CERTAIN CONTINGENT OBLIGATIONS Sample Clauses

CERTAIN CONTINGENT OBLIGATIONS. As of September 30, 1996, each of Madison, CLIC and WMAC Credit has assets in excess of its liabilities. The guaranties or indemnification undertakings given by Madison, CLIC and/or WMAC Credit referenced in the definition of Contingent Obligation are obligations of Madison, CLIC or WMAC Credit, as the case may be, without recourse to the Company. 5.16.
Sample 1
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CERTAIN CONTINGENT OBLIGATIONS vi- CREDIT AGREEMENT ---------------- This CREDIT AGREEMENT is dated as of June 29, 2001 and entered into by and among HARNISCHFEGER INDUSTRIES, INC., a Delaware corporation ("Borrower"), THE FINANCIAL INSTITUTIONS LISTED ON THE SIGNATURE PAGES HEREOF (each individually referred to herein as a "Lender" and collectively as "Lenders") and BANKERS TRUST COMPANY ("BTCo"), as administrative agent for Lenders (in such capacity, "Agent").
Sample 1
CERTAIN CONTINGENT OBLIGATIONS. As of January 1, 2000, each of CLIC and WMAC Credit has assets in excess of its liabilities. The guaranties or indemnification undertakings given by CLIC and/or WMAC Credit referenced in the definition of Contingent Obligation are obligations of CLIC or WMAC Credit, as the case may be, without recourse to the Company.
Sample 1
CERTAIN CONTINGENT OBLIGATIONS. This Schedule hereby incorporates by reference all Contingent Obligations pending, threatened or contemplated against the Company, or any subsidiary, or any of their respective properties, contained in Forms 10-K for the year ended December 31, 1997, Note 16 (Commitments and Contingencies), filed by the Company with the Securities and Exchange Commission. In addition to those items disclosed above, the following is a list of certain Contingent Obligations: Giant Industries, Inc., as Issuer, and all Subsidiaries, as Guarantors, of the $100,000,000 9.75% Senior Subordinated Notes Due 2003, Indenture dated as of November 29, 1993. Giant Industries, Inc., as Issuer and all Subsidiaries, as Guarantors of the $150,000,000 9% Senior Subordinated Notes Due 2007, Indenture dated as of August 26, 1997. SCHEDULE 11.02 OFFSHORE AND DOMESTIC LENDING OFFICES, ADDRESSES FOR NOTICES GIANT INDUSTRIES, INC. Giant Industries, Inc. 23733 North Scottsdale Road Scottsdale, Arizona 85255-0000 Xxxxxxxxx: Xxxxxxxxx Xxxxxxxxx: (000) 000-0000 Xxxximile: (602) 585-8893 GUARANTORS [XXXX XX XXXRANTOR] c/o Gxxxx Xxxxxxxxxs, Inc. 23733 North Scottsdale Road Scottsdale, Arizona 85255-0000 Xxxxxxxxx: Xxxxxxxxx Xxxxxxxxx: (000) 000-0000 Xxxximile: (602) 585-8893 BANK OF AMXXXXX XXXXXXXX TRUST AND SAXXXXX XXXXXXXXION, as Administrative Agent Administrative Agent's Payment office: Bank of America-San Francisco F/O: Agency Mgmt. Svcs. 5596 ABA No.: 1210-0035-8 Acct. No.: 12334-14782 Ref: Giant Industxxxx, Xxx. Bank of America National Trust and Savings Association Global Agency #5596 1850 Gateway Blvd. - 5th Floor Concord, CA 94520 Attexxxxx: Xxxx Xxxxxxxx Xxxxxxxxx: (000) 000-0000 Facsimile: (000) 000-0000 BANK OF AMEXXXX XXXXXXXX TRUST AND SXXXXXX XXXXXXXTION, as Issuing Bank Address for Notices: 231 South LaSalle Street Chicago, Illinois 60697 Attenxxxx: Xxx Xxxxxx Xxxxxxxxx: (000) 000-0000 Xxxsimile: (310) 000-0006 With a copx xx: Xxxx xx America Three Xxxxx Xxxxxx 333 Clay Street, Suite 4550 Attention: Cxxxxx Liu Houxxxx, Xxxxx 00000-0000 Xxxxphone: (713) 000-0000 Fxxxxxxxx: (000) 000-0001 BANK OF AMXXXXX XXXXXXXX TRUST AND SXXXXXX XXXXXXXTION, as a Bank Domestic and Eurodollar Lending Office: Bank of America National Trust and Savings Association 231 South LaSalle Street Chicago, Illinois 60697 Attenxxxx: Xxx Xxxxxx Xxxxxxxxx: (000) 000-0000 Xxxsimile: (310) 000-0006 Address fox Xxxxxxx (xxxer than Borrowxxx Xxxxxxx xxd Notices of Conversion/ Continuation): Bank of America Three Allen Ce...
Sample 1
CERTAIN CONTINGENT OBLIGATIONS. Any reference to principal payable with respect to an Existing Agreement which is a guaranty shall mean and refer to the principal payable with respect to the primary obligation.
Sample 1

