Common use of Entities Clause in Contracts

Entities. The Company shall not hold itself out, or permit itself to be held out, as having agreed to pay or be liable for the debts of any of the Xxxx XX Entities or hold out its credit or assets as being available to satisfy the obligations of others and shall not cause or permit others to hold out their credit or assets as being available to satisfy its obligations except for guarantees among the Restricted Entities.

Appears in 9 contracts

Samples: Operating Agreement (World Travel LLC), Operating Agreement (Wynn Resorts LTD), Operating Agreement (World Travel LLC)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.