Common use of Contingent Liabilities Clause in Contracts

Contingent Liabilities. Neither the Borrower nor any of its Subsidiaries shall create, incur, assume, guarantee or be or remain liable with respect to any Guarantees other than (i) Guarantees existing on the date of this Agreement and disclosed on EXHIBIT C hereto, and (ii) Guarantees resulting from the endorsement of negotiable instruments for deposit or collection in the ordinary course of business.

Appears in 4 contracts

Samples: Credit Agreement (Aspen Technology Inc /De/), Revolving Credit Agreement (Microfinancial Inc), Revolving Credit Agreement (Microfinancial Inc)

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Contingent Liabilities. Neither the Borrower nor any of its Subsidiaries shall create, incur, assume, guarantee or be or remain liable with respect to any Guarantees other than (i) Guarantees existing on the date of this Agreement and disclosed on EXHIBIT Exhibit C hereto, and (ii) Guarantees resulting from the endorsement of negotiable instruments for deposit or collection in the ordinary course of business.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Microfinancial Inc), Credit Agreement (Microfinancial Inc), Credit Agreement (Andover Medical, Inc.)

Contingent Liabilities. Neither the Borrower nor any of its Subsidiaries shall create, incur, assume, guarantee or be or remain liable with respect to any Guarantees other than (i) Guarantees existing on the date of this Agreement and disclosed on EXHIBIT Exhibit C hereto, and (ii) Guarantees resulting from the endorsement of negotiable instruments for deposit or collection in the ordinary course of businessbusiness and (iii) Guarantees that constitute Subordinated Debt.

Appears in 2 contracts

Samples: Credit Agreement (Microfinancial Inc), Credit Agreement (Microfinancial Inc)

Contingent Liabilities. Neither the Borrower nor any of its their Subsidiaries shall create, incur, assume, guarantee or be or remain liable with respect to any Guarantees other than (i) Guarantees existing on the date of this Agreement and disclosed on EXHIBIT Exhibit C hereto, and (ii) Guarantees resulting from the endorsement of negotiable instruments for deposit or collection in the ordinary course of businessbusiness and (iii) Guarantees that constitute Subordinated Debt.

Appears in 2 contracts

Samples: Credit Agreement (Microfinancial Inc), Credit Agreement (Microfinancial Inc)

Contingent Liabilities. Neither the Borrower nor any of its Subsidiaries shall create, incur, assume, guarantee or be assume or remain liable with respect to any Guarantees Guaranties other than the following: (ia) Guarantees existing on Guaranties in favor of the date Bank or any of this Agreement and its Affiliates; and (b) Guaranties disclosed on EXHIBIT C hereto, and (ii) Guarantees resulting from the endorsement of negotiable instruments for deposit in SCHEDULE 6.2 hereto or collection in the ordinary course of businessfinancial statements referred to in Section 4.6.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Biosphere Medical Inc), Revolving Credit Agreement (Sepracor Inc /De/)

Contingent Liabilities. Neither the Borrower nor any of its ---------------------- Subsidiaries shall create, incur, assume, guarantee or be or remain liable with respect to any Guarantees other than (i) Guarantees existing on the date of this Agreement and disclosed on EXHIBIT Exhibit C hereto, and (ii) Guarantees resulting from --------- the endorsement of negotiable instruments for deposit or collection in the ordinary course of business, and (iii) Guarantees permitted under the definition of Permitted Venture Investments.

Appears in 1 contract

Samples: Revolving Credit Agreement (Viisage Technology Inc)

Contingent Liabilities. Neither the Borrower nor any of its Subsidiaries shall create, incur, assume, guarantee or be or remain liable with respect to any Guarantees other than (i) Guarantees existing on the date of this Agreement and disclosed on EXHIBIT C hereto, and (ii) Guarantees resulting from the endorsement of negotiable instruments for deposit or collection in the ordinary course of business.

Appears in 1 contract

Samples: Revolving Credit Agreement (Boyle Leasing Technologies Inc)

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Contingent Liabilities. Neither the Borrower nor any of its Subsidiaries shall create, incur, assume, guarantee or be or remain liable with respect to any Guarantees other than (i) Guarantees existing on the date of this Agreement and disclosed on EXHIBIT C Schedule 7.2 hereto, (ii) Guarantees of the Obligations hereunder; and (iiiii) Guarantees resulting from the endorsement of negotiable instruments for deposit or collection in the ordinary course of business.

Appears in 1 contract

Samples: Loan Agreement (Fuelcell Energy Inc)

Contingent Liabilities. Neither the Borrower nor any of its Subsidiaries shall create, incur, assume, guarantee or be or remain liable with respect to any Guarantees other than the following: (ia) Guarantees in favor of the Bank, or any of its or their affiliates; (b) Guarantees existing on the date of this Agreement and disclosed on EXHIBIT C hereto, and (ii) Guarantees resulting from the endorsement of negotiable instruments for deposit or collection in the ordinary course of business."8.2

Appears in 1 contract

Samples: Loan Agreement (Image Guided Technologies Inc)

Contingent Liabilities. Neither the any Borrower nor any of its Subsidiaries shall create, incur, assume, guarantee or be or remain liable with respect to any Guarantees other than (i) Guarantees existing on the date of this Agreement and disclosed on EXHIBIT C SCHEDULE 3 hereto, and (ii) Guarantees resulting from the endorsement of negotiable instruments for deposit or collection in the ordinary course of businessbusiness and (iii) Guarantees in connection with the Indebtedness permitted under Section 7.1.

Appears in 1 contract

Samples: Credit Agreement (Learning Co Inc)

Contingent Liabilities. Neither the Borrower nor any of its ---------------------- Subsidiaries shall create, incur, assume, guarantee or be or remain liable with respect to any Guarantees other than (i) Guarantees existing on the date of this Agreement and disclosed on EXHIBIT Exhibit C --------- hereto, and (ii) Guarantees resulting from the endorsement of negotiable instruments for deposit or collection in the ordinary course of business, and (iii) Guarantees permitted under the definition of Permitted Venture Investments.

Appears in 1 contract

Samples: Credit Agreement (Viisage Technology Inc)

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