Common use of Accommodation Obligations Clause in Contracts

Accommodation Obligations. Borrower shall not, and shall not permit any of its Subsidiaries to, directly or indirectly, create or become or be liable with respect to any Accommodation Obligation, except: (i) guaranties resulting from endorsement of negotiable instruments for collection in the ordinary course of business; (ii) Accommodation Obligations arising in connection with the Transaction Documents; (iii) Accommodation Obligations of the Borrower pursuant to the GAQSC Guaranty; (iv) Accommodation Obligations with respect to any Indebtedness permitted by Section 7.01; and (v) Accommodation Obligations with respect to any Contractual Obligation of the Borrower or any Subsidiary (other than GAQSC, except as permitted by clause (iii) above) if such Contractual Obligation is not otherwise prohibited under this Agreement.