Common use of Assumptions; Guaranties Clause in Contracts

Assumptions; Guaranties. Borrower will not assume, guarantee, endorse, or otherwise become directly or contingently liable for (including, without limitation, liable by way of agreement, contingent or otherwise, to purchase, to provide funds for payment, to supply funds to, or otherwise invest in any debtor or otherwise to assure any creditor against loss) any financial obligation or Indebtedness of any other person or entity, except guaranties by endorsement of negotiable instruments for deposit, collection, or similar transactions in the ordinary course of business.

Assumptions; Guaranties. The Borrower will not assume, ----------------------- guarantee, endorse, or otherwise become directly or contingently liable for (including, without limitation, liable by way of agreement, contingent or otherwise, to purchase, to provide funds for payment, to supply funds to, or otherwise invest in any debtor debtor, other than to a Subsidiary, or otherwise to assure any the creditor against loss) any financial obligation or Indebtedness of any other person or entityPerson, other than a Subsidiary, except guaranties by endorsement of negotiable instruments for deposit, collection, or similar transactions in the ordinary course of business.

Assumptions; Guaranties. Borrower will not assume, guarantee, endorse, or otherwise become directly or contingently liable for (including, without limitation, liable by way of agreement, contingent or otherwise, to purchase, to provide funds for payment, to supply funds to, or otherwise invest in any debtor or otherwise to assure any the creditor against loss) any financial obligation or Indebtedness of any other person or entityPerson, except guaranties by endorsement of negotiable instruments for deposit, collection, or similar transactions in the ordinary course of business.