Contingent Liabilities. Borrower will not assume, guarantee, endorse, contingently agree to purchase or otherwise become liable upon the obligation of any Person, except by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.
Appears in 21 contracts
Samples: Loan and Security Agreement (Southland Health Services, Inc.), Loan and Security Agreement (Digirad Corp), Loan and Security Agreement (Ensign Group, Inc)
Contingent Liabilities. Borrower will not not, directly or indirectly, assume, guarantee, endorse, contingently agree to purchase or otherwise become liable upon the obligation of any Person, Person (other than Borrower) in connection with the Property except by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.
Appears in 3 contracts
Samples: Loan Agreement (Innovative Food Holdings Inc), Loan Agreement (Innovative Food Holdings Inc), Loan Agreement (Innovative Food Holdings Inc)
Contingent Liabilities. Borrower will not not, directly or indirectly, assume, guarantee, endorse, contingently agree to purchase or otherwise become liable upon the obligation of any Person, Person (other than Borrower) except by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.
Appears in 3 contracts
Samples: Loan Agreement (United Development Funding Income Fund V), Loan Agreement (United Development Funding IV), Loan Agreement (United Development Funding IV)
Contingent Liabilities. Borrower will not assume, guarantee, endorse, contingently agree to purchase or otherwise become contingently liable upon for the obligation of any Personperson, firm, or corporation except by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of its respective business.
Appears in 3 contracts
Samples: Loan Agreement (Tri-Isthmus Group, Inc.), Loan Agreement (Tri-Isthmus Group, Inc.), Loan Agreement (Tri-Isthmus Group, Inc.)
Contingent Liabilities. The Borrower will shall not assume, guarantee, endorse, contingently agree to purchase endorse or otherwise become liable upon the obligation obligations of any Personperson, entity or corporation except by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.
Appears in 2 contracts
Samples: Commercial Promissory Note and Loan Agreement (D M Management Co), Commercial Promissory Note and Loan Agreement (D M Management Co)
Contingent Liabilities. Borrower will not assume, guarantee, endorse, contingently agree to purchase or otherwise become liable upon the obligation of any Person, except (a) for guarantees of indebtedness otherwise permitted by Section 7.1, or (b) by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.
Appears in 2 contracts
Samples: Loan and Security Agreement (Raintree Healthcare Corp), Loan and Security Agreement (Raintree Healthcare Corp)
Contingent Liabilities. Borrower will not shall not, directly or indirectly, assume, guarantee, endorse, contingently agree to purchase or otherwise become liable upon the obligation of for any PersonDebt except: (a) Permitted Debt, except and (b) by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of Borrower’s business.
Appears in 2 contracts
Samples: Loan Agreement (Lm Funding America, Inc.), Loan Agreement (Lm Funding America, Inc.)
Contingent Liabilities. Borrower will not assume, guarantee, endorse, contingently agree to purchase furnish funds for the payment of, or otherwise become or be contingently liable upon the obligation indebtedness of any Person, except by the endorsement (a) endorsements of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business, and (b) commercially reasonable indemnity agreements by the Borrower in favor of its officers, members, managers, partners and directors.
Appears in 2 contracts
Samples: Construction Loan Agreement, Construction Loan Agreement (Red Trail Energy, LLC)
Contingent Liabilities. Borrower will shall not assume, ------------------------ guarantee, endorse, contingently agree to purchase or otherwise become liable upon the obligation of any Person, except by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.
Appears in 1 contract
Samples: Loan and Security Agreement (New York Health Care Inc)
Contingent Liabilities. Borrower will not assume, ----------------------- guarantee, endorse, contingently agree to purchase or otherwise become liable upon the obligation of any Person, except by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.
Appears in 1 contract
Samples: Loan and Security Agreement (Healthcor Holdings Inc)
Contingent Liabilities. Borrower will not assume, guarantee, endorse, contingently agree to purchase or otherwise become liable upon the obligation of any Personthird person or entity, except by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.
Appears in 1 contract
Contingent Liabilities. Borrower will not assume, guarantee, endorse, contingently agree to purchase or otherwise become liable upon the obligation of any Person, except by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business, and except for indebtedness expressly permitted by Section 7.1.
Appears in 1 contract
Samples: Loan and Security Agreement (Allion Healthcare Inc)
Contingent Liabilities. Borrower will not assume, guarantee, endorse, contingently agree to purchase or otherwise become liable upon the obligation of any Person, except (i) by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business; and (ii) for Borrowed Money permitted to be incurred under Section 7.1.
Appears in 1 contract
Samples: Loan and Security Agreement (BMJ Medical Management Inc)
Contingent Liabilities. The Borrower will not assumeguarantee directly or indirectly the performance or payment of, guaranteeor purchase or agree to purchase, endorse, or assume or contingently agree to purchase become or otherwise become be secondarily liable upon the in respect of, any obligation or liability of any Person, other Person except as permitted by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of businessSection .
