Common use of Limitation on Credit Extensions Clause in Contracts

Limitation on Credit Extensions. Except for Cash Equivalents, no Restricted Person will extend credit, make advances or make loans other than (i) normal and prudent extensions of credit to customers buying goods and services in the ordinary course of business, which extensions shall not be for longer periods than those extended by similar businesses operated in a normal and prudent manner, (ii) loans to Borrower or to any Guarantor, and (iii) loans to employees of any Restricted Person, so long as the aggregate amount of such loans does not exceed $20,000.

Limitation on Credit Extensions. Except for Cash EquivalentsPermitted Investments, no Restricted Person will extend credit, make advances or make loans other than (ia) normal and prudent extensions of credit to customers buying goods and services in the ordinary course of businessbusiness and under agreements described in clause (c) of the definition of Permitted Liens, which extensions shall not be for longer periods than those extended by similar businesses operated in a normal and prudent manner, manner and (iib) loans to Borrower or to any Guarantor, and (iii) loans advances to employees of any the Restricted Person, so long as the Persons in an aggregate amount of such loans does not to exceed $20,00025,000 at any time outstanding.