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Common use of Maximum number of Loans Clause in Contracts

Maximum number of Loans. A Participant may have only one loan outstanding at any given time.

Appears in 9 contracts

Sources: Retirement & Savings Plan (Bank Jos a Clothiers Inc /De/), 401(k) Maximum Advantage Program and Trust Agreement (Gerber Scientific Inc), 401(k) Savings Plan and Trust Agreement (Advo Inc)

Maximum number of Loans. A Participant may have only one loan outstanding at any given timetime regardless of his or her Employer.

Appears in 1 contract

Sources: Financial Security Plan and Trust Agreement (Caliber System Inc)

Related Clauses

  • Minimum Amounts and Maximum Number of Eurodollar Tranches
  • Minimum Amount of Each Borrowing; Maximum Number of Borrowings
  • Maximum Number of Shares
  • Minimum Amounts and Maximum Number of Tranches
  • Maximum Number of Demand Registrations

Parent Clauses

  • Conditions of Utilisation
  • The Facilities
  • The Facility
  • Investment Direction
  • Conditions Precedent

Sub-Clauses

  • Delivery of a Utilisation Request
  • Completion of a Utilisation Request
  • Currency and amount
  • Lenders’ participation
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