Related to CERTAIN CONTINGENT OBLIGATIONS

  • Debt; Contingent Obligations No Borrower will, or will permit any Subsidiary to, directly or indirectly, create, incur, assume, guarantee or otherwise become or remain directly or indirectly liable with respect to, any Debt, except for Permitted Debt. No Borrower will, or will permit any Subsidiary to, directly or indirectly, create, assume, incur or suffer to exist any Contingent Obligations, except for Permitted Contingent Obligations.

  • Indebtedness and Contingent Obligations As of the Closing, the Borrowers shall have no outstanding Indebtedness or Contingent Obligations other than the Obligations or any other Permitted Indebtedness.

  • Litigation and Contingent Obligations There is no litigation, arbitration, governmental investigation, proceeding or inquiry pending or, to the knowledge of any of their officers, threatened against or affecting the Borrower or any of its Subsidiaries which could reasonably be expected to have a Material Adverse Effect or which seeks to prevent, enjoin or delay the making of any Loans. Other than any liability incident to any litigation, arbitration or proceeding which could not reasonably be expected to have a Material Adverse Effect, the Borrower has no material contingent obligations not provided for or disclosed in the financial statements referred to in Section 5.4.

  • Contingent Obligations Company shall not, and shall not permit any of its Subsidiaries to, directly or indirectly, create or become or remain liable with respect to any Contingent Obligation, except:

  • Permitted Contingent Obligations Contingent Obligations (a) arising from endorsements of Payment Items for collection or deposit in the Ordinary Course of Business; (b) arising from Hedging Agreements permitted hereunder; (c) existing on the Closing Date, and any extension or renewal thereof that does not increase the amount of such Contingent Obligation when extended or renewed; (d) incurred in the Ordinary Course of Business with respect to surety, appeal or performance bonds, or other similar obligations; (e) arising from customary indemnification obligations in favor of purchasers in connection with dispositions of Equipment permitted hereunder; (f) arising under the Loan Documents; (g) guaranties of Permitted Debt; or (h) in an aggregate amount of $250,000 or less at any time.

  • Limitation on Contingent Obligations Create, incur, assume or suffer to exist any Contingent Obligation except:

  • Contingent Obligation any obligation of a Person arising from a guaranty, indemnity or other assurance of payment or performance of any Debt, lease, dividend or other obligation (“primary obligations”) of another obligor (“primary obligor”) in any manner, whether directly or indirectly, including any obligation of such Person under any (a) guaranty, endorsement, co-making or sale with recourse of an obligation of a primary obligor; (b) obligation to make take-or-pay or similar payments regardless of nonperformance by any other party to an agreement; and (c) arrangement (i) to purchase any primary obligation or security therefor, (ii) to supply funds for the purchase or payment of any primary obligation, (iii) to maintain or assure working capital, equity capital, net worth or solvency of the primary obligor, (iv) to purchase Property or services for the purpose of assuring the ability of the primary obligor to perform a primary obligation, or (v) otherwise to assure or hold harmless the holder of any primary obligation against loss in respect thereof. The amount of any Contingent Obligation shall be deemed to be the stated or determinable amount of the primary obligation (or, if less, the maximum amount for which such Person may be liable under the instrument evidencing the Contingent Obligation) or, if not stated or determinable, the maximum reasonably anticipated liability with respect thereto.

  • Guaranty Obligations Unless otherwise specified, the amount of any Guaranty Obligation shall be the lesser of the principal amount of the obligations guaranteed and still outstanding and the maximum amount for which the guaranteeing Person may be liable pursuant to the terms of the instrument embodying such Guaranty Obligation.

  • Guaranty of the Obligations Subject to the provisions of Section 7.2, Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to Administrative Agent for the ratable benefit of the Beneficiaries the due and punctual payment in full of all Obligations when the same shall become due, whether at stated maturity, by required prepayment, declaration, acceleration, demand or otherwise (including amounts that would become due but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Code, 11 U.S.C. § 362(a)) (collectively, the “Guaranteed Obligations”).

  • OBLIGATIONS CONTINGENT ON PERFORMANCE The obligations of the Employer hereunder, including its obligation to pay the compensation provided for herein, are contingent upon the Executive's performance of the Executive's obligations hereunder.

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