or provide any other form of credit to any person. (b) Funding 2 1 shall not give any guarantee or indemnity to or for the benefit of any person in respect of any obligation of any other person or enter into any document under which Funding 2 1 assumes any liability of any other person. (c) Funding 2 1 shall not incur any indebtedness in respect of any borrowed money other than under the Transaction Documents.

Lending and borrowing. (a) Except as provided or contemplated under the Transaction Documents, Funding 2 shall not make any loans or provide any other form of credit to any person. (b) Funding 2 shall not give any guarantee or indemnity to or for the benefit of any person in respect of any obligation of any other person or enter into any document under which Funding 2 assumes any liability of any other person. (c) Funding 2 shall not incur any indebtedness in respect of any borrowed money other than under the Transaction Documents.