Common use of Lending and borrowing Clause in Contracts

Lending and borrowing. BWF shall not make loans, advances or otherwise extend credit to any other Person, except on an arm’s-length basis, and shall not permit any Affiliate of BWF to advance funds to BWF or otherwise supply funds to, or guaranty debts of, BWF.

Appears in 2 contracts

Sources: Receivables Financing Agreement (Brooke Corp), Master Trust Indenture (Brooke Credit CORP)