Appears in 1 contract
Samples: Credit Agreement (Fm Properties Inc)
Contingent Liabilities. Borrower will shall not assume, guarantee, endorse, become contingently agree to purchase or otherwise become liable upon or assume the obligation of any Personperson, or permit any such contingent liability to exist, except by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of Borrower’s business.
Appears in 1 contract
Samples: Term Loan Agreement
Contingent Liabilities. Borrower will shall not assumedirectly or indirectly guarantee the performance or payment of, guaranteeor purchase or agree to purchase, endorse, or assume or contingently agree to purchase become or otherwise become be secondarily liable upon the in respect of, any obligation or liability of any Person, other Person except by for the endorsement for collection of checks or other negotiable instruments for deposit or collection or similar transactions in the ordinary course of businessbusiness and contingency obligations under an operating agreement that are customarily accepted in the industry.
Appears in 1 contract
Contingent Liabilities. Borrower will not assume, guarantee, endorse, contingently agree to purchase or otherwise become liable upon the obligation obligations of any Person, except by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.
Appears in 1 contract
Contingent Liabilities. Borrower will not assume, guarantee, endorse, contingently agree to purchase or otherwise become contingently liable upon for the obligation of any Personperson, except by the endorsement of negotiable instruments for deposit firm, or collection or similar transactions in the ordinary course of businesscorporation.
Appears in 1 contract
Samples: Loan Agreement (First Physicians Capital Group, Inc.)
Contingent Liabilities. Borrower will not assume, guarantee, endorse, contingently agree to purchase or otherwise become liable upon the obligation of any Person, except by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of businessbusiness and in connection with borrowings permitted by this Agreement.
Appears in 1 contract
Contingent Liabilities. Borrower will not assume, guarantee, --------------------------------------- endorse, contingently agree to purchase or otherwise become liable upon the obligation of any Person, except by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.
Appears in 1 contract
Samples: Loan and Security Agreement (International Nursing Services Inc)
Contingent Liabilities. Borrower will not assume, guarantee, endorse, contingently agree to purchase or otherwise become liable upon the obligation of any Person, Person (other than Borrower) except by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.
Appears in 1 contract
Contingent Liabilities. Borrower The Borrowers will not assume, guarantee, endorse, contingently agree to purchase endorse or otherwise become contingently liable upon for the obligation of any Personother person, firm or corporation, except by the endorsement of negotiable instruments for deposit or collection or other similar transactions in the ordinary course of the Borrowers' business.
Appears in 1 contract
Contingent Liabilities. Borrower will not assume, ---------------------- guarantee, endorse, contingently agree to purchase or otherwise become liable upon the obligation of any Person, except by for the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.
Appears in 1 contract
Contingent Liabilities. Borrower will not assume, guarantee, endorse, contingently agree to purchase or otherwise become liable upon the obligation of any Personthird person or entity, except (i) by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of businessbusiness or (ii) for obligations of Affiliates or Subsidiaries in an aggregate amount less than $50,000.00.
Appears in 1 contract
Contingent Liabilities. Borrower will not assume, guarantee, endorse, contingently agree to purchase or otherwise become liable upon the obligation of any Person, except by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business (including advances provided to Customers pursuant to their respective Customer Contracts in the ordinary course of business.; provided, Borrower provides prior written
Appears in 1 contract
Contingent Liabilities. The Borrower will shall not assume, guarantee, endorse, contingently agree to purchase or otherwise become liable upon the obligation of any Personperson, except (i) by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of businessbusiness and (ii) guarantees by the Borrower of contractual obligations (other than for the payment of borrowed money) of any wholly-owned subsidiary.
Appears in 1 contract
Samples: Loan Agreement (Univec Inc)
Contingent Liabilities. Borrower will not assume, guarantee, endorse, contingently agree to purchase or otherwise become liable upon the obligation of any Person, except (i) by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business, and (ii) for Borrowed Money permitted to be incurred under Section 7.1.
Appears in 1 contract
Contingent Liabilities. Borrower will not assume, ---------------------- guarantee, endorse, contingently agree to purchase or otherwise become liable upon the obligation of any Person, except by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.
Appears in 1 contract
Contingent Liabilities. Borrower will not not, directly or indirectly, assume, guarantee, endorse, contingently agree to purchase or otherwise become liable upon the obligation of any Person, Person (other than Borrower) except (a) by the endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business, and (b) contingent liabilities arising from the sale of Mortgage Loans or servicing rights in the ordinary course of business subject to the restrictions on disposition of Collateral set forth in this Agreement.
Appears in 1 contract