Common use of Assumptions; Guaranties Clause in Contracts

Assumptions; Guaranties. Etc. of Indebtedness of Other Persons. Assume, guarantee, endorse or otherwise become directly or contingently liable, or permit the Utility Subsidiaries to assume, guarantee, endorse or otherwise become directly or indirectly liable (including, without limitation, in any case, liable by way of agreement, contingent or otherwise, to purchase, to provide funds for payment, to supply funds to or otherwise invest in the debtor or otherwise to assure the creditor against loss) in connection with any obligation or Indebtedness of any other Person, except:

Appears in 2 contracts

Samples: Guaranty (Gpu Inc /Pa/), Assignment Agreement (Gpu Inc /Pa/)

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Assumptions; Guaranties. Etc. of Indebtedness of Other Persons. Assume, guarantee, endorse or otherwise be or become directly or contingently liable, or permit the Utility Subsidiaries to assume, guarantee, endorse or otherwise become directly or indirectly liable (including, without limitation, in any case, liable by way of agreement, contingent or otherwise, to purchase, to provide funds for payment, to supply funds to or otherwise invest in the debtor any Person or otherwise to assure the creditor creditors of any such Person against loss) in connection with any obligation or Indebtedness of any other Person, except:except for Guaranties by endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.

Appears in 1 contract

Samples: Loan Agreement (Samuels Jewelers Inc)

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Assumptions; Guaranties. Etc. of Indebtedness of Other Persons. Assume, guarantee, endorse or otherwise become directly or contingently liable, or permit the Utility Subsidiaries to assume, guarantee, endorse or otherwise become directly or indirectly liable (including, without limitation, in any case, liable by way of agreement, contingent or otherwise, to purchase, to provide funds for payment, to supply funds to or otherwise invest in the debtor or otherwise to assure the creditor against loss) in connection with any obligation Debt or Indebtedness indebtedness, except guaranties by endorsement of any other Person, except:negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.

Appears in 1 contract

Samples: Credit and Loan Agreement (Kos Pharmaceuticals Inc)

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