Common use of CONTINGENT OBLIGATIONS; PERFORMANCE GUARANTIES Clause in Contracts

CONTINGENT OBLIGATIONS; PERFORMANCE GUARANTIES. 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 or Performance Guaranty, and shall not create or become or remain liable with respect to any obligation to incur a subsequent Contingent Obligation or to post cash collateral to secure any obligation, except:

Appears in 8 contracts

Samples: Credit Agreement (Covanta Energy Corp), Credit Agreement (Danielson Holding Corp), Credit Agreement (Covanta Energy Corp)

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