Common use of Guarantees and Contingent Liabilities Clause in Contracts

Guarantees and Contingent Liabilities. Except for the Guaranty Agreements and except as otherwise set forth in Section 6.02 hereof, no Loan Party nor any Subsidiary of a Loan Party shall at any time directly or indirectly become or be liable in respect of any Guaranty, or assume, guarantee, become surety for, endorse or otherwise agree, become or remain directly or contingently liable upon or with respect to any obligation or liability of any other Person.

Guarantees and Contingent Liabilities. Except for the Guaranty Agreements and except as otherwise set forth in Section 6.02 hereof, no No Loan Party nor any Subsidiary of a Loan Party shall shall, at any time directly or indirectly become or be liable in respect of any Guaranty, or assume, guarantee, become surety for, endorse or otherwise agree, become or remain directly or contingently liable upon or with respect to any obligation or liability of any other Person.Person other than the Borrower or any of its Subsidiaries, except: (a) indemnities of directors and officers in their capacities as such, as permitted by Law;