Guarantee Obligation. The Borrower will not create, incur, suffer to exist a Guarantee Obligation or otherwise become liable for any obligation of any other Person, except: (1) the endorsement of commercial paper for deposit or collection in the ordinary course of business, and (2) leases by the Borrower incurred in the ordinary course of business.
Appears in 6 contracts
Samples: Loan and Security Agreement (Symbion Inc/Tn), Loan and Security Agreement (Symbion Inc/Tn), Loan and Security Agreement (Symbion Inc/Tn)